USCM Samples up to 2,129 ppm Lithium Total of 53 samples taken with grades ranging from anomalous to 2,129 ppm Li.
Highest grade samples collected to date at McDermitt confirming strongly elevated Li grades within the system.
Project area is mostly covered by overburden allowing for shallowly concealed targets. Suggests the eastern margin of the caldera has been overlooked for lithium potential due to post-mineral cover.
Program has delineated a prospective area for further trenching and maiden drill program.
Project spans 6,508 acres of Bureau of Land Management claims with the majority of the claims unexplored for lithium potential.
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2024) - US Critical Metals Corp. (CSE: USCM) (OTCQB: USCMF) (FSE: 0IU0) ("USCM" or the "Company") is pleased to announce that it has completed further exploration activities at the McDermitt Project in Nevada (the "Project"). The Project is strategically located along the east margin of the McDermitt Caldera and approximately 19 kilometers from Lithium America's Thacker Pass Lithium Project, which is the largest known claystone lithium deposit(s) in the US with 3.7 million tonnes of lithium carbonate equivalent reserves at 3,160 ppm lithium1. USCM holds an options agreement with Live Energy Minerals Corp. ("LIVE"), a public British Columbia company listed on the Canadian Securities Exchange (the "CSE"), providing the Company with the option (the "Option") to acquire up to a 50% interest in the Project and a further option to acquire an additional 25% interest for an aggregate total of 75% interest in the Project. The figure below sets forth the location of the Project in relation to the Thacker Pass Lithium Project.
USCM Samples up to 2,129 ppm Lithium at McDermitt Lithium East Project (newsfilecorp.com)