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Location: 6 km NW from Tonopah, Nevada, United States
100 Washington Street, St #100RenoNevada, United States89503
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Tonopah Flats Lithium Project is a sedimentary- or clay-hosted lithium deposit. Lithium mineralization has been identified within the Miocene Siebert Formation in the southeastern portion of Big Smoky Valley. Lithium mineralization occurs within a thick sequence of lacustrine claystones with thin (3 m or less) interbeds of silt, tuffaceous sandstone, and crystal tuffs. The identified claystone thickness in the project area exceeds 436 m and appears to thicken toward the sedimentary basin to the west. The overall sedimentary package within the project area is flat lying to gently dipping as indicated by a tuffaceous marker bed identified in drill hole chips and core. A drill hole on the western edge of the drilled area encountered 160 m of alluvial cover and did not reach the claystone unit. However, the hole was collared adjacent to a fault mapped by Bonham and Garside (1979) that bounds thicker Quaternary fill to the west. Drilling on an adjacent property to the west of the Tonopah Flats property has also confirmed a thick sequence of alluvial material west of the fault. Oligocene and older Miocene volcanic rocks below the Siebert Formation have not been encountered at the maximum depth of present drilling (436 m). Drilling by ABTC has so far defined an area of generally continuous lithium mineralization 7,925 m north to south by 1,524 m to 4,572 m east to west, with thicknesses up to 436 m. Clay beds with higher concentrations of lithium are localized to semi-continuous, and the lithium-bearing beds are generally contained in a 1,219 m- to 3,048 m-wide corridor in multiple stratigraphic horizons.Elevated lithium mineralization from 6 m to 67 m in thickness and grading up to 1000 ppm trends north to south through the central portion of the property. Interbeds of tuffaceous sandstone, crystal tuff, and siltstone less than 3 m thick show a general decrease in lithium with values of 200 ppm or less.The lithium deposit, defined as of the effective date of this PFS, underlies and extends continuously, both north and south of US 6/95. For this reason, the lithium mineral resources estimated have been defined within two areas, the “North Pit” and the “South Pit”, which are located north and south of the highway, respectively. For the purpose of this PFS only the South Pit is being evaluated.