Issue link: http://resourceworld.uberflip.com/i/1078872
10 www.resourceworld.com F E B R U A R Y / M A R C H 2 0 1 9 Alba has received TSX Venture Exchange approval to sell the 25% interest it earned in certain mineral claims in Clayton Valley to Noram Ventures Inc. and its wholly- owned subsidiary Green Energy Inc. Albemarle Corp.'s [ALB-NYSE] Silver Peak Mine in Nevada is the only produc - ing lithium mine in the US. Alio Gold Inc. [ALO-TSX, NYSE American] owns and operates the open pit, heap leach Florida Canyon Mine 210 km northeast of Reno. A recent independent NI 43-101 Technical Report stated that measured and indicated resources stand at 132,875,000 tonnes grading 0.40 g/t gold, for 1,7177,000 ounces. For 2017, the mine produced 27,982 oz gold and 20,818 oz silver. Allegiant Gold Ltd. [AUAU-TSXV; AUXXF-OTCQX] (spun out by Columbus Gold Corp. [CGT-TSX, CBGDF-OTCQX]) has 11 drill-ready gold projects in Nevada. Six projects are slated for drilling over a 10-12 month period to around June 2019. Drilling at the Red Hills Project was com - pleted with poor results. Hughes Canyon drill results are pending. Allegiant has been drilling the North Brown Project on the Battle Mountain Gold Trend. American Lithium Corp. [LI-TSXV; LIACF-OTC; 5LA-FSE] completed 19 km of seismic survey, two stratigraphic drill holes and gravity survey infill work at its 100%-optioned Fish Lake Valley Project in Esmeralda County. This effort has defined an integrated geophysical basinal model that indicates the depth and thickness of claystone sedimentary parcels with the potential to host significant lithium miner - alization at shallow depths. More ground is being acquired; exploration continues. At the TLC project near Tonopah, ini- tial work confirmed the grade and extent of the lithium mineralization and already resulted in the staking of additional claims. Americas Silver Corp. [USA-TSX; USAS-NYSE American] recently merged with Pershing Gold Corp. The merger added Pershing's shovel-ready, gold-sil - ver development project in Nevada that adds significant precious metal growth to the company's production profile. Once completed, Relief Canyon is expected to produce 75,000 to 90,000 ounces of gold annually at low cash costs over an ini - tial seven-year life and generate annual post-tax cash flow from $25-million to $30-million in addition to Americas Silver's mines in Mexico and Idaho. Barrick Gold Corp. [ABX-TSX, ABX- NYSE], now merged with Randgold, is one of Nevada's major gold producers. Barrick Nevada is an integrated gold min - ing operation that combines the Cortez and Goldstrike properties in Nevada that employs 3,000 workers. Operations at Cortez are split between two complexes: the Pipeline complex is mined via open pit; and Cortez Hills is mined via open pit and underground. Goldstrike consists of the Betze-Post open pit, and the Meikle and Rodeo underground mines. NEVADA