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Bullboard - Stock Discussion Forum 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... see more

TSXV:PE - Post Discussion

Pure Energy Minerals Ltd > news out. Lol no one noticed
View:
Post by slp79 on Jul 28, 2020 5:56pm

news out. Lol no one noticed

Drilling of well CV-09 has been completed to the planned depth of 1500 feet, the well has been constructed, and well development is complete. Next activities include collection of preliminary bulk lithium brine samples for chemical analysis and testing by Pure Energy's strategic partner, Schlumberger Technologies Corporation ("SLB"). The CV-09 drill hole exhibits similar stratigraphy and lithologies as shown in Pure Energy's previous drilling of nearby exploration wells, as anticipated. CV-09 is located within the resource area encompassed by Pure Energy's Preliminary Economic Assessment study. And at the bottom u will see they reture the south America project back
Comment by PL1001 on Jul 29, 2020 7:55am
Test results should be good news shortly for this. Is this the deepest they've drilled at 1500 ft?
Comment by slp79 on Jul 29, 2020 9:27am
Yes i believe its the deepest hole ever. Y u think its going to be shortly ? The way things are going I wouldn't be surprised 2 months from now to hear the news.
Comment by PL1001 on Jul 29, 2020 7:03pm
I'm hoping for about 4 week turnaround. I'd imagine they'll be setup to collect samples next week. SLB is doing the primary testing I believe and they should have lab space booked because they know what's coming. We'll get an update end of Aug regardless with MD&A release. They still owe shareholders a yearly update too which should be late Aug early Sept, possibly combined ...more  
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