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Nevada Sunrise Files NI 43-101 Technical Report on Maiden Resource Estimate of 7.1 Million Tonnes LCE for its Gemini Lithium Project, Nevada
Nevada Sunrise Files NI 43-101 Technical Report on Maiden Resource Estimate of 7.1 Million Tonnes...
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n \n \n \n Nevada Sunrise Files NI 43-101 Technical Report on Maiden Resource Estimate of 7.1 Million Tonnes LCE for its Gemini Lithium Project, Nevada\n \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.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 12, 2024\n \n \n /CNW/ -\n \n Nevada Sunrise Metals Corporation\n \n (TSXV: NEV) (OTCBB: NVSGF)\n \n (\"Nevada Sunrise\" or the \"Company\")\n \n is pleased to announce that the Company has filed a National Instrument 43-101 (\"NI 43-101\") compliant technical report entitled \"NI 43-101 Technical Report, Resource Estimate for Gemini Lithium Project,\n \n Esmeralda County, Nevada\n \n \" (the \"Technical Report\"), effective\n \n January 15, 2024\n \n , and dated\n \n March 8, 2024\n \n , on SEDAR and on the Company's website.\n \n \n The Technical Report relates to an independent maiden resource estimate at the Gemini Lithium Project (\"Gemini\") completed by ABH Engineering Inc. (\"ABH\") of\n \n Surrey, BC\n \n ,\n \n Canada\n \n .  There are no material differences in the Inferred mineral resource reported in the Company's news release of\n \n \n \n January 23, 2024\n \n \n \n and that as described in the Technical Report.\n \n \n The resource estimate addresses the work performed by the Company at Gemini since ground exploration by Nevada Sunrise began in 2016, and particularly describes the results of the first five (5) drill holes completed in 2022-2023. The majority of the Gemini property remains untested by drilling and remains open in all directions and at depth. The Inferred resource estimate comprises, in an open pit-constrained resource:\n \n \n \n Approximately 1.3 million tonnes Lithium, or\n \n 7\n \n \n .1 million tonnes lithium carbonate equivalent (\"LCE\")\n \n contained within 1,200 million tonnes of lithium-mineralized clay at an average grade of approximately 1,130 parts per million (\"ppm\") Lithium;\n \n \n Lithium cut-off values of 400 ppm Lithium and density of 1.7 grams per cubic centim...