Pure Energy is a lithium-brine resource developer that is driven to become the lowest-cost lithium supplier for the burgeoning North American lithium battery industry. Pure Energy is currently focused on the development of our prospective CVS Lithium Brine Project, which has the following key attributes: • A large, strategic land position with excellent infrastructure in a first-class mining jurisdiction: approximately 4,500 hectares (11,000 acres)in Clayton Valley, Esmeralda County, Nevada, located a 3-hour drive from the Gigafactory; • The only lithium brine resource in North America except for Albemarle’s adjoining Silver Peak lithium brine mine, which is the only producing lithium operation in North America; • An inferred mineral resource containing approximately 816,000 metric tonnes of Lithium Carbonate Equivalent (LCE) at an average grade of approximately 102 mg/L lithium, reported in accordance with NI 43-101 (see July 2015 Inferred Resource Report); • An advanced program of testing the efficacy and economics of modern, environmentally-responsible processing technologies to convert the CVS brines into high purity lithium products for new energy storage uses; • A new early stage exploration program on the 13,000-hectare (32,000 acre) Terra Cotta Project (TCP), located on Pocitos Salar in Salta Province; and • An active business development program, applying Company expertise to the evaluation of new lithium targets around the world. Website
Esmeralda County, Nevada
Halfway between Las Vegas and Reno
26,000 Acre Lithium Brine Project
Inferred Resource of 247,000 tonnes lithium hydroxide monohydrate
(218,000 tonnes Lithium Carbonate Equivalent) – June 2017
Lithium-bearing brine has been detected to a depth of 820 meters (2700 feet)
Adjacent to the only producing lithium mine in North America
Significant existing infrastructure
Salar de Pocitos, Salta Province, Argentina
13,000 hectare (32,000 acre) lithium brine prospect
Located in the heart of the Lithium Triangle
Early-stage exploration project
Significant existing infrastructure
Brine is generally accepted as the lowest cost type of lithium resource to process. Pure Energy’s intention is to utilize innovative process technologies to recover and produce low-cost, high-quality lithium products.
- 21st Century Process Technology versus the “Conventional Evaporation Processes”
Potential Recovery >90% vs <50%
Independent of weather and climate
Significantly shortens time to market – months to hours
Smaller environmental footprint
Predicted lower capital costs to build the plant (capex)
and lower operating costs (opex)
Pure Energy Minerals Capital Structure As At April 30, 2019
Shares on issue 191,593,206
Fully Diluted 215,112,360
Pure Energy Minerals Ltd.
Canada Symbol TSXV: PE
USA Symbol OTCQB: PEMIF
German Symbol: AHG1
July 28, 2020 – Pure Energy Minerals Limited (TSX VENTURE:PE) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) is pleased to report the ongoing progress of well CV-09 at its 100%-held Clayton Valley lithium brine project (“CV Project”) located in Esmeralda County, Nevada.
Drilling of well CV-09 has been completed to the planned depth of 1500 feet, the well has been constructed, and well development is complete. Next activities include collection of preliminary bulk lithium brine samples for chemical analysis and testing by Pure Energy’s strategic partner, Schlumberger Technologies Corporation (“SLB”). The CV-09 drill hole exhibits similar stratigraphy and lithologies as shown in Pure Energy’s previous drilling of nearby exploration wells, as anticipated. CV-09 is located within the resource area encompassed by Pure Energy’s Preliminary Economic Assessment study (“PEA”) for the Clayton Valley Project (see news releases of June 26, 2017 and April 6, 2018).
News releases for drill holes CV-01 through CV-08 are available at www.pureenergyminerals.com.
Lithium Hunting In Clayton Valley With Pure Energy Minerals
Pure Energy Minerals | Technology For More Efficient Lithium Production