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Pure Energy Minerals Ltd V.PE

Alternate Symbol(s):  PEMIF

Pure Energy Minerals Limited is a Canada-based lithium resource developer company, which is engaged in the acquisition, exploration and development of mineral properties. The Company's primary project is the Clayton Valley Project (CV Project), which is located in Clayton Valley, Esmeralda County, Nevada. The CV Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global technology partners, Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project. The Company's subsidiaries include 0891884 B.C. Ltd., Esmeralda Minerals, LLC, 1056625 B.C. Ltd., 1061582 B.C. Ltd. and LT Capital Holdings, LLC.


TSXV:PE - Post by User

Bullboard Posts
Comment by Christofferon Jun 27, 2017 10:38am
167 Views
Post# 26408231

RE:RE:RE:Post PEA

RE:RE:RE:Post PEAAfter initial disappointment I am much more positive. We will see their resource increase. They have been very conservative in their estimates, believe their thinking have been, taking a real hit now and then add on positive news over time. To amend the poor job of Mintak. From release I missed initially: 1)The new resource model also incorporates a more conservative specific yield of 0.06 (6%) than was used in the maiden resource.2)The resource estimate does not include brine aquifer volumes at depths greater than bedrock contact of CV-8 (below elevations of approximately 361 meters or 1,184 feet amsl). These deeper brine aquifer volumes remain open for further exploration and characterization. I read that as they did not calculate all the 940m depth on cv-8?! We will have to see but that is a big questionmark to me.
Bullboard Posts