Nevada Lithium Commences Seismic Reflection Survey at 100% Owned Bonnie Claire Lithium Project, Nevada

VANCOUVER, British Columbia, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) (“Nevada Lithium” or the “Company”) is pleased to announce that a new seismic reflection survey across portions of the 100% owned Bonnie Claire lithium project (the “Project” or “Bonnie Claire”) has commenced. The survey is part of the overall work program designed to support the investigation for potential lithium brines within strata at Bonnie Claire.

Nevada Lithium’s CEO, Stephen Rentschler, comments: “We are pleased to report that Hasbrouck Geophysics, Inc. has advised us that the seismic reflection survey is now underway at Bonnie Claire. Data from this survey will play a major role in increasing the Company’s understanding of the stratigraphy at Bonnie Claire and aid drill targeting in our newly funded brine exploration program. This geophysical program complements the ongoing metallurgical and geological work programs which are advancing the Project towards completion of a Pre-Feasibility Study (PFS) of Bonnie Claire.”

Join Stephen Rentschler, CEO of Nevada Lithium for a LIVE virtual event to learn more about the details of the Company’s seismic reflection survey, and ask questions during the interactive Q&A.

Date and time: Wednesday, October 18th at 12 pm ET / 9 am PT

Click here to register for the event.

Highlights:

• There will be an 11.0 line-km two-dimensional (2D) reflection seismic survey along three lines over a portion of the Bonnie Claire, Nevada claims. The reflection seismic survey will map stratigraphy, bedrock topography, structures within the sediments and bedrock, and the dip, continuity, and extent of aquifer units.
  
  
• The survey will be a collaboration between Hasbrouck Geophysics, Inc., Prescott, Arizona, Bird Seismic Services, Inc., Globe, Arizona, Matrix Surveys, Inc., Denver, Colorado and Columbia Geophysical, LLC, Englewood, Colorado.
  

• 2D reflection seismic data will be acquired along three lines as shown in Figure 1 (below)
  
  

Figure 1: Proposed reflection seismic lines

Li‐rich brine systems are common in closed basins like Clayton Valley and Bonnie Claire, which display a salar or salt crust. The brines exist in subsurface aquifers, comprising alluvial gravels and sands ⁽¹⁾. Closed-basin brine deposits are commonly localized along active high-angle intrabasinal faults that control the distribution of aquifers and also influence groundwater movement patterns. These intrabasinal faults are known from boreholes and have no surface expression ⁽²⁾.