공시 • Jan 08
Nevada Lithium Resources Inc. Announces Rare Earth Elements Within Its Bonnie Claire Lithium Project
Nevada Lithium Resources Inc. announced the identification of significant rare earth elements ("REE") mineralization within existing drill core on its 100% owned Bonnie Claire lithium project (the "Project" or "Bonnie Claire"), located in Nye County, Nevada. The Company intends to conduct further work to examine the distribution of REE across Bonnie Claire, and determine the potential for REE extraction alongside lithium and boron within the current flowsheet, as outlined in the Project's 2025 Preliminary Economic Assessment, prepared in accordance with National Instrument 43-101 - Standards of Disclosure in Mineral Projects ("NI 43-101") available on the Company's issuer profile at <URL> (the "PEA"). Rare earth elements are among the world's most valuable minerals and are crucial to technological applications that are highly prized by both industry and governments. Rare earth elements are also included in the US Department of the Interior 2025 Critical Minerals List and have been the focus of Chinese export restrictions. High-grade REE assays co-occur with high-grade lithium, boron, rubidium, and cesium. Almost 800 ft potential vertical thickness of REE mineralization. Potential for REE extraction to be investigated within current mining plan and flowsheet. Drill assays. Bonnie Claire displays two mineral deposits within the shallowly-dipping strata that underlay the property; 1) an Upper Zone, from surface to approximately 400 ft characterized by moderate-grade lithium and boron, and 2) a Lower Zone, intersected between approximately 1500 ft and 2800 ft, characterised by high-grade lithium and Boron. The samples are all from Drill Hole BC2401C, which was drilled in 2024. The submitted samples are all claystones that were taken from the drill core between 1987.5 ft and 2767 ft, covering a vertical thickness of 779.5 ft. The hole was drilled vertically, and because the lower zone dips gently to the east, the vertical thickness is similar to true thickness. Often, but not always, forward looking information can be identified by words such as "could", "pro forma", "plans", "ex expects", "may", "will", "should", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", "bel believes", "pot potential" or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. The forward-looking statements contained herein include, but are not limited to, statements regarding: the performance of the Project and the results and assumptions of the PEA, including projected economics, production rates, mine life, capital costs, operating costs, internal rate of return, net present value, payback period, sensitivity analyses, and the potential for optimization of project economics and value enhancement opportunities; potential to recover rare earth elements as a by-product of the Project; the potential development of the Project, including future permitting, feasibility studies, and development activities; mineral resource estimates, the potential to convert inferred mineral resources to indicated or measured mineral resources, and future exploration activities with the potential to expand mineral resources; mining methods, production targets, and processing strategies; the impact of new tax provisions and regulatory changes; market conditions and commodity prices for lithium carbonate and boric acid, including sustained lithium demand and prices; and the Company's ability to finance the development of the Project. making the forward looking statements in this news release, Nevada Lithium has applied several material assumptions, including without limitation: sustained market fundamentals resulting in continued lithium and boron demand and favorable commodity price assumptions for lithium carbonate and boron demand and favourable commodity price assumptions for lithium carbonates and boric acid; the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of Bonnie Claire in a timely manner and Nevada Lithium's ability to comply with all applicable regulations and continued operation of the Project containing mineral resources and the accuracy of the Mineral Resource Estimate; the PEA and its underlying assumptions; the reliability of the PEA and its underlying assumption; the PEA and its overall assumptions; the PEA and its inherent assumptions; the successful application of the HBHM method; the HBHM method; metallurgical recovery rates of the HBHM method; met allurgical recovery rates of 85% for lithium and its underlying assumptions of the HBHM method; meetallurgical recovery rates of the PEA and the HBHM method; met Allurgical recovery rates of the HB HMHM method; metallurgical Recovery method; metallurgical recovery rate of the HBHM method; Metallurgical recovery rates of the HHM method; metallurgical recover rare earth elements; metallurgical recovery rates.