Business
Pure Energy Minerals Provides Update for Clayton Valley Lithium Brine Project
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Pure Energy Minerals Ltd. (TSXV: ...
About this update from Pure Energy Minerals Ltd.
[{"type":"text","content":"Pure Energy Minerals Provides Update for Clayton Valley Lithium Brine ProjectVancouver, British Columbia--(Newsfile Corp. - July 2, 2024) - Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) (\"Pure Energy\" or \"the Company\") is pleased to report progress at the Clayton Valley lithium brine project (\"CV Project\") located in Esmeralda County, Nevada. Pure Energy entered into a partnership with SLB (NYSE: SLB) to sustainably develop at scale lithium claims held by Pure Energy in the Clayton Valley. SLB has deployed a demonstration plant onsite to test an integrated approach that combines subsurface expertise and surface engineering of advanced technologies, including direct lithium extraction (DLE) (Figure 1).The important advances made on the project include:Application for, and receipt of, final permits from government agencies for the construction and operation of the demonstration plant;Completion of plant construction;Commencement of technical trials, which are ongoing.The sustainable lithium production demonstration plant is located five kilometers southeast of the town of Silver Peak, Nevada, on Bureau of Land Management (\"BLM\") lands. Pure Energy holds 950 BLM mineral claims in the Clayton Valley area.The project received all necessary permits from the State of Nevada and the Nevada Division of Water Resources for the demonstration plant construction and water discharge in 2022 and 2023, respectively. Construction was largely completed by Q3 of 2023 (News release of March 28, 2023).\"SLB's demonstration plant represents a significant step toward sustainable lithium brine production at scale. The ongoing technical trials at the facility give us increased confidence that SLB's integrated approach is the future for lithium brine extraction in Clayton Valley and elsewhere,\" stated Joseph Mullin, Pure Energy's CEO.The information in this news release has been reviewed and approved by Mary L. Little, MMSA #01503, who is a Qualified Person as defined by National Instrument 43-101. Ms. Little is a director of the Company and therefore, is not considered to be independent.About Pure EnergyPure 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 Clayt...