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Nevada Sunrise Gold Corp.

Nevada Sunrise and Advantage Lithium begin drilling at Clayton Northeast

Nevada Sunrise Gold Corporation and its joint venture partner, Advantage Lithium Corp. have begun a drilling program at their Clayton Northeast lithium brine exploration project in the Clayton Valley, Nevada

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Drilling begins

Nevada Sunrise Gold Corporation (CVE:NEV) and its joint venture partner, Advantage Lithium Corp. (CVE:AAL) have begun a drilling program at their Clayton Northeast lithium brine exploration project in the Clayton Valley, Nevada.  

Clayton NE borders the Silver Peak mine operated by Albemarle Corporation (NYSE:ALB), North America's only producing lithium mine.

Three reverse circulation drill holes totaling approximately 1,500 metres (4,570 feet) will focus on high-priority lithium brine targets close to the Silver Peak mine border and several of Albemarle's production wells.

In September, an 11.0 line-km Volterra 3D-IP ground geophysical survey was carried out over the Clayton NE project area. The geophysical survey successfully imaged highly-conductive horizons to the survey limit of approximately 800 metres depth, and these conductive zones are interpreted as brine formations. The northeast trending Angel Island fault appears to bound the conductive horizons parallel to and proximal to the eastern claim boundary at Clayton NE.  

Three priority drill targets have been chosen to best intersect the broadest and most conductive zones detected by the geophysical survey.

Historical drilling within the Clayton NE project area by the United States Geological Survey was reported to encounter elevated lithium values in ground water.

Nevada Sunrise and Advantage Lithium are the only lithium explorers in the Clayton Valley, other than Albemarle, with access to certified water rights for the purposes of future development.

Quick facts: Nevada Sunrise Gold Corp.

Price: $0.06

Market: TSX-V
Market Cap: $3.15 m
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