DENVER, May 31, 2018 -- Pure Energy Minerals Ltd. is pleased to announce the completion of basic design for the pilot plant at its flagship Clayton Valley Project . Pure Energy has been working closely with its engineering providers to achieve the basic engineering and ensuing final design of the pilot plant. Building on the work reviewed at an engineering meeting on February 2018 , the basic design includes drafts of [...]
DENVER, May 23, 2018 -- Pure Energy Minerals Ltd. announces that it has accepted the resignation of Mr. Bassam Moubarak from the board of directors of the Company. The Company has appointed Mr. Frank L. Wells, Jr. to fill the vacant spot on the board. Mr. Moubarak joined as a director of Pure Energy at the nomination of Lithium X Energy Corp. in May of 2017. Pure Energy purchased a large block of mineral claims from [...]
DENVER, May 22, 2018 -- Pure Energy Minerals Ltd. is pleased to announce the results from the first two boreholes at its Terra Cotta Project in Salar de Pocitos, Salta Province, Argentina. Anomalous concentrations of lithium were discovered in all brine samples from both diamond-drill core holes, with greater lithium concentrations observed closer to the center of the salar. The drillers reached the target depth of 400 [...]
DENVER, April 05, 2018 -- Pure Energy Minerals Ltd. is pleased to announce that it has filed a revised technical report on SEDAR entitled “Preliminary Economic Assessment of the Clayton Valley Lithium Project, Esmeralda County, Nevada”. The revisions to the technical report as originally filed on August 10, 2017 resulted from a review by the British Columbia Securities Commission that the Company had [...]
DENVER, Feb. 27, 2018 -- Pure Energy Minerals Ltd. is pleased to provide an update on its flagship Clayton Valley Project . After announcing its intent to proceed with a pilot plant in Nevada to achieve several objectives on the path to a feasibility study , Pure Energy has been working closely with several engineering providers to achieve the basic engineering and final design of the plant. Basic engineering of the pilot [...]
DENVER, Feb. 12, 2018 -- Pure Energy Minerals Ltd. is pleased to announce the start of its first exploration drilling program at the Terra Cotta lithium brine project at Salar de Pocitos in the Salta Province of Argentina. The approved Environmental Impact Report authorizes drilling, sampling, and aquifer testing of up to ten exploratory boreholes at the TC Project. The initial phase of work will include approximately [...]
DENVER, Feb. 06, 2018 -- Pure Energy Minerals Ltd. announces that it has now completed the second tranche of the private placement offering announced on December 14, 2017. The Company has issued an additional 5,820,000 Units priced at $0.40 per Unit for additional gross proceeds of $2,328,000. The total number of Units issued from both tranches of the offering was 13,745,000 for total gross proceeds of $5,498,000. Each [...]
Feb. 06, 2018 -- Pure Energy Minerals Ltd. announces that it has completed the first tranche of the private placement offering announced on December 14, 2017. The Company has issued 7,925,000 Units priced at $0.40 per Unit for gross proceeds of $3,170,000. Each Unit consists of one common share and one share purchase warrant, exercisable to acquire one common share for a period of 36 months at a price of $0.55 per share [...]
Jan. 18, 2018 -- Pure Energy Minerals Ltd. announces that, as a result of a review by the British Columbia Securities Commission, this news release is being issued to clarify the Company’s disclosure regarding the most recent technical report for the Company’s Clayton Valley lithium project. The review of the Company’s technical disclosure was commenced in November 2017 at the Company’s request [...]
/STATES./ DENVER, Dec. 14, 2017 /CNW/ - Pure Energy Minerals Ltd. is pleased to announce that it will undertake a private placement offering of units . Canaccord Genuity Corp. will act as the lead agent and sole book runner on a commercially reasonable efforts basis for a syndicate of agents including Red Cloud Klondike Strike Inc. and Beacon Securities Limited. Pursuant to the Offering, the Company will sell up to [...]
DENVER, Dec. 13, 2017 -- Pure Energy Minerals Ltd. is pleased to announce that the Secretary of Mining in the Salta Province, Argentina has granted the Company its environmental impact report for the next phase of work on the Terra Cotta Project at Salar de Pocitos. The approved EIR authorizes drilling, sampling, and aquifer testing at the TC Project, a program which may include up to 10 exploratory boreholes. In early [...]
DENVER, Dec. 06, 2017 -- Pure Energy Minerals Ltd. is pleased to announce the completion of its previously announced acquisition of 1,450 acres of unpatented claims in Esmeralda County, Nevada . The Clayton NE Claims are contiguous with the northern portion of the Company’s Clayton Valley Project and to Albemarle Corporation’s Silver Peak Operations, the only producing lithium brine mine in North America. The [...]
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