E3 Metals Hosts Alberta's Minister of Energy, Outlining Plans to Capitalize on Alberta's Mineral Potential
E3 Metals Hosts Alberta's Minister of Energy,
Outlining Plans to Capitalize on Alberta's
Mineral Potential
CALGARY, AB
, Sept, 23, 2020 /CNW/ - E3 METALS CORP. (TSXV: ETMC) (FSE: OU7A) (OTC:
EEMMF) (the "Company" or "E3 Metals"), an emerging lithium developer and leading lithium
extraction technology innovator, today announced it hosted the Energy Minister,
Sonya Savage
, from
the Government of
Alberta
at the Company's offices in
Calgary
. During this visit, the government
announced it has assembled a five-member panel of experts from the metals and mining industry
whose strategic advice will help government unlock the province's vast mineral potential, including
lithium. The panel will support the province in its efforts to diversify its economy and become a
world leader in mineral resource production.
"We are very happy to host the Minister of Energy at our offices today. This announcement solidifies
the province's commitment for the development of critical minerals. E3 Metals is on the forefront of
lithium development in
Alberta
, a critical mineral that can be produced on the backbone of the oil
industry.
Alberta
has a skilled energy labour force already in place that is well positioned to support
an emerging minerals sector. As E3 Metals works to commercialize lithium production in
Alberta
, we
are excited to participate in this broader effort to position
Alberta
as an international player in a
world increasingly focused on battery materials." Commented
Chris Doornbos
, President and Chief
Executive Officer of E3 Metals.
Sonya Savage
, Minister of Energy
,
Government of
Alberta
"A successful post-pandemic recovery requires a strong and diversified economy.
Guided by the experience of our advisory council, we are designing a new mineral
strategy that will place Alberta at the cutting edge of critical mineral exploration and
development. Doing so will encourage investment and create jobs for
Albertans, supporting our long-term economic recovery."
Today's announcement by the province complements the Canada–U.S. Joint Action Plan on Critical
Minerals Collaboration, which focuses on securing and developing critical mineral supply chains.
Lithium, graphite, cobalt and rare earth elements, all of which play an important role in the production
of lithium-ion batteries and the energy storage sector, are listed as critical minerals. To date, many
other developed economies have put in place a critical minerals strategy including the European
Union,
Japan
, Korea and
Australia
.
E3 Metals continues to develop its 6.7 million tonne of lithium carbonate equivalent inferred mineral
resource
1
in south-central
Alberta
, alongside the advancement of its direct lithium extraction (DLE)
technology with strategic development partner Livent Corporation.
To read more about the government's mineral development initiative announced today, visit:
www.alberta.ca/news
.
About E3 Metals
E3 Metals is a lithium development company with 6.7 million tonnes of lithium carbonate equivalent
(LCE) inferred mineral resources
1
in Alberta. E3 Metals is currently advancing its proprietary direct
lithium extraction (DLE) process in partnership with Livent Corporation (NYSE:LTHM), a global
leader in lithium production, under a joint development agreement. Through the successful scale up
its DLE process towards commercialization, E3 Metals' goal is to produce high purity, battery grade,
lithium products. With a significant lithium resource and innovative technology solutions, E3 Metals
has the potential to deliver lithium to market from one of the best jurisdictions in the world. E3 Metals
also continues to work with partners at the
University of Alberta
and at GreenCentre Canada. For
more information about E3 Metals, visit
http://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 LCE. The Central Clearwater Resource Area (CCRA) Technical Report, identifying 1.9Mt LCE
(inferred), is dated effective
October 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
)
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.
View original content:
http://www.newswire.ca/en/releases/archive/September2020/23/c2463.html
%SEDAR: 00011471E
For further information:
Suite 2300, 150 9th Ave SW, Calgary, AB T2P 3H9, +1 (587) 324-2775,
[email protected], e3metalscorp.com
CO: E3 Metals Corp.
CNW 12:20e 23-SEP-20