TORONTO, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V: PLU | OTCQB: PLUUF) is pleased to provide an update on recent initiatives and activities.
Highlights:
Falchani Lithium Chemical Project desktop work for project optimization programs in progress:
Lithium chemical product flexibility to evaluate lithium hydroxide and lithium sulphate from lithium sulphate solution
Lithium process flowsheet optimization program design
By-product phase 2 program design
Macusani Uranium Project desktop work for project optimization programs in progress:
Pre-concentration work program design as follow on to favourable Cameco results
2 tonne uranium sampling program from 5 different deposit areas for future test work completed
Community support initiatives in Peru ongoing to help ensure the health, safety and wellbeing of our host communities
"Our team has been making concerted efforts to support our host communities in these challenging times" stated Alex Holmes, CEO. "Peru has been hit extremely hard by the global pandemic caused by Covid-19 and a focus of ours is in helping ensure our host communities can be safe and responsible in handling the pandemic."
"To our shareholders, as we navigate these times, we want to remind you of the tremendous value opportunity we have with two strategically important critical minerals projects in the green energy/technology industry. We continue to see investment downstream of raw materials in lithium-ion batteries and electric vehicles, and in nuclear energy as a stable clean energy source. At the same time, we are also seeing future supply constraints surfacing in both battery quality lithium chemicals in a fast-growing demand market and in uranium for fuel for nuclear energy plants. The market dynamics, medium and long-term, are unfolding in our favour and we remain focused on de-risking both projects as they are needed in a green recovery world."
MADLONG2029
