Welcome to our dedicated page for Nevada Lithium R news (Ticker: NVLHF), a resource for investors and traders seeking the latest updates and insights on Nevada Lithium R stock.
Nevada Lithium Resources Inc. (OTCQB: NVLHF) generates news primarily through developments at its 100% owned Bonnie Claire Lithium Project in Nye County, Nevada. Company announcements highlight exploration results, technical studies, metallurgical milestones, and corporate transactions related to this large claystone-hosted lithium deposit.
News coverage includes updates on drill programs designed to support a Pre-Feasibility Study, with core holes testing both sediment-hosted lithium mineralization and the potential for lithium-bearing brines. Releases also describe progress on metallurgical work, such as the production of marketable battery-grade lithium carbonate from Bonnie Claire material and ongoing evaluation of lithium hydroxide and by-product recovery.
Investors following NVLHF can expect regular updates on resource and economic studies, including Preliminary Economic Assessment results prepared under NI 43-101 and subsequent work aimed at advancing the project. The company reports on permitting milestones, such as approval of its exploration Plan of Operations by the Bureau of Land Management, as well as environmental baseline studies that support continued project advancement.
Nevada Lithium’s news flow also covers corporate and financing events, including private placement financings and the completion of a plan of arrangement that consolidated 100% ownership of Bonnie Claire. Additional releases address policy-related commentary, such as the company’s submissions on electric vehicle tax credit implementation and the role of U.S. critical minerals.
This NVLHF news page brings together these updates so readers can track drilling results, metallurgical achievements, permitting progress, and corporate actions affecting Nevada Lithium and the Bonnie Claire Project.
Nevada Lithium Resources Inc. (CSE: NVLH, OTCQB: NVLHF) has submitted comments to the Department of Treasury regarding Section 30D Electric Vehicle tax credits under the Inflation Reduction Act. The Company estimates the critical mineral component of these tax credits to be worth $86 billion by 2030. It recommends investment substitution for US lithium projects, projecting a $6 billion investment could facilitate tax credit utilization while creating jobs. This proposal aims to address funding shortages and enhance the development of the US lithium industry.
Nevada Lithium Resources, in partnership with Iconic Minerals, is advancing its Bonnie Claire Lithium Project in Nye County, Nevada. The 2022 drilling program, with a budget of $5 million, aims to enhance data to support project development. Significant drilling activities have been reported, including core hole BC2201C, which reached a depth of 2001 feet, identifying lithium-rich claystone. The project boasts an inferred resource of 3.4 billion tonnes, grading 1,013 ppm lithium, totaling 18.37 million kilograms of lithium carbonate equivalent.
Nevada Lithium Resources Inc. (CSE: NVLH, OTCQB: NVLHF) announced its participation in the Online PDAC 2022 event on June 28 and June 29. CEO Stephen Rentschler expressed excitement about hosting an online booth where management will answer questions and conduct meetings. A key highlight is the Industry Showcase presentation on June 28 at 12:30 ET. The company emphasizes its strong asset, the Bonnie Claire Lithium Project, located in Nye County, Nevada, currently holding a 50% interest and advancing towards pre-feasibility.
Nevada Lithium Resources Inc. (CSE: NVLH, OTCQB: NVLHF) has announced the commencement of drilling at the Bonnie Claire Lithium Project in Nye County, Nevada. Partnering with Iconic Minerals, the drill program will consist of five holes, reaching depths of 2,000 feet. Core and mud/rotary samples will be sent for analysis, while one hole will be preserved as a water well for testing. The company aims to advance the project towards pre-feasibility, capitalizing on attractive investment metrics established in a recent Preliminary Economic Assessment.
Nevada Lithium Resources has announced that the Bureau of Land Management (BLM) has accepted the Plan of Operation (PoO) for the Bonnie Claire Lithium Project, allowing it to proceed to analysis under the National Environmental Policy Act (NEPA). The BLM found no significant environmental issues in preliminary studies. Additionally, Iconic Minerals has initiated the 2022 exploration program, including road improvements and preparations for drilling, expected to begin shortly. The project aims to advance toward Pre-Feasibility after successful delineation of resources.
Nevada Lithium Resources Inc. (CSE: NVLH, OTCQB: NVLHF) and partner Iconic Minerals Ltd. announce progress on the Bonnie Claire Lithium Project in Nevada. The 2022 program aims to de-risk the project, recently highlighted by a Preliminary Economic Assessment (PEA) showcasing lithium prices over 400% higher than the PEA's base case. Initial drilling will start soon, including core sampling to enhance mineral resource confidence. A metallurgy program is underway to support a Prefeasibility Study, while borehole mining tests are planned to minimize surface disturbance.
Nevada Lithium Resources Inc. (CSE: NVLH) has successfully completed its application process, allowing its shares to trade on the OTCQB Market under the symbol NVLHF. This strategic move aims to enhance investor access to the company, which focuses on unlocking shareholder value from its Bonnie Claire Lithium Project in Nevada. The company holds a 50% interest in this project, which has recently shown promising investment metrics through a Preliminary Economic Assessment.
Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF) will present its Bonnie Claire Lithium Project at an Amvest Capital Webinar on February 2, 2022, at 4:05 PM ET. CEO Stephen Rentschler will lead the presentation, discussing the project as a significant lithium asset. The company's recent Preliminary Economic Assessment indicates promising investment metrics, and they are moving towards Pre-Feasibility studies. Those interested can register online for the event, and an on-demand replay will be available afterward.
Nevada Lithium Resources Inc. (CSE: NVLH, OTCPK: NVLHF) has unveiled its 2022 work program for the Bonnie Claire Lithium Project in Nye County, Nevada. The $5M program, fully funded through Property earn-in payments, focuses on permitting, drilling, metallurgy, borehole mining, and hydrology to advance the project toward a Pre-Feasibility Study (PFS). CEO Stephen Rentschler highlighted the opportunity presented by current lithium prices and the project's value as indicated by a recent Preliminary Economic Assessment. Drilling is set to begin within 30 days.