The Bonnie Claire property is located within Sarcobatus Valley, which is approximately 30 kilometers long and 20 kilometers wide. According to Iconic Minerals, quartz-rich volcanic tuffs containing anomalous amounts of lithium occur within and adjacent to the valley.
“Drill results from the salt flat have included lithium values as high as 2550 ppm Li and a 1560 foot (roughly 475 meters) vertical intercept that averaged 1153 ppm Li. The current 43-101 report on the project notes that, with a cutoff grade of 600 ppm Li and an average grade of 1,027 ppm Li, one square mile contains an inferred resource of 5.025 billion kilograms Li,” the media brief states.