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Enertopia Corp

Enertopia shares gain ground as it reveals more progress on partner's lithium brine testing

The group's partner Genesis Technologies has been performing various extraction tests .

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The synthetic brines were created from samples from the project (not pictured)

Enertopia Corp (CNSX:TOP) shares jumped as it revealed further progress on the lithium brine testing from samples taken from its Clayton Valley project in Nevada.

The group's partner Genesis Technologies has been performing various extraction tests using synthetic brines created from samples from the project.

The last lithium carbonate test run using lithium source rock is now on schedule to be completed and shipped not later than May 31 this year.

The third party independent labs have indicated that the turnaround time is currently estimated to be between 21 and 28 days due to industry backlog in sampling.

The finished lithium carbonate product will be first analysed to test that it meets the required Industrial grade 99% or battery grade 99.5% purity and keeping below the maximum allowed impurities by weight.

"Genesis Water Technologies looks forward to the 3rd party assay results from the synthetic brine samples and our Genesis Water Enerlet Lithium recovery process," said Genesis technical manager Nick Nicholas.

"We are enthusiastic to be on the cutting edge of advancements in lithium extraction to provide battery grade lithium to industry,"

"Enertopia looks forward to providing updates in the coming weeks as to the results of the bench test analysis and our ongoing project work at our 100% owned Clayton Valley, NV, Lithium project, as well as continuing due diligence in the technology and mineral sectors.

"Modern technology is revolutionising ways to mine and protect our environment. We are enthusiastic about becoming leaders in this evolution," added president and chief executive Robert McAllister.

At Clayton Valley itself, the group said it was currently compiling data for a first drill program in a bid to target the location of source rock for the proposed pilot plant.

Other preliminary work includes the review of onsite or offsite processing for material for the pilot plant.

Due to the excellent infrastructure in the area, the company has several options that are currently being explored.

Enertopia shares added 10.62% to US$0.058 in Toronto.

Quick facts: Enertopia Corp

Price: $0.01

Market: CSE
Market Cap: $1.27 m
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Enertopia expects lithium brine results by end of June

Enertopia Corp (CSE:TOP, OTCQB:ENRT) CEO Robert McAllister provided investors with the latest update on its lithium brine testing and work at the Clayton Valley project in Nevada. McAllister says the lithium sector is the fastest-growing resource sector of size, and he says demand will be...

on 16/6/18

2 min read