Pure Energy Minerals Limited Initiates Drill Permitting at Clayton Valley Lithium Prospect
05 Junio 2014 - 11:35AM
Marketwired
Pure Energy Minerals Limited Initiates Drill Permitting at Clayton
Valley Lithium Prospect
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.
Pure Energy Minerals Limited
On behalf of the Board Robert Mintak Chief Executive Officer
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
Robert Mintak
Chief Executive Officer
Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
We seek Safe Harbor.
NEITHER THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Pure Energy Minerals Limited Investor Relations Contact Email:
jeremy@pureenergyminerals.com Phone: 604-608-6611 Ext 5 Website:
pureenergyminerals.com
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