Pure Energy Minerals Ltd (PEMIF)

[TradingCharts]

October 14, 2020) - Pure Energy Minerals Limited (TSXV: PE) (OTCQB: PEMIF) (the "Company" or "Pure Energy") is pleased to report sample results received from a new, recently drilled well, CV-9, at its 100%-held Clayton Valley lithium brine project ("CV Project") located in Esmeralda County, Nevada. Pure Energy's strategic partner, Schlumberger Technologies Inc. ("Schlumberger"), is operator of the program and was responsible for all phases of the drilling, well construction, and sampling at CV-9 (see press release of July 28, 2020).

Six samples of lithium-rich brine were collected from CV-9 during nine hours of continuous pumping. Analyses of the samples returned lithium concentrations of 180 to 184 milligrams per litre (mg/L) for the majority of the pumping time, with an additional higher result of 251 mg/L (Table 1) measured in the earliest sample collected. These results show consistency over time and are in line with lithium values from nearby wells CV- 1 and CV-3.

Samples collected during pumping at CV-09 yielded consistently high lithium values. CV-9's pumping sample results show brine composition containing relatively low concentrations of impurities such as magnesium (Mg), calcium (Ca) and potassium (K). Characteristically, the brines from Pure Energy's previous exploration drill holes have provided high quality brines with low impurities, which are important in the production of lithium monohydrate (hydroxide) and lithium carbonate, the principal lithium compounds used in fabrication of lithium-ion batteries.

https://stockhouse.com/news/press-releases/2020/10/14/pure-energy-reports-analytical-results-from-well-cv-9-at-clayton-valley-lithium