Nevada
Hub for end-to-end domestic clean energy supply chain in the United States
Albemarle’s Silver Peak lithium brine project
Silver Peak is the only lithium producer in the US and has been in production since the 1960s – making it one of the largest lithium producers in the world
Silver Peak is a geologic and deposit style analogue to the target at the Columbus Lithium-Boron Project and is located only 28 miles away
History
The Columbus basin has seen periodic exploration over the past 150 years starting with a borax brine discovery (1871) and borax mining operations until 1885.
2021 / 2022
De-risked & Discovery-ready
Exploration and drilling has provided significant data to vector into deeper drill targets where higher-grade lithium-boron mineralization is typically found
Proof of concept drill hole (LUN-22- 01)
Averaging ~500 ppm Li (samples ranging from 90 ppm to 1,600 ppm) and 3,446 ppm boron from top-to-bottom (665 meters – assays for clays/sediments only)*
Multi-tiered Brine System
Phased drilling has identified multiple mineralized aquifers and set foundation for drilling structural traps at depth