Pure Energy Minerals and SLB Receive Key Permits for DLE Pilot Plant at Clayton Valley Lithium Project, Nevada
Pure Energy Minerals and SLB Receive Key
Permits for DLE Pilot Plant at Clayton Valley
Lithium Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2023) -
Pure Energy Minerals Ltd. (TSXV:
PE) (OTCQB: PEMIF)
("Pure Energy" or "the Company") is pleased to announce that all permits have
been received from key governmental agencies for the construction and operation of the direct lithium
extraction (DLE) pilot plant at its Clayton Valley lithium brine project ("CV Project") in Esmeralda County,
Nevada. The final permit required to operate the DLE pilot plant at the CV Project became effective on
March 17, 2023. This permit, together with previously approved permits, authorizes the pilot plant's
construction and operation at the Clayton Valley site. Pure Energy's partner, SLB (formerly
Schlumberger), through its New Energy business, is responsible for the design, construction and
operation of the pilot plant to produce lithium compounds in a highly sustainable manner.
"The development of the pilot plant and application of SLB's sustainable lithium production process at
Pure Energy's Clayton Valley project has important potential for lithium brine projects. Its state-of-the-art
approach to lithium production conserves water, has a considerably smaller footprint, and reduces
environmental impact compared to existing evaporation pond design," stated Mary Little, Pure Energy
director. "As the first project of its kind in North America, we are very pleased with the progress made by
our partner, SLB, in advancing the pilot plant through the permitting milestones. The CV Project
continues to develop, and we look forward to reporting advances as they occur."
About Pure Energy
Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the
growing lithium battery industry.
Pure Energy has consolidated a pre-eminent land position at its Clayton
Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium
resources, comprising 950 claims over 23,360 acres (9,450 hectares), representing the largest mineral
land holdings in the valley.
Pure Energy's strategic partner, SLB, is operator of the Clayton Valley Project. In May of 2019, Pure
Energy and SLB signed an Earn-In agreement over the CV Project which requires significant investment
by SLB at the Project, to include the design and construction of a pilot plant capable of processing
lithium-bearing brines for high-quality lithium hydroxide monohydrate ("lithium hydroxide" or "LiOH∙H2O")
and/or lithium carbonate products at a specified rate.
For further details regarding SLB's participation,
please refer to Pure Energy's Annual General and Special Meeting Management Information Circular
dated April 4, 2019, available on
SEDAR.com
.
On January 3, 2019, the Nevada Division of Water Resources ("NDWR") approved and granted a Finite
Term Water Right to Pure Energy, through its wholly-owned subsidiary Esmeralda Minerals LLC, for the
extraction of up to 50 acre-feet of brine during a 5-year period from the CV properties. This water right is
deemed sufficient for brine testing requirements and SLB's future the pilot plant facility. In July of 2020,
the CV-09 well was completed pursuant to the Finite Term Water Right and results of initial sampling
were published by Pure Energy on October 14, 2020.
On behalf of the Board of Directors,
"
Mary L. Little
"
Director, Pure Energy Minerals Ltd.
Quality Assurance
Walter Weinig, Professional Geologist and Qualified Person (MMSA registration #01529QP), has
reviewed and approved the scientific and technical information presented in this news release for Pure
Energy Minerals Ltd.. He is a qualified person as defined by National Instrument 43-101 -
Standards of
Disclosure for Mineral Projects.
CONTACT:
Pure Energy Minerals Limited (
www.pureenergyminerals.com
)
Email:
Telephone - 604 608 6611
Cautionary Statements and Forward-Looking Information
The information in this news release contains forward looking statements that are subject to a number of
known and unknown risks, uncertainties and other factors that may cause actual results to differ
materially from those anticipated in our forward-looking statements. Factors that could cause such
differences include: changes in world commodity markets, equity markets, costs and supply of materials
relevant to the mining industry, change in government and changes to regulations affecting the mining
industry. Forward-looking statements in this release may include future exploration and development on
the Clayton Valley Project. Although we believe the expectations reflected in our forward-looking
statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity,
performance or achievements.
The Company does not undertake to update any forward-looking information, except as required by
applicable laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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https://www.newsfilecorp.com/release/160149