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Nevada Sunrise receives drill permit for Neptune lithium property in Clayton Valley, Nevada
Nevada Sunrise receives drill permit for Neptune lithium property in Clayton Valley, Nevad...
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n\n\n\nNevada Sunrise receives drill permit for Neptune lithium 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 receives drill permit for Neptune lithium property in Clayton Valley, Nevada\nCanada NewsWire\nVANCOUVER, Jan. 4, 2016\n\n\n\n\n\n\nVANCOUVER, Jan. 4, 2016 /CNW/ - Nevada Sunrise Gold Corporation (\"Nevada Sunrise\" or the \"Company\") (TSXV: NEV) is pleased to announce it has received a drilling permit from the U.S. Bureau of Land Management (the \"BLM\") to explore for lithium brines on the Neptune property (\"Neptune\", or the \"Property\") located in the Clayton Valley of Nevada, USA. \n\nThe BLM has approved 10 exploration drill hole locations at Neptune, and Nevada Sunrise plans to drill 3 to 4 vertical holes as an initial phase, each up to 400 to 500 metres deep into an interpreted sub-basin, with follow-up drilling if warranted. There are no known drill tests for lithium brines within the targeted Neptune sub-basin. The Neptune drill program is proposed to begin in February 2016. \n\nAbout NeptuneNeptune consists of 316 unpatented 20-acre placer claims totaling approximately 6,320 acres (2,557 hectares) and is located approximately 37 miles (55 kilometres) southwest of Tonopah, Nevada in an active area of lithium exploration and mining. The Silver Peak lithium mine operation, acquired by Albemarle Corporation (NYSE: ALB) in 2015, has extracted lithium minerals from brines continuously since 1966 and is located approximately 10 miles (15 kilometres) to the north of Neptune. \n\nNevada Sunrise has acquired geophysical data collected in 2011 by a previous landholder, which has been interpreted to indicate Neptune hosts a sub-basin up to 1,200 metres (3,630 feet) deep with the potential to host lithium-bearing brines in subterranean aquifers. For further information on Neptune including a map showing its location and planned drill holes please visit \"Projects – Nevada Lithium\" at: http://www.nevadasunrise.ca/projects/nevadalithium/\n\nNevada Sunrise has an option to earn a 100% interest in Neptune,...