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Pure Energy Minerals is pleased to announce the completion of its geophysical Gravity and Controlled Souce Audio-Magneto-Telluric surveys
VANCOUVER, British Columbia, Dec. 19, 2012 /CNW/ - Pure Energy Minerals (TSX VENTURE: P...
About this update from Pure Energy Minerals Ltd.
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, British Columbia, Dec. 19, 2012 /CNW/ - Pure Energy Minerals (TSX VENTURE: PE) (\"the Company\" or \"Pure Energy\") is pleased to announce the completion of its geophysical Gravity and Controlled Souce Audio-Magneto-Telluric surveys (CSAMT/MT) over portions of the Company's AF Claims in Esmeralda County, Nevada. Previous gravity surveys and a test CSAMT/MT survey, in addition to an initial National Instrument 43-101 document, identified two anomalous bedrock low areas (termed Northern and Southern Anomalies or sub-basins) suitable for additional geophysical surveys. The general purposes of the geophysical surveys are to map depth to bedrock, or thickness of sediments, map geologic stratigraphy and structure relative to the occurrence of lithium brine, identify conductors that are thought to be representative of lithium-bearing brine, and to provide information for the selection and design of additional geophysical surveys or the identification of drilling locations.\nJason Dussault, Pure Energy Chief Executive Officer said, \"We are very encouraged by the early exploration results to date. The field has reported extremely good preliminary data and that the working conditions were ideal with favorable weather and little wind. We anticipate interpretation and the final report in the next 14 days.\"\nFor more technical information on Pure Energy's Nevada property, please refer to: Pure Energy Minerals LtdOn behalf of the BoardJason Dussault CEO\nStatements in this press release regarding the Company which are not historical facts are \"forward-looking statements\" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as \"may\", \"expect\", \"estimate\", \"anticipate\", \"intend\", \"believe\" and \"continue\" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties such as the risk that the closing may not occur for any reason. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) the inability of the parties to consummate the definitive letter agreement; (ii) fluctuation of mineral prices; (iii) a change in market conditions; (iv)...