LithiumOre Announces Formation of Battery Metals Extraction Division

INCLINE VILLAGE, October 9, 2018 / LithiumOre (the "Company"), a wholly-owned subsidiary of Oroplata Resources Inc. (OTCQB: ORRP), a lithium resource exploration and development company, is pleased to announce that it has formed a Battery Metals Extraction Division.

Lithium is now widely considered the oil of the future. Globally, in its raw form, the resource is abundant. The impediments to market are the mining costs and antiquated extraction technology currently utilized. Lithium extraction from brines is accomplished through a series of evaporation ponds, a process that can take up to two years to complete and requires a tremendous amount of water, making the process no longer permittable within the US. We see this type of mining predominantly in concentrated and unstable geographical areas such as Chile, Bolivia and Argentina, collectively known as the Lithium Triangle.

The key to unlocking this invaluable and highly profitable resource is the development of an extraction technology that requires less water and can significantly reduce the current two-year timeline to market. If actuated successfully, LithiumOre will capitalize not only on the battery metals within its land holdings, but also through marketing the proprietary extraction technology itself.

LithiumOre's new Battery Metals Extraction Division will be located on the Company's current land holdings and close to its Railroad Valley Lithium Project in Nevada, believed to contain at least one million metric tons of lithium carbonate. The Division will potentially, alongside a yet undisclosed partner, design and utilize the most advanced battery metals extraction technology on the market and will complement the Company's lithium mining at its Railroad Valley Lithium Project and future mining projects. The Division will not only extract battery metals from its 26,000 acres land holdings in Nevada but will market its extraction technology as a service to other neighboring mining companies and market for purchase nationwide.

"This simultaneously creates a technology side to our business with an entirely new revenue stream independent of our mining operations and realizes our goal of becoming a fully integrated lithium mining and production company," said Doug Cole, Chief Executive Officer of LithiumOre.

About LithiumOre
LithiumOre (http://lithiumore.net), a wholly-owned subsidiary of Oroplata Resources Inc. (OTC Markets: ORRP), is a lithium resource exploration and development company, whose primary focus is the establishment of a low cost, environmentally sound production base to supply the rapidly growing lithium-ion battery industry for both mobile devices and laptops, as well as the burgeoning EV (electronic vehicle) industry. LithiumOre is focused on becoming a substantial, profitable lithium producer via the timely development of valuable production-grade lithium brine deposits in Nevada.

For more information, please visit: http://lithiumore.net

Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the expected project economics for Western Nevada Basin (Railroad Valley), including estimates of life of mine, average production, cash costs, AISC, initial CAPEX, sustaining CAPEX, pre-tax IRR, pre-tax NPV, net cash flows and recovery rates, the impact of self-mining versus contract mining, the timing to obtain necessary permits, the submission of the project for final investment approval and the timing of initial lithium ore production after investment approval and full financing, metallurgy and processing expectations, the mineral resource estimate, expectations regarding the ability to expand the mineral resource through future drilling, ongoing work to be conducted at the Western Nevada Basin (Railroad Valley), and the potential results of such efforts, the potential commissioning of a Pre-Feasibility study and the effects on timing of the project, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, interpretations or reinterpretations of geologic information, unfavorable exploration results, inability to obtain permits required for future exploration, development or production, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices, final investment approval and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year ended September 30, 2017. The Company assumes no obligation to update any of the information contained or referenced in this press release.

Contact Information
Hayden IR
Stephen Hart
(917) 658-7878
hart@haydenir.com

SOURCE: LithiumOre

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