Future Battery Minerals unearths lithium claystones at Nevada Project in the US

Sustainability focused mining company Future Battery Minerals (ASX:FBM) will launch phase two drilling at the company’s 80% owned Nevada Lithium Project in late Q2 2023.

Exploration drilling, planning, and permitting is already well underway and today (13 April) the company confirmed the discovery of lithium-bearing claystones at the Nevada Lithium Project in the US.

The company reports the maiden 2,900m reverse circulation (RC) drilling program completed in March 2023 has discovered lithium-bearing claystone lithologies of the Siebert Formation

Thick, ‘high-grade’ lithium claystones were intersected in 4 drillholes at Western Flats which neighbours American Lithium’s (TSXV:LI) TLC deposit, and American Battery Technology’s (OTCQB:ABM) Tonopah Flats deposit.

Future Battery Minerals reports these lithium claystone intercepts are of similar grade and thickness to those reported by American Lithium and American Battery Technology.

The company also says lithium claystones were also intercepted in a drillhole at the San Antone East prospect, highlighting the potential for further mineralisation in this prospect.

‘Significant’ intercepts from the program include WF23-011 with 109.7m @ 766 parts per million (ppm) Li from 135.6m including, 29m @ 1,010ppm li from 210.3m; WF23-006 with 44.2m @ 570ppm Li from 169.2m including, 1.5m @ 1,080ppm Li from 201.2m; and WF23-001 with 35.1m @ 463ppm Li from 106.7m including, 9.1m @ 669ppm Li from 108.2m.

Commenting on the results, Future Battery Minerals Technical Director, Robin Cox says: “This is an exceptional start to our early-stage exploration efforts at Nevada. The results at Western Flats, and in particular the thick intercept of 109.7m @ 766ppm Li, has confirmed the discovery of high-grade and thick Li-claystones at the NLP.

The aim of the maiden drilling program was to conduct wide spaced stratigraphic drilling to identify claystone’s analogous to the host unit at TLC and Tonopah Flats. The results have far exceeded all expectations, which is a credit to our in-country team who have done a remarkable job planning and executing the maiden drill program.

“The company is now keenly planning the phase two RC drilling program, in conjunction with drilling the exciting new West Australia lithium discovery at Kangaroo Hills”

The company is now keenly planning the phase two RC drilling program, in conjunction with drilling the exciting new West Australia lithium discovery at Kangaroo Hills.”

Future Battery Minerals reports the open area surrounding WF23-011 will be subject to further drilling and exploration work in the upcoming phase two drilling program. The company says it has already begun planning and permitting for this program, which will aim to test strike continuation of mineralisation in WF23-011.

This will include further testing of Western Flats and extending to the Lone Mountain prospective claim group boundary. Future Battery Minerals is also planning to selectively test the remaining Nevada Lithium Project prospects, which consists of Fraction, Heller, San Antone North, and San Antone West.

Ground works and drilling is expected to begin from late May to early June, and will consist of 2,500m of RC drilling. The company reports it has gathered an ‘effective’ in-country team who will continue to manage all on-ground exploration with direction and supervision from Future Battery Minerals’ Western Australia-based management.

Future Battery Minerals is an Australian battery metals exploration company with a portfolio of projects across Australia and the US. Along with the Nevada Lithium Project in the US, the company currently holds the Kangaroo Hills, Nepean, Saints, and Leinster projects in Western Australia, as well as the Arden, Bonaventura, and Torrens East projects in South Australia.

Images: Future Battery Minerals Ltd
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.