E3 Metals Engages Integrated Sustainability to Complete Brine Production Infrastructure Study on Clearwater Petro-Lithium Project
E3 Metals Engages Integrated Sustainability to
Complete Brine Production Infrastructure
Study on Clearwater Petro-Lithium Project
TSXV: ETMC
FSE:
OU7A
OTC:
EEMMF
HIGHLIGHTS
Brine production infrastructure study to be conducted on E3's Clearwater Resource
Area
Analysis will include brine production and injection options in the permit area
This is another important step towards demonstrating commercial viability of E3's
Production Flow Sheet
CALGARY
,
June 20, 2019
/CNW/ - E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A)
(OTC:EEMMF) (the "Company" or "E3" or "E3 Metals") is pleased to announce that it has engaged
Integrated Sustainability (IS) to complete a study of E3's brine production and injection infrastructure
optionality in the Central Clearwater Resource Area from the prolific Leduc Reservoir in
Alberta,
Canada
.
Integrated Sustainability is a specialist water infrastructure delivery and operations company with
extensive expertise in all aspects of mine and oilfield water management. They have accumulated a
broad resume of knowledge through various water treatment, storage and disposal projects across
multiple industries. IS has excellent working relationships with regulatory agencies throughout the
Western provinces. These relationships help them to craft an effective approach to applications in
order to minimize risk of re-work and ultimately expedite regulatory approval. IS specializes in the
design, build, operation and transfer water infrastructure projects.
"E3 Metals is very excited to be working with Integrated Sustainability and Fluid Domains on our
Alberta Petro-Lithium Project," stated E3 Metals CEO
Chris Doornbos
. "Both companies bring
significant expertise from the oil and gas industry and are specialists in developing brine production
networks in Alberta. E3 is very pleased to be advancing this work since it is a key component of the
overall lithium production process."
The first step in E3 Metals' flow sheet is the production of brine from the subsurface to the lithium
processing facility and the re-injection of lithium-void brine back into the reservoir. This production
network will consist of a series of wells and pumps that take advantage of the significant production
rates available from the Leduc Reservoir. This brine will be transported via underground pipelines to
the lithium production facility. At this stage, E3 Metals envisages deploying its proprietary ion-
exchange lithium extraction technology to extract and concentrate the lithium (see news release
dated
March 4, 2019
on
www.sedar.com
).
IS will work with Fluid Domains, E3 Metals' resource specialist responsible for completing E3
Metals' resource estimations. Together IS and Fluid Domains will determine the reservoir dynamics,
infrastructure required and ideal location for the brine production network. Existing infrastructure,
such as well sites, pipelines and existing process facilities, are abundant in this region of
Alberta
.
This infrastructure can be leveraged to reduce costs and potentially reduce permitting timelines. IS
will report on a final configuration of E3 Metals' proposed lithium brine production network including
capital and operating costs to build and manage the planned facilities.
Once the brine is processed into a high purity concentrate, it could then be easily processed into
battery-grade lithium hydroxide or lithium carbonate using existing conventional technologies.
Please visit
www.e3metalscorp.com/investors
for more information on E3 Metals lithium production
flow sheet and the Company's development plans.
About E3 Metals Corp.
E3 Metals is a lithium development company with 6.7 million tonnes lithium carbonate equivalent
(LCE) of inferred mineral resources
1
in
Alberta
. Through the commercialization of its proprietary ion
exchange lithium extraction technology, E3 plans to quickly move towards the production of high
purity, battery grade, lithium hydroxide.
E3 Metals Corp. combines a significant resource with the right technology solutions that have the
potential to deliver lithium to market in one of the best jurisdictions in the world. The development of
this resource through brine production is a well understood venture in
Alberta
, where this brine is
currently being produced to surface through extensive oil and gas development.
While the lithium brine and hydrocarbons are mutually exclusive, the Leduc Reservoir can support the
production of brine few others can boast. With an average and consistent lithium grade of 77.4 mg/L
in the Clearwater Resource Area1, E3 Metals' proprietary lithium extraction technology can quickly
produce a concentrate with a grade over 5000mg/L
2
. With 99% of the impurities removed at the
same time and recoveries averaging 90%3, this produces a concentrate feedstock that is likely to be
processed directly by conventional lithium production technology to produce high purity lithium
hydroxide (LiOH∙H2O). The Company's plans are to deliver a process facility of 10,000 tonnes
lithium hydroxide by 2022 and continue expansion to an eventual 50,000 tonnes lithium
hydroxide/year.
More information about E3 Metals can be found on our website by visiting:
www.e3metalscorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chris Doornbos
, President & CEO
E3 METALS CORP.
Chris Doornbos
(P.Geo), CEO and Director of E3 Metals Corp., is a Qualified Person as defined by
NI 43-101 and has read and approved the technical information contained in this announcement.
1: E3 Metals has released information on three 43-101 Technical Reports totaling a resource of 6.7
Mt lithium carbonate equivalent. The Central Clearwater Resource Area (CCRA) Technical Report,
identifying 1.9Mt LCE (inferred), is dated effectiveOctober 27, 2017, and the North Rocky Resource
Area (NRRA) Technical Report was dated effective
October 27, 2017
, identifies 0.9Mt LCE
(inferred). A third report for the Exshaw West Resource Area (EWRA), identifies 3.9Mt LCE
(inferred) and was filed on
June 15, 2018
, effective
June 4, 2018
. All reports are available on
SEDAR (
www.sedar.com
)
2: E3 Metals News Release,
March 4, 2018
: E3 Metals Achieves Major Milestone with Breakthrough
Performance of its Proprietary Lithium Extraction Technology. Available on
www.e3metalscorp.com
and SEDAR (
www.sedar.com
)
3: E3 Metals News Release,
December 4, 2018
: Development of E3 Metals' Extraction Technology
Improves Lithium Concentration and Recovery. Available on
www.e3metalscorp.com
and SEDAR (
www.sedar.com
)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This news release includes certain forward-looking statements concerning the potential of the
Company's projects and technology, as well as management's objectives, strategies, beliefs and
intentions. Forward looking statements are frequently identified by such words as "may", "will",
"plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and
results. Forward-looking statements are based on the current opinions and expectations of
management. All forward-looking information is inherently uncertain and subject to a variety of
assumptions, risks and uncertainties, including the speculative nature of mineral exploration and
development, fluctuating commodity prices, the effectiveness and feasibility of emerging lithium
extraction technologies which have not yet been tested or proven on a commercial scale or on the
Company's brine, competitive risks and the availability of financing, as described in more detail in our
recent securities filings available at
www.sedar.com
. Actual events or results may differ materially
from those projected in the forward-looking statements and we caution against placing undue
reliance thereon. We assume no obligation to revise or update these forward-looking statements
except as required by applicable law.
SOURCE
E3 Metals Corp.
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%SEDAR: 00011471E
For further information:
205 - 227 10th St NW, Calgary, AB T2N 1V5, +1 (587) 324-2775,
[email protected], e3metalscorp.com
CO: E3 Metals Corp.
CNW 03:05e 20-JUN-19