Lithortech Resources, A Wholly Owned Subsidiary Of Oroplata Resources, Retains Hayden IR To Execute Comprehensive Investor Relations Program

HENDERSON, Nev., Nov. 22, 2016 (GLOBE NEWSWIRE) -- Oroplata Resources, Inc. (OTC Markets:ORRP), through its wholly owned subsidiary, Lithortech Resources ( www.lithortech.com), is a lithium resource exploration and development company. Lithortech's primary focus is the establishment of a low-cost, long-life proved production base to supply the rapidly growing and currently flourishing lithium-ion battery industry for both mobile devices and laptops, as well as the burgeoning EV (electric vehicle) industry.

Lithortech Resources announced today that it has retained Hayden IR, a premier national investor relations consulting firm. Hayden IR will work to implement a strategic investor relations program to raise Lithortech's visibility and strengthen its relationships with the investment community, increase awareness and enhance shareholder value.

Lithortech Resources is focused on becoming a substantial and profitable lithium producer via the rapid development of its valuable production-grade lithium brine project in Nevada. Nevada has long been a producer of lithium from brine at Clayton Valley and, with the opening of Tesla's gigafactory in July 2016, it is destined to become a world leader in the rapidly growing lithium demand market. Ever since electric carmaker Tesla announced plans to build its gigafactory plant outside Reno, Nevada, investors, fans of Elon Musk's company and others around the world have started paying attention to Nevada's large lithium deposits. There is a race for lithium going on in Nevada.

The Company's Western Nevada Basin (WNB) Project is located within Railroad Valley, in Nye County, approximately 112 miles (180 kilometers) northeast of Clayton Valley. The project can be accessed by paved highway directly from U.S. Route 6. Railroad Valley is one of Nevada's largest trapped basins and is noted to hold all the necessary commercial and engineering prerequisites for a massive lithium brine deposit.

The presence of lithium in the valley was identified by the U.S. Geologic Surveys' ("USGS") sediment sampling and confirmed by Lithortech. Historic and modern oil exploration and development data obtained by Lithortech indicate that favorable geologic formations and brines are present, which appear to be very similar to the lithium brine deposit model of the proven and highly prolific nearby Clayton Valley. The company believes the WNB has the potential to host economic lithium bearing brines in the extensive subterranean aquifers beneath the valley floor.