Smith Creek, Nevada, USA
Nevada’s extinct super volcano providing a potentially large lithium brine deposits in a precinct to supply USA Lithium for the USA market.
Nevada (USA) is becoming a preferred place for investment into lithium projects and is considered highly prospective for potentially large lithium brine deposits
- Nevada (USA) is considered highly prospective for large lithium brine deposits
- Lithium of Nevada LON has an agreement to acquire 50% of the Smith Creek Lithium Project from Bonaventure Holdings Inc – a wholly owned subsidiary of Iconic Minerals Limited (TSXV: ICM) (ICM) by funding early exploration of Smith Creek
- Smith Creek is located in Nevada USA near main roads, infrastructure and only 2.5 hours from Tesla’s giga factory which is a major user of lithium
- Smith Creek is close to Silver Peak lithium mine producing over 5,000t of lithium carbonate-equivalent (LCE) a year and Clayton Valley Lithium Projects expected to produce over 10,000t of LCE a year with resources in excess of 1.5Mt of LCE
- Drilling the brine target (estimated depth of 600m to 900m) is planned to commence on completion of the IPO and listing on the ASX
- Massive tax benefits with Lithium a strategic mineral in the US
Basic geologic map of the Smith Creek Valley property and surrounding bedrock exposures.
