Nevada Sunrise Intersects 929.8 ppm Lithium over 1,130 feet at the Gemini Lithium Project, Nevada

Release date Feb. 07, 2023, 07:30 am EDT
Vancouver, Canada
Nevada Sunrise Intersects 929.8 ppm Lithium over 1,130 feet at the Gemini Lithium Project, Nevada
Drilling operations at the site of borehole GEM23-04, February 2023 (CNW Group/Nevada Sunrise Metals Corporation)

Nevada Sunrise Metals Corp. ("Nevada Sunrise", or the "Company") (TSXV: NEV) is pleased to announce that the Company has received final geochemical analyses for lithium mineralization in sediments and groundwater collected from borehole GEM22-03, drilled at its 100%-owned Gemini Lithium Project ("Gemini") located in the Lida Valley basin in Esmeralda County, Nevada. Drilling of borehole GEM22-03 began on October 18, 2022 and was completed to a depth of 1,620 feet (493.90 metres) on December 16, 2022.

Highlights of GEM22-03

  • Borehole GEM22-03 intersected 929.80 parts per million ("ppm") lithium-in-sediment over 1,130 feet from 280 feet (85.37 metres) to 1,410 feet (344.51 metres), including 1,342.20 ppm lithium over 350 feet (106.71 metres) and 1,955 ppm lithium over 30 feet (9.15 metres) (see Table 1 below for greater detail on mineralized intervals);
  • GEM22-03 was completed at a location approximately 0.47 miles (0.76 kilometres) north of GEM22-01 and 1.14 miles (1.83 kilometres) north of GEM22-02, thereby successfully extending the lithium mineralized zone to the north.
  • Groundwater sample analyses showed anomalous concentrations of lithium in groundwater flows intersected within the hole, including two significant intervals of 120 milligrams/litre lithium ("mg/L") in a water flow of 14.22 gallons per minute ("gpm") from 1,100 to 1,120 feet (335.37 to 341.46 metres), and 110 mg/L lithium in a water flow of 16.4 gpm from 1,200 to 1,220 feet (365.85 to 371.95 metres).

Table 1. Final Lithium-in-Sediment analytical results from borehole GEM22-03

Gemini Lithium Project - Borehole GEM22-03

Depth Interval

Thickness

Lithium

(Weighted
average:

ppm)

From

(feet)

To
(feet)

From
(metres)

To

(metres)

Feet

Metres

280

1,410

85.37

429.88

1,130

344.51

929.80

including:

280

630

85.37

192.07

350

106.71

1,342.20

including:

400

430

121.95

131.10

30

9.15

1,856.94

and:

470

500

143.29

152.44

30

9.15

1,955.73

and:

560

600

170.73

182.93

40

12.20

1,543.79

Note: Sediment samples are a composite of material collected from the rotary splitter in the RC drilling rig, which produces a continuous, representative 3 to 5 kilogram sample for each sample interval. All depth measurements reported, including sample and interval widths are down-hole. As holes at Gemini are oriented vertical and geologic stratigraphy is primarily horizontal to sub-horizontal, downhole measurements are assumed to be close to true thickness.

Nevada Sunrise interprets the lithium-in-water results in GEM22-03 as groundwater flows that are situated higher up in the stratigraphy of the Gemini basin, and further north of the location of the stronger lithium-in-water results intersected in boreholes GEM22-01 and GEM22-02. Borehole GEM23-04 (in progress) has reached a depth of 1,900 feet as of February 2, 2023 and is an example of the Company's plan to drill deeper holes in the southern part of Gemini with the goal of: (1) intersecting wide intervals of lithium-bearing sediments and (2) locating higher concentrations of lithium-in-water coincident with significant groundwater flow rates.


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  • Nevada Sunrise Metals Corporation
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