ELi is a 100%-owned 26-claim claystone lithium property spanning Eureka and Nye counties in central Nevada. Historical and issuer surface sampling identified lithium-bearing lacustrine sediments, but the property was impaired to a nominal C$1 carrying value in August 2024 and POWR states that substantive exploration is neither budgeted nor planned. The property is subject to a 2% gross-returns mineral production royalty.
- Country
- United States
- Commodity
- Li
- Stage
- Exploration