Zadar Ventures Ltd. (TSXV:ZAD) announced that it’s entered into a standstill agreement with a private Nevada LLC. Under the agreement, Zadar is able to negotiate an option to buy two prospective lithium projects near Silver Peak, Nevada.
Zadar Ventures Ltd. (TSXV:ZAD) announced that it’s entered into a standstill agreement with a private Nevada LLC. Under the agreement, Zadar is able to negotiate an option to buy two prospective lithium projects near Silver Peak, Nevada.
As quoted in the press release:
One of the projects is located immediately adjacent to the Rockwood Lithium Mine and Processing Plant complex in North Clayton Valley and covers approximately 425 hectares, including a gravity low anomaly interpreted to represent a basinal low permissive to host brines containing elevated concentrations of lithium. This project’s merit is supported by a USGS test hole (Drillhole CV-2) located ~600m from the eastern claim boundary that reported a 55ppm Li maximum content from analyzed water samples.
The other project lies approximately 18 kilometres southeast of Silver Peak, Nevada and covers over 330 hectares of an isolated and un-drilled basin which has the potential to host a similar lithium brine environment by virtue of its proximal location to the possible source of the lithium within the Clayton Valley system. This later project has also been the subject of a suite of initial gravity surveys and shows a basinal feature, which if closed, could host brines with elevated lithium concentrations.
The Company intends to have an executed definitive agreement by Feb 25th 2016 and more information on the projects and Zadar’s plans to advance these projects will be released after this event.
Click here to read the full Zadar Ventures Ltd. (TSXV:ZAD) press release.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1830.34 | +11.77 | |
Silver | 20.99 | +0.17 | |
Copper | 3.80 | +0.02 | |
Palladium | 2002.00 | +133.00 | |
Platinum | 932.00 | +22.00 | |
Oil | 113.38 | +1.62 | |
Heating Oil | 4.09 | -0.02 | |
Natural Gas | 6.69 | +0.12 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.