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Rover Metals (TSXV:ROVR) granted exploration drill permit for Nevada lithium project

Trevor Abes , The Market Online
0 Comments| April 19, 2023

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  • Rover Metals (ROVR) receives drill permit to further exploration at its Let’s Go Lithium Project in Nevada
  • The RC drill program will follow up on high-grade lithium surface samples taken on the project in 2022
  • Samples reach as high as 1,218 ppm Li
  • Rover is a North American junior mining company focused on zinc, lithium, copper, silver and gold
  • Rover Metals (ROVR) has traded between $0.08 and $0.11 per share this year

Rover Metals (ROVR) receives drill permit to further exploration at its Let’s Go Lithium Project in Nevada.

The Let’s Go Lithium Project is located on 6,000 acres of Bureau of Land Management (BLM) land within the southwest Nevada claystone lithium jurisdiction. It sits within a large basin of Tertiary lakebed sediments, which is the major host rock for other lithium claystone deposits in the jurisdiction, including Century Lithium’s Clayton Valley Project and American Lithium’s TLC Project. The project is also located just 12 km from the historic Franklin Wells hectorite (a rare lithium smectite mineral) deposit.

The BLM permit allows for up to 30 drill holes to a depth of up to 90 m per hole.

The RC drill program will follow up on high-grade lithium surface samples taken on the project in 2022. Highlights of these surface grab samples (ALS Laboratories) include 710 ppm Li, 780 ppm Li, and 910 ppm Li.

Rover’s additional surface grab samples analyzed with handheld laser induced breakdown spectroscopy include 1,218 ppm Li, 778 ppm Li, 724 ppm Li, and 707 ppm Li.

Management believes Let’s Go Lithium is a well-timed, low-cost exploration development project in an optimal area code. It is currently reviewing proposals from drilling companies for Let’s Go Lithium’s maiden drill program.

Rover is a North American junior mining company focused on the development of a claystone lithium project in southwest Nevada. It holds a diverse portfolio of zinc, lithium, copper, silver and gold development projects with varying exploration timelines.

Rover Metals (ROVR) has traded between $0.08 and $0.11 per share this year.

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