Pure Energy Minerals Limited Initiates Drill Permitting at Clayton Valley Lithium Prospect
05.06.2014 | Marketwire
VANCOUVER, BC -- (Marketwired - Jun 5, 2014) - 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 one reverse circulation drill hole, ranging in possible depth of 1,000 feet on its 5,000 acre CV/DB lithium brine project (the "Property") in Esmeralda County, Nevada.The Property is located in Esmeralda County, Nevada, and is contiguous with Rockwood Lithium's Silver Peak mine. In 2010 previous exploration drilling confirmed extended lithium enriched brines at depth on the Property. Two reverse circulation drill holes, 2.3KM spaced, intersected the anticipated target horizon at 145 m depth up to 317 m drilled depth with respect to lithium values larger than 100 mg/L in 2010. Their sample results showed values of lithium ("Li") ranging from 100 mg/L to 400 mg/L with Li values of 370 mg/L over 30m, and Li values averaging of 285 mg/L over 145m of intersection. The mineralized zone is immediately south of the current lithium producing property in Silver Peak, NV. (source: http://rodinialithium.com/news/index.php?&content_id=130 and http://rodinialithium.com/news/index.php?&content_id=99).
A deeper situated second horizon is expected below the above mentioned zone, however it has not been drill tested yet.
On neighboring properties to the West and North West, controlled by Rockwood Lithium Corporation, lithium is economically produced from deep seated lithium brines, assumingly the same horizon, since 1966.
Gerhard Jacob, a Qualified Person under NI 43-101, has reviewed and approved the scientific and technical information in this press release.
Further updates on the projects will follow as soon as field activity is initiated.
About PURE:
PURE (TSX VENTURE: PE) is an innovative hybrid lithium exploration and processing technology company based in Vancouver, British Columbia. PURE is engaged in the exploration and development of innovative mineral processing technologies to test and develop in conjunction with the Company's prospective lithium brine properties located in Esmeralda County Nevada.
On behalf of the Board of Directors
Pure Energy Minerals Limited
On behalf of the Board
Robert Mintak, Chief Executive Officer
We seek Safe Harbor.
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Contact
Pure Energy Minerals Limited
Investor Relations Contact
Email: jeremy@pureenergyminerals.com
Phone: 604-608-6611 Ext 5
Website: pureenergyminerals.com