Nevada Lithium’s recent drilling efforts at its Bonnie Claire lithium project in Nevada have yielded highly encouraging results, with the second core hole from the 2023 drill program intersecting a substantial high-grade lithium mineralized zone. According to CEO Stephen Rentschler, the 680-foot (207-meter) intercept represents the thickest +4,000 ppm lithium zone drilled to date, with an average grade of 4,154 ppm lithium.
This significant discovery not only confirms the presence of a high-grade mineralized zone exceeding +3,000 ppm lithium but also suggests the potential for further thickening toward the east. Notably, the mineralized zone remains open in multiple directions, indicating the possibility for further expansion.
While the five holes drilled through this mineralized zone are within the planned Pre-Feasibility Study (PFS) resource upgrade area, a substantial portion of the high-grade zone extends beyond the current resource limits. This development prompts Nevada Lithium to re-analyze its 2024 work plan to maximize the benefit of these latest assay results and potentially enhance the PFS.
The successful drilling results underscore the significant potential of the Bonnie Claire lithium project, positioning Nevada Lithium for further exploration and resource expansion efforts to capitalize on the identified high-grade mineralization.
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