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Nevada Sunrise Provides Update on Nevada Lithium Projects
Nevada Sunrise Provides Update on Nevada Lithium Projects Nevada Sunrise Provides ...
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n\n\n\nNevada Sunrise Provides Update on Nevada Lithium Projects\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 Provides Update on Nevada Lithium Projects\nCanada NewsWire\nVANCOUVER, May 19, 2016\n\n\n\n\n\n\nTSXV: NEV\n\n\n\nVANCOUVER, May 19, 2016 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to provide an update on its six lithium exploration projects located in Esmeralda County, Nevada. Nevada Sunrise holds the rights to 8,980 acres in the Clayton Valley, 7,540 acres in the Lida Valley, and 2,882 acres in the Fish Lake Valley for total acreage under claim of 19,402 acres (7,852 hectares). Each of the Company's lithium projects host an interpreted sub-basin beneath the desert floor – such sub-basins can act as \"traps\" for subterranean aquifers that may contain lithium brines. For location and exploration maps of the Company's lithium projects, please visit \"Projects – Nevada Lithium\" at: http://www.nevadasunrise.ca/projects/nevadalithium/\n\nAquarius Project (\"Aquarius\")\n\n\n83 unpatented placer claims totaling 1,660 acres (672 hectares); \nLocated in the Clayton Valley, approximately 3 miles (5 kilometres) southwest of the Silver Peak Mine operated by Albemarle Corporation (NYSE: ALB), the only producing lithium mine in North America; \nNevada Sunrise owns a 100% interest in Aquarius with no applicable royalties; \nAquarius was staked in January 2016 following a review of the results of proprietary gravity surveys carried out by a geological team led by Dr. John Oldow of the University of Texas, Dallas, which outlined a strong gravity low indicative of a deep, faulted sub-basin; \nA follow-up time domain electromagnetic (\"TDEM\") survey carried out by Nevada Sunrise in March 2016 detected conductive horizons at depths ranging between 250 and 450 metres; \nNevada Sunrise plans to submit a permit application to the U.S. Bureau of Land Management (the \"BLM\") for a drill program to test for lithium brines at Aquarius.\nClayton Northeast Project (\"Clayton NE\") \n\n\n50 unp...