Global Energy Metals Reports ON Strong Lithium Recovery Testing with GEO40 and Production of 99.9% Battery Grade Lithium Carbonate Product
GLOBAL ENERGY METALS REPORTS ON STRONG LITHIUM RECOVERY TESTING WITH
GEO40 AND PRODUCTION OF 99.9% BATTERY GRADE LITHIUM CARBONATE PRODUCT
Vancouver, BC / TheNewswire / June 23, 2025 / Global Energy Metals Corpora Ton TSXV:GEMC |
OTCQB:GBLEF | FSE:5GE1 (“Global Energy Metals” , the “Company” and/or “GEMC”) , is a mul)-
jurisdic)onal, mul)-commodity cri)cal mineral explora)on, development and project genera )ng
company focused on growth-oriented projects suppor)ng the global transi)on to clean energy.
Global Energy Metals previously reported that it has entered into a non-binding LeAer of Intent (the
“Agreement”) with NeoLithica Ltd. (“NeoLithica”) to acquire an eighteen month op )on to acquire a
19.9% interest and a 1% Net Smelter Return (“NSR”) royalty over NeoLithica’s Peace River Lithium
Project (“Peace River” and/or the “Project”). For addi)onal informa)on on the terms of the Agreement
and details on the Project please refer to Global Energy’s news release dated February 4, 2025.
GEMC is pleased to announce tes)ng results from brine sourced from NeoLithica’s Peace River Project
in NW Alberta, Canada. NeoLithica is currently undertaking a strategic evalua )on to assess
development op)ons available to service growing North American lithium market demand while
maximizing the long-term value of one of Canada’s largest lithium brine inferred resource. Please refer
to the mineral resource prepared by Fluid Domains in accordance with the Canadian Securi )es
Administra)on’s Na)onal Instrument 43-101 Standards for Disclosure of Mineral Projects and Canadian
Ins)tute of Mining and Metallurgy guidelines and defini)on standards. The effec)ve date of this report
is January 30, 2023.
NeoLithica entered into a Pilot Test Agreement with Geo40, LLC (Geo40) in Q1 2025 , for Geo40 to
Figure 1. Loca.on at the Peace River project in Alberta of lithium-brine collected and transported to the DLE Test Facility.
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demonstrate its brine pre-treatment regime, Direct Lithium Extrac )on (DLE) technology, and the
interface between the two. NeoLithica transported 6,000 litres of lithium-bearing oilfield brine from a
third-party well at its Peace River 10 million tonne lithium carbonate equivalent (“LCE”) asset to
Geo40’s Estevan, SK pilot site. Ader comple)on, Geo40 delivered a Pilot Report on its DLE technology
(summarized as follows), which included a preliminary OPEX es)mate based on the results of the test
campaign.
Mitchell Smith, President, CEO and Director commented:
“Despite prices languishing and expected to remain flat this year, lithium remains cri.cal and at the
forefront for North American energy independence, underpinning the long-term fundamentals of the
industry and necessity for security of supply. We are extremely pleased by Geo40’s lithium brine tes.ng
results from NeoLithica’s Peace River project in Alberta and look forward to working together to further
unlock value for our shareholders and place the Peace River project in the vanguard of lithium brine
resources under development in Canada.”
Geo40’s direct lithium extrac)on (DLE) technology was able to e ffec)vely extract lithium from
NeoLithica’s Peace River brine, demonstra)ng its brine pre-treatment regime, DLE technology and the
interface between the two worked very effec)vely. The brine samples were treated using Geo40’s
proprietary brine pre-treatment process prior to conduc)ng the lithium extrac)on process through the
pilot plant. The DLE process was performed in a system where Geo40’s proprietary lithium-selec )ve
Geosieve sorbent is recycled to the front end of the process at the conclusion of each cycle for re-use.
When tes)ng new brine chemistries, Geo40 will typically conduct significant op)miza)on on the brine
to achieve pilot results that match its expected pilo)ng program outcomes. As an)cipated, this was the
case with the Peace River brine. A key efficiency and cost driver is achieved by op)mizing Geo40’s brine
pre-treatment process and determining the required interface with the DLE pilot unit to op )mize
Geosieve’s effec)veness. This resulted in a lithium chloride eluate averaging 749 mg/L lithium, a 13-fold
increase in concentra)on from the brine provided, and overall lithium recoveries consistently averaging
97%. Geo40 reports that further process op)miza)ons has the poten)al to ul)mately produce an
eluate with a lithium concentra)on of up to 3,000mg/L.
At the end of the trial, a small volume of lithium-rich liquor, in the form of lithium chloride (LiCl) as the
final product, was shipped to Geo40’s lab for further evalua )ons. A small sample of baAery grade
lithium carbonate was precipitated from the NeoLithica eluate. The purity of the sample was measured
by ICP-OES, and when compared the Albemarle and SQM specifica)ons for baAery grade product, the
NeoLithica sample exhibited >99.9% purity mee)ng the main baAery grade specifica)ons, no)ng that a
third party has not verified the results and this is solely based on the internal ICP results. A sample of
the eluate and lithium carbonate were shipped to NeoLithica in Calgary.
This report also detailed pilo)ng results, including preliminary OPEX modelling of a commercial scale
DLE plant. Based on the results achieved to date, Geo40’s technology has the poten )al to recover
lithium from NeoLithica’s Peace River oilfield brine at a compe))ve cost, which is expected to be
reduced further through process op)miza)on and poten)ally lower input costs including locally
sourced chemicals, electricity, and water .
It is an)cipated that these results of the DLE pilot program will contribute to NeoLithica producing a
preliminary economic assessment on the produc)on of LiCl concentrate and further refined technical-
and baAery-grade Li2CO3, extracted from its lithium-bearing brines. In addi)on, it is intended that the
lithium chloride and lithium carbonate chemistry will be made available to a number of poten )al
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customers for their qualifica)on test work for baAery applica)ons. This is a cri)cal step to poten)ally
aArac)ng industry par)cipa)on and securing poten)al off-take agreements with global companies
seeking sustainable and robust solu)ons to meet their demand for lithium.
The pilot tests already conducted by Geo40 and others, in conjunc)on with addi)onal pilot tests to be
conducted by addi)onal innova)ve DLE solu)ons providers in 2025, will assist NeoLithica’s in its
selec)on of its primary DLE vendor . It is contemplated that in future larger-scale pilo)ng campaigns,
NeoLithica intends to process brine from the company’s own wells as part of future drill plans.
Global Energy is relying on the informa)on provided by NeoLithica Ltd and the Pilot Report authored by
Geo40.
About Geo40 LLC
Geo40 sustainably recovers minerals from brines. It has mature technology for the extrac)on of silica
nano-par)cles from hot geothermal fluids and operates two plants in New Zealand. Geo40 has also
developed a unique ion-exchange DLE technology and is focussed on the recovery of lithium from
North American produced waters. The Company’s two pilot plants have travelled across all the
significant oil and gas basins of North America. It plans to deploy a c100-200tpa LCE pre-commercial
DLE plant in North America later in 2025.
About NeoLithica Ltd.
NeoLithica is an emerging lithium resource development company that plans to incorporate innova)ve
direct lithium extrac)on (“DLE”) and refining technologies to produce baAery-grade lithium compounds
in support of Canada’s cri)cal mineral supply chain. The Company is headquartered in Calgary, Alberta.
Market and Industry Data
This news release includes market and industry data and forecasts that were obtained from third-party
sources, industry publica)ons and publicly available informa)on. Third-party sources generally state
that the informa)on therein has been obtained from sources believed to be reliable, but there can be
no assurances as to the accuracy or completeness of included informa )on. Although management
believes it to be reliable, management has not independently verified any of the data from third-party
sources referred to in this news release or analyzed or verified the underlying studies or surveys relied
upon or referred to by such sources, or ascertained the underlying economic assump)ons relied upon
by such sources.
Figure 2. BaSery-grade Li2CO3 sample produced for NeoLithica.
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For Further InformaTon:
Global Energy Metals Corpora)on
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: [email protected]
t. + 1 (604) 688-4219
www.globalenergymetals.com
TwiAer: @EnergyMetals | @USBaAeryMetals | @ElementMinerals
Global Energy Metals CorporaTon
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offers investment exposure to the growing rechargeable baSery and electric
vehicle market by building a diversi fied global porYolio of explora.on and growth-stage baSery
mineral assets.
Global Energy Metals recognizes that the prolifera.on and growth of the electrified economy in the
coming decades is underpinned by the availability of baSery metals, including cobalt, nickel, copper,
lithium and other raw materials. To be part of the solu .on and respond to this electri fica.on
movement, Global Energy Metals has taken a ‘consolidate, partner and invest’ approach and in doing so
have assembled and are advancing a porYolio of strategically significant investments in baSery metal
resources.
As demonstrated with the Company’s current copper, nickel and cobalt projects in Canada, Australia,
Norway and the United States, GEMC is inves.ng-in, exploring and developing prospec.ve, scaleable
assets in established mining and processing jurisdic.ons in close proximity to end-use markets. Global
Energy Metals is targe.ng projects with low logis.cs and processing risks, so that they can be fast
tracked to enter the supply chain in this cycle. The Company is also collabora.ng with industry peers to
strengthen its exposure to these cri.cal commodi.es and the associated technologies required for a
cleaner future.
Securing exposure to these cri .cal minerals powering the eMobility revolu .on is a
genera.onal investment opportunity. Global Energy Metals believes Now is the Time to be part of this
electrifica.on movement.
CauTonary Statement on Forward-Looking InformaTon:
Certain informa.on in this release may cons .tute forward-looking statements under applicable
securi.es laws and necessarily involve risks associated with regulatory approvals and .melines.
Although Global Energy Metals believes the expecta.ons expressed in such forward-looking statements
are based on reasonable assump.ons, such statements are not guarantees of future performance and
actual results or developments may differ materially from those in the forward-looking statements.
Except as required by law, the Company undertakes no obliga .on to update these forward-looking
statements in the event that management’s beliefs, es .mates or opinions, or other factors, should
change.
GEMC’s opera.ons could be significantly adversely affected by the effects of a widespread global
outbreak of a contagious disease, including the recent outbreak of illness caused by COVID-19. It is not
possible to accurately predict the impact COVID-19 will have on opera.ons and the ability of others to
meet their obliga.ons, including uncertain.es rela.ng to the ul.mate geographic spread of the virus,
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the severity of the disease, the dura.on of the outbreak, and the length of travel and quaran .ne
restric.ons imposed by governments of a ffected countries. In addi.on, a significant outbreak of
contagious diseases in the human popula.on could result in a widespread health crisis that could
adversely affect the economies and financial markets of many countries, resul.ng in an economic
downturn that could further affect opera.ons and the ability to finance its opera.ons.
For more informa.on on Global Energy and the risks and challenges of their businesses, investors
should review the filings that are available at www.sedar.com.
Neither TSX Venture Exchange nor its Regula.on 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.
We seek safe harbour.