97% Lithium - 98% Boron Recovery On High-Grade Mineralization

VANCOUVER - Nevada Lithium Resources Inc. reported on its Bonnie Claire Lithium project, located in Nye County, Nevada.

CEO, Stephen Rentschler, said, “The high-grade Lithium and Boron mineralization we have identified over the last two drilling programs presents additional opportunities that were undiscovered when the Company’s Preliminary Economic Assessment (PEA) was completed three years ago. With Bonnie Claire now looking to be an analog to Ioneer Ltd.’s Rhyolite Ridge deposit, the logical next step was to explore relationships with companies instrumental in the development of Rhyolite Ridge.

We are happy to report that we have engaged Fluor Enterprises, Inc. to develop the metallurgical processes and plant design that will be incorporated into an updated PEA. The updated PEA will, for the first time, reflect the impact of the tremendous grades and intercepts of Lithium and Boron that we have encountered in the lower high-grade Lithium and Boron mineralized zone at Bonnie Claire.”