RE:RE:Time for a new high eh.It's been slowly gaining ground. Probably based on the progress made to date. Pure Energy Minerals' (PE) partner has approval for the construction and operation of a pilot plant at its Clayton Valley Lithium Brine Project.
Schlumberger is the world's leading provider of technology to the global energy industry.
The U.S. Bureau of Land Management approved the Plan of Operations by Schlumberger, Pure Energy's partner and operator of the Clayton Valley Project.
The company has also received permit approval for the associated reclamation plan from the Nevada Division of Environmental Protection, Bureau of Mining Regulation and Reclamation.
Pure Energy has consolidated a and position at its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprising 950 claims over 23,360 acres, representing the largest mineral land holdings in the valley.
Construction and operation of the pilot plant is planned to occur at Pure Energy's Clayton Valley property located 40 miles southwest of Tonopah in Esmeralda County, Nevada.
Pure Energy and Schlumberger signed an Earn-In agreement over the CV Project which requires significant investment by Schlumberger at the Project, to include the design and construction of a pilot plant capable of processing lithium-bearing brines for high-quality lithium hydroxide monohydrate and lithium carbonate products at a specified rate.
"Pure Energy is excited that this important step towards development of the Clayton Valley Project has been achieved. We look forward to advancing the Clayton Valley Project with Schlumberger New Energy," said Pure Energy director Mary Little.