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Gold & silver

Century Lithium announces new name for flagship Nevada lithium project

Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) has renamed its 100%-owned Clayton Valley lithium project to the Angel Island Mine, it said in a statement.

The move enhances clarity in the permitting process and distinguishes it from other regional projects, the company told investors.

Angel Island is one of the few advanced lithium projects in the United States, according to Century Lithium, with a positive feasibility study announced in April 2024.

Angel Island is named after the ridge of older metavolcanic and clastic rocks bordering the west side of Century's lithium clay deposit. The name dates back to the 1800s and is one of three landforms in Clayton Valley named after islands in San Francisco Bay, the others being Alcatraz and Goat Islands.

Angel Island is the largest of these landforms, rising 400 meters above the valley floor. It is located on the east side of the valley, separating Century's lithium clay deposit from Albemarle's lithium brine operation.

The ridge's elevation is due to uplift along a major northeast-trending normal fault along the western base of the ridge. This geological activity brought the clay deposits east of the fault to the surface, making them accessible for mining. The harder rocks in the ridge likely acted as a physical barrier, protecting Century's lithium clay deposit from erosion.

Century Lithium continues to advance the Angel Island Mine towards full permitting.

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