OTC-QB:NVLHF

Nevada Lithium Appoints Jeff Wilson as Vice President of Exploration, Darren L. Smith to Transition to Senior Technical Advisor

Retrieved on: 
Monday, April 3, 2023

Concurrently, Darren L. Smith, M.Sc, P.Geo, the Company's current Vice-President of Exploration, will transition into the role of Senior Technical Advisor to the Company.

Key Points: 
  • Concurrently, Darren L. Smith, M.Sc, P.Geo, the Company's current Vice-President of Exploration, will transition into the role of Senior Technical Advisor to the Company.
  • Stephen Rentschler, CEO of Nevada Lithium commented, "We are thrilled that Jeff Wilson, a current Director of Nevada Lithium, will be assuming a management role at the Company as Vice President of Exploration.
  • Jeff earned his PhD in Geology at Kingston University, England, and is a peer-reviewed author of multiple academic papers in international journals."
  • Darren is currently Vice President of Exploration for Patriot Battery Metals Inc., and Director and Vice President of Exploration for Ophir Gold Corp.

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.

Nevada Lithium Announces $3.25 Million Financing

Retrieved on: 
Monday, January 23, 2023

Pursuant to the Concurrent Financing, Nevada Lithium will complete a non-brokered private placement offerings of subscription receipts of Nevada Lithium and 1396483 B.C.

Key Points: 
  • Pursuant to the Concurrent Financing, Nevada Lithium will complete a non-brokered private placement offerings of subscription receipts of Nevada Lithium and 1396483 B.C.
  • Immediately prior to the completion of the Transaction, (i) each subscription receipt of Nevada Lithium will be converted into one unit ("Nevada Lithium Units"), consisting of one common share of Nevada Lithium (a "Nevada Share") and one-half of one share purchase warrant of Nevada Lithium; and (ii) each subscription receipt of Nevada MergeCo shall be converted into one unit ("Nevada MergeCo Units"), consisting of one common share of Nevada MergeCo (a "Nevada MergeCo Share") and one-half of one share purchase warrant of Nevada MergeCo.
  • Upon completion of the Transaction, each Nevada MergeCo Share and each share purchase warrant of Nevada MergeCo will be exchanged on a one-for-one basis for, respectively, Nevada Shares and share purchase warrants of Nevada Lithium.
  • As part of the Concurrent Financing, Nevada Lithium will sell non-convertible promissory notes in the principal amount of up to $325,000, and it is anticipated that the noteholders will agree with Nevada Lithium to convert the aggregate principal and accrued interest into Nevada Lithium Units or Nevada MergeCo Units upon closing of the Transaction.

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".

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.

Highest Lithium Grades to Date Returned in First Core Hole of 2022 Drill Program at the Bonnie Claire Lithium Project, Nevada

Retrieved on: 
Thursday, September 29, 2022

Drill hole BC2201C is the deepest core hole (vertical orientation, PQ & HQ) to be completed on the Property to date, extending to a depth of 2,001 ft (core length).

Key Points: 
  • Drill hole BC2201C is the deepest core hole (vertical orientation, PQ & HQ) to be completed on the Property to date, extending to a depth of 2,001 ft (core length).
  • The core assay results, presented in Table 1, demonstrate the potential for Bonnie Claire to host high-grade intervals at shallow and deeper depth in the basin.
  • This interval also corresponded to the highest grades of lithium in the hole.
  • We firmly believe that Bonnie Claire is one of the most attractive global lithium assets remaining in junior developers' hands".

2022 Drilling Program Update on Bonnie Claire Lithium Project, Nevada

Retrieved on: 
Friday, September 16, 2022

Nevada Lithium CEO, Stephen Rentschler, comments: "We are pleased to report that our 50% partner, Iconic, who is operator of our initial joint work program, has provided an update on the Bonnie Claire Lithium Project 2022 drilling program.

Key Points: 
  • Nevada Lithium CEO, Stephen Rentschler, comments: "We are pleased to report that our 50% partner, Iconic, who is operator of our initial joint work program, has provided an update on the Bonnie Claire Lithium Project 2022 drilling program.
  • We firmly believe that Bonnie Claire is one of the most attractive global lithium assets remaining in junior developers' hands."
  • 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.

Initial Drill Hole of 2022 Completed at the Bonnie Claire Lithium Project, Nevada

Retrieved on: 
Thursday, July 21, 2022

Nevada Lithium CEO, Stephen Rentschler, comments: "We are pleased to report that our 50% partner, Iconic, who is operator of our initial joint work program, has advised us of the completion of the first drill hole of 2022.

Key Points: 
  • Nevada Lithium CEO, Stephen Rentschler, comments: "We are pleased to report that our 50% partner, Iconic, who is operator of our initial joint work program, has advised us of the completion of the first drill hole of 2022.
  • We firmly believe that Bonnie Claire is one of the most attractive global lithium assets remaining in junior developers' hands."
  • The Company is pleased to announce that it has completed the first drill hole (core) of the 2022 exploration program, hole BC2201C, with a final depth of 2001 feet (610 meters).
  • The first batch of 216 geochem samples, extracted from core hole BC2201C, has been sent to ALS in Reno, Nevada for analysis.

Nevada Lithium to Participate in Online PDAC 2022

Retrieved on: 
Thursday, June 23, 2022

VANCOUVER, BC, June 23, 2022 /PRNewswire/ - Nevada Lithium Resources Inc. (CSE: NVLH) (OTCQB: NVLHF) (FSE: 87K) ("Nevada Lithium" or the "Company") is pleased to announce that it will be participating in the Online PDAC 2022 event on Tuesday, June 28th and Wednesday, June 29th, 2022.

Key Points: 
  • VANCOUVER, BC, June 23, 2022 /PRNewswire/ - Nevada Lithium Resources Inc. (CSE: NVLH) (OTCQB: NVLHF) (FSE: 87K) ("Nevada Lithium" or the "Company") is pleased to announce that it will be participating in the Online PDAC 2022 event on Tuesday, June 28th and Wednesday, June 29th, 2022.
  • Nevada Lithium CEO, Stephen Rentschler, comments: "We are pleased to host an online booth at the PDAC 2022 event and hope you will be able to visit.
  • Interested in attending the Online PDAC 2022 event?
  • Subscribe to updates about Nevada Lithium Resources here: https://www.nvlithium.com/
    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.

Plan of Operation for Bonnie Claire Lithium Project Declared Complete by BLM

Retrieved on: 
Wednesday, May 4, 2022

We firmly believe that Bonnie Claire is one of the most attractive global lithium assets remaining in junior developers' hands."

Key Points: 
  • We firmly believe that Bonnie Claire is one of the most attractive global lithium assets remaining in junior developers' hands."
  • BLM resource specialists have reviewed all the baseline environmental studies for the PoO and have deemed them acceptable.
  • Nevada Lithium is also pleased to announce that Iconic, as operator of the initial joint venture work program, has initiated the 2022 exploration program at Bonnie Claire.
  • These forward-looking statements include, but are not limited to, the proposed exploration program and development of the Bonnie Claire Project, and advancement of the Bonnie Claire Project to pre-feasibility.