Eureka Resources Discovers Conductive Zones at Gemini Lithium Project

Eureka Resources Inc. (TSXV:EUK) and its joint venture partner, Nevada Sunrise Gold Corporation (TSXV:NEV) are pleased to announce that the companies have received the preliminary results from a time-domain electromagnetic survey carried out on the Gemini Lithium Project in Lida Valley, Nevada.
As quoted in the press release:

A reconnaissance moving-loop TDEM survey over Gemini West and Gemini East has detected conductive zones within the sub-basins defined by recent gravity surveys. The results gained from the TDEM survey are interpreted to be conductive brines at depth located well below the non-conductive alluvium (sediments) at surface.
A conductive layer 150–250 metres deep appears to cover most of Gemini West and Gemini East, and several isolated strong conductive zones were interpreted at depths from 400 to 600 metres. The conductive layers and zones are indicative of brine solutions in porous aquifers and traps within each sub-basin.

Eureka Resources President, Michael Sweatman, stated:

We are pleased that the ground survey has detected conductive layers coincident to the gravity lows that were previously located. Gemini appears to be a hidden gem and the next step is to drill into the conductive zones to determine the extent and lithium content of the interpreted brines