Agoracom Blog

Nevada Energy capitalizing on what Goldman Sachs calls the new gasoline in the electric vehicle revolution – lithium $BFF.ca

Posted by AGORACOM-JC at 9:32 AM on Tuesday, October 18th, 2016
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  • Works aggressively toward the acquisition of new lithium targets in Nevada, one of the most mining friendly jurisdictions in the world and figuratively in the shadows of Tesla’s Gigafactory
  • Lithium has become a permanent topographic feature of the Nevada economic landscape
  • By 2018, the Gigafactory will reach full capacity and produce more lithium ion batteries annually than were produced worldwide in 2013

Nevada Energy Metals Inc. (TSXV: BFF | OTCQB: SSMLF | Frankfurt: A2AFBV) is capitalizing on lithium, what Goldman Sachs calls the new gasoline as an enabling commodity in the electric vehicle revolution. It is approaching the market smartly to minimize risk, keep overhead low and maximize shareholder value.

Nevada Energy is an exploration company focused on the acquisition and exploration of brine lithium projects in the world-class mining jurisdiction of Nevada. But Nevada Energy found its own way to minimize risk and leverage others money to capitalize on brine to supply the expanding lithium demand.

Nevada Energy works aggressively toward the acquisition of new lithium targets in Nevada, one of the most mining friendly jurisdictions in the world and figuratively in the shadows of Tesla’s Gigafactory.

Lithium has become a permanent topographic feature of the Nevada economic landscape. Tesla broke ground on the Gigafactory in June 2014 outside Sparks, Nevada, and we expect to begin battery cell production by the end of this year. By 2018, the Gigafactory will reach full capacity and produce more lithium ion batteries annually than were produced worldwide in 2013.

To service this market Nevada Energy has acquired mineral rights to 7 properties in Nevada,

  1. A 100% option-outagreement, 3% net-smelter royalty of the Dixie Valley Project (348 of 910 total claims covering 7,363 hectares/28.4 square miles) to LiCo Energy Metals (LIC.TSXV), covering the majority of the Humboldt Salt Marsh playa in Churchill County, Nevada;
  2. Acquisitionof 100% of the Big Smokey Valley Project (160 placer claims covering 3,200 acres/1,295 hectares) located in Nye County, Nevada;
  3. Acquisitionof 100% ownership in the Black Rock Desert Project (128 claims covering 2,560 acres/1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada;
  4. A 70/30farm-out option JVto American Lithium Corp (LI.TSXV) on 77 claims in Clayton Valley, approximately 250m from the Rockwood Lithium mine, the only brine based lithium producer in North America;
  5. Acquisition of 100% in the Teels Marsh West project (100 claims covering 2000 acres/809 hectares) in Mineral County, Nevada;
  6. Acquisition of 100% ownership in the San Emidio Project (155 claims, 3,100 acres/1,255 hectares) near Empire, Washoe County, Nevada;
  7. Acquisition of the Alkali lake Project, 60% Option from Dajin Resources Corp. (191 claims covering 3,820 acres/1,558 hectares) in the Esmeralda County, Nevada.

Nevada Energy uses three time-tested approaches to maximize shareholder value:

  1. It teams up with other companies for exploration and development. This permits Nevada Energy to leverage its funds;
  2. It has formed an advisory board to streamline the selection, management and development of its lithium projects; and,
  3. It keeps overhead low even as it is well capitalized.

Incidentally, Goldman Sachs is both right and wrong about lithium being the next gasoline: the properties of lithium make it the best possible atoms for energy storage. Lithium is the lightest solid element on earth with double the energy density of the next closest alternative; it is also one of the most abundant elements on earth. These unique properties ideally position it for portable energy storage applications that will be a key enabler of the electric car revolution and replace gasoline as the primary source of transportation fuel.

Gasoline is a source of energy. But lithium is not and will never be until such time as we change the physical laws of the universe, which is safe to assume won’t happen during the four-year term of the next president of the United States.

Lithium is an atom that has the ability to store energy. It stores joules from solar, fossil, hydroelectric sources or nuclear. In reality Nevada Energy aims to provide the fuel tank to electric vehicles.

Source: http://investorintel.com/cleantech-intel/nevada-energy-corp-smart-moves-to-provide-gas-tank-to-electric-vehicles/

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