EDWARDS CREEK VALLEY, NEVADA
Edwards Creek Valley (ECV) is a playa in a hydrologically closed basin in north central Nevada.
ECV is strategically located two hours east of the Tesla Gigafactory and 2.5 hours north of Albemarle’s Silver Peak operation in Clayton Valley. There is direct highway access, power, and the Property is located near the towns of Fallon and Austin.
Lithium brines in the region are known to accumulate in valleys with the following characteristics:
All these conditions are met within the Edwards Creek Valley
The adjacent Smith Creek Valley has been explored with results of up to 470 ppm lithium in surface sampling of the salt flats surrounding hot springs. Smith Creek Valley is located at the front of its mountain range that is shared with ECV (Source: The Nevada Mineral Industry, Nevada Bureau of Mines, Special Publication MI-2017).
The Smith Creek Valley Project is being advanced by Iconic Minerals Limited. Furthermore, ECV is surrounded by felsic tuffs that could be potential source rocks for lithium, like found on the periphery of Clayton Valley.
Note that the vicinity or similarity of ECV to properties located in Clayton Valley or Smith Creek Valley does not guarantee that mineral resources or reserves will be defined at ECV.