E3 Lithium Ltd V.ETL

Alternate Symbol(s): EEMMF

Metals & Mining Industrial Metals & Minerals

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.

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E3 Lithium Ltd > E3 Technical Report

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Comment by Wanderer1187on Nov 11, 2023 11:01pm

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RE:RE:RE:RE:RE:E3 Technical Report

Yea, I was curious why you didn't like my bullish take lol. I agree. I think the easiest thing was just to accept the 16Mt according to industry practices simply to keep the ball rolling because it's such a massive amount anyway, BUT they'll just come back later and over deliver in a few years when the practices for resource modeling a confined brine aquifer adjust to the realities of new technology. Then, they'll be like "Surprise, actually we can recover over 20Mt"

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