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CLIENT FEATURE: Nevada Energy Metals (BFF: TSX-V) Powering Our Green Future $BFF.ca

Posted by AGORACOM-JC at 5:04 PM on Friday, June 17th, 2016

TSX-V: BFF, (OTC Pink: SSMLF)

Why Lithium?

  • Major companies such as Sony and Panasonic got behind lithium as an anchor material in a possible successor to the lead-acid battery paradigm.
  • Although it took decades, lithium-based batteries are now the industry standard.
  • Lithium has limited supply and increasing demand.
  • Lithium seems untouched by economic downturns.
  • Lithium prices increased by about 20% in 2014 and by a larger percentage in 2015 when gas, coal and natural gas were down 50%
  • Climate change has lead to the frenzied search for green energy solution
  • Because of its high reactivity, lithium does not occur as a pure element in nature but is contained within minerals in a range of hard rock types or in brine solutions (elements contained in salty water) in salt lakes, “salars.” Lithium’s primary driver for growth is:

Batteries and grid-scale energy storage:

  • Most important use of lithium is in rechargeable lithium-ion batteries for electric vehicles, grid-scale energy storage, phones, laptops, cameras, gaming consoles and hundreds of other electronic devices.
  • Lithium-ion batteries are increasingly used for bikes, power tools, forklifts, cranes and other industrial equipment. In essence, lithium powers modern technology.

Benchmark Mineral Intelligence estimates that the

“EV market will grow five-fold between 2015 and 2020 while the market for stationary storage will increase 8-fold.”

We have already seen Tesla increase the land holding of their $5 billion under-construction lithium-ion battery factory and Faraday Future strike a deal to build a $1 billion electric car plant.

Nevada Energy Metals Acquires 100% Ownership in Clayton Valley BFF-1 Lithium Project

  • Announced acquisition of 60 claims in Clayton Valley, Esmeralda County, Nevada
  • 250 meters from Albemarle Corporation’s Silver Peak lithium mine and brine processing operations
  • Also the location of Pure Energy Minerals’ 816,000 metric tonnes Lithium Carbonate Equivalent (LCE) Inferred Resource
  • 3.5 hours away from Tesla’s Gigafactory, which has a planned annual lithium-ion battery production capacity of 35 gigawatt-hours per year by 2020
  • Aannounced that it has agreed to grant 1074654 Nevada Ltd an Option to acquire a seventy (70%) percent interest in the BFF-1 Clayton Valley Property

Nevada Energy Metals Expans Lithium Exploration Potential at San Emidio

Company has increased the exploration potential of the San Emidio property by adding 69 additional claims to its land position. The property now includes 155 claims (approximately 3,100 acres/1255 hectares) in the San Emidio Desert, Washoe County, Nevada, 95 km northeast of Reno.

Importantly, historical results by previous operators exploring the playa for lithium reported lithium value in sediments up to 312 ppm and up to 80 ppm lithium in brine from a depth of 1.5 meters.

Company acquired 160 placer claims, with an area of 3,200 acres/1,295 hectares, located in northern Big Smokey Valley, Township 13N., Range 43E, Nye County, Nevada.

BSV Property:

Big Smokey Valley is situated in central Nevada. It begins at a point 12 miles east of the town of Austin and extends approximately 100 miles in a southwesterly direction to reach a southern terminus near Clayton Valley to the west of Tonopah. Hydrologically and topographically the valley is divided into northern and southern sections by a physiographic high near the mining community of Round Mountain. The northern section, where the claims area is located contains three geothermal resources; the Darrough, the McLeod and the Spencer hot springs.

Projects

  • Acquired, by staking, 100 placer claims covering 2000 acres (809 hectares) at Teels Marsh, Nevada.
  • Property, called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America’s only producing brine based Lithium mine supporting lithium production since 1967.
  • Access to Teels Marsh is via dirt road, west of Highway 95 and northwest of Highway 360.
  • Completed an orientation survey
  • Collected twenty-seven shallow auger sediment samples
  • Lithium values ranged from 8.9 to 104.5 ppm. The two best results (93.2 and 104.5) were obtained downstream of thermal springs on the western part of the property

Teels Marsh West is a highly prospective Lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation pond, or playa (also known as a salar). Structural analysis reveals that Teels Marsh is bounded by faults and is tectonically active. Tectonic activities supply additional local permeability that could be provided by the faults that bound the graben and sub-basins.

  • Located 12 km (7.5 miles) northeast of Albemarle Corporation’s (formerly Rockwood Lithium),Silver Peaksolar evaporation ponds. Silver Peak is the only producing brine-based lithium facility in North America.
  • 60-40 earn-in joint venture with Dajin Resources Corp.
  • In addition to its proximity to Silver Peak, the property is 20 km (12.5 miles) east-northeast of Pure Energy Minerals’ Clayton Valley exploration project.
  • Preliminary data from ongoing exploration activities on the property, suggest that Alkali Lake could be situated on one of the most prospective areas in the entire basin.
  • Lithium assay results from sediment sampling carried out on the Alkali Lake property confirmed the presence of near-surface lithium at grades ranging from 73 ppm to 382 ppm.

  • Early stage exploration property, located in the northern foothills of the Alaska Range, which contains VMS (volcanogenic massive sulfide) mineralization.
  • Property is located in the east portion of the Bonnifield Mining District, central Alaska, approximately 60 mi (96 km) south of Fairbanks, Alaska (Figure 1).
  • Property consists of 36 quarter-section State of Alaska mining claims (Galleon 1-36; Appendix 1) held by Anglo Alaska Gold Corporation (AAGC). Rock Star Resources Inc (RSRI) holds the rights to a 100% earn-in interest under an agreement with AAGC to pay for exploration and make required payments.
  • Access to the Property currently is only by helicopter, or by trail from a nearby airstrip, however, strong potential exists for future development of a road connecting the Property with an existing mine road system to the west.
  • The claims are subject to a 3% Net Production Royalty to the State of Alaska beginning 3.5 years after mine start-up. All claims comprising the Galleon Property are in good standing at the time of this writing.

Energy metal markets are booming

The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor’s radar. It has been easy to take lithium for granted. This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics.

And while investors have long appreciated the steady rise in demand for this preferred mineral, the number of new applications continues to multiply. Smart phones, tablets, laptops, and other consumer electronics demand more lithium. But the largest driver for future lithium use will be in electric vehicles and home batteries for solar panels. That has lithium on the verge a boom for which supply can no longer be taken for granted.

 

CLIENT FEATURE: Nevada Energy Metals (BFF: TSX-V) Powering Our Green Future $BFF.ca

Posted by AGORACOM-JC at 1:42 PM on Tuesday, June 7th, 2016

TSX-V: BFF, (OTC Pink: SSMLF)

Why Lithium?

  • Major companies such as Sony and Panasonic got behind lithium as an anchor material in a possible successor to the lead-acid battery paradigm.
  • Although it took decades, lithium-based batteries are now the industry standard.
  • Lithium has limited supply and increasing demand.
  • Lithium seems untouched by economic downturns.
  • Climate change has lead to the frenzied search for green energy solution
  • Because of its high reactivity, lithium does not occur as a pure element in nature but is contained within minerals in a range of hard rock types or in brine solutions (elements contained in salty water) in salt lakes, “salars.” Lithium’s primary driver for growth is:

Batteries and grid-scale energy storage:

  • Most important use of lithium is in rechargeable lithium-ion batteries for electric vehicles, grid-scale energy storage, phones, laptops, cameras, gaming consoles and hundreds of other electronic devices.
  • Lithium-ion batteries are increasingly used for bikes, power tools, forklifts, cranes and other industrial equipment. In essence, lithium powers modern technology.

Benchmark Mineral Intelligence estimates that the

“EV market will grow five-fold between 2015 and 2020 while the market for stationary storage will increase 8-fold.”

We have already seen Tesla increase the land holding of their $5 billion under-construction lithium-ion battery factory and Faraday Future strike a deal to build a $1 billion electric car plant.

Nevada Energy Metals Acquires 100% Ownership in Clayton Valley BFF-1 Lithium Project

  • Announced acquisition of 60 claims in Clayton Valley, Esmeralda County, Nevada
  • 250 meters from Albemarle Corporation’s Silver Peak lithium mine and brine processing operations
  • Also the location of Pure Energy Minerals’ 816,000 metric tonnes Lithium Carbonate Equivalent (LCE) Inferred Resource
  • 3.5 hours away from Tesla’s Gigafactory, which has a planned annual lithium-ion battery production capacity of 35 gigawatt-hours per year by 2020

Nevada Energy Metals Expans Lithium Exploration Potential at San Emidio

Company has increased the exploration potential of the San Emidio property by adding 69 additional claims to its land position. The property now includes 155 claims (approximately 3,100 acres/1255 hectares) in the San Emidio Desert, Washoe County, Nevada, 95 km northeast of Reno.

Importantly, historical results by previous operators exploring the playa for lithium reported lithium value in sediments up to 312 ppm and up to 80 ppm lithium in brine from a depth of 1.5 meters.

Projects

  • Acquired, by staking, 100 placer claims covering 2000 acres (809 hectares) at Teels Marsh, Nevada.
  • Property, called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America’s only producing brine based Lithium mine supporting lithium production since 1967.
  • Access to Teels Marsh is via dirt road, west of Highway 95 and northwest of Highway 360.

Teels Marsh West is a highly prospective Lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation pond, or playa (also known as a salar). Structural analysis reveals that Teels Marsh is bounded by faults and is tectonically active. Tectonic activities supply additional local permeability that could be provided by the faults that bound the graben and sub-basins.

  • Located 12 km (7.5 miles) northeast of Albemarle Corporation’s (formerly Rockwood Lithium),Silver Peaksolar evaporation ponds. Silver Peak is the only producing brine-based lithium facility in North America.
  • 60-40 earn-in joint venture with Dajin Resources Corp.
  • In addition to its proximity to Silver Peak, the property is 20 km (12.5 miles) east-northeast of Pure Energy Minerals’ Clayton Valley exploration project.
  • Preliminary data from ongoing exploration activities on the property, suggest that Alkali Lake could be situated on one of the most prospective areas in the entire basin.
  • Lithium assay results from sediment sampling carried out on the Alkali Lake property confirmed the presence of near-surface lithium at grades ranging from 73 ppm to 382 ppm.

  • Early stage exploration property, located in the northern foothills of the Alaska Range, which contains VMS (volcanogenic massive sulfide) mineralization.
  • Property is located in the east portion of the Bonnifield Mining District, central Alaska, approximately 60 mi (96 km) south of Fairbanks, Alaska (Figure 1).
  • Property consists of 36 quarter-section State of Alaska mining claims (Galleon 1-36; Appendix 1) held by Anglo Alaska Gold Corporation (AAGC). Rock Star Resources Inc (RSRI) holds the rights to a 100% earn-in interest under an agreement with AAGC to pay for exploration and make required payments.
  • Access to the Property currently is only by helicopter, or by trail from a nearby airstrip, however, strong potential exists for future development of a road connecting the Property with an existing mine road system to the west.
  • The claims are subject to a 3% Net Production Royalty to the State of Alaska beginning 3.5 years after mine start-up. All claims comprising the Galleon Property are in good standing at the time of this writing.

Energy metal markets are booming

The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor’s radar. It has been easy to take lithium for granted. This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics.

And while investors have long appreciated the steady rise in demand for this preferred mineral, the number of new applications continues to multiply. Smart phones, tablets, laptops, and other consumer electronics demand more lithium. But the largest driver for future lithium use will be in electric vehicles and home batteries for solar panels. That has lithium on the verge a boom for which supply can no longer be taken for granted.

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Nevada Energy Metals Announces Approval for Listing in Mergent Manual and News Reports(tm) $BFF.ca

Posted by AGORACOM-JC at 9:19 AM on Tuesday, May 24th, 2016

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  • Company has been approved by Mergent’s Editorial Board and will remain “Blue-Skyed” with a new listing in Mergent Manuals and News Reports
  • Corporate profile, which includes descriptive text, data, news and financial statements, will be accessible through Mergent’s online and print products

May 24, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company” TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that the Company has been approved by Mergent’s Editorial Board and will remain “Blue-Skyed” with a new listing in Mergent Manuals and News Reports(TM). Nevada Energy Metals’ corporate profile, which includes descriptive text, data, news and financial statements, will be accessible through Mergent’s online and print products.

As part of Mergent’s listing services, the new description will be highlighted separately on www.mergent.com with an active hyperlink back to Nevada Energy Metals’ website.

The Mergent Industrial Manual and News Reports(TM) is a recognized securities manual in 39 states for purposes of Blue Sky Manual Exemption. First published in 1918, and formerly known as Moody’s(TM) Manuals and News Reports, the publication was rebranded as Mergent Manuals and News Reports when Mergent, Inc. acquired Moody’s(TM) Financial Information Services division in 1998. Nevada Energy Metals’ listing will aid in opening the company up to a much broader investment base. However, it is recommended that brokers confirm with their compliance/legal department concerning “Blue Sky” laws in specific states and other regulatory laws that might affect them.

About Mergent, Inc.

Mergent, Inc. is a leading provider of business and financial data on global publicly listed

companies. Based in the U.S, Mergent maintains a strong global presence, with offices in New York, Charlotte, San Diego, London, Tokyo, Kuching and Melbourne. Mergent operates one the longest continuously databases of descriptive and fundamental information as well as pricing and corporate action data on domestic and international companies, together with terms and conditions data on corporate and municipal bonds. Mergent subsidiaries provide services in independent equity research and administration tools for portfolio building and measurement.

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well-funded Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 87 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America. Nevada Energy Metals has also acquired, 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a highly prospective lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation lake where a phase one, 27 hole shallow auger exploration program has been completed and results are pending. Recently, the Company announced the addition of the San Emidio Desert lithium project, consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada. The Company’s first lithium project, Alkali Lake, in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp, where near surface lithium has been confirmed. The Company’s most recent acquisition is 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.

On Behalf of the Board of Directors

Rick Wilson

President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Nevada Energy Metals Acquires a Sixth Lithium Project in Nevada $BFF.ca

Posted by AGORACOM-JC at 8:18 AM on Thursday, May 19th, 2016

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  • Acquired 160 placer claims, with an area of 3,200 acres/1,295 hectares, located in northern Big Smokey Valley, Township 13N., Range 43E, Nye County, Nevada
  • begins at a point 12 miles east of the town of Austin and extends approximately 100 miles in a southwesterly direction to reach a southern terminus near Clayton Valley to the west of Tonopah

May 19, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company” (TSX-V: BFF; OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has acquired 160 placer claims, with an area of 3,200 acres/1,295 hectares, located in northern Big Smokey Valley, Township 13N., Range 43E, Nye County, Nevada.


Click Image To View Full Size

Rick Wilson, Chief Executive Officer of Nevada Energy Metals, commented: “We are thrilled about adding a sixth lithium exploration project to our growing portfolio of properties. The desert basins of Nevada are virtually unexplored by deep drilling for lithium brine deposits that are similar to Clayton Valley. I am looking forward to an exciting exploration season this year and next.”

The claims were located with the benefit of historical brine sampling results for lithium in the basin. Values were reported in the range of 130 to 155 ppm lithium for 4 samples (J.R. Davis, U.S. Geological Survey, Denver, Co.). The northern basin is fed by geothermal brines that are meteoric waters heated by relatively deep circulation in the earth’s crust. The dominant structural controls bounding the playa are high angle, large displacement “normal” faults which provide conduits for fluid migration and dictate resource localization.

Gravity survey results indicate an asymmetrical nature of the subsurface in the central and southern portions of the basin and that there is subsurface closure of the valley as it approaches Round Mountain to the south. Gravity data also indicates the presence of subsurface structural features associated with three of the known high temperature geothermal systems in the area. The depth of valley fill is calculated to be approximately 5,100 feet.

About the BSV Property:

Big Smokey Valley is situated in central Nevada. It begins at a point 12 miles east of the town of Austin and extends approximately 100 miles in a southwesterly direction to reach a southern terminus near Clayton Valley to the west of Tonopah. Hydrologically and topographically the valley is divided into northern and southern sections by a physiographic high near the mining community of Round Mountain. The northern section, where the claims area is located contains three geothermal resources; the Darrough, the McLeod and the Spencer hot springs.

Geologically the region is complex with a lithologic history extending from the pre-Cambrian to the Holocene. Rocks comprising the Toiyabe Range which forms the valley’s western boundary within the study area include Pre-Cambrian and Paleozoic siliceous, argillaceous and calcareous sediments and metasediments, Paleozoic lavas, Mesozoic intermediate to acidic intrusives, Tertiary lavas, tuffs and sediments. Geothermal evaluation studies carried out in the 1980’s included geological reconnaissance, gravity surveys, aerial photography, fluid sampling and analysis, temperature probe surveys, shallow electrical resistivity measurements and temperature gradient drilling. Quaternary to recent alluvial, fluvial, lacustrine and playa deposits form the valley floor. (Assessment of the Geothermal Resources of Carson Eagle Valleys and Big Smokey Valley, Nevada 1980).

Nevada Energy Metals has acquired a 100% interest in the property, free of royalty payments, and has agreed to pay all location and recording costs in addition to granting a 200,000 share finders fee.

Qualified Person: The technical content of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada.

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded Canadian based exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has recently completed (1) a 70/30 farm-out option JV on 77 claims in Clayton Valley, approximately 250m from the Rockwood Lithium mine, the only brine based lithium producer in North America; (2) acquisition of 100% of the Teels Marsh West project (100 claims covering 2000 acres/809 hectares) in Mineral County, Nevada; (3) acquisition of 100% ownership of the Black Rock property (128 claims covering 2,560 acres/1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada; (4) acquisition of 100% ownership in the San Emidio Project (155 claims, 3,100 acres/1,255 hectares) near Empire, Washoe County, Nevada; (5) the 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.

On Behalf of the Board of Directors

Rick Wilson, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the contents of this news release.

Nevada Energy Metals Completes Upgrade to OCTQB Venture Market $BFF.ca

Posted by AGORACOM-JC at 9:15 AM on Wednesday, May 18th, 2016

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  • Announced it has been approved to upgrade its common stock from the Pink(R) Open Market to the OTCQB(R) Venture Market under the trading symbol “SSMLF”, effective today, May 18, 2016
  • Richard Wilson, CEO stated, “The upgrade of our common stock to the OTCQB Venture Market strengthens our commitment to building a strong, profitable business which will broaden our shareholder base, improve liquidity and increase the visibility for our achievements going forward”.

Vancouver, British Columbia / May 18, 2016 – Nevada Energy Metals Inc., TSX-V: BFF (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce it has been approved to upgrade its common stock from the Pink(R) Open Market to the OTCQB(R) Venture Market under the trading symbol “SSMLF”, effective today, May 18, 2016.

Richard Wilson, CEO stated, “The upgrade of our common stock to the OTCQB Venture Market strengthens our commitment to building a strong, profitable business which will broaden our shareholder base, improve liquidity and increase the visibility for our achievements going forward”.

The OTCQB Venture Market, operated by OTC Markets Group Inc., offers transparent trading in entrepreneurial and development stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for FTE Networks at http://www.otcmarkets.com/stock/SSMLF/quote.

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well-funded Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 87 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America. Nevada Energy Metals has also acquired, 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a highly prospective lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation lake where a phase one, 27 hole shallow auger exploration program has been completed and results are pending. Recently, the Company announced the addition of the San Emidio Desert lithium project, consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada. The Company’s first lithium project, Alkali Lake, in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp, where near surface lithium has been confirmed. The Company’s most recent acquisition is 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.

On Behalf of the Board of Directors

Rick Wilson

President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Nevada Energy Metals Agrees to Joint Venture on Clayton Valley Project, Nevada $BFF.ca

Posted by AGORACOM-JC at 9:09 AM on Tuesday, May 17th, 2016

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  • Announced that it has agreed to grant 1074654 Nevada Ltd an Option to acquire a seventy (70%) percent interest in the BFF-1 Clayton Valley Property by making certain Cash Payments
  • Issuing Shares upon completion of a “Going Public Transaction”, and completing Exploration Expenditures on its property at Silver Peak, Clayton Valley, Nevada.

May 17, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc., TSX-V: BFF (OTC: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has agreed to grant 1074654 Nevada Ltd an Option to acquire a seventy (70%) percent interest in the BFF-1 Clayton Valley Property by making certain Cash Payments, issuing Shares upon completion of a “Going Public Transaction”, and completing Exploration Expenditures on its property at Silver Peak, Clayton Valley, Nevada.

Cash Payments: US$300,000 to the Optionor as follows: (i) US$100,000 on the Closing Date; (ii) US$100,000 on or before the one (1) year anniversary of the Closing Date; and (iii) US$100,000 on or before the two (2) year anniversary of the Closing Date.

Expenditures: US$1,000,000 on the exploration and development of the Property as follows: (i) US$100,000 on or before the one (1) year anniversary of the Closing Date; (ii) US$300,000 on or before the two (2) year anniversary of the Closing Date; and (iii) US$600,000 on or before the three (3) year anniversary of the Closing Date.

Share Payments: Following completion of a Going Public Transaction, the issuance of 1,200,000 common shares of the Resulting Issuer to the Optionor (the “Consideration Shares”) as follows: (i) 400,000 common shares on the Closing Date; (ii) 400,000 common shares on or before the one (1) year anniversary of the Closing Date; and (iii) 400,000 common shares on or before the two (2) year anniversary of the Closing Date. All Consideration Shares will be subject to a four-month statutory hold period.

Following exercise of the Option, the Optionee shall have a seventy (70%) interest in and to the Property, with the Optionor retaining the balance. Thereafter, the parties will work diligently and in good faith to negotiate the terms of a joint venture to advance development of the Property. The joint venture will provide that expenditures on the Property will be funded on a pro rata basis, based upon the respective parties proportionate interest in the Property. In the event any one party declines to fund the expenditures in proportion to their interest, their respective interest in the joint venture shall be reduced accordingly, provided that no party shall be diluted below a fifteen (15%) interest in the Property.

Closing of the transaction, and the grant of the Option, will occur on the date which is five (5) business days following completion of a Going Public Transaction (the “Closing Date”). The Closing Date must occur within sixty (60) days of the execution of this term sheet, unless otherwise agreed by the parties, provided that if the Closing Date does not occur within thirty (30) days of the execution of this term sheet, the Optionee shall make a payment of US$25,000 to the Optionor (the “Deposit Payment”). The Deposit Payment shall be credited against the Cash Payments owing pursuant to the Option, and shall not be refundable by the Optionor in the event closing does not occur for whatever reason. The parties agree to work diligently and in good faith to negotiate the terms of a definitive agreement to reflect the transaction described herein (the “Definitive Agreement”), and will use their best efforts to execute the Definitive Agreement on or before May 31, 2016.

Rick Wilson, Chief Executive Officer of Nevada Energy Metals, commented: “We are excited about having a partner with which to advance our Clayton Valley property. This agreement is a first step in fulfilling our promise as an asset builder and project generator. The BFF-1 Project covers an area similar to the structural and geologic settings at Albemarle’s Silver Peak lithium-brine operation and lies only two hundred meters to the north west side of their property. We look forward to an exciting exploration program being carried out in the months ahead.”

About the Clayton Valley BFF-1 Project:

The Clayton Valley BFF-1 Project is an early-stage lithium brine prospect in Esmeralda County, Nevada. A total of 77 placer claims cover an area about 623 ha (1,540 acres) on the north-western side of the original Clayton Valley playa. The property position covers an inferred graben bounded by the Silver Peak Range front on the west and an outlier of Paleozoic rocks known as Goat Island on the east. The exploration concept is the graben is a sub-basin of the larger Clayton Valley basin and may represent a secondary trap for lithium brines within the greater system.

The Clayton Valley BFF-1 NI 43-101 Technical Report by Alan Morris, CPG, QP, states “The property has strong potential to host Lithium brine deposits in favorable geologic horizons within the basin fill. Another possible target is lithium enriched clay within the fill package and potentially in previous high stands of the playa.” (April, 2016)

Geologic and geophysical mapping conducted for geothermal exploration and documented by Hulen (2008) indicates previously unrecognized, deep graben lying between the Silver Peak range front and outcrops of Paleozoic rocks at Goat Island and Alcatraz Island. This area was their target zone for a deep circulating geothermal system they hoped to exploit for geothermal power. This graben is the main target for lithium brine as it may represent a separate sub-basin in Clayton Valley that holds brines not subject to pumping by production wells on the east side of the main valley. Exposed mineralization is confined to salt crust on the playa surface and other locations in the valley.

Western Geothermal Partners drilled a 120 meter (400 foot) geothermal gradient test well in 2006 on what is now the Clayton Valley BFF-1 project. Bottom hole temperature was 50?C (122?F) which showed moderate potential for geothermal power. Of significance, the well encountered a 25-foot-thick zone of volcanic ash reportedly similar to the Main Ash Aquifer in the Clayton Valley lithium operation. The presence of any felsic ash in this hole is significant in light of that it is the presumed source for at least some of the lithium in the brines (Price et al, 2000).

Qualified Person: The technical content of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well-funded Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 87 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America. Nevada Energy Metals has also acquired, 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a highly prospective lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation lake where a phase one, 27 hole shallow auger exploration program has been completed and results are pending. Recently, the Company announced the addition of the San Emidio Desert lithium project, consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada. The Company’s first lithium project, Alkali Lake, in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp, where near surface lithium has been confirmed. The Company’s most recent acquisition is 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.

On Behalf of the Board of Directors

Rick Wilson

President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Nevada Energy Metals Acquires Black Rock Lithium Project $BFF.ca

Posted by AGORACOM-JC at 9:06 AM on Friday, May 13th, 2016

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  • Announced that it has increased its lithium brine exploration assets through the 100% acquisition of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.
  • western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada
  • Company plans to carry out an exploration program this summer to determine the potential for a lithium brine deposit

May 13, 2016 / Vancouver, British Columbia- Nevada Energy Metals Inc. “the Company” (TSX-V: BFF; OTC: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has increased its lithium brine exploration assets through the 100% acquisition of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. The major population center is the town of Gerlach, which lies 177 kilometers north of Reno.


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The western arm of the Black Rock Desert covers an area of about 2,000 square kilometers and contains 5 of the 30 currently listed Known Geothermal Resource Areas in Nevada. The property covers an area of playa underlain by a moderately deep basin interpreted from gravity and seismic surveys indicating a maximum thickness of valley-fill deposits of about 1,200 m/ 3,600 ft. A high salt content prevents any significant vegetation from growing on the playa surface. Locally, the basin is being fed in part by boiling springs and siliceous sinter containing strongly anomalous Lithium values (up to 3.5 ppm) that flank the property on the west side. (U.S. GEOLOGICAL SURVEY Open-File Report 81-918.) While these lithium values are well below those of producing lithium bines, they do represent a significant source of metal available for evaporative concentration within the playa basin.

The company plans to carry out an exploration program this summer to determine the potential for a lithium brine deposit. The exploration program will consist of shallow sampling followed by a high resolution geophysical program to define potential drill targets.

Nevada Energy Metals has acquired a 100% interest in the property, free of royalty payments, and has agreed to pay all location and recording costs in addition to granting a 200,000 share finders fee.

Qualified Person: The technical content of this news release has been reviewed and approved by Alan Morris CPG, Elko, Nevada

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded Canadian based exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has 100% ownership in 78 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America. Nevada Energy Metals has also acquired, 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a highly prospective lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation lake where a phase one, 27 hole shallow auger exploration program is in progress. Recently the Company announced the addition of the San Emidio Desert lithium project, consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada. The Company’s first lithium project, Alkali Lake, in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp, where near surface lithium has been confirmed. The Company’s most recent acquisition is 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.

On Behalf of the Board of Directors

Rick Wilson, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CLIENT FEATURE: Nevada Energy Metals (BFF: TSX-V) Powering Our Green Future $BFF

Posted by AGORACOM-JC at 12:01 PM on Friday, April 29th, 2016

TSX-V: BFF, OTC Pink: SSMLF

Why Lithium?

 

  • Major companies such as Sony and Panasonic got behind lithium as an anchor material in a possible successor to the lead-acid battery paradigm.
  • Although it took decades, lithium-based batteries are now the industry standard.
  • Lithium has limited supply and increasing demand.
  • Lithium seems untouched by economic downturns.
  • Lithium prices increased by about 20% in 2014 and by a larger percentage in 2015 when gas, coal and natural gas were down 50%
  • Climate change has lead to the frenzied search for green energy solution
  • Because of its high reactivity, lithium does not occur as a pure element in nature but is contained within minerals in a range of hard rock types or in brine solutions (elements contained in salty water) in salt lakes, “salars.” Lithium’s primary driver for growth is:

Batteries and grid-scale energy storage:

  • Most important use of lithium is in rechargeable lithium-ion batteries for electric vehicles, grid-scale energy storage, phones, laptops, cameras, gaming consoles and hundreds of other electronic devices.
  • Lithium-ion batteries are increasingly used for bikes, power tools, forklifts, cranes and other industrial equipment. In essence, lithium powers modern technology.

Benchmark Mineral Intelligence estimates that the

“EV market will grow five-fold between 2015 and 2020 while the market for stationary storage will increase 8-fold.”

We have already seen Tesla increase the land holding of their $5 billion under-construction lithium-ion battery factory and Faraday Future strike a deal to build a $1 billion electric car plant.

Nevada Energy Metals Acquires 100% Ownership in Clayton Valley BFF-1 Lithium Project

  • Announced acquisition of 60 claims in Clayton Valley, Esmeralda County, Nevada
  • 250 meters from Albemarle Corporation’s Silver Peak lithium mine and brine processing operations
  • Also the location of Pure Energy Minerals’ 816,000 metric tonnes Lithium Carbonate Equivalent (LCE) Inferred Resource
  • 3.5 hours away from Tesla’s Gigafactory, which has a planned annual lithium-ion battery production capacity of 35 gigawatt-hours per year by 2020

Nevada Energy Metals Expans Lithium Exploration Potential at San Emidio

Company has increased the exploration potential of the San Emidio property by adding 69 additional claims to its land position. The property now includes 155 claims (approximately 3,100 acres/1255 hectares) in the San Emidio Desert, Washoe County, Nevada, 95 km northeast of Reno.

Importantly, historical results by previous operators exploring the playa for lithium reported lithium value in sediments up to 312 ppm and up to 80 ppm lithium in brine from a depth of 1.5 meters.

Projects

  • Acquired, by staking, 100 placer claims covering 2000 acres (809 hectares) at Teels Marsh, Nevada.
  • Property, called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America’s only producing brine based Lithium mine supporting lithium production since 1967.
  • Access to Teels Marsh is via dirt road, west of Highway 95 and northwest of Highway 360.

Teels Marsh West is a highly prospective Lithium exploration project, 100% owned without any royalties, located on the western part of a large evaporation pond, or playa (also known as a salar). Structural analysis reveals that Teels Marsh is bounded by faults and is tectonically active. Tectonic activities supply additional local permeability that could be provided by the faults that bound the graben and sub-basins.

  • Located 12 km (7.5 miles) northeast of Albemarle Corporation’s (formerly Rockwood Lithium),Silver Peaksolar evaporation ponds. Silver Peak is the only producing brine-based lithium facility in North America.
  • 60-40 earn-in joint venture with Dajin Resources Corp.
  • In addition to its proximity to Silver Peak, the property is 20 km (12.5 miles) east-northeast of Pure Energy Minerals’ Clayton Valley exploration project.
  • Preliminary data from ongoing exploration activities on the property, suggest that Alkali Lake could be situated on one of the most prospective areas in the entire basin.
  • Lithium assay results from sediment sampling carried out on the Alkali Lake property confirmed the presence of near-surface lithium at grades ranging from 73 ppm to 382 ppm.

  • Early stage exploration property, located in the northern foothills of the Alaska Range, which contains VMS (volcanogenic massive sulfide) mineralization.
  • Property is located in the east portion of the Bonnifield Mining District, central Alaska, approximately 60 mi (96 km) south of Fairbanks, Alaska (Figure 1).
  • Property consists of 36 quarter-section State of Alaska mining claims (Galleon 1-36; Appendix 1) held by Anglo Alaska Gold Corporation (AAGC). Rock Star Resources Inc (RSRI) holds the rights to a 100% earn-in interest under an agreement with AAGC to pay for exploration and make required payments.
  • Access to the Property currently is only by helicopter, or by trail from a nearby airstrip, however, strong potential exists for future development of a road connecting the Property with an existing mine road system to the west.
  • The claims are subject to a 3% Net Production Royalty to the State of Alaska beginning 3.5 years after mine start-up. All claims comprising the Galleon Property are in good standing at the time of this writing.

Energy metal markets are booming

The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor’s radar. It has been easy to take lithium for granted. This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics.

And while investors have long appreciated the steady rise in demand for this preferred mineral, the number of new applications continues to multiply. Smart phones, tablets, laptops, and other consumer electronics demand more lithium. But the largest driver for future lithium use will be in electric vehicles and home batteries for solar panels. That has lithium on the verge a boom for which supply can no longer be taken for granted.

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