Post by
Stock7777 on Feb 12, 2024 10:55am
LITHIUM NEWS 7.1 million tonnes lithium
Big news, Approximately 1.3 million tonnes Lithium, or 7.1 million tonnes lithium carbonate equivalent (“LCE”) contained within 1,200 million tonnes of lithium-mineralized clay at an average grade of approximately 1,130 parts per million (“ppm”) Lithium;
Lithium cut-off values of 400 ppm Lithium and density of 1.7 grams per cubic centimetre (“gm/cm3”) were used. Only 15% of the property drilled on five holes.
Model constraints: Faults 3 and 4 (see Figure 1); a conceptualized 24 degree pit-slope, modelled from property boundaries, using a benchmark 24 degree pit-slope from several other Nevada lithium clay deposits.
TSXV: NEV, OTC: NVSGF.