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Nevada Lithium Resources - 1,882 ppm Li over 980 ft Returned in Drill Core at the Bonnie Claire Lithium Project, Nevada
VANCOUVER, BC, Dec. 20, 2022 /CNW/ - Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) ("Nevada Lithium" or the "Company") and its 50% partner i
About this update from Nevada Lithium Resources, Inc.
[{"type":"text","content":" VANCOUVER, BC, Dec. 20, 2022 /CNW/ - Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) (\"Nevada Lithium\" or the \"Company\") and its 50% partner in the Bonnie Claire Lithium Project (the 'Project' or 'Property'), Iconic Minerals Ltd. (TSX-V: ICM; OTCQB: BVTEF; FSE: YQGB) (\"Iconic\"), are pleased to provide core assay results for an additional two drill holes completed at the Property, located in Nye County, Nevada. Sample assays are announced herein for two (2) additional core holes completed at Bonnie Claire – BC2202C and BC2204C – with preliminary1 results presented in Table 1. Table 1: Core assay1 summary for drill holes BC2202C and BC2204C Drill Hole From (ft) To (ft) Interval (ft) Li (ppm) Comments BC2202C 0 1,970 1,970 1,157 Entire hole Including 20 420 400 753 Near surface zone Including 980 1960 980 1,882 At depth zone Drill Hole From (ft) To (ft) Interval (ft) Li (ppm) Comments BC2204C 0 1,884 1,884 663 Entire hole Including 18 440 422 977 Near surface zone Including 820 1,440 620 1,043 At depth zone 1. Intervals presented are core length 2. A total of 9 ft in drill hole BC2202C and 15 ft in BC2204C were not sampled and therefore a 0 ppm Li value has been sued for these intervals to allow calculation of length weighted grade over width The lithium grades of these two drill holes – BC2202C and BC2204C – demonstrate a very similar lithology- and grade-depth profile as that of the previously reported core holes BC2201C and BC2203C (see news releases dated September 29th, and December 7th, 2022). Drill hole locations are presented in Figure 1. Each of the drill holes contains a strong lithium grade near-surface (~750 to 1,100 ppm Li) to a depth of approximately 380 ft to 450 ft, a low-grade central section, and a high-grade section at depth (~1,000 to 2,200 ppm Li) over an interval of approximately 650 to 1,000 ft, and ending in strong mineralization in some holes1. The mineralized intervals at depth include some individual sample grades exceeding 4,000 ppm Li, including wide and high-grade intervals highlighted by drill hole BC2203C with 3,201 ppm Li over 520 ft. Nevada Lithium CEO, Stephen Rentschler, commented: \"We have been excited by the results of the core drilling this year at Bonnie Claire. This dr...