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Pure Energy Minerals Ltd. (PE) RSS Feed

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Welcome! to the Pure Energy Minerals Ltd. Board
 
Company Websitewww.pureenergyminerals.com

TSX.V:PE      OTCMKTS:HMGLF

About Pure

Pure Energy Minerals Ltd. (V.PE) is a well-financed lithium brine exploration and processing developer with a focus on sustainable lifecycle solutions for lithium supply in North America. Based in Vancouver, BC, Pure Energy has an experienced management team with backgrounds in finance, exploration, geoscience, lithium processing, permitting and construction. The Company is currently focused on advancing their flagship lithium brine project in Clayton Valley, Nevada.
Revolutionizing EV Energy Storage
 

 

 
 
 
Pure Energy Minerals Limited Newsletter 2015 Vol. 2
TSX-V: PE   Frankfurt: AHG
View this email in your browser
Website
Brochure
Presentation
 
In this edition:
  • Exploration update - initial seismic data reveals positive news
    Pure Energy expands placer minerals claim in Clayton Valley
    Commercialy-focused MOU executed with POSCO
    New board member, Mary Little, M.Sc., M.B.A.
    Pertinent industry news
 
Pure Energy executed the most comprehensive seismic program ever conducted in Clayton Valley which resulted in an unprecedented view into the basin underlying our claim area.
Preliminary Seismic Data Reveals Mineralized Zone Extends Throughout Claim Area

Pure Energy invested significant resources into completing a very comprehensive seismic reflection survey spanning a large portion of Clayton Valley.  The purpose of the seismic work is to get a view deep into the basin to illustrate the depth and areal extent of mineralized zones that potentially contain lithium resources.  When coupled with our intrusive work (i.e. drilling), and other geophysics data (such as downhole geophysics and gravity data) we are able to assemble a geologic model of the basin.  This will identify the potential size of mineralized zones, which is critical to calculating the inferred resource potential and future drill targets.  High quality data is clearly of value, and Pure Energy took the 'cadillac' approach - 600 data collection sites and nearly 20 kms of seismic transects.  Over 1 terabyte of data was collected, analyzed and interpreted.

The initial results are very positive, demonstrating that the mineralized zone intersected in Pure Energy's recent drilling campaign extends throughout Pure Energy's entire claim area, from the existing Silver Peak lithium operations southwards to include the new lithium placer claims recently acquired by Pure Energy.  In addition, the mineralized zone appears to extend deeper than the base of the existing and historical exploration boreholes and maintains this thickness throughout the entire basin.  These findings will be incorporated into the forthcoming Inferred Resource Assessment Report (NI 43-101 complaint).

 
The recent exploration program prompted Pure Energy to expand its place mineral claim area from 4,500 acres to over 8,000 acres.

Pure Energy Expands Clayton Valley Claim Area by 80% to Over 8,000 Acres

Pure Energy recently expanded its initial claim area by over 3,500 acres to secure areas of interest highlighted by the recent exploration work.  Pure Energy's wholly owned US subsidiary, Esmeralda Minerals LLC,  secured 963 acres of lithium placer mining claims, while the remaining 2,542 acres of lithium placer claims were acquired through a binding agreement with Nevada Alaska Minerals.  

Pure Energy's claims now total 8,037 acres, or an area approximately 10 km long by 2 km wide.  To provide a sense of scale, the area covered by wells at the Silver Peak lithium mine immediately to the north of Pure Energy's claim area cover approximately 2,300 acres.  

The claim extension was prompted by the recent exploration program.  The initial geophysics results indicated that an expansion of claim area eastward along the southern portion of our claim was warranted, illustrated in the figure above. 

These new claim areas will be included in future exploration plans as Pure Energy advances its development strategy towards developing a highly-valued lithium asset in the USA.




All of the images above were created from the Company's website on 1/15/2013
Visit the Pure Energy Minerals Ltd. website for more information:
www.pureenergyminerals.com



https://www.facebook.com/Pure-Energy-Minerals



https://twitter.com/pureenergyminer

 
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