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Nevada Sunrise Metals Corp V.NEV

Alternate Symbol(s):  NVSGF

Nevada Sunrise Metals Corporation (Nevada Sunrise) is a junior mineral exploration company. The Company holds interests in lithium and copper exploration projects located in the State of Nevada, United States of America. Nevada Sunrise owns 100% interests in the Gemini, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda County, Nevada and the Pelican lithium project in Saskatchewan, Canada. The Gemini Lithium Project (Gemini) consists of 353 unpatented lode and placer claims totaling 7,060 acres and located in the Lida Valley approximately 10 kilometers east of the town of Lida, Nevada. The Company's Jackson Wash Lithium Project consists of over 49 unpatented placer claims totaling approximately 397 hectares and is located in the Lida Valley on the east side of the Montezuma Range. It has the right to earn a 100% interest in the Coronado Copper Project, located approximately 48 kilometers southeast of Winnemucca, Nevada.


TSXV:NEV - Post by User

Post by AtoZsportson Jan 26, 2024 12:31pm
162 Views
Post# 35847256

A LOT OF LITHIUM BUT AT DEPTH

A LOT OF LITHIUM BUT AT DEPTHI am by no means an expert, but I do read a lot of drill results and do invest in the mining space. One concern is the depth at which NS is hitting its lithium. It appears as they have a boatload of overburden. The companies in the Clayton Valley area are hitting right at surface. This Lida Valley area appears to have much deeper deposits. This could be a problem. However I did see that they are working with a company in Reno that has a patented process of using CO2  to do an in-situ type of extraction. Now if that somehow/someway proves to work. That would be a historic moment in lithium mining. If this works on any sort of commercial level it would be an absolute game changer. I am thinking about putting on a position of risk capital and just sitting back and seeing if this somehow works. Because if it does. 100X from here is not a crazy idea. Worth a flyer of a few thousand dollars to get 50K-60K shares amd then just wait and see what happens. Time will tell
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