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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 My19sixyNineZon Jan 25, 2024 12:07pm
93 Views
Post# 35845182

RE:RE:New Press Release - E3 Lithium Discovers Lithium Concentrations as high as 87 mg/L in the Nisku Aquifer

RE:RE:New Press Release - E3 Lithium Discovers Lithium Concentrations as high as 87 mg/L in the Nisku Aquifer
My19sixyNineZ wrote: Pointed out Nisku potential 4/5 months ago.
Possible they can pull from both formations @ once. 

Nisk is not worth distractions rgt now on cash flow. It was initially by others to be a carbon capture deposit. E3 can pull from simultainiously, but for now the historical avg grade is around 35/40. Not worth the cash cost or a Capx reduction affector. I think E3 would be better off going the mentioned potential of a blit-on for addtl material.

 

Since Oct, continues to show why the $3.55.

 

He knew what was coming & has since played certain games with expected news. Floating into typical "junior" games....unfortunately.

 

Would luuuuv to be shown wrong via a woop a(zz) news release sometime in Feb..

Oh, also the historical grade is right @ the bottom abilities of E3 DLE in the SEDAR files. Notice missing from this news is the tonnage area, etc.. For now safer to say it's low tonnage & grade....requires alot of typical proving out. Also SEDAR shows likely too shallow to sell as a farm-out agreement.

Markets are nowhere near 2021/22....for now

Others with better Sakach projects than Nisk, selling for a joke. So come on Chris, finish the Oct 2023, to today news

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