Nevada Lithium

Investor Value Proposition

With our JV partner, we’re advancing one of North America’s largest undeveloped lithium deposits* towards possible production.

Leveraging these powerful project and company attributes:*

  • Located in Nevada, US – a premier global mining jurisdiction
  • One of Nevada’s largest lithium deposits* demonstrating strong recovery without sulfuric acid
  • Strong exploration potential for significant additional tonnage
  • Year-round access by paved highway, power supply nearby
  • Potential for multiple production methods and power generation methods to minimize water use and GHG footprint
  • Mining-savvy shareholder base with excellent capital access to advance the project 

Our Potential Market

NOTE: The Bonnie Claire project is not currently in production

Electric Vehicles (EV) Surging
Market will hit $1.5 trillion by 2025[1]

Lithium Demand Growing
Strong growth at 18% per year to 2030[2]

Secure & Domestic Preferred
North American carmakers seeking regional supply chains[3]

The Bonnie Claire Project

World-Class Mining District
Nevada is the epicenter of America’s green energy revolution

Excellent Infrastructure
Easy access, adjacent power lines, equipment & labor nearby 

Very Large Area
18,300 acres (74.1 km2; 28.6 mi2)

High Grade Drill Intercepts
Including 2,054 ppm Li over 220 ft (67.1 m) in drill hole BC-1601*

NI 43-101 Mineral Resources Estimate
18.37 Mt Lithium Carbonate Equivalent* 

Sediment Hosted Mineralization
One of North America’s largest sediment-hosted lithium resources*; no hectorite clays present, which are known to complicate processing

Active Development
Next phase of work will be designed to further delineate and upgrade current inferred resources to the indicated category through drilling, while also further evaluating the Project’s potential economic viability

Exceptional Team

Proven business builders, resource finders & mining experts focused on maximizing shareholder value.

Governance & Sustainability

Committed to responsible corporate management and sustainable exploration & mining.

“As global demand for electric vehicles grows, North American automotive manufacturers are seeking to regionalize their supply chain for greater security and sustainability.”

– Mining.com, Jan. 2021 [3]

“Global sales of electric cars accelerated fast in 2020, rising by 43% to more than 3m, despite overall car sales slumping by a fifth during the coronavirus pandemic.”

– The Guardian, Jan. 2021[5]

“General Motors is joining a move by global automakers to shift away from fossil fuel-powered vehicles, with plans to sell only zero-emission cars and trucks by 2035…”

– Forbes, Jan. 2021[6]

“Energy consultancy Wood Mackenzie says $50bn needs to be invested in lithium over the next 15 years to meet battery demand…”

– Financial Times, Oct. 2020[7]

Sources Used

  1. https://resourceworld.com/battery-minerals-poised-for-increased-demand-with-dozens-of-new-evs-planned/
  2. https://www.roskillinteractive.com/reportaction/LIT17/Marketing
  3. https://www.mining.com/albemarle-to-double-lithium-production-in-nevada/
  4. https://www.usgs.gov/centers/nmic/mineral-commodity-summaries
  5. https://www.theguardian.com/business/2020/dec/03/more-than-500000-full-electric-cars-sold-in-europe-in-10-months
  6. https://www.forbes.com/sites/samabuelsamid/2021/01/28/general-motors-commits-to-being-carbon-neutral-by-2040/
  7. https://www.ft.com/content/b13f316f-ed85-4c5f-b1cf-61b45814b4ee

*Source: “Preliminary Economic Assessment NI 43-101 Technical Report, Bonnie Claire Lithium Project, Nye County, Nevada” (Effective date of August 20, 2021, and Issue date of September 23, 2021). The Qualified Person for the mineral resource estimate is Terre Lane of Global Resource Engineering Ltd., of Denver, CO, USA. The Mineral Resource estimate, based on borehole mining methods, is 3,407.3 Mt at 1,013 ppm Li (inferred) for 18.372 Mt of Lithium Carbonate Equivalent (LCE). The estimate is based on an assumed lithium price of 13,400 $/tonne Li2C03, a cut-off grade of 700 ppm Li, and Li2C03 to lithium ratio of 5.323. The borehole constraint assumes a 68% mining recovery and 5% dilution. Numbers have been rounded to reflect the accuracy of the estimate and may not sum due to rounding. Mineral resources are not mineral reserves as they do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources will be converted into Mineral Reserves. It is reasonably expected that the majority of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. The technical report is filed, as required by NI 43-101, on the Company’s SEDAR profile at www.sedar.com.”

The technical information in the above disclosure has been reviewed and approved by the designated Qualified Person (QP) under National Instrument 43-101, Mr. Darren L. Smith, M.Sc., P.Geo., and Vice President of Exploration for the Company.

The disclosure on this page includes statements containing forward-looking information within the meaning of applicable Canadian securities law (“forward-looking statements”). Forward-looking statements are frequently characterized by words such as “develop”, “plan”, “continue”, “expect”, “intend”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “propose” and other similar words, or statements that certain events or conditions “may” or “will” occur, and on this page include the statements regarding the Company’s expectations concerning: market demand for lithium and EVs; shifts in the automotive industry from gas to electric vehicles; the positioning of the Bonnie Claire Lithium Project in Nevada and globally; and the ultimate ability for the Company to move the Bonnie Claire Lithium Project to production. Forward-looking statements are only predictions based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Factors that could materially affect such forward-looking information are described under the heading “Risk Factors” in the Prospectus, including the schedules attached thereto, that is available on the Company’s profile on SEDAR at www.sedar.com. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

CSE: NVLH, FSE: 87K