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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 Jun 07, 2017 10:27pm
228 Views
Post# 26338608

Further Info Dean Project

Further Info Dean ProjectI was out all day today so Im posting now. It was Hole 2 that encountered sand and water at 370 feet which was brown in color un-solid (ok not a word)and indicated the presence of an aquifer. ... There are still Holes 6, 7 and 8 to be reported. I believe these are closer to the west side of the property, and Hole 9 was on the far northeastern edge which they indicated in the NR they believe the highest values are located. They want to do infill drilling between these holes. (I think this play will become more apparent when PE drills.) ... I e-mailed a question to the company, and received this info: When we planned this program, we planned on drilling 12 permitted holes down to 200 feet. We ended up drilling a couple to 350 feet so only drilled 9 holes so that we could stay in budget. We asked the drilling company to bring extra rods in case we wanted to take some holes deeper and that is exactly what we ended up doing. ... According to the last NR, CYP indicated a next drill program in the 3rd or 4th quarter of the year. ... Personally I would like to see drill programs alternated between the two companies At Least one every quarter minimum. This just needs to be well managed, and well publicized. ... Info about the Dean property can be had by speaking with Don Myers, Director of Corporate Communications, 604 639-3851 or by e-mail: dmyers@sentinelmarket.com ... He is very knowledgeable, answers questions in detail, and has a knowledge of geology. ... (Just want to add, if it sounds too much like pumping, I believe in the project; and I do own shares in both companies.) DYODD ... https://www.cypressdevelopmentcorp.com/s/ClaytonValley.asp *** Map of the 2 properties
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