Business
E3 Lithium Announces Concentration Results from First Well
E3 Lithium Announces Concentration Results from First Well Canada NewsWire ...
About this update from E3 Lithium Ltd
[{"type":"text","content":"\n \n \n \n E3 Lithium Announces Concentration Results from First Well\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Nov. 10, 2022\n \n \n /CNW/ - E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF),\n \n Alberta's\n \n leading lithium developer and extraction technology innovator, is excited to announce the sample results from its first well, which demonstrate lithium concentrations within an area of the Leduc Aquifer never previously tested. Based on brine samples retrieved from five zones, the P50\n \n \n 1\n \n \n lithium concentration from E3 Lithium's (E3) first well is\n \n 76.5 mg/L\n \n .\n \n \n This well is the first of three designed to understand the aquifer's production properties and lithium concentrations in an area not previously tested. This well was completed near the centre of the Clearwater Project Area and is a candidate location for E3's first commercial operation. E3 retrieved samples of brine from five separate intervals to provide a vertical perspective of lithium concentrations across the 200 metres of producible aquifer in this area, outlined in Figure 1. A production test was also completed as described in an\n \n \n October 27, 2022\n \n news release\n \n .\n \n \n The lithium concentrations from E3's first well are slightly higher than other parts of the aquifer with historic sampling results ranging from 74 mg/L to 78 mg/L. Most importantly, however, the results demonstrate consistent and continuous lithium concentration across the Leduc Aquifer which is fundamental for commercial operations.\n \n \n \"This historic well, which was the first of its kind in\n \n Alberta\n \n drilled for the purposes of evaluating lithium, proves consistent lithium concentrations continue into this part of the aquifer,\" said\n \n Chris Doornbos\n \n , President and CEO of E3 Lithium. \"This data validates our model, supports our resource upgrade from Inferred to Measured and Indicated, and increases our confidence in the global significance of the Bashaw District as an emergin...