TLC LITHIUM PROJECT, NEVADA

PROJECT OVERVIEW

The TLC Project is a near-surface “Made in America” lithium deposit – one that is amenable to low-cost, sustainable mining methods. Studies show that no protected plant or wildlife species are impacted by our operations. 

The project itself is also located near the regional hub and county seat in the town of Tonopah, Nevada. Logistics (paved roads, power, etc.) are superior for development and water resources are not constricted as at Clayton Valley. In May 2020, a maiden mineral resource was established. TLC currently hosts 3.35Mt lithium carbonate equivalent (LCE) measured resources, 2.02Mt LCE indicated resources and 1.76Mt LCE inferred resources.

The Company, upon receiving its new approved Plan of Operations, has commenced a large exploration drill campaign for the purpose of upgrading and expanding the existing deposit at TLC, in preparation for completion of the Company’s Maiden PEA by mid-2022 and commencing on feasibility by the end of the year.

PROJECT HIGHLIGHTS

  • Near surface resource amenable to low-cost, sustainable mining methods
  • Targeting production of battery-grade lithium
  • Advancing towards a PEA and pilot production

Lithium Carbonate Equivalent (LCE)

0 M tonnes LCE
Measured Resources
0 M tonnes LCE
Indicated Resources
0 M tonnes LCE
Inferred Resources

3,343 Ha Expansive, Near-surface Deposit

3.5hrs drive to Tesla's giga-factory

Supportive government and local communities

Baseline studies have confirmed no species or habitat protected under the Endangered Species Act are present within the Project Area

ADVANTAGES

Environmental Advantages

No Water Issues

  • Entire resource above the water table
  • No groundwater, run-off or watershed issues
  • Water rights secured

No Endangered Species

  • Baseline studies have confirmed no species or habitat protected under the Endangered Species Act

Low Deleterious Elements

  • Low mercury, low arsenic, low radioactivity (uranium)
  • Low contaminants in waste material

Life Cycle Assessments

  • Minviro Sustainability Consultants to provide life cycle assessments for the production of battery grade lithium, focusing on minimizing environmental impacts.

Processing Advantages

Simple Lithium Upgrading

  • Gravity separation upgrades lithium
  • Achieved results up to 1300→ 2200 ppm

Unique Claystone Characteristics

  • Near surface, easy to mine, highly leachable
  • Lithium is weakly bound to the clays

LOCATION

The TLC claims are located 6 miles northwest of Tonopah in Big Smoky Valley, which is best known for hosting a large solar power plant. TLC’s proximity to Tonopah offers ready access to paved roads, electricity, water and skilled labor. The region is a center of epithermal mineralization that produced 138 million ounces of silver, as well as considerable molybdenum output too.

MINERAL RESOURCES

The 2019 drill program intersected samples up to 2,460 ppm lithium with numerous samples over 1,000 ppm lithium. Surface grab samples taken on the TLC claims, assay from 220 ppm to 1810 ppm lithium, with multiple samples above 1,000 ppm lithium. Clay, silt, volcanic ash and diatomaceous earth are interlayered with sandstone and conglomerate. 


In May 2020, a maiden mineral resource was established. TLC currently hosts 3.35Mt lithium carbonate equivalent (LCE) measured resources, 2.02Mt LCE indicated resources and 1.76Mt LCE inferred resources.

HISTORY

Tonopah is an unincorporated town and county seat of Nye County, Nevada, United States. It is located at the junction of U.S. Routes 6 and 95, approximately midway between Las Vegas and Reno. It is home to the second-richest silver strike in Nevada history and was explored extensively since the early 1900s.

The TLC project is a new lithium claystone discovery located to the northwest just outside of Tonopah.