Drilling At The Bonnie Claire Lithium Project

VANCOUVER - Nevada Lithium Resources Inc. and its 50% partner in the Bonnie Claire Lithium Project, Iconic Minerals Ltd. reported on an additional two drill holes completed at the Property, located in Nye County, Nevada. The lithium grades of these two drill holes – BC2202C and BC2204C – demonstrate a very similar lithology- and grade-depth profile as that of the previously reported core holes BC2201C and BC2203C . Each of the drill holes contains a strong lithium grade near-surface (~750 to 1,100 ppm Li) to a depth of approximately 380 ft to 450 ft, a low-grade central section, and a high-grade section at depth (~1,000 to 2,200 ppm Li) over an interval of approximately 650 to 1,000 ft, and ending in strong mineralization in some holes1. The mineralized intervals at depth include some individual sample grades exceeding 4,000 ppm Li, including wide and high-grade intervals highlighted by drill hole BC2203C with 3,201 ppm Li over 520 ft.

CEO, Stephen Rentschler, said, "We have been excited by the results of the core drilling this year at Bonnie Claire. This drilling continues to demonstrate that high grades of lithium are present, both near surface and at depth. We firmly believe that Bonnie Claire is one of the most attractive global lithium assets remaining in junior developers' hands."