Pure Energy Minerals Limited Initiates Drill Permitting At Alkali Flats Lithium Prospect
VANCOUVER, British Columbia, February 26 2013 - Pure Energy Minerals Limited (TSX
| VENTURE: PE) (the “Company” or “Pure Energy”) is pleased to announce | that the Company’s | ||
| operator, GeoXplor Corp., has recently submitted a drilling permit application to the Bureau of Land | |||
| Management field office in Tonopah, Nevada on Pure Energy’s behalf. | The permit provides for the | ||
| drilling of up to 8 drill holes on its Alkali Flats lithium brine property in Esmeralda County, Nevada. | The |
Company anticipates receiving approval of the permit within 30 days.
Pure Energy intends to commence drilling during the second quarter of 2013 if ground conditions are favorable.
| Geophysical | survey work | to date has identified a closed basin and confirmed conductors that are thought |
| to be representative of lithium bearing brine present in the basin. |
Through recent staking, Pure Energy now holds the rights to acquire approximately 7000 acres in the Montezuma Valley adjacent to Clayton Valley. Clayton Valley is home to the Silver Peak Lithium mine owned by Rockwood Lithium, the only lithium brine producer in the United States.
Pure Energy Minerals Limited
On behalf of the Board Jason Dussault Chief Executive Officer
About Pure Energy
Pure Energy Minerals Limited is an innovative junior mining company based in Vancouver, British Columbia, Canada. The Company is engaged in the acquisition, exploration and development of mineral properties throughout the world. Currently Pure Energy is focusing its efforts on lithium mining opportunities and related technologies. The Company’s Alkali Flats Project in Esmeralda County Nevada represents approximately 7000 acres in proximity to the Clayton Valley Playa, where lithium rich brines and evaporates have been accumulating for tens of thousands of years. The area is home to the only U.S. based lithium producing plant, the Silver Peak plant operated by Chemetall Foote Corporation, a subsidiary of Rockwood Holdings, Inc. The Silver Peak plant has been in production since 1967.
For further details about the Company and its projects please visit Pure Energy’s website at: http://pureenergyminerals.com/
Forward Looking Information
This news release contains “forward-looking statements” about the Company’s drilling plans. Forwardlooking statements, while based on management’s best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to weather conditions. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake any responsibility to update forward-looking statements, except as required by law.
We seek Safe Harbor.
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.
Investor Relations Contact Email: [email protected] Phone: 604-608-6611 Ext 290 Website: pureenergyminerals.com
SOURCE: Pure Energy Minerals Limited