Pure Energy Minerals Ltd V.PE

Alternate Symbol(s): PEMIF

Metals & Mining Industrial Metals & Minerals

Pure Energy Minerals Limited is a Canada-based lithium resource developer. The Company is engaged in the exploration and development of mineral properties. Its Clayton Valley lithium brine project (CV Project) is located in Esmeralda County, Nevada. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). The Clayton Valley Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. Its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprises 950 claims over 23,360 acres (9,450 hectares). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global multinational technology partners such as Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project.

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Pure Energy Minerals Ltd

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Comment by brendellyon May 10, 2010 10:58pm

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Post# 17083043

RE: Hold your horses

Corp update regarding their strategy going into the summer is what I would like to see from these guys. The latest drill results mention a spring/summer start on the ground work. I'm sure the promotional wheels are spinning to get things rolling especially the share price. 17 million CAPEX most likely through equity, im sure they will not want to do it down here in the 30's. Still limited information.

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