ELi LITHIUM PROJECT

HIGHLIGHTS

The ELi project is a claystone lithium deposit found in a sub-horizontal sequence of lacustrine, tuffaceous mudstones, claystones and siltstones deposited in the Little Smokey Valley*.

The lithium bearing rocks at the ELi project are preferentially found in younger tuffaceous sedimentary rocks that have a strong volcanic component and exhibits light-colored, ash- rich, lacustrine rocks containing swelling clays.

The project occurs within a hydrologically closed basin with proximal silicic volcanic rocks found in the hanging-wall. The geometry of the ELi project is roughly tabular, up to several meters thick over several square kilometers of area

* Technical information per NI 43-101 report prepared for POWR Lithium titled “ELi Sediment-Hosted Lithium Deposit, Eureka & Nye Counties, Nevada: Technical Report“ by Robert J. Johansing, BSc Geology, MSc Economic Geology, QP MMSA.

Photo of low-lying hills comprising the ELi property. The Li-bearing sediments extend from the foreground to the hills in the background.

CLAYSTONE LITHIUM: A NEW DEPOSIT TYPE

The USGS first publication on sedimentary-hosted lithium (claystone lithium) wasn’t until 1991, making it one of the newer deposit types in exploration.

Source: USGS Model 25l.3(T), Some Industrial Mineral Deposit Models: Descriptive Deposit Models, Open File 91-11A.

EIi LITHIUM DEPOSIT

  • Field work has already begun on the project with over 150 initial baseline surface samples collected which returned an average grade of 342 ppm and ranged from 1,023 ppm to 45ppm 1. Historical sampling on the property returned an average value of 667.8ppm and ranged from 970ppm to 388ppm.
  • American Lithium’s TLC Deposit initial surface exploration was comparable, with surface grades from 129.5-1,380ppm Li 2.

  • The majority of the samples (98%) were analyzed at ISO certified American Assay Labs where a robust QAQC program was carried out that included the addition of blind standards and blanks.
  • The remaining 2% of the samples were analyzed at ISO certified ALS Laboratories where the internal lab QAQC was used.

  • Currently the next phase of investigation is planned to include:
    • Additional surface sampling,
    • Additional geochemistry and mapping,
    • Minerology and petrology, Geophysics

Click to enlarge.
  1. Surface samples are select in nature and may not be representative of the entire property. Field work consists of a 154 samples collected by POWR Lithium and 16 samples collected by the previous operators (historic).

  2. Technical Report, TLC Property, Nye County Nevada, April 2020.

The Qualified Person as defined by NI 43-101 is Anna Hicken, P.Geo, a consultant for the company who has reviewed & approved the technical geological information contained on this website.  For more information, please refer to the independent 43-101 report on the ELi property available on SEDAR.

PRESENTATION

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PRESENTATION

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