Nevada Sunrise gains drilling permits to explore lithium brines

25 July 2016 (Last Updated July 25th, 2016 18:30)

Canada-based Nevada Sunrise Gold has received drilling permits to explore lithium brines on the Clayton Northeast Project (Clayton NE) and the Gemini Project in the Esmeralda county, Nevada, US.

Canada-based Nevada Sunrise Gold has received drilling permits to explore lithium brines on the Clayton Northeast Project (Clayton NE) and the Gemini Project in the Esmeralda county, Nevada, US.

Up to six exploration drill hole locations have been approved at Clayton NE, with a further ten at Gemini by the US Bureau of Land Management (BLM).

At each project, the company plans to drill up to three to four vertical holes later this year as an initial test to depths ranging from 300m to 600m.

Clayton NE is located in the Clayton Valley adjacent to the eastern boundary of the Albemarle-operated Silver Peak lithium mine, comprising 50 unpatented placer claims totaling 405ha.

"Nevada’s Gemini property consists of 247 placer claims totalling 2,000ha."

A 1977 USGS drill hole (CV-5) located on Clayton was drilled 479ft deep and encountered lithium values in ground water ranging from 24 parts per million to 110ppm lithium.

Nevada’s Gemini property consists of 247 placer claims totalling 2,000ha and is located in the Lida Valley, 10km east of the town of Lida, Nevada.

Two separate TDEM surveys were performed this year over Gemini West and Gemini East.

Nevada Sunrise began acquisitions of lithium properties in the Clayton Valley area September last year, which include options to earn complete interests in the Neptune and Clayton Northeast projects, and also in the Aquarius Project.

The company has a 21% interest in a joint venture with Pilot Gold at Kinsley Mountain, a 100% interest in the Golden Arrow project near Tonopah and in the Roulette gold property in the south-eastern Carlin trend near Ely.