Post by chuckwoolery on Apr 23, 2012 6:24:41 GMT -5
NECA ~ Business Description
www.newamericaenergycorp.com
The Company is an Exploration Stage Company, our principal business is the acquisition and exploration of mineral resources.On February 3, 2011 we entered into property acquisition agreements with First Liberty Power Corp., and GeoXplor Corp, whereby we we acquired an option, as well as exploration rights, in certain unpatented mining claims located in Southern Utah called the Uravan Property.
The Clayton Ridge lithium project property is located adjacent to the Clayton Valley Playa on the southern extension of the Clayton Ridge Trough. The claim is approximately 5 miles southwest of the Chemetall Foote lithium processing plant Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.
The Company intends to explore the property to determine if lithium evaporates and brine deposits have formed at depth similar to those found at Clayton Valley. In 1979, the U.S. Department of Energy through the U.S. Geological Survey ("USGS") conducted a regional lithium project which included sampling, gravity and seismic surveys on the New America Energy property.
$NECA Projects
Mud Lake
The Mud Lake lithium project property is located nine miles southwest of Tonopah Nevada in the Ralston Valley. The Mud Lake property consists of twenty placer claims covering approximately 3200 acres in Nye County and is readily accessible year round.
The Ralston basin, which contains Mud Lake, appears to have similar geological features that provided both a source and trap for lithium brines found in Clayton Valley which is located 29 miles west from the property. Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.
The Ralston basin drainage area covers 3189 square miles and contains centers of volcanic activity of the style that can form lithium sources for subsequent accumulation in a low point of the valley at Mud Lake. The Company intends to explore the property to determine if lithium evaporates and brine deposits have formed at depth similar to those found at Clayton Valley. In 1979, the U.S. Department of Energy through the U.S. Geological Survey ("USGS") conducted a regional lithium project which included sampling, gravity and seismic surveys on the New America Energy property.
The Company is developing an integrated regional lithium exploration approach using geochemical and basin modeling with gravity, electromagnetic and geochemical fieldwork to build drilling targets. The Company has contracted an exploration team that has extensive geochemical, GIS modeling and targeting experience in the area.
Read More: newamericaenergycorp.com/mud-lake
Clayton Ridge
The CR claims are strategically located adjacent to the Clayton Valley playa, on the southern extension of the Clayton Ridge Trough approximately 5 miles southeast of the Chemetall Foote lithium deposit. The Clayton Ridge trough as been defined by several gravity geophysical surveys and is considered to be a major conduit for the lithium brines that have been leached from the lithium enriched Montezuma Peak rhyolitic tuffs and the lithium enriched waters of Alkali Hot Spring.
Read More: newamericaenergycorp.com/clayton-ridge
Click Below To Download the Clayton Ridge Reconnaissance Gravity Survey 1 Report
newamericaenergycorp.com/files/CR_Claims_Gravity_Reconnaissance_Survey_2011.pdf
$NECA and Lithium
About Lithium
Lithium is a soft, silver-white metal that belongs to the alkali metal group of chemical elements. It is represented by the symbol Li, and it has the atomic number 3. Under standard conditions it is the lightest metal and the least dense solid element. It is a member of the “alkali metal†elements along with sodium, potassium, rubidium, cesium and francium. Like all alkali metals, Lithium is highly reactive and flammable. Because of its high reactivity, Lithium does not appear in nature as an element, it only appears naturally in the form of compounds.
From a chemical standpoint, Lithium has a high electropositivity that drives its aggressive reaction with halogens to form ionic salts and with other anions to
form nitrates, phosphates, nitrites and sulfates. (Halogens are non-metal elements fluorine, chlorine, bromine, iodine and astatine.) It reacts with water to form strongly alkaline hydroxides and hydrogen gas.
Lithium also has important links to nuclear physics. The transmutation of Lithium atoms to tritium was the first man-made form of a nuclear fusion reaction, and Lithium deuteride serves as a fusion fuel in staged thermonuclear weapons.
While Lithium is one of the most prevalent elements on earth, there are few concentrated sources that can provide economically viable production. Meanwhile, demand for Lithium is increasing, leading to a probable competition by customers over the next decade for adequate supply. In addition, the geopolitics of governments controlling exports of this important material will lead customer nations (Europe, United States, Japan, Korea) to seeking sources within their own country and/or control.
Lithium’s primary value has evolved with industrial processes. Today, there are two primary uses for Lithium, first as a catalyst in the production of metals and ceramics, and second as a primary material in Lithium Ion batteries for small electronic devices. Lithium Ion batteries are being installed in some new electric-powered vehicles and it is expected that demand from this use will drive total demand well beyond current and near-term production levels.
Lithium is derived from two generic sources, rock from mines and evaporates from specific “dry†lakes. Batteries require 99.9+% purity of Lithium, which is more difficult to produce from rock sources. Therefore, rock tends to be used to supply the ceramic and metal markets, with evaporates being the primary source of Lithium for battery production.
Strategic Mineral
Strategic minerals (i.e. Lithium, Vanadium, Rare Earth elements, Potash, Uranium, Tungsten etc...) play a critical role in the global economy with applications ranging from alloy elements to permanent magnets to laptops to, electric vehicles, cell phones to hi-tech military equipment and everything in between. The U.S Government is taking this supply issue seriously and Washington lawmakers are now starting to look at ways for America to identify its own domestic sources of strategic minerals.
Powering America's Lithium Production Act of 2011
On February 28th 2011 Senator Kay Hagan Introduced Powering America's Lithium Production Act of 2011 - Amends the Energy Independence and Security Act of 2007 to require the Secretary of Energy (DOE) to provide grants to eligible entities for research, development, demonstration, and commercial application of domestic industrial processes that are designed to enhance domestic lithium production for use in advanced battery technologies. Defines an "eligible entity" as: a private partnership or other entity that is organized in accordance with federal law and engaged in lithium production for use in advanced battery technologies; a public entity, such as a state, tribal, or local governmental entity; or a consortium of such entities. Requires such eligible entities to use such grants to develop or enhance: domestic industrial processes that increase lithium production, processing, or recycling for use in advanced lithium batteries; or industrial process associated with new formulations of lithium feedstock for use in such batteries
Read More: newamericaenergycorp.com/strategic-mineral
Why Brines
Brine – Mother Nature Does the Work
Brine’s have become the most cost effective and prevailing supply resource for lithium production worldwide because of lower production costs compared with the mining and processing costs for hard-rock ores. As a result of these superior operational considerations 60% of the world’s lithium is produced from brine deposits. The simplicity and the efficiency of a brine extraction process equates with the production for these facilities in a relatively inexpensive context and with little lead time and limited environmental impact, as evaporation is the main component in the processing.
Lithium production from brine began when the Silver Peak Nevada Clayton Valley brine deposit, originally evaluated as a potash source, resulted in the production of Lithium carbonate in 1966. Although Lithium had been discovered in the brines of Searles Lake, California in 1936, the Lithium diphosphate scale that developed during boron recovery process was considered more of a hindrance than an economic product. Silver Peak brine was the only brine-sourced Lithium for almost 20 years.
Lithium in brine is in the form of dissolved salts. Typically, the lithium is in concentrations ranging from 200 to as much as 1,500 parts per million, initially. The basic approach is to concentrate the lithium even more by putting brine into evaporation ponds. Brine in Clayton Valley, NV, is pumped up to a 300 ha holding pond to bring the initial 250 ppm brine to 400 ppm. The brine then gets pumped to 70 ha pond, until lithium concentration reaches 800 ppm. The brine then gets pumped to a 25 ha pond, and slaked lime (Ca(OH)2) is added en route. MgCl2 reacts with lime to make Mg(OH)2, which is barely soluble in water and settles out in the holding pond. As LiCl concentrations increase to 2,000 ppm, MgCl2 concentrations drop to 2 ppm as the Mg(OH)2 is formed and precipitates. At this point, Foote Minerals would add hydrochloric acid (HCl) and then calcium chloride (CaCl2). The result is that both boron and sulphate compounds react and precipitate out of solution, primarily as gypsum. The resulting “clean†brine is then pumped to a series of 5 ha ponds until LiCl concentration reaches high levels, perhaps 6,000 ppm. At this point, soda ash (Na2CO3) is added and the LiCl reacts to form lithium carbonate, Li2CO3.
Read More: newamericaenergycorp.com/why-brines
~SECURITY DETAILS~
New America Energy Corp. is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, “NECAâ€, and within the OTCQB market tier. As such, Business, operational and financial information on NECA is fully transparent and available to public view.
Visit www.otcmarkets.com/stock/NECA/company-info to see complete details.
New America Energy Corp. is Active on the Nevada Secretary of State site:
nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=S7aU1hbYy2JW6RIyg5Jrhw%253d%253d&nt7=0
Market Value: $5,410,786 a/o Apr 19, 2012
A/S : 75 Million
O/S : 51.9 Million per 10Q 4/16/12 below
FLOAT: Called Transfer Agent no reply on 4/20
(Please note the share structure posted is what we have gathered but can change on a daily basis , please contact the company or transfer agent to get the most current information )
10-Q reported 4/16/12 period ending 2/29/12
www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8546588
Incorporated In: NV,USA
Year of Inc.: 2006
Transfer Agent
Empire Stock Transfer Inc.
1859 Whitney Mesa Dr.
Henderson, NV, 89014
Phone: 702-818-5898
Website: empirestock.com
~LATEST NEWS~
EDGAR Online - (Mon, Apr 16)
NEW AMERICA ENERGY CORP. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com/e/120416/neca.ob10-q.html
PR Newswire - (Thu, Apr 12)
New America Enters Into $3.2 Million Dollar Financing Agreements
finance.yahoo.com/news/america-enters-3-2-million-130000973.html
EDGAR Online - (Mon, Apr 2)
NEW AMERICA ENERGY CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exh
biz.yahoo.com/e/120402/neca.ob8-k.html
PR Newswire - (Wed, Mar 21)
New America Energy Corp. Second Phase Exploration Update
finance.yahoo.com/news/america-energy-corp-second-phase-130000916.html
PR Newswire - (Wed, Feb 8)
New America Energy Announces Appointment of New Director.
finance.yahoo.com/news/New-America-Energy-Announces-prnews-775487359.html?x=0
EDGAR Online - (Thu, Feb 2)
NEW AMERICA ENERGY CORP. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com/e/120202/neca.ob8-k.html
PR Newswire - (Wed, Feb 1)
New America Energy Provides Summary of Lithium Supply and Markets Conference Highlights
finance.yahoo.com/news/New-America-Energy-Provides-prnews-4124452554.html?x=0
PR Newswire - (Tue, Jan 24)
New America Energy Corp. Clayton Ridge Exploration Update
finance.yahoo.com/news/New-America-Energy-Corp-prnews-2464521684.html?x=0
Contact Us
3651 Lindell Rd.
Ste D#138
Las Vegas, NV 89103
Phone: 800-508-6149
Email: info@newamericaenergycorp.com
Website: www.newamericaenergycorp.com
www.newamericaenergycorp.com
The Company is an Exploration Stage Company, our principal business is the acquisition and exploration of mineral resources.On February 3, 2011 we entered into property acquisition agreements with First Liberty Power Corp., and GeoXplor Corp, whereby we we acquired an option, as well as exploration rights, in certain unpatented mining claims located in Southern Utah called the Uravan Property.
The Clayton Ridge lithium project property is located adjacent to the Clayton Valley Playa on the southern extension of the Clayton Ridge Trough. The claim is approximately 5 miles southwest of the Chemetall Foote lithium processing plant Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.
The Company intends to explore the property to determine if lithium evaporates and brine deposits have formed at depth similar to those found at Clayton Valley. In 1979, the U.S. Department of Energy through the U.S. Geological Survey ("USGS") conducted a regional lithium project which included sampling, gravity and seismic surveys on the New America Energy property.
$NECA Projects
Mud Lake
The Mud Lake lithium project property is located nine miles southwest of Tonopah Nevada in the Ralston Valley. The Mud Lake property consists of twenty placer claims covering approximately 3200 acres in Nye County and is readily accessible year round.
The Ralston basin, which contains Mud Lake, appears to have similar geological features that provided both a source and trap for lithium brines found in Clayton Valley which is located 29 miles west from the property. Chemetall-Foote Corp's Silver Peak operation, located in Clayton Valley, is the only lithium brine producer in North America and has been in operation since 1966.
The Ralston basin drainage area covers 3189 square miles and contains centers of volcanic activity of the style that can form lithium sources for subsequent accumulation in a low point of the valley at Mud Lake. The Company intends to explore the property to determine if lithium evaporates and brine deposits have formed at depth similar to those found at Clayton Valley. In 1979, the U.S. Department of Energy through the U.S. Geological Survey ("USGS") conducted a regional lithium project which included sampling, gravity and seismic surveys on the New America Energy property.
The Company is developing an integrated regional lithium exploration approach using geochemical and basin modeling with gravity, electromagnetic and geochemical fieldwork to build drilling targets. The Company has contracted an exploration team that has extensive geochemical, GIS modeling and targeting experience in the area.
Read More: newamericaenergycorp.com/mud-lake
Clayton Ridge
The CR claims are strategically located adjacent to the Clayton Valley playa, on the southern extension of the Clayton Ridge Trough approximately 5 miles southeast of the Chemetall Foote lithium deposit. The Clayton Ridge trough as been defined by several gravity geophysical surveys and is considered to be a major conduit for the lithium brines that have been leached from the lithium enriched Montezuma Peak rhyolitic tuffs and the lithium enriched waters of Alkali Hot Spring.
Read More: newamericaenergycorp.com/clayton-ridge
Click Below To Download the Clayton Ridge Reconnaissance Gravity Survey 1 Report
newamericaenergycorp.com/files/CR_Claims_Gravity_Reconnaissance_Survey_2011.pdf
$NECA and Lithium
About Lithium
Lithium is a soft, silver-white metal that belongs to the alkali metal group of chemical elements. It is represented by the symbol Li, and it has the atomic number 3. Under standard conditions it is the lightest metal and the least dense solid element. It is a member of the “alkali metal†elements along with sodium, potassium, rubidium, cesium and francium. Like all alkali metals, Lithium is highly reactive and flammable. Because of its high reactivity, Lithium does not appear in nature as an element, it only appears naturally in the form of compounds.
From a chemical standpoint, Lithium has a high electropositivity that drives its aggressive reaction with halogens to form ionic salts and with other anions to
form nitrates, phosphates, nitrites and sulfates. (Halogens are non-metal elements fluorine, chlorine, bromine, iodine and astatine.) It reacts with water to form strongly alkaline hydroxides and hydrogen gas.
Lithium also has important links to nuclear physics. The transmutation of Lithium atoms to tritium was the first man-made form of a nuclear fusion reaction, and Lithium deuteride serves as a fusion fuel in staged thermonuclear weapons.
While Lithium is one of the most prevalent elements on earth, there are few concentrated sources that can provide economically viable production. Meanwhile, demand for Lithium is increasing, leading to a probable competition by customers over the next decade for adequate supply. In addition, the geopolitics of governments controlling exports of this important material will lead customer nations (Europe, United States, Japan, Korea) to seeking sources within their own country and/or control.
Lithium’s primary value has evolved with industrial processes. Today, there are two primary uses for Lithium, first as a catalyst in the production of metals and ceramics, and second as a primary material in Lithium Ion batteries for small electronic devices. Lithium Ion batteries are being installed in some new electric-powered vehicles and it is expected that demand from this use will drive total demand well beyond current and near-term production levels.
Lithium is derived from two generic sources, rock from mines and evaporates from specific “dry†lakes. Batteries require 99.9+% purity of Lithium, which is more difficult to produce from rock sources. Therefore, rock tends to be used to supply the ceramic and metal markets, with evaporates being the primary source of Lithium for battery production.
Strategic Mineral
Strategic minerals (i.e. Lithium, Vanadium, Rare Earth elements, Potash, Uranium, Tungsten etc...) play a critical role in the global economy with applications ranging from alloy elements to permanent magnets to laptops to, electric vehicles, cell phones to hi-tech military equipment and everything in between. The U.S Government is taking this supply issue seriously and Washington lawmakers are now starting to look at ways for America to identify its own domestic sources of strategic minerals.
Powering America's Lithium Production Act of 2011
On February 28th 2011 Senator Kay Hagan Introduced Powering America's Lithium Production Act of 2011 - Amends the Energy Independence and Security Act of 2007 to require the Secretary of Energy (DOE) to provide grants to eligible entities for research, development, demonstration, and commercial application of domestic industrial processes that are designed to enhance domestic lithium production for use in advanced battery technologies. Defines an "eligible entity" as: a private partnership or other entity that is organized in accordance with federal law and engaged in lithium production for use in advanced battery technologies; a public entity, such as a state, tribal, or local governmental entity; or a consortium of such entities. Requires such eligible entities to use such grants to develop or enhance: domestic industrial processes that increase lithium production, processing, or recycling for use in advanced lithium batteries; or industrial process associated with new formulations of lithium feedstock for use in such batteries
Read More: newamericaenergycorp.com/strategic-mineral
Why Brines
Brine – Mother Nature Does the Work
Brine’s have become the most cost effective and prevailing supply resource for lithium production worldwide because of lower production costs compared with the mining and processing costs for hard-rock ores. As a result of these superior operational considerations 60% of the world’s lithium is produced from brine deposits. The simplicity and the efficiency of a brine extraction process equates with the production for these facilities in a relatively inexpensive context and with little lead time and limited environmental impact, as evaporation is the main component in the processing.
Lithium production from brine began when the Silver Peak Nevada Clayton Valley brine deposit, originally evaluated as a potash source, resulted in the production of Lithium carbonate in 1966. Although Lithium had been discovered in the brines of Searles Lake, California in 1936, the Lithium diphosphate scale that developed during boron recovery process was considered more of a hindrance than an economic product. Silver Peak brine was the only brine-sourced Lithium for almost 20 years.
Lithium in brine is in the form of dissolved salts. Typically, the lithium is in concentrations ranging from 200 to as much as 1,500 parts per million, initially. The basic approach is to concentrate the lithium even more by putting brine into evaporation ponds. Brine in Clayton Valley, NV, is pumped up to a 300 ha holding pond to bring the initial 250 ppm brine to 400 ppm. The brine then gets pumped to 70 ha pond, until lithium concentration reaches 800 ppm. The brine then gets pumped to a 25 ha pond, and slaked lime (Ca(OH)2) is added en route. MgCl2 reacts with lime to make Mg(OH)2, which is barely soluble in water and settles out in the holding pond. As LiCl concentrations increase to 2,000 ppm, MgCl2 concentrations drop to 2 ppm as the Mg(OH)2 is formed and precipitates. At this point, Foote Minerals would add hydrochloric acid (HCl) and then calcium chloride (CaCl2). The result is that both boron and sulphate compounds react and precipitate out of solution, primarily as gypsum. The resulting “clean†brine is then pumped to a series of 5 ha ponds until LiCl concentration reaches high levels, perhaps 6,000 ppm. At this point, soda ash (Na2CO3) is added and the LiCl reacts to form lithium carbonate, Li2CO3.
Read More: newamericaenergycorp.com/why-brines
~SECURITY DETAILS~
New America Energy Corp. is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, “NECAâ€, and within the OTCQB market tier. As such, Business, operational and financial information on NECA is fully transparent and available to public view.
Visit www.otcmarkets.com/stock/NECA/company-info to see complete details.
New America Energy Corp. is Active on the Nevada Secretary of State site:
nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=S7aU1hbYy2JW6RIyg5Jrhw%253d%253d&nt7=0
Market Value: $5,410,786 a/o Apr 19, 2012
A/S : 75 Million
O/S : 51.9 Million per 10Q 4/16/12 below
FLOAT: Called Transfer Agent no reply on 4/20
(Please note the share structure posted is what we have gathered but can change on a daily basis , please contact the company or transfer agent to get the most current information )
10-Q reported 4/16/12 period ending 2/29/12
www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8546588
Incorporated In: NV,USA
Year of Inc.: 2006
Transfer Agent
Empire Stock Transfer Inc.
1859 Whitney Mesa Dr.
Henderson, NV, 89014
Phone: 702-818-5898
Website: empirestock.com
~LATEST NEWS~
EDGAR Online - (Mon, Apr 16)
NEW AMERICA ENERGY CORP. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com/e/120416/neca.ob10-q.html
PR Newswire - (Thu, Apr 12)
New America Enters Into $3.2 Million Dollar Financing Agreements
finance.yahoo.com/news/america-enters-3-2-million-130000973.html
EDGAR Online - (Mon, Apr 2)
NEW AMERICA ENERGY CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exh
biz.yahoo.com/e/120402/neca.ob8-k.html
PR Newswire - (Wed, Mar 21)
New America Energy Corp. Second Phase Exploration Update
finance.yahoo.com/news/america-energy-corp-second-phase-130000916.html
PR Newswire - (Wed, Feb 8)
New America Energy Announces Appointment of New Director.
finance.yahoo.com/news/New-America-Energy-Announces-prnews-775487359.html?x=0
EDGAR Online - (Thu, Feb 2)
NEW AMERICA ENERGY CORP. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com/e/120202/neca.ob8-k.html
PR Newswire - (Wed, Feb 1)
New America Energy Provides Summary of Lithium Supply and Markets Conference Highlights
finance.yahoo.com/news/New-America-Energy-Provides-prnews-4124452554.html?x=0
PR Newswire - (Tue, Jan 24)
New America Energy Corp. Clayton Ridge Exploration Update
finance.yahoo.com/news/New-America-Energy-Corp-prnews-2464521684.html?x=0
Contact Us
3651 Lindell Rd.
Ste D#138
Las Vegas, NV 89103
Phone: 800-508-6149
Email: info@newamericaenergycorp.com
Website: www.newamericaenergycorp.com