Gold Ventures 🟑
Gold Ventures 🟑

@TheLastDegree

6 Tweets 5 reads May 30, 2023
Opportunities like GMV Minerals don't come around often
A low-capex project in a mining friendly state with an NPV offering tremendous upside from current levels
And now with a Lithium asset in Nevada, from which details are emerging
@GMVMinerals
/1
Their newest addition is the Daisy Creek project in Lander County Nevada
A small county home to SSR Mining's 220Koz/yr Marigold mine
Located near several operating gold mines and access to power, water and highways
A project explored in 70s and 80s for uranium
/2
Phillips Uranium hit lithium in at least 2 drill holes with values up to 2%
They noted that the lithium was likely contained in hectorite, a Li-bearing clay mineral found in altered volcanic tuffs
Daisy Creek sits in a claystone filled basin with underlying volcanic rocks
/3
The 2 geologists that worked for Phillips at the time started staking the land around those lithium-rich drill holes
They noted the similarities between Daisy Creek and Lithium America’s Thacker Pass discovery, also in Nevada
One of the largest Lithium deposits worldwide
/4
The area where Phillips Uranium drilled will get re-drilled by GMV to confirm these historical results
Besides significantly expanding the understanding of the basin
These results could really light the lit from under GMV's shareprice
$GMV.V Already mind-blowinlgy cheap
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Cheers, GV
/end

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