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Nevada Sunrise acquires Clayton NE property in Clayton Valley, Nevada
Nevada Sunrise acquires Clayton NE property in Clayton Valley, Nevada Nevada Sunri...
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n\n\n\nNevada Sunrise acquires Clayton NE property in Clayton Valley, Nevada\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nNevada Sunrise acquires Clayton NE property in Clayton Valley, Nevada\nCanada NewsWire\nVANCOUVER, Dec. 10, 2015\n\n\n\n\n\n\nTSXV: NEV\n\n\n\nVANCOUVER, Dec. 10, 2015 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to announce it has entered into a definitive agreement for an option to purchase a 100% interest in the Clayton Northeast lithium property (\"Clayton NE\"), located in the Clayton Valley in Esmeralda County, Nevada. \n\nClayton Northeast Property\n\nClayton NE totals approximately 684 acres (276 hectares) and is contiguous to the Silver Peak lithium mine (\"Silver Peak\") operated by Albemarle Corporation (ALB: NYSE). A Silver Peak lithium production well is located approximately 45 metres from the Clayton NE western boundary.\n\nIn the United States Geological Survey (\"USGS\") Open-File Report 82-415 (1982), it is reported that a historical drill hole (CV-5) is located on Clayton NE. Hole CV-5 was drilled to a depth of 479 feet (146 metres) and encountered lithium values in ground water ranging from 24 parts per million (\"ppm\") to 110 ppm lithium, averaging 69.3 ppm lithium for a group of 11 samples, and averaging 65.75 ppm lithium for another group of 12 samples, analyzed both in the laboratory and in the field. The historical drill hole was part of a 1977 regional drilling program carried out by the USGS.  Nevada Sunrise believes that drilling deeper holes at Clayton NE could intersect additional aquifers potentially hosting brines of similar or better contents of lithium than were encountered in the relatively shallow historical hole. \n\nFor information on Clayton NE including a map showing its location, see the Company's website under \"Projects-Nevada Lithium\" at: http://www.nevadasunrise.ca/projects/nevadalithium/\n\nDetails of the Option Agreement for Clayton NE For an option to purchase a 100% interest in Clayton NE, Nevada Sunrise has agreed to pay a total of 50...