Nevada Lithium Resources Inc. is pleased to announce the commencement of a sonic drilling program across portions of its 100% owned Bonnie Claire lithium project . The drilling is part of the current work program that commenced in the summer of 2023 , advancing the Project towards an expected Pre-Feasibility Study in 2024. Nevada Lithium's CEO, Stephen Rentschler, comments: "Optionality is one of the greatest assets of [...]
Nevada Lithium Resources Inc. is pleased to announce that a new seismic reflection survey across portions of the 100% owned Bonnie Claire lithium project has commenced. The survey is part of the overall work program designed to support the investigation for potential lithium brines within strata at Bonnie Claire. Nevada Lithium's CEO, Stephen Rentschler, comments: "We are pleased to report that Hasbrouck Geophysics, Inc [...]
Nevada Lithium Resources Inc. is pleased to announce that drilling of the 100% owned Bonnie Claire lithium project has commenced. The 2023 drill program is part of the overall work program designed to support a Pre-Feasibility Study , building upon the Company's NI 43-101 Preliminary Economic Assessment for Bonnie Claire. The PEA indicates a Net Present Value of $1.5 Billion USD and 23.8% IRR using a $13,400 USD per tonne [...]
Nevada Lithium Resources Inc. is pleased to provide an update on the 2023 mineral exploration and development work on its 100% owned Bonnie Claire Lithium Project , located in Nye County, Nevada. The work program is designed to support a Pre-Feasibility Study , building upon the Company's 2022 NI 43-101 Preliminary Economic Assessment for Bonnie Claire. The PEA indicates a Net Present Value of $1.5 Billion USD and 23.8 [...]
Nevada Lithium Resources Inc. and Iconic Minerals Ltd. are pleased to announce that they have completed the previously announced plan of arrangement under the Business Corporations Act, whereby Nevada Lithium acquired Iconic's 50% interest in the Bonnie Claire lithium project located in Nye County. Upon completion of the Arrangement, Nevada Lithium now holds a 100% interest in the Bonnie Claire Project. In connection with [...]
June 20, 2023 /CNW/ - Nevada Lithium Resources Inc. is pleased to announce that it has closed a non-brokered private placement offering of 41,333,333 Subscription Receipts at a price of $0.15 per Subscription Receipt for aggregate gross proceeds of $6,200,000 . The Offering included a strategic lead investment by SF Investments I BV , an entity owned by Mr. Marcel Boekhoorn. Mr. Boekhoorn is a Dutch entrepreneur [...]
Nevada Lithium Resources Inc. is pleased to announce that, at the special meeting of the Company's shareholders held on June 7, 2023 , the Shareholders overwhelmingly approved: setting of the number of directors of the Company at five ; and electing a new board of directors , subject to and effective upon completion of the plan of arrangement involving Nevada Lithium, Iconic Minerals Ltd. and certain of their respective [...]
Nevada Lithium Resources Inc. is pleased to announce that the Company has appointed Jeff Wilson, PhD, P.Geo, and Director, as Vice-President of Exploration for the Company, effective May 1st, 2023. Concurrently, Darren L. Smith, M.Sc, P.Geo, the Company's current Vice-President of Exploration, will transition into the role of Senior Technical Advisor to the Company. Stephen Rentschler, CEO of Nevada Lithium commented, "We [...]
Nevada Lithium Resources and Iconic Minerals are pleased to announce the production of marketable battery-grade lithium carbonate from Bonnie Claire Deposit material. The Bonnie Claire Project, and hosts one of the largest lithium resources in North America. Stephen Rentschler, CEO of Nevada Lithium Resources, comments: "We are pleased to report the achievement of an incredibly important milestone in the development of [...]
Nevada Lithium Resources is pleased to announce that today it closed its non-brokered private placement offering of 38,530,000 Subscription Receipts (as defined below) at a price of $0.125 per Subscription Receipt for aggregate gross proceeds of $5,120,998. Stephen Rentschler, CEO of Nevada Lithium stated, "We are very grateful for the overwhelming demand on this offering which included strong support from existing [...]
Nevada Lithium Resources is pleased to announce a proposed non-brokered private placement offering of subscription receipts for gross proceeds of a minimum of $3,250,000 with an over-allotment option to increase the private placement offering up to $5,000,000. The Concurrent Financing is being undertaken in connection with the Company's previously announced consolidation of 100% ownership interest of the Bonnie Claire [...]
Iconic Minerals and Nevada Lithium Resources are pleased to announce that they have entered into a letter of intent dated January 6, 2023, whereby Nevada Lithium and Iconic would consolidate 100% interest in the Bonnie Claire Lithium project, whereby Nevada Lithium would hold a 100% interest in the Project. The Proposed Transaction has the unanimous support of each company's board of directors. Nevada Lithium CEO, Stephen [...]
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