Published: September 15, 2023 |

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Nevada Lithium Resources has commenced drilling at its 100 percent owned Bonnie Claire lithium project. The 2023 drill program is part of the overall work program designed to support a pre-feasibility study (PFS), building upon the company’s NI 43-101 preliminary economic assessment for Bonnie Claire.

“We are pleased to report that Major Drilling Group International, Inc. has advised us that the first core hole of the 2023 program is now underway at Bonnie Claire. Data from this drill program will play a pivotal role for completion of the company’s PFS. The data will also be used to optimize the company’s newly funded brine exploration program,” said Nevada Lithium’s CEO, Stephen Rentschler.

“This drilling program is additive to the ongoing metallurgical, geologic, and geophysical work now advancing the project,” added Rentschler.

The initial two holes of the current drill program will serve a dual function. First, they will better define the existing sediment hosted resource in support of the company’s PFS, and they will further the geologic understanding of the project.

The second function of these first two core holes is to support the company’s examination of the potential for lithium bearing brines at Bonnie Claire. Upon completion of each hole, geologic and downhole geophysical logging will be used to define potential permeable brine hosts for future exploration and testing.

Nevada Lithium Resources is a mineral exploration and development company focused on shareholder value creation through its core asset, the Bonnie Claire Lithium Project, located in Nye County, Nevada, where it holds a 100 percent interest.

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