- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Nevada Energy Metals Expands Lithium Exploration Potential at San Emidio
Nevada Energy Metals (TSXV:BFF) (OTC Pink:SSLMF) announced the Company has increased the exploration potential of the San Emidio property by adding 69 additional claims to its land position.
Nevada Energy Metals (TSXV:BFF) (OTC Pink:SSLMF) announced the Company has increased the exploration potential of the San Emidio property by adding 69 additional claims to its land position. The property now includes 155 claims (approximately 3,100 acres/1255 hectares) in the San Emidio Desert, Washoe County, Nevada, 95 km northeast of Reno.
As quoted in the press release:
The additional claims were staked to cover a portion of the playa evaluated in 1976 by Chevron Oil Company (Phoenix Geophysics report by Bruce S. Bell) for its geothermal power potential. The report states, “Almost the entire survey area exhibits definite anomalous responses which have a true resistivity less than three ohm meters. The apparent resistivity data exhibits near horizontal contours throughout parts of the anomalous area, but there is also sufficient lateral variations within each anomaly to suggest that the conductive zone is not due entirely to conductive sediments.” Drilling will be required to determine if the responses identifies in the resistivity survey confirm the presence of brine aquifers. Importantly, historical results by previous operators exploring the playa for lithium reported lithium value in sediments up to 312 ppm and up to 80 ppm lithium in brine from a depth of 1.5 meters.
The San Emidio Desert basin is an alkali playa environment underlain by unconsolidated sediments and clays being fed by Lithium bearing geothermal fluids (US. Geothermal analyses) reported in bounding faults, and/or faults along the east side of the basin. Since mid-Tertiary time, the rocks on the eastern edge of the San Emidio Desert have undergone extensive hydrothermal alteration and the presence of near-surface thermal fluids, suggest that the thermal fluids represent deep circulation of meteoric water (Moore, J.N., 1997). The property adjoins the Empire geothermal power plant with production of 4.6 MW of electricity from a 155°C resource thereby providing a substantial heat source for the circulation of meteoric groundwater believed important in the formation of Lithium brine deposits as found at Clayton Valley, Nevada host to North Americas preeminent Lithium brine production. US Geothermal has reported anomalous Lithium values in the trace element analysis of their geothermal brines at Empire.
Connect with Nevada Energy Metals (TSXV:BFF) (OTC Pink:SSLMF) to receive an Investor Presentation.
Latest News
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.