F E B R U A R Y / M A R C H 2 0 1 9
www.resourceworld.com 15
interests. The company has an early stage
supply agreement with Tesla that could
make Pure Energy a potential seller of an
undisclosed amount of lithium to the elec-
tric car maker. Under the agreement, Tesla
would pay a predetermined price that is
below current market rates, according to a
news release at the time. The company has
received water rights for a pilot plant.
Renaissance Gold Inc. [REN-TSXV],
a prospect generator, has been diamond
drilling its Ecru Project, Lander County,
located to the north of Barrick's giant
Cortez gold mining operations (Pipeline,
Cortez Hills, Goldrush and Robertson). The
project is subject to an earn-in agreement
with S2 Resources Ltd. RenGold maintains
a large portfolio of gold and silver explora
-
tion properties and has entered into over
65 exploration agreements.
The Spruce East Project in Elko County
is subject to a 70% earn-in agreement with
Kinross Gold. A Phase 2 follow-up drilling
program was designed to offset mineral
-
ization in the Cicada target, as well as test
additional targets throughout the project.
Silver One Resources Inc. [SVE-TSXV;
SLVRF-OTC; BRK1-FSE] has an option agree-
ment with SSR Mining Inc. [SSRM-TSX,
NASDAQ] to acquire a 100%-interest in
the past-producing Candelaria Silver Mine
project in the Candelaria Mining District,
west-central Nevada. Silver One's goal is to
re-evaluate known measured and indicated
resources and explore for potential down-
dip, high-grade extensions. Drilling by SSR
partially delineated some deeper targets,
but the testing of their full potential has not
been completed.
Silver Range Resources Ltd. [SNG-
TSXV] reports geological mapping,
sampling and geophysics at its Cold
Springs property in Churchill County
confirmed that the exposed high-grade
gold-silver mineralization is on the periph
-
ery of a larger epithermal system. Two of
26 rock samples assayed greater than 5
g/t gold and 11 higher than 1 g/t. A grab
sample yielded 12.9 g/t gold. Silver assays
ranged as high as 687 g/t silver with 9
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