# Nevada Lithium Announces Rare Earth Elements Within its Bonnie Claire Lithium Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nevada-lithium-announces-rare-earth-elements-within-its-bonnie-claire-lithium-pr--3f2e41e8-27b3-449c-ba35-6096c56a7c14 Original source: https://money.tmx.com/en/quote/NVLH/news/8440230483121030/nevada-lithium-announces-rare-earth-elements-within-its-bonnie-claire-lithium-pr Publisher: tmx Original announcement: 2026-01-06T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Nevada Lithium Resources Inc. - Ticker: NVLH - Exchange: TSX - Region: Nevada, USA - Primary commodity: Rare earth elements - Secondary commodities: Lithium, Boron, Cesium, Rubidium - Document categories: Drill results, Economic study - Extracted: 2026-09-16 15:03:20 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Nevada Lithium announced the discovery of significant rare earth elements \(REE\) mineralization within drill core from its Bonnie Claire Lithium Project in Nevada. Initial assays from five claystone samples in drill hole BC2401C showed TREO grades up to 0.031%, co-occurring with high-grade lithium. The company plans further work to assess the potential for REE extraction as a byproduct, leveraging the existing 2025 Preliminary Economic Assessment for lithium and boron, which outlined a $6.829 billion NPV and 32.3% IRR. Reasoning: Nevada Lithium announced the discovery of significant rare earth elements in drill core from its Bonnie Claire Lithium Project, representing a potential new byproduct revenue stream and adding to the project's value proposition. This is a novel and material finding for the project. - Positive factor: Discovery of new potential byproduct revenue stream \(REE\) - Positive factor: REE mineralization confirmed in drill core - Positive factor: REE co-occur with high-grade lithium - Positive factor: Project located in a premier mining jurisdiction \(Nevada, USA\) - Positive factor: Potential to add to the US Critical Minerals List portfolio - Negative factor: Further work needed to assess economic viability and distribution of REE - Negative factor: PEA is preliminary and includes Inferred Mineral Resources Facts used in scoring: 7 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release explicitly mentions QA/QC procedures including certified lab \(ALS Canada, ISO/IEC 17035\), QP sign-off, and methods like duplicates, standards, and blanks. Evidence · text > Samples were analyzed at ALS Canada's ISO/IEC 17035 accredited laboratory in Vancouver, BC using procedure ME-MS89L... Quality control in the form of duplicates, standards and blanks was provided by the laboratory. These were reviewed and found to be within target ranges. Jeff Wilson, PhD, FGC, P.Geo., Vice President of Exploration for Nevada Lithium is the "Qualified Person" as such term is defined in NI 43-101, who has reviewed and approved the technical information in this news release **Byproduct Commodity** Polarity: neutral Story-specific tag Definition: The tested commodity is a byproduct rather than the primary economic driver. Why it applies: Rare earth elements are discussed as having the potential to produce a by-product revenue stream for the Project alongside lithium and boron production. Evidence · text > we think that these rare earth elements have the potential to produce a by-product revenue stream for the Project. In addition to the lithium and boron production identified in our 2025 PEA **PEA Only** Polarity: neutral Definition: Only Class 4 / Initial Assessment economics available. Not bankable. Why it applies: The economic study referenced is a Preliminary Economic Assessment \(PEA\), which is a conceptual-level study and not bankable. Evidence · text > The Company intends to conduct further work to examine the distribution of REE across Bonnie Claire, and determine the potential for REE extraction alongside lithium and boron within the current flowsheet, as outlined in the Project's 2025 Preliminary Economic Assessment **Inferred Heavy Feed** Polarity: negative Definition: Material Inferred share of LOM mill feed, or the share is undisclosed. Why it applies: The PEA is explicitly stated to include Inferred Mineral Resources, which are too speculative geologically to be classified as Mineral Reserves. Evidence · text > The PEA is preliminary in nature and includes Inferred Mineral Resources that are too speculative geologically to be classified as Mineral Reserves. ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (5) ### BC2401C [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-lithium-announces-rare-earth-elements-within-its-bonnie-claire-lithium-pr--3f2e41e8-27b3-449c-ba35-6096c56a7c14#fact-drill-facts-0) Bonnie Claire · rare\_earth\_elements #### Identity - Hole ID: BC2401C - Project: Bonnie Claire - Commodity: rare\_earth\_elements - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NVLH #### Geometry - Grade: 0.015 - Grade Unit: % - Intercept: 0.1524 m - From: 605.73 m - To: 605.88 m - Hole Depth: 843.32 m - Intercept Depth: 605.73 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BC2401C:605.73-605.88 - Mining Method: unknown #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - Laboratory: ALS Canada - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.015 - Metal Eq. Unit: % TREO - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-06T00:00:00.000Z Reasoning: Initial TREO grade from drill core, indicating REE presence. - Positive factor: REE mineralization confirmed - Positive factor: First assessment of REE potential - Negative factor: Further work needed to assess economic viability Evidence · table > 0.015 Context: 1987.5-1988 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. Why it applies: an equivalent grade is reported without its assumptions ### BC2401C [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-lithium-announces-rare-earth-elements-within-its-bonnie-claire-lithium-pr--3f2e41e8-27b3-449c-ba35-6096c56a7c14#fact-drill-facts-1) Bonnie Claire · rare\_earth\_elements #### Identity - Hole ID: BC2401C - Project: Bonnie Claire - Commodity: rare\_earth\_elements - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NVLH #### Geometry - Grade: 0.016 - Grade Unit: % - Intercept: 0.1524 m - From: 781.81 m - To: 781.96 m - Hole Depth: 843.32 m - Intercept Depth: 781.81 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BC2401C:781.81-781.96 - Mining Method: unknown #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - Laboratory: ALS Canada - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.016 - Metal Eq. Unit: % TREO - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-06T00:00:00.000Z Reasoning: Initial TREO grade from drill core, indicating REE presence. - Positive factor: REE mineralization confirmed - Positive factor: First assessment of REE potential - Negative factor: Further work needed to assess economic viability Evidence · table > 0.016 Context: 2565-2565.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. Why it applies: an equivalent grade is reported without its assumptions ### BC2401C [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-lithium-announces-rare-earth-elements-within-its-bonnie-claire-lithium-pr--3f2e41e8-27b3-449c-ba35-6096c56a7c14#fact-drill-facts-2) Bonnie Claire · rare\_earth\_elements #### Identity - Hole ID: BC2401C - Project: Bonnie Claire - Commodity: rare\_earth\_elements - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NVLH #### Geometry - Grade: 0.031 - Grade Unit: % - Intercept: 0.1524 m - From: 785.49 m - To: 785.64 m - Hole Depth: 843.32 m - Intercept Depth: 785.49 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BC2401C:785.49-785.64 - Mining Method: unknown #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - Laboratory: ALS Canada - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.031 - Metal Eq. Unit: % TREO - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-06T00:00:00.000Z Reasoning: Higher TREO grade from drill core, indicating REE presence. - Positive factor: Higher TREO grade - Positive factor: REE mineralization confirmed - Positive factor: First assessment of REE potential - Negative factor: Further work needed to assess economic viability Evidence · table > 0.031 Context: 2577-2577.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. Why it applies: an equivalent grade is reported without its assumptions ### BC2401C [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-lithium-announces-rare-earth-elements-within-its-bonnie-claire-lithium-pr--3f2e41e8-27b3-449c-ba35-6096c56a7c14#fact-drill-facts-3) Bonnie Claire · rare\_earth\_elements #### Identity - Hole ID: BC2401C - Project: Bonnie Claire - Commodity: rare\_earth\_elements - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NVLH #### Geometry - Grade: 0.022 - Grade Unit: % - Intercept: 0.1524 m - From: 789.79 m - To: 789.94 m - Hole Depth: 843.32 m - Intercept Depth: 789.79 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BC2401C:789.79-789.94 - Mining Method: unknown #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - Laboratory: ALS Canada - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.022 - Metal Eq. Unit: % TREO - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-06T00:00:00.000Z Reasoning: Initial TREO grade from drill core, indicating REE presence. - Positive factor: REE mineralization confirmed - Positive factor: First assessment of REE potential - Negative factor: Further work needed to assess economic viability Evidence · table > 0.022 Context: 2591-2591.5 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. Why it applies: an equivalent grade is reported without its assumptions ### BC2401C [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-lithium-announces-rare-earth-elements-within-its-bonnie-claire-lithium-pr--3f2e41e8-27b3-449c-ba35-6096c56a7c14#fact-drill-facts-4) Bonnie Claire · rare\_earth\_elements #### Identity - Hole ID: BC2401C - Project: Bonnie Claire - Commodity: rare\_earth\_elements - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NVLH #### Geometry - Grade: 0.012 - Grade Unit: % - Intercept: 0.1524 m - From: 843.25 m - To: 843.4 m - Hole Depth: 843.32 m - Intercept Depth: 843.25 m #### Classification - Program: exploration - Sample Type: drill - Group ID: BC2401C:843.25-843.4 - Mining Method: unknown #### Location - Location: Lower Zone - Loc. Source: document #### QA/QC - Laboratory: ALS Canada - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Metal Equivalent - Metal Eq. Grade: 0.012 - Metal Eq. Unit: % TREO - Assumptions Disclosed: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-06T00:00:00.000Z Reasoning: Initial TREO grade from drill core, indicating REE presence. - Positive factor: REE mineralization confirmed - Positive factor: First assessment of REE potential - Negative factor: Lower TREO grade compared to other samples - Negative factor: Further work needed to assess economic viability Evidence · table > 0.012 Context: 2766.5-2767 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Metal Equivalent Opaque** Polarity: negative Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used. Requires an actual metal equivalent grade; a combined elemental basket such as PGE is not a metal equivalent. Why it applies: an equivalent grade is reported without its assumptions ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.