The lithium space is becoming a frantic game of who can get...

The lithium space is becoming a frantic game of who can get their hands on the choicest new mining acreage .

And in North America, it’s all going down in the state of Nevada, which is the staging ground for a U.S. lithium boom that will feed the manufacturing beasts for everything from EVs, battery gigafactories, powerwalls and energy storage solutions to the long and growing list of consumer electronics that we use every day.

It is no less than a global scramble to secure new lithium supplies. Even before Tesla unveiled the Model 3 to smashing success, Goldman Sachs was predicting that for every 1% rise in EV market share, lithium demand would rise by 70,000 tons per year, and that overall, the lithium market could triple in size by 2025 just on the back of electric vehicles.

To ensure the success of its electric vehicles, Tesla is building a battery gigafactory just outside of Reno, Nevada, and it’s hoping to have enough lithium to make enough batteries to power 500,000 cars by 2020,

Logically, it’s hoping to be able to source that lithium from Nevada as well, and all the new entrants into the lithium space are hungry to be put on Tesla’s future supplier list.

All of this has made a previously dusty and unattractive area of Nevada—Clayton Valley—one of the most important and significant places in America. But Clayton Valley may just be the beginning.

According to Malcolm Bell, advisory board member and head of acquisitions for Nevada Energy, Nevada may have a lot of fault traps outside of Clayton Valley with potential lithium deposits “hiding in plain sight”.

“The lithium business is not a flash in the plan; it is here to stay, and looking at it like the start of the oil boom in the U.S. when there were oil rigs and derricks nearly every 50 feet,” industry veteran Bell told Oilprice.com. And Nevada Energy Metals understands that lithium is exactly the mineral that is powering our future.

“Thanks to visionaries like Elon Musk, who has turned the transportation industry on its ear, we have a new commodity that looks like it is here to stay a lot of people underestimate the green energy movement and the role that Lithium plays in it.
”
The electric car is no longer elite. Now it’s for the masses, and the masses will need more lithium than we can currently get our hands on. It’s a wide-scale energy revolution that will end being—in hindsight—the first nail in the coffin for fossil fuels and the heralding of a new era of lithium, the “white petroleum”.

Conventional wisdom suggests that hard rock lithium mining occupies a much larger environmental footprint, takes a longer time from exploration to production and is more expensive than brine harvesting methodologies.

This alone makes old fashioned hard rock mining less and less popular around the globe. Materials like lithium are undergoing a paradigm shift.

Drilling for a lithium brine deposit involves fewer steps, roadblocks, delays, time, surprises and capital compared to hard rock.

Far fewer and typically shallower holes are required. With modern imaging and mapping technologies and without nearly as much effort or expense, a possible deposit is identified. A key attribute is that delineating size, grade and composition of favorable and unfavorable elements can be accomplished by pumping up brine samples. Many of the detrimental things about hard rock mining alluded to are avoided.

Seems there is an ongoing future for lithium..CAD is well placed and with their lithium Brine projects all they need is for 1 or 2 to make a hit then we are off and running....all we need is to get these BLMs approved and the planned drilling can commence..GLTAH..