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Monday, 04/23/2012 2:20:02 PM

Monday, April 23, 2012 2:20:02 PM

Post# of 13035
ABOUT NEW AMERICA ENERGY CORP. $NECA

http://newamericaenergycorp.com/



New America Energy Corp. (NECA: OTCBB) is a Nevada-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the continental United States. Currently the company controls approximately 5600 acres in the Nevada.

The Mud Lake lithium project property is located nine miles southwest of Tonopah Nevada in the Ralston Valley. The Mud Lake property consists of twenty placer claims in Nye County. The Ralston basin, which contains Mud Lake, appears to have similar geological features that provided both a source and trap for lithium brines found in Clayton Valley which is located 29 miles west from the property.

The Clayton Ridge lithium project property is located adjacent to the Clayton Valley Playa on the southern extension of the Clayton Ridge Trough. The claim is approximately 5 miles southwest of the Chemetall Foote lithium processing plant

Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.The Company intends to explore the property to determine if lithium evaporates and brine deposits have formed at depth similar to those found at Clayton Valley.

In 1979, the U.S. Department of Energy through the U.S. Geological Survey ("USGS") conducted a regional lithium project which included sampling, gravity and seismic surveys on the New America Energy property.





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