Nevada Energy Metals

What Nevada Energy Metals does

Nevada Energy Metals Inc. (TSXV: BFF, OTCQB: SSMLF, Frankfurt: A2AFBV) is a Canadian-incorporated, Vancouver-headquartered junior mineral exploration company whose principal activity is the acquisition and early-stage exploration of lithium brine targets in the U.S. state of Nevada. The company was formed circa 2015 and went public on the TSX Venture Exchange, subsequently cross-listing on OTCQB and Frankfurt/Xetra to broaden retail investor access. It controls (or has option rights to) a portfolio of seven early-stage exploration properties — Clayton Valley BFF-1, Teels Marsh West, Black Rock Desert, San Emidio, Alkali Lake, BSV Lithium and Dixie Valley — totaling roughly 615 placer claims (over 12,000 acres). Its Clayton Valley BFF-1 claims sit only 250 meters from Albemarle's Silver Peak mine, the only producing brine-based lithium operation in North America. The company also holds a non-core VMS property (the Galleon Property in Alaska).\n\nTechnically, Nevada Energy Metals applies conventional lithium-brine exploration methods, including gravity surveys, 3D gravity plus airborne magnetic basin modeling, and shallow auger sampling to depths of approximately 2.9 meters, aimed at identifying deep-seated basins and structural features favorable for lithium brine accumulation. There is no proprietary platform, software stack, or patented technology; differentiation rests on claim assembly, geological interpretation, and jurisdiction selection rather than novel technology.\n\nThe business is run on a project-generator model: Nevada Energy Metals acquires 100% of prospective claims with minimal cash, share or royalty consideration, then partners with other explorers (notably LiCo Energy Metals Inc. on Black Rock Desert and Dixie Valley, and Dajin Resources on Alkali Lake) who fund exploration expenditures. Nevada Energy Metals retains either a residual interest or a royalty and the option to "cherry-pick" the most attractive projects for in-house development. The company is pre-revenue, has not yet defined a resource, and monetizes exclusively via equity raises (most recently a CAD $120,000 non-brokered private placement closed in January 2019) and option/earn-in arrangements. End users are not direct customers; counterparties are fellow junior explorers, retail investors, and future downstream offtakers in the lithium-ion battery and EV supply chain.

Name

Nevada Energy Metals

Legal name

Nevada Energy Metals Inc.

Website

https://nevadaenergymetals.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Nevada Energy Metals is a Canadian junior mineral exploration company (TSXV: BFF) focused on acquiring and early-stage exploring lithium brine claims in Nevada, USA. It operates a project-generator model, partnering with other juniors to fund exploration while retaining residual interests.

Ownership category

akta.pro rank

Product category

Mining Exploration Services

NAICS

Other Metal Ore Mining (21229)

SIC

Metal Mining (1000)

akta.pro primary industry

Lithium Mining & Brine Extraction (IMAKAFAA)

akta.pro secondary industries

Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)

Keywords

• Lithium brine exploration
• Mineral exploration services
• Junior mining company
• Lithium property acquisition
• Exploration project generator

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Pre-Revenue Exploration Stage: Nevada Energy Metals is a junior exploration company that has not yet generated revenue. The company is focused on acquiring and exploring lithium brine properties with the goal of discovering economic deposits. Future revenue would come from joint venture payments, option agreements, or production if deposits are developed.

Distribution channels3 records

Marketing channels4 records

Core offering

Nevada Energy Metals is a junior Canadian mining exploration company that acquires and explores lithium brine mineral properties in the state of Nevada, USA. The company identifies prospective lithium-enriched basins through geophysical surveys, staking of unpatented placer claims, and joint-venture partnerships, with the goal of advancing projects toward resource definition and eventual production for the lithium-ion battery market.

Product overview

Nevada Energy Metals is a junior Canadian mining exploration company (TSXV: BFF) focused on brine-based lithium exploration targets in Nevada. The company's portfolio consists of multiple lithium brine exploration projects including the Clayton Valley BFF-1 Project (adjacent to the only producing North American lithium brine operation), the 100%-owned Teels Marsh West and San Emidio projects, and the Black Rock Desert Project. The company also holds a 60% earn-in option on the Alkali Lake Project and 100% of the BSV Lithium Project. Additionally, the company has the Galleon Property in Alaska (VMS mineralization). Nevada Energy Metals operates as a 'project generator' model, seeking to advance projects and form joint ventures with partners for further development.

Differentiator

Problem solved

Functional benefit

Products and services

• Clayton Valley BFF-1 Lithium Project An early-stage lithium brine exploration prospect in Esmeralda County, Nevada, covering approximately 77 placer claims on the north-western side of Clayton Valley playa, located 250 meters from Albemarle Corporation's Silver Peak lithium mine. Targets lithium-enriched brines in a graben structure.
• Teels Marsh West Project A 100% owned lithium exploration project covering 100 placer claims (2,000 acres/809 hectares) at Teels Marsh in Mineral County, Nevada, located approximately 48 miles northwest of Clayton Valley. Targets lithium brines in unconsolidated basin fill deposits including clays, silts, sands, and volcanic ash.
• Black Rock Desert Project A lithium exploration project consisting of 128 placer claims (2,560 acres/1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada. The property covers playa underlain by a moderately deep basin with potential for lithium brine deposits.
• San Emidio Li Project A 100% owned lithium exploration project consisting of 155 placer claims (approximately 3,100 acres) in San Emidio Desert, Washoe County, Nevada, located 95 km northeast of Reno. Targets lithium-bearing geothermal fluids in an alkali playa environment.
• Alkali Lake Project A 60% earn-in option agreement from Dajin Resources Corp covering 107 unpatented placer claims (approximately 2,760 acres) in Esmeralda County, Nevada. Located 12 km northeast of Albemarle's Silver Peak operation, the project targets lithium brines in a closed basin with an active geothermal system.
• BSV Lithium Project A 100% owned lithium exploration project consisting of 160 placer claims (3,200 acres/1,295 hectares) located in northern Big Smokey Valley, Nye County, Nevada. The project targets lithium brines in a basin fed by geothermal brines with historical sampling results of 130-155 ppm lithium.
• The Galleon Property An early-stage exploration property located in the Bonnifield Mining District, central Alaska, containing VMS (volcanogenic massive sulfide) mineralization. The property consists of 36 quarter-section State of Alaska mining claims held by Anglo Alaska Gold Corporation, with Rock Star Resources holding earn-in rights.

Named customers2 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• LiCo Energy Metals Inc.coreStrategic or Co-development Partner · 11 November 2016LiCo Energy Metals Inc. has option agreements to acquire up to 70-100% interest in Nevada Energy Metals' Black Rock Desert and Dixie Valley lithium projects. LiCo is funding exploration expenditures while Nevada retains exposure to project success through retained interests.
• 1074654 Nevada LtdcoreStrategic or Co-development Partner · 17 May 20161074654 Nevada Ltd granted option to acquire 70% interest in the BFF-1 Clayton Valley Property by making cash payments totaling US$300,000, completing exploration expenditures of US$1,000,000, and issuing 1,200,000 shares upon completion of going public transaction.
• Dajin Resources (US) Corp.coreStrategic or Co-development Partner · 29 December 2015Nevada Energy Metals has a 60% earn-in option agreement with Dajin Resources for the Alkali Lake lithium exploration project in Esmeralda County, Nevada. Nevada must make share payments, cash payments over three years, and complete exploration milestones to earn its 60% interest.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Dajin Resources: Lithium brine exploration company and the direct JV/option partner with Nevada Energy Metals on the Alkali Lake project. Highly comparable business model and target geology.
• Iconic Minerals: Junior exploration company with Nevada lithium brine projects. Comparable to Nevada Energy Metals in stage, jurisdiction, and lithium brine exploration thesis.
• American Lithium Corp: Lithium exploration and development company with multiple Nevada lithium projects. Direct comparable as a junior peer competing for similar basin-scale brine and claystone targets in Nevada.
• Pure Energy Minerals: Junior lithium brine developer also focused on the Clayton Valley, Nevada basin. Direct comparable as a small-cap peer advancing lithium brine claims in the same jurisdiction where Nevada Energy Metals holds its flagship BFF-1 project.
• Spearmint Energy: Canadian-listed junior with lithium and other critical mineral projects in Nevada. Comparable micro-cap exploration peer focused on similar US lithium targets.
• LiCo Energy Metals: Junior lithium explorer and JV partner with Nevada Energy Metals on Black Rock Desert and Dixie Valley. Direct comparable in scale, commodity focus, and project-generator approach.
• Cypress Development Corp: Nevada-focused lithium developer with claims in Clayton Valley. Comparable as a junior pursuing lithium brine and claystone resources in the same Nevada basin complex targeted by Nevada Energy Metals.
• Noram Ventures: Junior explorer with lithium claims in Clayton Valley, Nevada. Closely comparable in size, stage, and basin focus to Nevada Energy Metals.

Broad incumbents

• Lithium Americas Corp: Major lithium developer with the Thacker Pass project in northern Nevada. Represents a well-capitalized incumbent advancing Nevada lithium resources at a much larger scale than Nevada Energy Metals, illustrating both the opportunity and competitive threat in the basin.
• Albemarle Corporation: World's largest lithium producer and operator of the Silver Peak brine mine directly adjacent to Nevada Energy Metals' Clayton Valley BFF-1 claims. The established incumbent operating in the same basin provides both a geological analog and a potential acquirer/partner.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/NVEnergyMetals
• Facebookfacebook.com/NevadaEnergyMetals

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nevada Energy Metals