Business
E3 Lithium Outlines Drilling Update; Files Technical Report for More than Tripling of Inferred Resource in Bashaw District
E3 Lithium Outlines Drilling Update; Files Technical Report for More than Tripling of Inf...
About this update from E3 Lithium Ltd
[{"type":"text","content":"\n \n \n \n E3 Lithium Outlines Drilling Update; Files Technical Report for More than Tripling of Inferred Resource in Bashaw District\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 Sept. 1, 2022\n \n \n /CNW/ - E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF),\n \n Alberta's\n \n leading lithium developer and Direct Lithium Extraction (DLE) technology innovator is pleased to provide an update on its drill program that began in June 2022.\n \n \n \n \n \n \n \n \n \n E3 Lithium (E3) began drilling the first-in-\n \n Alberta\n \n brine production well for the purposes of evaluating lithium on\n \n June 24, 2022\n \n and completed drilling operations on\n \n July 7, 2022\n \n . E3 is pleased to report it has now finished completion and sampling operations on this well, which included retrieving brine samples from five zones within the approximately 200-metre-thick Leduc Reservoir. The thickness of the reservoir and the pressures found were in line with expectations.\n \n \n The brine samples are being analyzed by a third-party laboratory to verify lithium concentrations and will be reported once complete.\n \n \n E3 began drilling its second well on\n \n July 23, 2022\n \n and reached its planned depth on\n \n August 4, 2022\n \n . Brine samples retrieved from this well, located close to 20 kilometres southeast of the first well, will also be analyzed by an independent third party to verify lithium concentrations and once complete, results will be reported.\n \n \n \"We are extremely pleased with the progress we have made and the results achieved to date on the first lithium evaluation wells in\n \n Alberta\n \n ,\" said\n \n Chris Doornbos\n \n , President and CEO of E3 Lithium. \"Achieving the goals E3 set for the program and confirming our understanding of the Leduc Reservoir increases the geologic confidence in our resource and supports us in meeting important upcoming milestones, such as upgrading from Inferred resources to Measured and Indicated.\"\n \n \n All wells E3 is drilling in ...