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Nevada Sunrise Gold Corp.
Summary
| Project: | Clayton NE | |
|---|---|---|
| Deposit: | Clayton NE | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 4/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-4-2017: Nevada Sunrise Gold Corp. announces an Exploration/Drilling Update report for its Clayton NE deposit at the Clayton NE project. JV with Advantage Lithium - drilling results incl. 164.59m @ 72.47mg/L Li from 256.03m. Nevada Sunrise Gold Corporati | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert M. Allender Jr (Internal) | |
| ABSTRACT: | Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) and its exploration partner, Advantage Lithium Corp. ("Advantage Lithium") (TSXV: AAL) are pleased to announce that the final two holes of the 2016-2017 drilling campaign at their Clayton Northeast property ("Clayton NE, or the "Property") in Clayton Valley, Nevada, have intersected lithium in brine of up to 238 milligrams per litre ("mg/l") in borehole CNE-17-05. All six boreholes from the 2016-2017 program intersected lithium-bearing brines in typical Clayton Valley aquifer systems. As a result of interpreted faulting and displacement, the sixth borehole, collared in the southwest end of the Property, passed through a major fault zone and was terminated at a relatively shallow depth. The successful conclusion of the Phase 2 drilling follows positive results from the three Phase 1 boreholes drilled in 2016 (see Nevada Sunrise news releases dated November 1, 2016, December 5, 2016, and December 21, 2016), and from the first borehole of the Phase 2 program, hole CNE-17-04, (see Nevada Sunrise news release dated March 1, 2017), which delivered the best results to date at Clayton NE, with a total composite of 426.72 metres of 243.44 mg/l lithium in brines. | |
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