Nevada Property

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Lida Valley LVW Placer Claims

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The Lida Valley LVW Placer Claims are located in South Western Nevada, approximately 150 miles north of Las Vegas. The claim is situated within the Lida Valley playa that is approximately 2 miles wide and 4 miles long. The claim block contains 76 - 160 acre Placer Claims and 8 – 80 acre placer claims comprising a surface area of 12,800 acres.

The property is in close proximity to the only Lithium brine producer in the United States. This plant extracts Lithium from brines pumped from aquifers below the valley and has been in production since 1967. The plant is designed to produce 1.2 million kg of Lithium per year and to date has produced an estimated 50 million kg of Lithium. First Liberty Power Corps. claims are within 15 miles of Montezuma peak, the source of the Lithium. The project area has excellent infrastructure including a network of roads, railroads and cellular telephone coverage.

Lida Valley is one of a group of inter-mountain basins in west-central Nevada and is surrounded by Cuprite Hills to the Northwest, Stonewall Mountains to the East and Slate Ridge to the Southwest. It has a playa floor of about 12 square miles that receives surface drainage from an area of about 60 square miles. The playa floor contains erosion remnants of Lithium-rich rhyolite tuff and is surrounded by alluvial fan slopes of the mountain ranges. Altitudes range from 4,630 feet on the playa floor to 7,000 feet on the Stonewall Ridge.

The tertiary volcanic rocks are considered to be involved in the origin of the Lithium deposits in south-central Nevada. The volcanism that created the volcanic rocks also provided the heat energy and hydrothermal activity required to mobilize the Lithium from volcanic glass and other relatively unstable minerals. The Tertiary rhyolites from the Montezuma Range and surrounding mountain ranges are considered to be the most lithium rich rhyolites in the world, (MacDonald et. Al; 1992) Transport of the Lithium would require a hydrothermal fluid, surface water or meteoric groundwater. Evaporation concentrated the Lithium in the brine to economic grades which are considered to be in the 100 to 300 ppm range. The Lithium rich water would also alter the playa sediments to form Lithium-rich clays and Lithium rich inclusions in halite.