Categories: Energy / Precious Metals
Topics: General Energy / General Precious Metals

Advantage Lithium to Begin Drilling on Nevada Sunrise Land, Touts Clayton Valley Water Rights

VANCOUVER (miningweekly.com) – New lithium explorer Advantage Lithium (formerly known as North South Petroleum) is preparing to launch a drilling campaign within three to four weeks on highly prospective targets in Nevada, located a stone's throw away from North America’s only producing lithium mine.

This, together with an option on the only other available water permit in the area, is expected to give it a first-mover advantage in an area that has seen a recent land rush, as lithium supplies tighten around the world in the wake of unprecedented demand growth.

“Everyone is jumping on this horse, I’m aware of it,” said Advantage CEO-elect Dev Randhawa in an interview with Mining Weekly Online.

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