- Rover Metals (ROVR) has signed a letter of intent to option total ownership in a claystone lithium project located in Nevada
- Rover’s CEO, Judson Culter, sat down with Daniella Atkinson to discuss the news
- The land package under option is a district-scale lithium claystone deposit situated on Bureau of Land Management land
- The company has outlined a US$200,000 reverse circulation drill program to follow up on the high-grade areas of the project
- Rover Metals (ROVR) opened trading at $0.09 per share
Rover Metals (ROVR) has signed a letter of intent to option total ownership in a claystone lithium project located in Nevada.
The land package under option is a district-scale lithium claystone deposit situated on Bureau of Land Management land.
The company has verified high-grade lithium surface samples at the project.
Highlights of surface grab samples:
- Sample# AMZ-8 of 780ppm Li
- Sample# AMZ-26 of 910ppm Li
- Sample# AMZ-28 of 710ppm Li
Based on these results, the company has outlined a US$200,000 reverse circulation drill program to follow up on the high-grade areas of the project.
The project includes green energy infrastructure of hydropower lines, direct road access, and a nearby town.
Rover’s CEO, Judson Culter, sat down with Daniella Atkinson to explain that the Biden Administration’s Bill for Inflation Reduction and Energy puts milestones in place for critical minerals like Lithium to be effective on January 1, 2023.
“Rover’s management looked all over the U.S. and Canada and ultimately decided on Nevada as the best jurisdiction to advance a lithium project. Yes, the project is greenfields in nature; however, Rover’s management team has a proven track record in deploying millions of dollars in exploration capital into mineral resource projects. We see tremendous near-term growth in this project.
Rover is a junior mining company developing critical mineral and precious metal projects in Canada and the U.S.
Rover Metals (ROVR) opened trading at $0.09 per share.
