07:59 AM EDT, 10/23/2024 (MT Newswires) -- Nevada Lithium Resources ( NVLHF ) , which rose 11% yesterday, on Wednesday said preliminary acid leach test work at its Bonnie Claire project in Nevada yielded 97% overall lithium recovery and 98% overall boron recovery.

The company was providing a technical update on its 2024 metallurgical program at the Bonnie Claire Lithium project in Nye County, Nevada.

Nevada Lithium has engaged Fluor Enterprises to develop the metallurgical processes and plant design that will be incorporated into an updated preliminary economic assessment (PEA). Test work should conclude in early 2025, with PEA completion at the end of the first quarter next year.