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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Neutral

EON Provides Orovada Update

By The Northwire Desk — AI Analysis Jun 16, 2026 · 10:10 EON · 0.02 EON Lithium Corp.
EON · Price

Executive Summary

  • Eon Lithium Corp. is advancing its acquisition of Geovolt Power Corp. (GPC) via a share exchange, with GPC holding 100% of the Orovada lithium brine project in Nevada.
  • GPC has initiated a Time Domain Electromagnetic (TDEM) geophysical survey at the Orovada Project to identify conductive zones and delineate potential drill targets.
  • GPC is undergoing an audit to satisfy TSX Venture Exchange minimum listing requirements, enabling the company to resume trading.

Key Details

  • Transaction Structure: Acquisition of all issued and outstanding shares of Geovolt Power Corp. (GPC) by way of a Share Exchange, per an April 17, 2026 announcement.
  • Target Asset: GPC holds 100% of the Orovada Project, a conceptual lithium brine deposit located in Nevada, USA, adjacent to the Thacker Pass lithium project.
  • Geophysical Survey: Big Sky Geophysics (Bozeman, Montana) contracted to conduct a Time Domain Electromagnetic (TDEM) survey across portions of the Orovada Project.
  • Survey Specifications: Program will utilize a fixed loop rectangle measuring format of 1.5 km by 0.5 km.
  • Technical Objective: TDEM results will be processed using Electro Imaging Technology to generate a 3D profile of potential drill targets, complementing a previous Induced Polarization (IP) survey that identified a subsurface conductive zone.
  • Regulatory Reporting: TDEM results will be integrated into an upcoming National Instrument 43-101 Technical Report prepared by Qualified Person William Feyerabend, CPG.
  • Listing Requirements: GPC is completing an audit to meet TSX Venture Policy minimum listing requirements to return to trading.
  • Signatory: Austin C. Hobkirk, Director, on behalf of the Board of Directors of Eon Lithium Corp.
Read the original news release →

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