Nevada North Lithium Project
We are a mineral exploration company committed to discovering and developing high-quality battery metals deposits that will power the sustainable future. Our Nevada North Lithium project is a key part of our portfolio, as Lithium is a crucial component in the production of electric vehicle batteries and energy storage systems.
Overview of the Nevada North Lithium Exploration - Development Project
The Nevada North Lithium Project is located in Elko County, Nevada, where the Company owns 100% interest in 243 mineral claims. Situated in the Granite Range, the project is approximately 40km southeast of Jackpot and 73km north-northeast of Wells, Nevada. The project’s goal is to identify a Thacker Pass or Clayton Valley type lithium clay deposit in volcanic tuff and tuffaceous sediments.
Initial surveying of the project area utilized public domain stream sediment geochemical data, which revealed significant lithium content ranging from 29.1 ppm to 5,120 ppm. Follow-up soil sampling identified multiple highly anomalous zones, of which 101 samples carried greater than 1,000 ppm Lithium out of the total 1026 samples obtained.
The current main soil lithium anomaly extends approximately 2,300 meters north-south by about 500 meters wide, with three other significant soil anomalies also outlined in this program. An eight-hole, 776-meter, scout drilling program confirmed significant lithium values continued at depth. The best hole (NN2207) cut four zones of > 1,000 ppm Li averaging 3,943 ppm Li over a total of 120 meters.
The complete assay results for all eight drill holes have been received, revealing that of the 508 drill samples obtained at 1.52m or 5ft intervals, 274 samples carried 1,000 ppm Li or greater. These findings demonstrate significant potential for the Nevada North Lithium Project, highlighting the Company’s commitment to the development of sustainable lithium resources.