Energy & Critical Metals
Nevada Sunrise Intersects 1,412 ppm Lithium Over 439 Metres
Nevada Sunrise (TSXV: NEV) has confirmed further lithium mineralization at its Gemini Lithium project in Esmeralda County, Nevada. The latest
The post…
Nevada Sunrise (TSXV: NEV) has confirmed further lithium mineralization at its Gemini Lithium project in Esmeralda County, Nevada. The latest assays indicate that the battery metal has been collected in both sediment and groundwater samples from recent drilling.
The latest results come from hole GEM23-04, which is the deepest drill hole to date conducted at the project. Highlights from the results include:
- GEM23-04: 1,412 ppm lithium in sediments over 439.02 metres from a depth of 155.49 metres
- Including 3,556 ppm lithium over 33.54 metres
- Including 4,329 ppm lithium over 9.15 metres
- GEM23-04: 116.43 mg/L lithium over 42.68 metres from 365.85 metres
- GEM23-04: 199.64 mg/L over 30.49 metres from 542.68 metres
Drill hole GEM23-04 is said to have been drilled to a depth of 594.51 metres, with the drill hole terminating in lithium mineralization. The hole was drilled 1.17 kilometres to the southwest of GEM22-01, and 1.04 kilometres northwest of GEM22-02.
READ: Why Did Liontown Reject A $3.7-Billion Buyout Offer From Albemarle?
To date, lithium is said to have been encountered in each drillhole conducted under the current program, with drilling presently ongoing as the firm works to collect the data required to establish a lithium resource. The current goal of the program is to intersect wide intervals of lithium bearing sediment, and locate high concentrations of lithium-in-water that is coincident with significant groundwater flow rates.
Nevada Sunrise last traded at $0.18 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
The post Nevada Sunrise Intersects 1,412 ppm Lithium Over 439 Metres appeared first on the deep dive.
Uranium Exploration Company Announces Additional Staking in the Athabasca Basin
Source: Streetwise Reports 12/22/2023
Skyharbour Resources Ltd. announced an update from its Canada-based Falcon Project along with additional…
Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year
Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year
Tesla has launched a new mega factory…
Giving thanks and taking stock after “a remarkable year”
An end-of-year thank you to our readers, industry colleagues and advertisers before Electric Autonomy breaks from publishing until Jan. 2
The post Giving…