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Enertopia Corp

Enertopia prepares for third phase of solution testing using recently sourced Clayton Valley core

Earlier this month, Enertopia reported encouraging drilling results from its Clayton Valley lithium project in Nevada

Brine flowing out of a pipe
Since late 2018 Enertopia has been carrying out tests to recover lithium from synthetic brines

Enertopia Corp (CNSX:TOP) (OTCMKTS:ENRT) updated on its solution testing to extract lithium, saying a third phase of work is expected to be up and running by early March.

Earlier this month, Enertopia reported encouraging drilling results from its Clayton Valley lithium project in Nevada.

READ: Enertopia has an exciting lithium project at a great address in a burgeoning sector

All assays have now been received from the four resource definition holes and one metallurgical test hole from then lab, the Kelowna, British Columbia-based company revealed.

The work confirmed widespread lithium mineralization at the property, with the average grade and thickness around 1,120 ppm (parts per million) lithium over an average thickness of 284 feet.

Since late 2018 Enertopia has been carrying out tests to recover lithium from synthetic brine produced by leaching surface, lithium bearing claystones.  So far, 32 solution tests have been run to create a database.

"This third phase of solution testing will use drill core material from the diamond drill holes from our recently completed drilling program and will consist of 49 different sample intervals covering 397 feet of core," said Enertopia Tuesday.

It added that the firm's technical advisors believe the positive testing to date may warrant patent protection so Enertopia is keeping all internal data strictly confidential at this time.

Several NDA signed 

It has also signed several NDA's (non-disclosure agreements) with industry partners as it works to reach its goal of a low capex solution to producing battery-grade lithium.

"With our positive drill program completed our focus and energy can turn to our solution testing of the drilled lithium horizons," said Enertopia CEO Robert McAllister.

"We continue to strive for a low-cost mining and processing solution to unlock the potential value of the Lithium enriched claystones."

Shares on the Canadian Securities Exchange were unchanged at $0.03. In New York they eased 0.40% to $0.0249.

Contact Giles at [email protected]

Follow him on Twitter @Gile74

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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