Shares of Lithium Americas (LAC) stock surged on news of a major lithium deposit discovery.

The deposit is located in the Thacker Pass region, which is already home to several other lithium projects.

Lithium Americas is a Canadian mining company that is developing the Thacker Pass project.

The company has a market capitalization of around $3 billion.

The discovery of the new lithium deposit could significantly increase the value of Lithium Americas.

The company's stock price has risen by more than 500% in the past year.

The demand for lithium is expected to grow significantly in the coming years.

The discovery of the new lithium deposit in Nevada is a major positive development for the lithium industry.