LIG Assets Updates on Marianna Calcium Mine and SK-1300 Valuation Initiative

May 14th, 2026 3:02 PM
By: Newsworthy Staff

LIG Assets is advancing a SK-1300 technical report to update the valuation of its calcium carbonate mining assets in Florida, which were previously appraised at $400 million in 2009, amid rising market prices and demand.

LIG Assets Updates on Marianna Calcium Mine and SK-1300 Valuation Initiative

LIG Assets, Inc. (OTCQB: LIGA) provided an operational update on its calcium mining interests in the Marianna, Florida region and its efforts to validate and enhance the value of these assets. The company is working with industry professionals on a potential SEC Regulation S-K Subpart 1300 technical report summary (SK-1300) to define and validate mineral resources, reserves, operational potential, and economic value.

In 2009, a prior appraisal estimated the calcium reserves at approximately $400 million, with calcium products valued at about $8.50 per ton. Since then, market prices, industrial demand, infrastructure needs, agricultural applications, and specialty calcium product opportunities have significantly increased, leading management to believe the mine's valuation has greatly increased. The SK-1300 report is expected to provide updated reserve validation, operational analysis, and enhanced transparency regarding the asset's underlying value. However, no assurance can be given regarding the conclusions, valuation ranges, reserve classifications, or economic outcomes from any completed report or third-party analysis.

Beyond technical and valuation work, the company continues to evaluate strategic transactions and operational opportunities to strengthen its revenue base and long-term financial position. Several potential transactions are under review, and management anticipates providing updates as developments progress and agreements are finalized. "Our focus remains on building long-term shareholder value through strategic asset development, operational improvements, and disciplined growth initiatives," stated management. "The Company believes that obtaining updated technical analysis and reserve validation through the SK-1300 process represents an important step in communicating the potential significance of our calcium mining assets."

LIG Assets continues to focus on opportunities in mining, land reclamation, environmental technologies, and resource-related operations where undervalued assets and operational improvements may create future value. The company intends to update shareholders on operational milestones, acquisitions, technical reports, revenue initiatives, and material developments as information becomes available.

This press release contains forward-looking statements regarding future valuations, reserve estimates, projected revenues, operational opportunities, market conditions, transaction closings, strategic initiatives, SK-1300 reports, and future business prospects. Actual results may differ materially due to risks including market conditions, regulatory approvals, commodity pricing, operational risks, financing conditions, due diligence findings, and other factors. The company undertakes no obligation to update forward-looking statements except as required by law.

For more information, visit the company's website at www.LIGAssets.net and follow on social media at X.com/LIGAssets.

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