Overview

Overview

Located in Lander county, Nevada, the Spencer lithium brine project is 200 miles northeast of the Silver Peak lithium brine operation. Austin is the nearest town at 16 miles east, and can supply basic needs of an exploration programme. Spencer Hot Springs lies on the eastern margin and is covered by the north claim block. The Project is located 160 miles east of the Tesla Gigafactory, which is expected to be a significant consumer of lithium carbonate.

The tenements consist of 146 BLM unpatented placer claims, totalling an area 11.8km2 over two claim blocks, which are held 100% by Zenolith. The claims are granted in perpetuity, with fees being paid annually. The claims confer surface rights for any activities related to mineral exploration and production. Topography of the project area is flat, with slight elevations, making the area ideal for a lithium brine operation.

Spencer
Project Highlights
  • Reconnaissance-level surface auger/post hole sampling completed from depths of 1m – 2m at 13 locations
  • Results showed lithium grades ranging from 41 ppm Li to 550 ppm Li
  • Single water sample taken from Spencer Hot Springs, returning 2 ppm Li (20,000 ppb Li), being very anomalous for a fresh water sample. Only 33 of the 5,187 National Uranium Resource Assessment samples taken in Nevada exceed 1,000 ppb Li, with 8 being from the Clayton Valley area.
Next Steps

A two phase approach will be followed:

Phase 1

A magnetotelluric survey, designed to outline the presence of and distribution of conductive layers in the sub-surface that likely represent brine, will be completed.

Phase 2

Based on the results of the MT survey, initial drilling and subsequent sampling and analysis of sub-surface brines will be completed, which will test for the presence and concentration of lithium.