Apex Resources Reports Promising Lithium Findings

Apex Resources Inc. received encouraging analytical results from fluid samples collected at its Lithium Creek Project in Churchill County.

The project spans approximately 4,720 acres across ten noncontiguous blocks of placer claims, situated within the expansive Fernley and Carson Sinks and part of a hydrographic basin covering roughly 1.4 million acres.

The fluid samples came from several sources within the project area, including Lithium Creek, a historic well, and hand-dug auger holes reaching depths one to two meters below the surface. The samples revealed lithium concentrations ranging from 393 milligrams per liter (mg/L) to 4.65 mg/L, with over half of the samples exceeding 50 mg/L, suggesting the presence of lithium-enriched brines across the project area.

The sampling process came from playa environments, where shallow groundwater was accessible using hand tools. Samples came from 20 hand-augered test holes, a remnant well from an old salt works operation, and surface water from Lithium Creek.

Apex also implemented quality control measures by collecting two duplicate samples and one field blank sample, ensuring the accuracy and reliability of the analytical results.

The detection of lithium in all samples, with several exceeding the critical threshold of 50 mg/L, points to potentially significant lithium-brine deposits. This threshold is consistent with cut-off grades used in other North American lithium brine projects, including Albemarle’s Silver Peak Project in Clayton Valley and Lithium Bank Resources Corp.’s Park Place Lithium-brine property in Alberta, Canada.

However, a specific cut-off grade for the Lithium Creek Project has not been confirmed.

Further analysis of Total Dissolved Solids (TDS) in the fluid samples indicates that much of the shallow groundwater in the project area qualifies as lithium brines, reinforcing the potential for the discovery of large-scale, lithium-enriched aquifers or reservoirs within the region.

Apex Resources holds an option to acquire the Lithium Creek Property and is actively conducting lithium brine exploration. The company aims to identify high-potential drill targets that could further define lithium-brine-bearing aquifers and advance the project toward commercial viability.