Enertopia Corporation reports high levels of lithium in new round of testing in Nevada
Enertopia Corporation (CSE:TOP) (OTCMKTS:ENRT) announced positive new lithium test results from the company’s Clayton Valley project in Nevada.
The Kelowna-based company informed investors on Tuesday that pre-stripping results show high levels of lithium being put into a solution while maintaining very low impurity levels.
The technology company is aiming to determine if it is viable to pre-strip the impurities from the claystone zones at Clayton Valley prior to making synthetic brine.
READ: Enertopia sees potential for Nevada to become a secure lithium producer in the next decade
The results indicate that Enertopia should be able to increase the lithium in the solution going forward, using off-the-shelf technology. Reduction of impurities in synthetic brine for processing is a key part of process cost reduction, the company told shareholders.
“Our ongoing solution testing of the drilled lithium horizons continues to provide great insights and novel ways to strive for a low-cost mining and processing solution to unlock the potential value of the Lithium enriched claystone,” said CEO Robert McAllister in a statement.
The next step in the process will involve adsorption testing that will aim to reduce contaminants while concentrating the amount of lithium in the solution.
Enertopia said its pre-processing adjustments have demonstrated positive outcomes as contaminant minerals are greatly reduced, allowing for a synthetic lithium brine that contains the fewest contaminants to be processed.
“We continue to believe that the lithium-hosted claystone deposits in Nevada could become major sources of lithium production in the 2020s and offer the US a secure domestic supply of battery-grade lithium products,” the company said in a statement.
Enertopia is exploring various strategies to continue work at Clayton Valley, including a sale or strategic alliance.
Contact Angela at [email protected]
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Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/903356/enertopia-corporation-reports-high-levels-of-lithium-in-new-round-of-testing-in-nevada-903356.html
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