Nevada Lithium Announces Rare Earth Elements Within its Bonnie Claire Lithium Project

Nevada Lithium Resources Inc. has announced a significant development at its 100% owned Bonnie Claire lithium project in Nye County, Nevada, with the identification of rare earth elements mineralization within existing drill core from its 2024 work program. The discovery represents a potential value-add opportunity for the project, which already hosts lithium and boron resources outlined in the company's 2025 Preliminary Economic Assessment.

The company plans to conduct additional work to map the distribution of REE across the Bonnie Claire property and evaluate the feasibility of extracting rare earth elements alongside lithium and boron within the existing processing flowsheet. This integrated approach could potentially enhance the project's economics by creating multiple revenue streams from a single operation, particularly given the strategic importance of rare earth elements.

The timing of this discovery is particularly significant given the inclusion of rare earth elements on the US Department of Interior's 2025 Critical Minerals List, reflecting their strategic importance for technological applications and national security. As governments and industries worldwide prioritize securing critical mineral supplies, projects like Bonnie Claire that can potentially produce multiple critical materials become increasingly valuable.

For Nevada Lithium Resources, this development represents an opportunity to differentiate its project in the competitive lithium space while potentially improving project economics through the recovery of high-value rare earth elements. The company's next steps will focus on quantifying the REE resource and determining optimal extraction methods within the existing operational framework.