Bonnie Claire, Nevada

Nevada Lithium Updates 2023 Exploration Program Progress at 100% Owned Bonnie Claire Lithium Project, Nevada, USA

Retrieved on: 
Wednesday, August 9, 2023

Vancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - Nevada Lithium Resources Inc. (CSE: NVLH) (OTCQB: NVLHF) (FSE: 87K) ("Nevada Lithium" or the "Company") is pleased to provide an update on the 2023 mineral exploration and development work on its 100% owned Bonnie Claire Lithium Project (the "Project" or "Bonnie Claire"), located in Nye County, Nevada.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 9, 2023) - Nevada Lithium Resources Inc. (CSE: NVLH) (OTCQB: NVLHF) (FSE: 87K) ("Nevada Lithium" or the "Company") is pleased to provide an update on the 2023 mineral exploration and development work on its 100% owned Bonnie Claire Lithium Project (the "Project" or "Bonnie Claire"), located in Nye County, Nevada.
  • The work program is designed to support a Pre-Feasibility Study (PFS), building upon the Company's 2022 NI 43-101 Preliminary Economic Assessment (as defined below) for Bonnie Claire.
  • Nevada Lithium CEO, Stephen Rentschler, comments: "Following the success of our recently completed financings, we are excited to provide an update on the 2023 work program.
  • The Company had previously contracted Barr Engineering Company of Minneapolis to design and execute a demonstration test program for borehole mining at Bonnie Claire.

Nevada Lithium Completes Acquisition of 100% Ownership of Bonnie Claire Lithium Project, Nevada USA with Robust PEA Economics of USD $1.5 Billion NPV (After Tax) and Receives Proceeds from $11.3M Concurrent Financings

Retrieved on: 
Monday, July 10, 2023

Upon completion of the Arrangement, Nevada Lithium now holds a 100% interest in the Bonnie Claire Project.

Key Points: 
  • Upon completion of the Arrangement, Nevada Lithium now holds a 100% interest in the Bonnie Claire Project.
  • Nevada Lithium is currently engaged in Pre-Feasibility Study work, as well as strategic dialog with lithium end-users.
  • Richard Kern, President/CEO of Ionic and Chief Operating Officer and director of Nevada Lithium, added: "The Bonnie Claire lithium deposit has developed into a resource of potential global significance with its size, grade and location in Nevada, USA.
  • Dr. Wilson is independent of Iconic but is not independent of Nevada Lithium, as he is a director and Vice President of Exploration for Nevada Lithium.

Nevada Lithium and Iconic Minerals Enter into Arrangement Agreement to Consolidate 100% Ownership Interest In the Bonnie Claire Lithium Property, Nevada

Retrieved on: 
Monday, March 27, 2023

After the closing of the Arrangement, Nevada Lithium will hold a 100% interest in the Project.

Key Points: 
  • After the closing of the Arrangement, Nevada Lithium will hold a 100% interest in the Project.
  • Stephen Rentschler, Nevada Lithium's CEO, commented, "We are pleased to announce the signing of the Arrangement Agreement with Iconic for the Bonnie Claire Project.
  • The Arrangement Agreement also provides for a payment of a termination fee of $500,000 payable by Iconic or Nevada Lithium to the other in certain circumstances.
  • Upon completion of the Arrangement, each Nevada Lithium FinCo Share and each Nevada Lithium FinCo Warrant will be exchanged on a one-for-one basis for, respectively, Nevada Lithium Shares and Nevada Lithium Warrants.

Battery Grade Lithium Carbonate Produced From Bonnie Claire Lithium Deposit, Nevada

Retrieved on: 
Monday, February 27, 2023

The Bonnie Claire Project is located in Nye County, Nevada, and hosts one of the largest lithium resources in North America.

Key Points: 
  • The Bonnie Claire Project is located in Nye County, Nevada, and hosts one of the largest lithium resources in North America.
  • Stephen Rentschler, CEO of Nevada Lithium Resources, comments: "We are pleased to report the achievement of an incredibly important milestone in the development of Bonnie Claire – the production of marketable battery-grade lithium carbonate.
  • This lithium carbonate meets or exceeds the technical specifications on the product sales sheets of two of the world's premier lithium carbonate producers.
  • Our strategy has been to prove as early as possible that Bonnie Claire could produce a useable lithium component for battery manufacturing.

InvestmentPitch Media Video Discusses Victory Battery Metals and its Lithium Properties in Quebec and Nevada

Retrieved on: 
Thursday, February 9, 2023

VANCOUVER, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Victory Battery Metals Corp. (CSE:VR) (FWB:VR6) (OTCPink:VRCFF), a junior international mining corporation with several projects in North America, has provided an update on its key lithium properties in Quebec and Nevada.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Victory Battery Metals Corp. (CSE:VR) (FWB:VR6) (OTCPink:VRCFF), a junior international mining corporation with several projects in North America, has provided an update on its key lithium properties in Quebec and Nevada.
  • The company’s Stingray properties comprise 67 non-contiguous claims in the highly prospective James Bay Lithium District, adjacent to Patriot Battery Metals flagship Corvette property.
  • If the link is not available, please visit www.InvestmentPitch.com and enter “Victory” in the search box.
  • Management cautions that mineralization found on the Corvette property may not be indicative of mineralization on its Stingray properties.

Iconic Minerals and Nevada Lithium Enter into Letter of Intent to Consolidate 100% Ownership Interest in the Bonnie Claire Lithium Property, Nevada

Retrieved on: 
Monday, January 9, 2023

Nevada Lithium CEO, Stephen Rentschler, commented: "We are pleased to announce the signing of the LOI with Iconic for the Bonnie Claire Property.

Key Points: 
  • Nevada Lithium CEO, Stephen Rentschler, commented: "We are pleased to announce the signing of the LOI with Iconic for the Bonnie Claire Property.
  • With 100% consolidated ownership, the company's ability to negotiate with strategic investors and lithium end-users will be significantly enhanced.
  • Mr. Rentschler continued, "Lithium remains a key commodity component of electric vehicles, and recent lithium prices reflect the outlook for persistent lithium supply deficits.
  • I look forward to continuing to work with Richard and welcome Iconic shareholders to Nevada Lithium".

Nevada Lithium Resources Inc. - 1,882 ppm Li over 980 ft Returned in Drill Core at the Bonnie Claire Lithium Project, Nevada

Retrieved on: 
Tuesday, December 20, 2022

VANCOUVER, BC, Dec. 20, 2022 /PRNewswire/ - Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) ("Nevada Lithium" or the "Company") and its 50% partner in the Bonnie Claire Lithium Project (the 'Project' or 'Property'), Iconic Minerals Ltd. (TSX-V: ICM; OTCQB: BVTEF; FSE: YQGB) ("Iconic"), are pleased to provide core assay results for an additional two drill holes completed at the Property, located in Nye County, Nevada.

Key Points: 
  • VANCOUVER, BC, Dec. 20, 2022 /PRNewswire/ - Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) ("Nevada Lithium" or the "Company") and its 50% partner in the Bonnie Claire Lithium Project (the 'Project' or 'Property'), Iconic Minerals Ltd. (TSX-V: ICM; OTCQB: BVTEF; FSE: YQGB) ("Iconic"), are pleased to provide core assay results for an additional two drill holes completed at the Property, located in Nye County, Nevada.
  • Sample assays are announced herein for two (2) additional core holes completed at Bonnie Claire – BC2202C and BC2204C – with preliminary1 results presented in Table 1.

Nevada Lithium Resources Inc. - Further High Grades of Lithium Returned in Drill Core at the Bonnie Claire Lithium Project, Nevada


Core sample assays are announced herein for an additional core hole completed at Bonnie Claire BC2203C with preliminary1 results presented in Table 1.

Key Points: 
  • Core sample assays are announced herein for an additional core hole completed at Bonnie Claire BC2203C with preliminary1 results presented in Table 1.
  • Nevada Lithium CEO, Stephen Rentschler, commented: "The core drilling this year at Bonnie Claire continues to demonstrate that high grades of lithium are present, both near surface and at depth.
  • Drill hole BC2203C was sampled from top to bottom with samples shipped to ALS USA Inc. in Reno, Nevada, for geochemical analysis.
  • About Nevada Lithium Resources Inc.
    Nevada Lithium Resources Inc. 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 currently holds a 50% interest.

Bureau of Land Management Approves Exploration Plan of Operations for the Bonnie Claire Lithium Project, Nevada

Retrieved on: 
Wednesday, November 23, 2022

Nevada Lithium CEO, Stephen Rentschler, commented: "We are pleased to report that our 50% partner, Iconic, who is operator of our initial joint work program, has advised us of our Plan of Operations approval for Bonnie Claire.

Key Points: 
  • Nevada Lithium CEO, Stephen Rentschler, commented: "We are pleased to report that our 50% partner, Iconic, who is operator of our initial joint work program, has advised us of our Plan of Operations approval for Bonnie Claire.
  • The newly permitted exploration area covers 4,146 acres (16.78 square kilometers), of which, 3,271 acres (13.24 square kilometers) are salt playa.
  • About Nevada Lithium Resources Inc.
    Nevada Lithium Resources Inc. 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 currently holds a 50% interest.
  • These forward-looking statements include, but are not limited to, the proposed exploration program, development of the Bonnie Claire Project, and advancement of the Bonnie Claire Project to pre-feasibility.

Scotch Creek Completes Geophysical Program on Its Miranda Lithium Project in Nevada

Retrieved on: 
Wednesday, October 12, 2022

These recent neighboring discoveries occurred 10 kilometers south of the Miranda project, as well as in Clayton valley just 15 kilometers west.

Key Points: 
  • These recent neighboring discoveries occurred 10 kilometers south of the Miranda project, as well as in Clayton valley just 15 kilometers west.
  • Now that we have completed the geophysical work program, the next step is to thoroughly review the data and outline several potential lithium drill targets on Miranda."
  • Scotch Creek's Miranda lithium brine project lies within the south-central portion of a world-class lithium brine and claystone belt.
  • This lithium belt extends from the North Tonopah lithium claystone deposits over 100 km south to the Bonnie Claire lithium brine and claystone project.