HISTORY
OF LITHIUM IN ESMERALDA COUNTY
The
largest and only currently operating lithium mine in the United States is the
Chemetall Foote Silver Peak Mine in Clayton Valley, Esmeralda County, Nevada (www.Chemetalllithium.com).
The Silver Peak Mine has been in continuous operation since 1967. The mine was
purchased by Chemetall from Cyprus Foote Mineral Company in 1998 along with some
other property for over $300,000,000. Since that time the property has only
increased in value.
As
of this report there are a number of other major lithium companies staking
claims and drilling for lithium near the Chemetall Silver Peak Lithium Mine. Two
of the major companies are Rodinia Minerals, Inc. and American Lithium Minerals,
Inc. (See www.Rodiniaminerals.com for the Technical Report on the Clayton Valley
Lithium Property) and www.Americanlithium.com). Colorado Associates and Lomiko
Metals, Inc have also filed some mining claims in our area. Time is of the
essence for this proposal. Do not delay. This proposal will not stay open long.
LITHIUM
PRODUCTION - ESMERALDA
COUNTY, NEVADA
Chemetall
Foote Lithium Mine is the largest operating lithium mine in the United States
and is located approximately 5 miles from our prospect area. Production figures
are not published but it is estimated that approximately 12% of the world’s
total lithium production comes from this area. This production area has the
highest lithium brines content of any brines tested by the US Geological Survey
in playas and basins of the southwestern United States. That may be why there
are three different companies in our immediate area looking for key lithium
discoveries in addition to the Chemetall Foote mine production.
We
are in what, we believe, is the sweet spot for lithium brines exploration with
similar geologic features and terrain as the Chemetall Silver Peak Mine. Our
prospect area is ideally situated as a potential lithium brine mining property.
(See Google Map)
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