Nevada Lithium Commences Sonic Drilling at 100% Owned Bonnie Claire Lithium Project

VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) (“Nevada Lithium” or the “Company”) is pleased to announce the commencement of a sonic drilling program across portions of its 100% owned Bonnie Claire lithium project (the “Project” or “Bonnie Claire”). The drilling is part of the current work program that commenced in the summer of 2023 (“2023 Exploration and Development Plan”), advancing the Project towards an expected Pre-Feasibility Study in 2024.

Nevada Lithium’s CEO, Stephen Rentschler, comments: “Optionality is one of the greatest assets of Bonnie Claire. Our land package and geology provide us with the opportunity to evaluate multiple paths to unlock shareholder value. The initial phase of our sonic drilling field program will assess suitability of strata for open-pit mining methods, and will deepen our understanding of basin water flow, which relates to a number of different aspects of the Project. In addition, the current seismic program (announced in the Company’s news release dated October 17, 2023) is helping our understanding of the potential for lithium brines at Bonnie Claire. We anticipate assay results for our first deep core hole in the near future, and we look forward to sharing our conclusions about all these initiatives with the market over the following months.”

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

Date and time: Wednesday, November 8th at 11 am ET / 8 am PT

Click here to register for the event >

Highlights:

• Two initial vertical holes up to 700 feet in depth.
• Drilling conducted by Harris Exploration Drilling and Associates Inc. using a Boart Longyear LX60 track-mounted sonic drill.
  
• Hydrogeological services conducted by Barr Engineering Co.
• Borehole geophysical data collected and processed by COLOG Geophysical Services.

The overall work program is designed to investigate geotechnical rock properties and basin fluid flow within strata at Bonnie Claire. The primary focus of the work is aquifer testing and geotechnical characterisation from drill logging and borehole geophysical procedures to identify suitable intervals for straddle-packer pumping testing. Pumping tests will in turn measure hydraulic connections within strata and measure production rates of groundwater for chosen intervals. This geotechnical engineering work will build on a 2022 study and is expected to advance understanding relating to open pit stability evaluation, underground stability for borehole mining, and surface infrastructure foundation on the Property.