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Century Lithium Corp V.LCE

Alternate Symbol(s):  CYDVF

Century Lithium Corp. is a Canada-based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, United States. The Company is engaged principally in the acquisition, exploration, and development of its mineral properties. The Company is in the pilot stage of testing on material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada. It is focused on being a domestic producer of lithium for the electric vehicle and battery storage market. The Clayton Valley Lithium Project is located in Esmeralda County, in west-central Nevada, United States, immediately east of Albemarle’s Silver Peak mine.


TSXV:LCE - Post by User

Bullboard Posts
Comment by wesdevrieson Apr 24, 2006 6:02pm
345 Views
Post# 10737241

RE: why did they only drill

RE: why did they only drillA number of reasons, firstly; rig utilization is 100%, when and if deeper rigs are available, they are scooped the minute they are available. Secondly, a short drilling program due to late start (ice melts). The initial drill program models zones of interest and extracts huge amounts of information as to secondary drill target placements. Since gold was found in all five holes at shallow depths showing expanse of property, that is a huge indicator and confirms geology compared to our neighbors. Management knows where the gold is, rest assured! It did not stop on our border when neighbors on two sides confirm larger deposits. Shareholder confidence is shaken at times due to NR expectations and where patience is not a virtue, longs will be rewarded! BILLMINER could probably shed some more light as to drilling logistics for you possibly! Wes (where are you BILLMINER?)
Bullboard Posts