Nevada Lithium Surface Samples Hit 1,219 ppm as Fulcrum Stakes 201 Claims

Fulcrum Lithium has secured 201 claims in Nevada’s Lander County, revealing surface lithium grades up to 1,219 ppm and setting the stage for a maiden drilling campaign in early 2026.

  • 201 unpatented lode claims staked covering 17 km² in Nevada
  • Surface samples show lithium grades up to 1,219 ppm
  • 31 samples exceed 300 ppm lithium, 6 surpass 1,000 ppm
  • Project located in a geologically favorable closed basin with volcanic activity
  • Maiden drilling program planned for Q1 2026 to test subsurface extensions
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New Frontier in Nevada Lithium Exploration

Fulcrum Lithium Ltd (ASX – FUL) has announced a significant expansion of its lithium exploration footprint with the staking of 201 unpatented lode claims in Lander County, Nevada, covering an area of approximately 17 square kilometers. This new Dry Canyon project is situated roughly 75 kilometers south of Battle Mountain, a well-established mining hub, positioning Fulcrum in a prime location within one of the world’s most prolific lithium regions.

Promising Surface Sampling Results

Initial geological sampling has yielded encouraging results, with 62 surface samples collected and assayed. Notably, 31 samples returned lithium concentrations above 300 parts per million (ppm), and six samples exceeded 1,000 ppm, with the highest assay reaching 1,219 ppm. These high-grade lithium claystone surface samples suggest a robust lithium presence, reinforcing the project’s potential.

Geological Setting Supports Lithium Potential

The Dry Canyon basin exhibits key geological features favorable for lithium claystone deposits, including abundant volcanic source rocks and two major calderas flanking the area. The closed sedimentary basin with tuffaceous lacustrine sediments and extensional tectonic subsidence aligns with established models for lithium enrichment, enhancing confidence in the prospect’s viability.

Looking Ahead – Drilling and Exploration Plans

Fulcrum plans to leverage operational insights from its Alkali Flats project as it embarks on a targeted exploration program at Dry Canyon. A maiden drilling campaign is scheduled for the first quarter of 2026, aiming to test the subsurface extent of the high-grade lithium mineralization identified at surface. This next phase will be critical in determining the resource potential and guiding future development strategies.

Regulatory and Operational Framework

The project claims are located on federally managed public land and are subject to the United States Bureau of Land Management’s regulations under the General Mining Act of 1872. Fulcrum has fulfilled all necessary maintenance fees and filings to secure its rights, ensuring a clear path for exploration activities while adhering to environmental and regulatory standards.

Bottom Line?

Fulcrum’s Dry Canyon project sets a promising stage, but the upcoming drilling results will be pivotal in defining its lithium resource potential.

Questions in the middle?

  • Will the Q1 2026 drilling confirm the extent and continuity of the high-grade lithium mineralization?
  • How will Dry Canyon’s geology compare to Fulcrum’s Alkali Flats project in terms of resource scale and quality?
  • What are the potential environmental and regulatory challenges associated with mining on federal land in Nevada?