Tuesday, January 17, 2012 10:04:11 PM
NECA - Lots of chatter - keeping an eye on this one tomorrow. I like the SS !!
Shares Outstanding 51,531,294 a/o Dec 23, 2011
Float Not Available
Authorized Shares 75,000,000 a/o Jan 11, 2012
Mud Lake
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 covering approximately 3200 acres in Nye County and is readily accessible year round.
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. 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 Ralston basin drainage area covers 3189 square miles and contains centers of volcanic activity of the style that can form lithium sources for subsequent accumulation in a low point of the valley at Mud Lake. 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.
Shares Outstanding 51,531,294 a/o Dec 23, 2011
Float Not Available
Authorized Shares 75,000,000 a/o Jan 11, 2012
Mud Lake
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 covering approximately 3200 acres in Nye County and is readily accessible year round.
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. 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 Ralston basin drainage area covers 3189 square miles and contains centers of volcanic activity of the style that can form lithium sources for subsequent accumulation in a low point of the valley at Mud Lake. 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.
Didn't do your
DD, did you !
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