https://www.miningweekly.com

Acquisition to bolster Clear Sky’s lithium potential in Nevada

8th August 2022

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

Mineral exploration and development company Clear Sky Lithium has entered into a property option agreement with miner Halo Lithium, pursuant to which it has been granted the right to acquire the Halo project, in Nevada.

The acquisition of the project, which comprises 98 mineral claims, will “significantly broaden [Clear Sky’s] project base in Nevada”, says CEO Patrick Morris.

The Halo project directly borders other projects that have shown lithium enrichment in the area, namely American Lithium’s TLC project and American Battery Metals’ Tonopah Flats project.

“We believe Halo is underlain by the same geologic formation that hosts the TLC deposit, and we feel that this groundbreaking opportunity will allow us to achieve our goal of becoming a major player in the region and, ultimately, a contributor to the lithium supply chain,” Morris says.

Under the terms of the agreement, Clear Sky will pay Halo Lithium $750 000 in three tranches.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.046 1.166s - 111pq - 2rq
Subscribe Now