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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. 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.


TSXV:PE - Post by User

Bullboard Posts
Post by privacyriteon Jan 23, 2017 3:11pm
165 Views
Post# 25743003

Low Volume Question

Low Volume QuestionMy GUESS would be that people are waiting for drilling to begin and results. Drilling anticipated to start the end of January. ....... They have stated the area they will drill will be the Frontera Verde zone which is borderline the Glory (optioned to PE) and the Dean property. The Rock Sampling so far is the best grade in Nevada -- about 3,900 ppm. Even if it does not hit the highest grade, one would think that the grades would be excellent, and they are from surface down. ...... I view PE as a sibling to CYP as they have the right to earn in up to 51% on one agreement, and up to 70% on the second agreement (on the Glory property). I also like PE because of their work on extracting lithium at lower cost and without the necessity of a pool. .......Hoping for good things from both.
Bullboard Posts

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