• Property Overview

Bonnie Claire is a 100% owned lithium brine property comprising of 23,100 acres of contiguous placer claims, currently in control of 28.75 square miles (75 km2) located in Nye County, Nevada.  The property area is contained within a valley that is 60kms from the only producing lithium mine in North America (Albermarle Silver Peak Mine).  Bonnie Claire's valley is over +20 miles (+30 km) long and 12 miles (20 km) wide into which streams from an +800 mi2 (2,070 km2) drainage basin empty. The source rocks are quartz-rich volcanics that contain anomalous amounts of lithium.  

Sampling of salt flats within the basin, have found lithium values in salt samples yielding up to 340 ppm. The deeper part of a gravity low within the valley is 12 miles (20 km) long and initial estimates are the depth to bedrock ranges from 1,500 to 2,000 feet (460-610 m) within this gravity low.  

The current claim block covers the gravity low and associated mud flats that could be used for evaporation ponds if significant lithium brines are discovered in drilling.

Bonnie Claire Lithium Brine Property

Bonnie Claire Lithium Brine Signature

Basin and Range faulting initiated 16 million years ago created several enclosed basins in Nevada.  Before and during this faulting caldera related volcanism deposited large volumes of quartz-rich tuffs and ash flows containing anomalous amounts of lithium.  In the last 5 million years there was a transition from humid to arid conditions in western Nevada, drying up Lakes and forming several enclosed basins.  Over thousands of years of erosion and deposition in these basins brines formed in permeable host rocks and were then buried.  Some of these brines are rich in lithium.

Characteristics of Lithium Brines (Globally):

  1.         Arid climate
  2.         Closed basin containing a playa
  3.         Tectonically driven subsidence
  4.         Associated volcanic or geothermal activity
  5.         Suitable lithium source rocks
  6.         One or more adequate aquifers
  7.         Sufficient time to concentrate a brine
 

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Comparatively to several Nevada basins that have been studied, the Bonnie Claire has all of the characteristics to be of significant size potential for a producing lithium project.     

                     

Bonnie Claire

Drainage Basin  (20 x 30 kms)

830 square miles (1 1/2 times larger than Clayton Valley)

Gravity Lows

(length)

20 x 30 kms

Valley Sediment (Range)

460 – 610m

(1,500 to 2,000ft)

Identfied Trapped Brine Horizon

930 feet average thickness

BLM Drilling Permits

Up to 6 wells permitted for drilling (Drilling Program #1 and #2)

MT Geophysics Soundings (Ohms)

0.25 Ohms (highly conductive)

Drilling Program

 Drilling completion of first of three test wells

Water Right Permits

Permits granted to convert 3 test wells into production wells; additional water permits pending 

IMAG3593

 

 

Phase 1 Drilling Program - Drill Hole Location Map

Phase 1 Drilling Program

 

MT Geophysics Interpretation

 

MT Geophysics

 


 
   
 

   
 

   

Lithium Brine Benefits

 
üLower Cost Exploration
Easy access because flat and arid
Decreased environmental impact
üShorter Timeline to Production
üRequires Less Capital
üLower Cost Production than bedrock
üFound beneath salt flats in brine bearing aquifers
üEasily pumped to Surface from vertical production well
üAfter evaporation lithium recovered in small on site mill
üPotassium may also be recovered
üNevada is a Geopolitically Stable Jurisdiction
P1020236

 

 

Contact

 

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About

Iconic Minerals Ltd is an exploration company focused on acquiring and exploring precious metal and Lithium projects in North America, primarily in Nevada, USA.

Address

303 - 595 Howe Street
Vancouver BC V6C 2T5 Canada
Phone: +1 604 336 8614

www.iconicmineralsltd.com