Century Lithium Reports Progress at Its Lithium Extraction Facility IN Nevada
TSXV: LCE | OTCQX: CYDVF
Suite 1610 - 777 Dunsmuir Street, Vancouver, BC V7Y 1K4 Canada
NEWS RELEASE
CENTURY LITHIUM REPORTS PROGRESS AT ITS
LITHIUM EXTRACTION FACILITY IN NEVADA
December 11, 2023 – Vancouver, Canada – Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt:
C1Z) (“Century Lithium” or “the Company”) is pleased to report progress and further developments at its
Lithium Extraction Facility (“Pilot Plant”) in Amargosa Valley, Nevada.
Highlights
• Further process improvements implemented at the Pilot Plant, resulting in lithium grades
consistently exceeding 14 grams/liter in the intermediate solutions produced (up from 7.5
grams/liter reported in August 2023)
• Pilot Plant tests ongoing completing 23 months of safe operation
• Work with Koch Technology Solutions LLC (“KTS”) on direct lithium extraction (“DLE”) is
ongoing; delivering repeatable results and exceeding expectations
• KTS to complete commercial design of a DLE installation for the Project in January 2024
On August 9, 2023, the Company reported achieving an increase of lithium grades in the intermediate
solutions produced at the Pilot Plant to the highest levels to date, with an average grade of 7.5 grams/liter
lithium. This increase in concentration was attributed to the integration of Koch Technology Solutions Li-
ProTM equipment into the DLE area. In mid-August, the Company added an osmotically assisted reverse
osmosis (“OARO”) unit downstream of the DLE area. (Description of the process can be found at the
Company’s technology partner Saltworks’ website: OARO—Saltworks Announces Osmotically Assisted RO
Tech | Saltworks Technologies). With the OARO unit in operation at the Pilot Plant, Century has consistently
achieved lithium grades exceeding 14 grams/liter in its intermediate solutions, accompanied by
significantly reduced levels of impurities.
Century’s collaboration with KTS continued to produce exceptional results within the DLE area of the Pilot
Plant. With nearly 3,000 operating cycles of the equipment completed since its installation in April 2023,
results have exceeded target levels for both lithium extraction and rejection of impurities from leach
solutions. With these positive results, the Company anticipates KTS completing its commercial design of a
DLE installation for the Project in January 2024.
Century’s team continues to innovate and improve its process flowsheet for the Project through testing
equipment, reagents, and alternate configurations of its flowsheet at the Pilot Plant. This work will
continue into the coming year as the Pilot Plant generates data to support and further de-risk the Project
and addresses recommendations identified during the Feasibility Study.
Qualified Person
Suite 1610 - 777 Dunsmuir Street, Vancouver, BC V7Y 1K4 Canada
2
Todd Fayram, MMSA-QP and Senior Vice President, Metallurgy of Century Lithium is the qualified person
as defined by National Instrument 43-101 and has approved the technical information in this release.
About Century Lithium Corp.
Century Lithium Corp. (formerly Cypress Development Corp.) is an advanced stage lithium company,
focused on developing its 100%-owned Clayton Valley Lithium Project in west-central Nevada, USA.
Century Lithium is currently in the pilot stage of testing on material from its lithium-bearing claystone
deposit at its Lithium Extraction Facility in Amargosa Valley, Nevada and progressing towards completing
a Feasibility Study and permitting, with the goal of becoming a domestic producer of lithium for the growing
electric vehicle and battery storage market.
ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer
For further information, please contact:
Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851
Toll Free: 1 800 567 8181
centurylithium.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements that may be deemed to be "forward-looking statements". Forward-looking
statements are subject to risks, uncertainties and assumptions and are identified by words such as “expects,”
“estimates,” “projects,” “anticipates,” “believes,” “could,” “scheduled,” and other similar words. All statements in this
release, other than statements of historical facts, that address events or developments that management of the
Company expects, are forward-looking statements. Although management believes the expectations expressed in
such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from those in the forward-looking statements.
The Company undertakes no obligation to update these forward-looking statements if management’s beliefs,
estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from
those in forward-looking statements, include market prices, exploration, and development successes, continued
availability of capital and financing, and general economic, market or business conditions. Please see the public filings
of the Company at www.sedar.com for further information.