Nevada Lithium provides positive update on Hydraulic Borehole Mining method and commences updated Preliminary Economic Assessment for Bonnie Claire Lithium Project, Nevada
The Company is also pleased to announce the commencement of an updated Preliminary Economic Assessment (“PEA”) on the Project.
- The Company is also pleased to announce the commencement of an updated Preliminary Economic Assessment (“PEA”) on the Project.
- Nevada Lithium’s CEO, Stephen Rentschler, commented: “Nevada Lithium has received an updated assessment of the Hydraulic Borehole Mining (HBHM) method from an internationally recognized leader in the HBHM mining technique, Kinley Exploration LLC.
- While this method has been used elsewhere, Bonnie Claire would see its use in the Great Basin for the first time.
- The objective of this work is to establish a reasonable economic mining strategy to extract lithium in a continuous, cost effective and safe manner.