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Nevada Lithium Resources Inc C.NVLH

Alternate Symbol(s):  NVLHF

Nevada Lithium Resources Inc. is a Canada-based mineral exploration and development company. The Company is focused on its core asset, the Bonnie Claire Lithium Project, located in Nye County, Nevada, where it holds a 100% interest. The Bonnie Claire Lithium Project has approximately 915 placer claims and covers over an area of approximately 18,300 acres. It has a NI 43-101 inferred mineral resource of 3,407 million tons (Mt) grading 1,013 ppm Li for 18.372 million tons (Mt) of contained lithium carbonate equivalent (LCE), at a cut-off grade of 700 ppm Li2.


CSE:NVLH - Post by User

Post by partystockeron Dec 09, 2021 12:48pm
137 Views
Post# 34215038

$NVLH

$NVLH

Nevada Lithium $NVLH/$NVLH.C is heading into 2022 strong after closing its first tranche of funding after raising a total of $3.56 million.


$2 million of the proceeds will be used to secure a 35% ownership interest in the Bonnie Claire Lithium Project through payment to Iconic Minerals Ltd. From this point, $NVLH has an opportunity to buy into an additional 15% interest for a total of 50% ownership interest. 


There’s not too much to report regarding the price action of shares of $NVLH. This could be a good thing though. If shares can consolidate a bit while $NVLH secures more capital and a larger interest in their current projects, we could see further news on the Bonnie Claire Project act as a considerable catalyst. 


Shares of $NVLH are currently trading at $.485 and the company is valued at $23.54 million.

 
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