Pure Energy Minerals Ltd (PEMIF)

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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.