Canter Resources Acquires Railroad Valley Lithium-Boron Project [Yahoo! Finance]
Reliance, Inc. (RS)
Last reliance, inc. earnings: 4/23 06:50 am
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Source: Yahoo! Finance
the " Company ") is pleased to report that it has acquired a prospective 1,000 acre property ("RV Project") in Railroad Valley, located in Nye county, Nevada. The RV Project is located 164 kilometres east-northeast of Tonopah, Nevada, and accessible via Highway 6, ideally located for exploration and potential development. Despite its promising geologic similarities to Clayton Valley, Railroad Valley remains largely underexplored for lithium and boron. The Railroad Valley basin shares several critical geological features with Clayton Valley, which has been North America's leading lithium producer since 1966. Both valleys are structurally closed basins with similar fault-bounded graben structures, making them ideal for lithium and boron brine accumulation. However, Railroad Valley stands out due to its larger basin size, which is 2.5 times larger in catchment area and 3.5 times larger in playa surface area compared to Clayton Valley. "We are pleased to add another lithium-boron brin
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