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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 29, 2023 11:33pm
172 Views
Post# 35611212

RE:RE:Something Stinks

RE:RE:Something StinksNot only has Imperial Oil committed time and information, they invested $6million and own a 5% stake in E3. In my experience IOL doesn't throw those kind of $$ around without serious DD. Plus they know the Leduc reservoir better than anybody after their historic discovery at Leduc#1 in 1947 which led to the Alberta oil boom. Recently Exxon Mobil's president indicated that they planned to pursue lithium but exclusively DLE type lithium plays, perhaps due to the experience they have gained with E3 at Clearwater?
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