RAILROAD VALLEY, NEVADA
The Railroad Valley basin (RRV) is a green-fields lithium target believed to be similar to Clayton Valley, just 200 km to the west-southwest. AMERIWEST RECENTLY ACQUIRED additional increasing the size of THE RRV PROPERTY to 780 contiguous claims totalling 15,300 acreS.
Railroad Valley’s massive gravity low, is a geological feature that provides clues to the presence of underground lithium-bearing brines or aquifers
Comparable in size to the Salinas Grandes salt flat in Argentina; potentially one of the best lithium resources in the world. When compared to the nearby producing Clayton Valley, the whole of Railroad Valley is twice the size.
While Railroad Valley is geologically similar to nearby Clayton Valley in many significant ways, it differs in that it represents a new and virtually unexplored target, with only a handful of companies present, unlike Clayton Valley’s leases, which are fragmented across many competing companies.
Water rights are also a positive factor, with no competition for water rights existing within Railroad Valley. In sharp contrast, water rights in Clayton Valley are held by only 2 companies, with 1 of them – the multi-billion-dollar Albemarle – contesting any further applications.
Historic oil drilling activities and seismic surveys have amassed invaluable data for targeting potential brine aquifers.
Railroad Valley’s basin characteristics, proximity to infrastructure, and Nevada’s stable and mining-friendly government, offer a compelling reason to ramp up lithium exploration activities in the valley.
Railroad Valley has a number of unique geologic attributes that could potentially enhance the occurrence of lithium mineralization.
The valley is structurally controlled by an active tectonic setting. This resulted in volcanic activity on the northwest and west margins of the valley, including the stunning Luna Craters.
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