Nevada Lithium Project Receives Go Ahead

Nevada Lithium Project Receives Go Ahead

By: Tomas Ronolski - AllPennyStocks.com News

Monday, November 21, 2022

Lithium continues to see growing usage as a key element in rechargeable batteries. President Biden’s directive to encourage mining of critical minerals such as lithium combined with recent Exchange approval puts this  junior miner in a position to fast track development.

Rover Metals Corp. (TSXV: ROVR) received approval from the Toronto Stock Exchange to option a 100% ownership interest in a claystone lithium project located in the southwest lithium jurisdiction of Nevada, per the company’s press release, with an effective date of November 16, 2022. The land package under option is a district scale lithium claystone deposit situated on Bureau of Land Management land. 

Located in Nevada’s famous southwest lithium jurisdiction, the Let’s Go Lithium claystone property is approximately 6,000 acres in size. High-grade lithium surface samples at the project have been verified. The project includes green energy infrastructure of hydro power lines, and has direct road access, and a nearby town with a readily available work force.

Shares were trading at $0.085.

 


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