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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

Post by Wangotango67on May 29, 2020 2:22pm
70 Views
Post# 31089039

Just read the latest MD&A

Just read the latest MD&AAppears, i was going off of former estmated brine resources,  several years back...
Just now, i read the new MD&A - here's the updated version of estimated resource - 

The Resource Estimate totals 40,900 tonnes (45,085 tons) of elemental lithium. This can also be 
represented as 217,700 tonnes (239,973 tons) on an LCE basis or 247,300 tonnes (272,602 tons) as LiOHH2O. The average lithium concentration is 123 mg/L based on the calculated lithium mass and the theoretical drainable volume of the host brine aquifer. A substantial part of the brine volume falls between concentrations of 65 mg/L and 221 mg/L lithium.

Now...i couldn't help but notice how the cv holes are almost inline with each, other...
Had they did step out drilling / perhaps the resource, would - increase...
Whom ever directed the drill campaign for cv holes...should have encompassed more area.

Secondly, i also noticed in the MD&A, a map showing each cv hole...but also showing other holes
on the south side, and south east of albermarle, tucked tight to albermarle....
Who owns these holes ?  I think they  begin with - E ?

Lastly...
If PE's lithium is in the form - LiOHH2O.
Then...maybe they should check for other lithium - bonds with a preacid test to the brines.
One never knows...if, one never tries...


Cheers.

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