Additional High-Grade Lithium at Bonnie Claire - 2023 Exploration Update

Investor webinar replay

Meeting Overview The meeting focused on the recent high-grade diamond drill results from Nevada Lithium's Bonnie Clare project. CEO Stephen Rechler presented findings from the first drill hole of 2023, highlighting significant mineralization and discussing future drilling plans and geological implications. Key Discussion Points - Presentation of high-grade diamond drill results from the first drill hole of 2023. - Comparison of new assay results to previous resource estimates, indicating higher grades of lithium. - Overview of the geological context of the Bonnie Clare project, emphasizing its unique characteristics. - Discussion of the implications of the new findings for future drilling and resource estimation. - Consideration of potential underground mining options as drilling progresses. - Mention of the seismic shoot conducted over the property and its relevance to identifying brine structures. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassi...

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[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Hello everyone and welcome to the Nevada Lithium live events today, hosted by 6. I'm pleased to introduce the speaker for today, Stephen Rechler, the CEO. [00:18] Speaker 1: Steve will walk us through the latest release about the high-grade diamond drill results. And after that, we'll be accepting questions. As a reminder, you can submit your questions in the chat at any point during the presentation. [00:29] Speaker 1: And as always, this summit is being recorded and will be available to watch shortly afterwards. [00:34] Speaker 1: So without further ado, I'd like to hand things over to you, Steve, so that we can get started. [00:39] Speaker 2: That's super. Thanks, Max. I appreciate it. [00:41] Speaker 2: Thanks, everybody, for taking the time for a couple of minutes here so that I can tell you about what we announced to the market yesterday, which was clearly some very exciting news. [00:52] Speaker 2: So we've just completed the 1st drill hole for [00:56] Speaker 2: 2023, [00:58] Speaker 2: our 1st core drill hole, and gotten the assays back. [01:02] Speaker 2: They showed very, very wide intercepts of very high-grade mineralization. [01:08] Speaker 2: Just to give you a comparison, [01:11] Speaker 2: these are on the order of 2 and 3 times what our [01:14] Speaker 2: mean resource [01:15] Speaker 2: estimate [01:16] Speaker 2: had for grade. So instead of 1000 ppm, we have, you know, 1000 feet or more of 2000 ppm or 3000 feet of, [01:25] Speaker 2: you know, the same, same amount. [01:28] Speaker 2: The individual intercepts aren't as [01:30] Speaker 2: interesting or important to me, as it's just looking at the expanse of these. [01:35] Speaker 2: What I wanted to try to sort of ...