Nevada Lithium Resources Inc V.NVLH

Alternate Symbol(s): NVLHF

Metals & Mining Industrial Metals & Minerals

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 an area of 18,300 acres. The Claire deposit has been divided into two Zones; a Lower Zone (mineralization hosted by Lower Claystone and Lower Sandstone units) and an Upper Zone (mineralization hosted by an Upper Claystone unit). Its high-grade zone of Lithium and Boron in the Lower Zone is open in three directions.

TSXV:NVLH - Post by User

Nevada Lithium Resources Inc

<< Previous

Bullboard Posts

Next >>

(27)
•••

Post by MuttleyKnowson Nov 21, 2022 12:29am

265 Views

Post# 35114477

Bonnie Claire PEA Released

The PEA has just been released. Looks good. The economics work for this project. USD1.5 billion NPV.

Results for the Project are:
• Average annual production of 32.3 million kilograms (kg) (or 32,300 tonnes) of lithium carbonate equivalent (LCE)
• Cash operating cost of $5,974/tonne LCE
• All-in sustaining cost of $6,057/tonne LCE
• A $1.5 billion after-tax Net Present Value (NPV) at an 8% discount rate
• A 23.8% after-tax Internal Rate of Return (IRR)
• Payback period of 6.7 years
• Break-even price (0% IRR) of $6,545/tonne LCE

Here is the link:

Preliminary Economic Assessment NI 43-101 Technical Report (iconicminerals.com)

<< Previous

Bullboard Posts

Next >>

1,000 tanks for NATO - another 150% with armaments and gold? Rheinmetall, Dryden Gold, Hensoldt, and RENK in focus