Nevada Lithium has announced a significant advancement in its mining strategy for the Bonnie Claire project, introducing an innovative Hydraulic Borehole Mining (HBHM) method. This approach, developed in collaboration with Kinley Exploration, is designed to extract mineralized slurry from depths of 1500 to 2500 feet, targeting high-grade lithium concentrations previously identified, such as the notable 4,154 ppm lithium over 680 feet in Hole BC2303C.
The company is currently updating its 2021 Preliminary Economic Assessment (PEA) to reflect recent drilling data from 2022 and 2023, alongside detailed HBHM process modeling. This update will encompass production rates, capital and operating expenditures, and water usage projections, providing a comprehensive overview of the project's feasibility and economic viability.
Additionally, Nevada Lithium is revisiting its metallurgical work to demonstrate the production of battery-grade lithium carbonate from bulk mineralized sediment samples. This step is crucial for validating the scalability of the extraction process and ensuring the project's readiness for commercial production, aligning with the global push towards clean energy solutions.
By adopting the HBHM method, Nevada Lithium is positioning itself as a key player in the lithium market, ready to contribute to the clean energy transition. The company's efforts to refine and update the Bonnie Claire project parameters underscore its commitment to unlocking the full potential of this significant lithium resource. For more information on the HBHM method and its applications, visit https://www.nevadalithium.com.
