CMI Affiliate American Battery Technology Company announced the results of a third-party audited inferred resource report on the lithium deposit at its Tonopah Flats project in Nevada, which it said has resulted in the identification of one of the largest known lithium deposits in the United States.
The Tonopah Flats lithium project in Big Smoky Valley encompasses 517 unpatented lode claims covering approximately 10,340 acres, and ABTC controls 100% of the mining lode claims comprising the Tonopah Flats property and the rights to all locatable subsurface minerals without any royalties.
ABTC began surface sampling of these claims in the summer of 2021, and subsequently performed multiple subsurface drilling programs totalling 12,000 feet of exploration covering approximately 65% of its property.
Link to story: Tonopah Flats property in Nevada one of largest lithium deposits in US, company says