The Prospector News

Peloton Minerals CEO shares prep details for Nevada Lithium drilling at PDAC conference (Video)

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Peloton Minerals CEO shares prep details for Nevada Lithium drilling at PDAC conference (Video)

 

Peloton Minerals Corp (OTCQB:PMCCF) (CSE:PMC) CEO Ted Ellwood talked with Proactive’s Angela Harmantas at the PDAC conference on Toronto about the company’s lithium exploration efforts in northern Nevada. He discussed the North Elko project, where Peloton has expanded its claims from 44 to 442, covering a 37 square kilometer area.

Ellwood highlighted that a neighboring discovery by Surge Battery Metals in 2023 prompted Peloton to re-evaluate its geology, leading to the conclusion that a major lithium-bearing clay deposit could extend onto its property. The company has conducted successful surface programs and is now preparing to drill in the spring and summer.

Peloton plans to use air core drilling, a low-disturbance method, to test for lithium mineralization across its large property. Initial drilling will cover 2 to 3 meters in the first phase, with up to 30 drill pads permitted for further exploration. The goal is to confirm the scale of the deposit before moving toward economic assessments.

Ellwood emphasized that the upcoming drill program is all about confirming the size and extent of the lithium deposit. Investors can expect further updates as the drilling progresses.

Posted March 6, 2025

Share this news article

MORE or "UNCATEGORIZED"


Lode Gold Closes $1.51 Million Upsized Private Placement

Lode Gold Resources Inc. (TSX-V: LOD) (OTCQB: LODFF) is pleased t... READ MORE

September 6, 2025

Pacific Ridge Closes First Tranche of Brokered Private Placement for Gross Proceeds of C$2.7 Million

Pacific Ridge Exploration Ltd. (TSX-V: PEX) (OTCQB: PEXZF) (FSE: ... READ MORE

September 6, 2025

Purepoint Uranium Closes Final Tranche of $6 Million Private Placement

Purepoint Uranium Group Inc. (TSX-V: PTU) (OTCQB: PTUUF) announce... READ MORE

September 6, 2025

New Found Gold and Maritime Enter into Definitive Agreement to Combine; Combination Creates an Emerging Canadian Gold Producer

New Found Gold Corp. (TSX-V: NFG) (NYSE American: NFGC) and Marit... READ MORE

September 5, 2025

ELEMENTAL ALTUS AND EMX TO MERGE TO CREATE NEW MID-TIER GOLD FOCUSED ROYALTY COMPANY ELEMENTAL ROYALTY CORP.

Elemental Altus Royalties Corp. (TSX-V: ELE) (OTCQX: ELEMF) and E... READ MORE

September 5, 2025

Copyright 2025 The Prospector News