Nevada Lithium Resources
Financials:
Primary ticker: CSE:NVLH, OTC:NVLHF, FSE:87K
Stage of development: Exploration, Development
Primary minerals: Lithium
Project to promote: Bonnie Claire
Project location: USA
Website: www.nvlithium.com
Corporate presentation: Click here
Corporate video: Click here
Nevada Lithium owns 50% of the Bonnie Claire Lithium Project in Nevada, USA. Bonnie Claire is a sedimentary (clay) hosted lithium project with one of the largest lithium resources in North America. Bonnie Claire is a very large, advanced project with a recently completed Preliminary Economic Assessment (PEA 43-101 Technical Report). Base case PEA economics are robust, there have been no endangered species issues, there is a positive, differentiable ESG profile, and the size of the resource supports a multigenerational mine. A fully funded, multi-faceted 18-month work program is underway to set the foundation for a Pre-Feasibility Study (PFS).
Management Profile
Stephen Rentschler – CEO
Stephen Rentschler is a veteran of the natural resource and New York institutional buy-side industries. He was half of the two-man investment team that founded a NYC based natural resources fund with over $4 billion of peak AUM. Over decades of work, Steve has evaluated thousands of projects and worked with hundreds of management teams. Known as a long-term investor, Steve’s fundamental industry analysis was sought by both industry participants and investment firms across many commodities.
What recent news would you like to highlight to investors attending?
25 January 2022, Bonnie Claire Work Program Announced
15 December 2021, Nevada Lithium Earns in 50% of Bonnie Claire Lithium Project
13 October 2021, PEA for Bonnie Claire Lithium Project Announced
29 September 2021, Nevada Lithium Resources Commences Trading on Canadian Securities Exchange
What are your key goals for the next 3, 6 and 12 months?
3 Months:
Start of 2022 drilling program at Bonnie Claire.
6 Months:
Production of Battery Grade Lithium Carbonate.
12 Months:
Receipt of permitting for expanded field operations (Plan of Operations). Test of Borehole Mining.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Project developers globally are facing shortages of service providers and Nevada Lithium is no different. We are proactively managing our work programs to address critical path elements in order to minimize delays as we progress towards Pre-Feasibility.
What do you think makes your company such a compelling investment?
Nevada Lithium is a small cap company with 50% ownership of a multi-billion-dollar project that is in development stage with a recently completed PEA. The Bonnie Claire Project is located in Nevada, USA the premier global mining jurisdiction in 2020, according to the Fraser Institute. Nevada Lithium is poised to provide secure lithium supplies to North American electric vehicle and battery manufacturers.
What are the top 3 key investor takeaways?
1) Nevada Lithium trades at a small fraction of the NPV indicated by its recent Preliminary Economic Assessment.
2) Nevada Lithium has a management team that can evaluate projects, advance projects, and bring attention to those projects. Every one of those skills is critical to maximizing shareholder value.
3) Automobile Manufacturers have turned the corner on the internal combustion engine and, as a result, lithium has entered a secular bull market.