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Quality Project Recommendation: Tonopah Lithium Claims

Location

The TLC claims are located 6 miles northwest of Tonopah in Big Smoky Valley in Nevada, USA.

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TLC Project NI 43-101 Compliant Resource Statement

· Lithium Resource estimate was published on 15 April 2020

· Results show that all lithium resources on the TLC Property are mineable with a favorable stripping ratio

· Measured and Indicated: 5.37m tonnes LCE

· Inferred: 1.76m tonnes LCE

· Initial resource estimate indicates that TLC is a quality asset and recommends the company embarks on its PEA to progress the project


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Project Highlights

· Expansive, near-surface deposit (3,343 ha)

· Existing resource:

ü Measured & Indicated: 5.37 million tonnes LCE

ü Inferred: 1.76 million tonnes LCE

· Near surface resource amenable to low-cost, sustainable mining methods

· Targeting production of battery-grade lithium

· Supportive government and local communities

· 3.5 hours drive to Tesla’s giga-factory

· Co-recipient of US DoE $2.54 M government grant

· Advancing towards a PEA and pilot production

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

For more information, please feel free to contact MiningComm Platform.


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