Iconic Minerals Ltd. press release

Nevada Lithium Announces Filing of NI 43-101 Preliminary Economic Assessment Technical Report for the Bonnie Claire Lithium Project, Nye County, Nevada

2021-10-27

TSXV - TSX Venture Exchange · Lithium · Potash · Rare Earth Elements · Gold · Silver · Canada · Technical Studies

PR Newswire

VANCOUVER, BC , Oct. 27, 2021 /PRNewswire/ - October 27, 2021 –Nevada Lithium Resources Inc. (the " Company ") (CSE: NVLH) (FSE: 87K ) announces filing of a National Instrument 43-101 (NI 43-101) Technical Report titled " _Preliminary Economic Assessment NI 43-101 Technical Report, Bonnie Claire Lithium Project, Nye County, Nevada " (Effective date of August 20, 2021 , and Issue date of September 23, 2021 ) _. Results of the Preliminary Economic Assessment were announced on October 13, 2021 . The full technical report is available on SEDAR at www.sedar.com and on the Company website, http://www.nvlithium.com

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About Nevada Lithium Resources Inc.

Nevada Lithium Resources Inc. is a mineral exploration and development company in the business of acquiring, exploring, evaluating, and developing natural resource properties. The Company currently owns 20% of the Bonnie Claire Lithium Project, Nevada , and holds an Option to acquire an additional 30% interest, for a combined 50% interest in the Project. The Bonnie Claire Project is prospective for sediment-hosted lithium and lithium brines, and currently hosts one of the largest lithium resources in North America .

ON BEHALF OF THE BOARD of DIRECTORS

Nevada Lithium Resources Inc.

"Kelvin Lee"

Kelvin Lee , CFO and Director

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the word "will" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon.. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

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SOURCE Nevada Lithium Resources Inc