Western Lithium Granted Environmental Assessment Approval for Kings Valley Mine

Resource Investing News

Western Lithium USA Corporation (TSX:WLC,OTCQX:WLCDF) received approval from the Bureau of Land Management (“BLM”) Winnemucca District of Nevada for the Kings Valley Mine Final Environmental Assessment (“EA”).

Western Lithium USA Corporation (TSX:WLC,OTCQX:WLCDF) received approval from the Bureau of Land Management (“BLM”) Winnemucca District of Nevada for the Kings Valley Mine Final Environmental Assessment (“EA”). The BLM issued a Decision Record (“DR”) and Finding of No Significant Impact (“FONSI”) for the project. The DR allows the development and operation of the Company’s proposed 110-acre Kings Valley hectorite clay mine. The Company is currently constructing an organoclay manufacturing plant in Fernley, Nevada, where various clay products, including hectorite and potentially bentonite clays, will be used for the production of its Hectatone™ drilling fluid additive products.

According to Victor W. Lozano, Field Manager for the BLM Humboldt River Field Office:

It has been about 20 years since we have had a hectorite clay operation within the BLM Winnemucca District. Knowing that there are other cultural and natural resources in the area, I am pleased with the balanced approach of having a small hard rock mining site that coexists with the other resources.

Jay Chmelauskas, CEO of Western Lithium stated:

We are beginning clay mining operations in 2014 to support our strategy of initially selling Hectatone™ organoclay products in the near term to the growing oilfield industry. Ultimately, we plan to increase our activities at Kings Valley and extract lithium from our hectorite clay in the future, in order to become a strategic USA based lithium supplier for new battery manufacturing that is anticipated due to increased lithium demand expected from electrified vehicles and grid storage.

Click here to view the full press release. 

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