Lithium Pioneers: Discovering Bonnie Claire's Subsurface Secrets

Investor webinar replay

Meeting Overview The meeting focused on updates regarding the seismic program at Bonnie Clare and the ongoing preliminary feasibility study (PFS) for lithium extraction. CEO Stephen Renschelet discussed the brine exploration efforts and the significance of the geological structures identified in previous surveys. Key Discussion Points - Introduction of the seismic program at Bonnie Clare aimed at identifying subsurface structures. - Update on the preliminary feasibility study (PFS) for lithium extraction, targeting completion by the end of next year. - Initiation of a brine exploration program, building on previous work and recent financing. - Explanation of the geological processes involved in brine formation and the expected depths for brine extraction. - Discussion of the drilling progress and the challenges associated with deeper drilling. - Importance of identifying structures for potential brine deposits and the relationship between sedimentary and brine exploration. Decisions...

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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 event hosted by 6. I'm pleased to introduce speaker for today, Stephen Renschelet, the CEO. [00:18] Speaker 1: Steve will walk us through the latest press release 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. [00:28] Speaker 1: As always the summit is being recorded and will be available to watch on six.com [00:33] Speaker 1: afterwards. [00:34] Speaker 1: 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. Appreciate everybody taking the time [00:43] Speaker 2: to listen to the presentation today. [00:46] Speaker 2: So we had a news release yesterday [00:48] Speaker 2: talking about a seismic program that has [00:52] Speaker 2: occurred or is starting to occur now at Bonnie Clare. It's a considerably sized 1. It's going to take a little bit of time to do, But what I wanted to do was take the opportunity to try to clarify [01:04] Speaker 2: some things that are going on at Bonnyclare, [01:07] Speaker 2: because we have multiple things that are going on. [01:10] Speaker 2: And [01:11] Speaker 2: 1 of the big things that is important to remember here is that we are on track [01:17] Speaker 2: to do our preliminary feasibility study [01:20] Speaker 2: that is predicated on a sedimentary deposit [01:23] Speaker 2: using a borehole mining method [01:25] Speaker 2: and depending upon weather or additional financing, all the types of things that typically come to play, [01:31] Speaker 2: that's on track basically [01:32] Speaker 2: for completion [01:33] Speaker ...