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 reports mineral exploration and development updates centered on its 100% owned Bonnie Claire Lithium Project in Nye County, Nevada. Recurring announcements cover drilling programs, NI 43-101 technical work, preliminary economic assessment references, metallurgical testing, brine exploration concepts, and studies of lithium-bearing clay mineralization.
Company updates also address potential recovery of additional critical minerals from Bonnie Claire, including boron, cesium, rubidium, and rare earth elements. Technical news has discussed ion exchange recovery work, mineralogical analysis of illite in high-grade zones, and review of hydraulic borehole mining as a possible method for accessing deeper mineralization.
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.