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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

Comment by IgnacioCashmereon Jan 27, 2024 1:00am
130 Views
Post# 35848308

RE:RE:A LOT OF LITHIUM BUT AT DEPTH

RE:RE:A LOT OF LITHIUM BUT AT DEPTHI found the AISC of Clayton Valley estimated at $4.08 USD. If we add $1 due to over burden stripping for ours, that's still reasonable. 0.1% Li is 2.2 pounds per ton, X $4.54 per pound = 9.99. At 90% recovery, that gives us $9 ton to work with at today's price. Even let's say we had $6 ton AISC due to depth, that's still a figure that can be worked with. If lithium or LCE should drop to $5k a ton, then there's problem going forward. I am not a believer we have reached the bottom of LCE spot prices. We have a large resource & a tiny market cap, plenty of ways to earn $ on this as an investor or trader. I am a trader of junior mining.
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