Announcement • Apr 02
Barrel Energy, Inc. announced delayed annual 10-K filing On 04/01/2026, Barrel Energy, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Jan 31
BARrel Energy Inc. Provides Update on Titan South Project BARREL Energy Inc. announced that it received a report detailing a completed multispectral Advanced Spaceborne Thermal Emission and Reflection radiometer analysis across a portion of the Titan South Lithium Project area in Tanzania. The ASTER information is a type of spectral and thermal remote sensing data collected from satellites which has proven to be an important tool in geological exploration for several decades. Such multispectral analysis has been employed to locate mineral assemblages that correlate with mineral deposits worldwide. With respect to potential lithium deposits, ASTER data has been successfully utilized within the Salar de Atacama in Chile to map key lithological and mineral pathfinder components of this large lithium-bearing playa such as altered rocks and hectorite bearing clays. As well, within the southwest U.S., spectral anomalies have been identified which highlight the mineral assemblages of accessory and lithium hosting sediments over several of the large known lithium resources in this large region. The study was initiated and completed by Dr. Elisante Mshui from the School of Mines and Geosciences at the University of Dar es Salaam in late 2023. This analysis was implemented using a USGS sourced library of data to locate potential lithium bearing prospects within Tanzania and was conducted completely independently of work in the area. Much of the Tian South Project remains unexplored and untested, however, the company noted that the observed robust spectral anomalies at Tit an South cover an area much larger than sampling has covered. Further spectral analysis will be conducted to cover the entire license area, however, the current data provides Barrel a excellent ground map as to where to continue geochemical studies and drilling in 2024. Announcement • Nov 30
Barrel Energy Inc. Provides an Exploration Update on the Titan X South Lithium Project in Tanzania BARREL ENERGY update on the Titan X South Lithium Project in Tanzania. The Company will refer to the property going forward as "Titan South." See Titan Projects Map (attached) with projects orientation in relation to the large play and the adjacent Titan 1 project. The soil anomaly, outlined in green, runs North-South directly from Titan 1 to Titan South. At present, the lithium-in-soil anomaly at Titan 1 is the largest worldwide, covering over 40 square miles (110 square kilometers) of continuous lithium ("Li") values averaging over 4,000 ppm Li and containing high-grade areas where lithium values returned up to 4.82% Li2O (22,400 ppm Li). Much of the Tian South Project remains unexplored and untested, however, new soil grid sampling during the month of October has now covered an area of approximately 4,200 acres (17 square kms). The first two rounds of sampling revealed lithium in-soil values as high 2.5% Li2O (11,600 ppm Li) at Titan South with grades averaging over 3,900 ppm Li in a large area that appears to be the direct southward extension of the Titan 1 playa lithium anomaly. For comparison, the Thacker Pass pit contains 40 years of production and covers roughly 1,100 acres (4.44 sq Kms) and averages 3,160 ppm Li.