Nevada Sunrise And Advantage Lithium Intersect 109.7 Metres Averaging 202.8 PPM Lithium In Brines At Clayton Northeast Project

December 5, 2016, Vancouver, British Columbia – Nevada Sunrise (TSXV:NEV)  and its exploration partner, Advantage Lithium Corp. (TSXV:AAL) are pleased to announce lithium-bearing brines have been intersected in the second borehole of the 2016 drilling program at the Clayton Northeast lithium brine project in the Clayton Valley, Nevada (“Clayton NE”, or the “Project”). This follows successful results from the first borehole (see Nevada Sunrise news release dated Nov 1, 2016). Clayton NE borders the Silver Peak mine operated by Albemarle Corporation (“Albemarle”) (NYSE: ALB), North America’s only producing lithium mine. Of particular note, hole CNE-16-02, has intersected multiple aquifer formations, including 188.9 metres of brine-producing strata averaging 164.2 parts per million (“ppm”) lithium from a depth of 207.3 to 396.2 metres, including a higher grade interval averaging 202.8 ppm lithium over 109.7 metres. Hole CNE-16-03, which is still in progress, has also encountered strong brines ranging up to 138,000 ppm total dissolved solids (“TDS”), with analyses to follow. In addition, an additional 80 acres of contiguous land was staked in November 2016 to the southwest at Clayton NE, bringing the total land package to 1,080 acres (437 hectares)
“Our second borehole at Clayton NE has exceeded expectations,” said Warren Stanyer, President and CEO of Nevada Sunrise. “The brines have a higher average lithium content and stronger flow rates, which we believe are strong indicators that we are intercepting the known lithium-bearing aquifers in the Clayton Valley.”
Highlights of the 2016 Drilling Program

• All three holes have intersected mineralized brine: 1st and 2nd holes have encountered lithium-rich brines and 3rd hole (still in progress) has encountered brines with analyses to follow.
• 3.43 kilometre (2.13 miles) mineralized brine trend: Holes CNE-16-01 and CNE-16-02, both with significant intervals of mineralized lithium brines, are located 3.43 kilometres apart.
• Intervals up to 202.8 ppm lithium over 109.7 metres: Lithium brines intercepted by 2nd drill hole at Clayton NE, CNE-16-02, have returned intervals up to 202.8 ppm lithium over 109.7 metres (286.5 to 396.2 metres), including peak values up to 227 ppm lithium over a 6.1 metre section (304.8 to 310.9 metres). These values are comparable to Albemarle’s brine samples from their Silver Peak mining operation immediately adjacent to Clayton NE, and are in line with results from the first hole drilled at Clayton NE, CNE-16-01.
• More results to come: Hole CNE-16-03 has encountered brine measuring up to 138,000 ppm TDS and is still in progress. Analyses from holes CNE-16-01 and CNE-16-02 have shown that a relationship of TDS to lithium grade indicates a direct correlation between higher lithium values and higher strength brine.
• Strong brine flows: Brine flows of up to 120 gallons per minute issued from borehole CNE-16-02 between 304.8 to 396.2 metres (1,000 and 1,300 feet). Geochemical analysis shows this zone carries significant lithium concentrations. High brine flows are important for economic production.

Read the full press release.
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