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 goldpigon Jun 22, 2010 1:04pm

385 Views

Post# 17210912

RE: RE: News..On track to Resume Prod in First hal

Excellent pick Rock.
Always start with management.
These guys are blue chips, and have done it all before.
To be in production by spring of 2011 is amazing.
Only 29 million shares too.
Who are the fools who are selling ?

250 tpd mill on site that will mill 75,000 tons of ore a year.
At 1.5 oz per ton, the annual production will be above 75,000 oz per year and over $85 million in annual revenues.
Lots of high grade shoots as well, for future expansion.
They have warrants at
.65, so one can expect to see the share price move upwards.

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