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E3 Lithium Ltd V.ETL

Alternate Symbol(s):  EEMMF

E3 Lithium Ltd. is a Canada-based lithium resource company. The Company is focused on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company’s Clearwater Project is located between Red Deer and Calgary in Alberta. Its Direct Lithium Extraction (DLE) on-exchange technology uses a sorbent designed to be selective towards lithium ions. Its technology reduces volumes of low-grade brine into a high-grade lithium concentrate, removing nearly all impurities. This produces a clean product for the development of high purity lithium compounds used in Li-ion batteries. The Company has measured and indicated lithium resources in Canada, with 16.2 million tons (Mt) measured and indicated Lithium Carbonate Equivalent (LCE), hosted in the Leduc Aquifer. In addition, it has 0.9 Mt of inferred mineral resources in its Rocky Area.


TSXV:ETL - Post by User

Comment by Yajneon Aug 26, 2023 9:06pm
160 Views
Post# 35606987

RE:Anyone else see this? Gettin the message out! 😃

RE:Anyone else see this? Gettin the message out! 😃Yes, I like that they're taking steps in parallel to design the downstream process to produce LHM from lithium carbonate, which is what the pilot plant will produce initially. Doing this in parallel gives the engineering firm Fluor, the information it needs earlier to prepare a complete PFS report by year-end. The E3 machine is ticking along nicely. I'm guessing we will see a NR in the next few days that commissioning is complete and plant operations underway to begin evaluations against KPI's. Exciting times, Then IMO, before end September of we will see another NR confirming DLE works at this larger scale along with initial results against KPI's...with HUGE upward move in the SP. Then samples to off-take clients and that should start the fun-and-games on those prepared to front the capital for commercial plant....or possibly a bidding war prior to take-out. It's all GREAT for shareholders. JMHO DYODD
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