Innovative
Lithium Extraction Technique in Final Stage of Testing
Kelowna, BC. May 15, 2018 --
InvestorsHub NewsWire -- Enertopia
Corporation (OTC:ENRT)
on the OTCQB and (CSE:TOP)
on the CSE (the "Company" or
"Enertopia")
is pleased to announce the following synthetic lithium brine
testing update for the recovery of Lithium by our technology
partner Genesis Water Technologies Inc. (GWT), a leader in
specialized water treatment solutions.
Over the past two
weeks, GWT has been performing final Li2CO3 testing using
synthetic brines solutions created from Enertopia's
Clayton
Valley, Nevada project. These synthetic brines were made by mixing
host lithium oxide surface rock with distilled water acidified with
HCL or by using distilled water in a solution of PH10.5 to PH
11.0
Above are photos of
the first synthetic Li2CO3 slurry and the dried
Li2CO3 product that has been
received by 3rd party independent
labs on May 10, 2018. The last Li2CO3 test run using
lithium source rock is now on schedule to be completed and shipped
by no later than May 31, 2018. The 3rd party independent
labs have indicated that the turnaround time is currently estimated
to be 21 to 28 days due to industry backlog in sampling. The
finished Li2CO3 product will be first
analyzed via ICP methods to test that they meet the required
Industrial grade 99% or battery grade 99.5% purity and keeping
below the maximum allowed impurities by weight.
Over the next two
weeks, the remaining solutions will be run through the optimized
process for final testing of Li brine solutions and
Li2CO3 finished product.
Upon receiving all independent 3rd party lab results the
Company will provide a press release at such time to provide the
bench test impurity results.
"Genesis Water
Technologies looks forward to the 3rd party assay results
from the synthetic brine samples and our GWT Enerlet
Lithium
recovery process. We are enthusiastic to be on the cutting edge of
advancements in lithium extraction to provide battery grade lithium
to industry," Stated Technical Manager Nick Nicholas.
NEXT
STEPS:
The Company continues
to work aggressively to unlock the value of the lithium-bearing
rock at and near the surface at the Clayton Valley lithium project.
The lithium bearing rock is contained in an uplifted block of
sediments along the eastern flank of Clayton Valley, NV. Recently
Cypress Development released a 43-101 indicating that they had
outlined a large multi-million tonne Li2CO3 resource in similar
sediments adjacent to our western project boundary. We believe this
is a strong indication that there is resource potential on our
project as well. Alba Minerals, whose property is adjacent to our
eastern property boundary, announced that they had started drilling
to expand upon their 43-101 Li2CO3 resource in sediments
as well. We are currently compiling data for our first drill
program as this will be necessary for selecting the location of
source rock for our proposed pilot plant. Other preliminary work
includes the review of onsite or offsite processing of the material
for the pilot plant and pilot plant location. Due to the excellent
infrastructure in the area, the company has several options that
are currently being explored.
The company is very
encouraged by the material project developments by Cypress
Development and Alba Minerals adjacent to our project. We are
further encouraged by our advances, and those of other companies as
well, in the recovery of Lithium from various depositional
environments and its conversion to carbonate and or hydroxide
battery materials. Recent industry news has shown how robust the
sector continues to be. Lithium producers Orocobre,
FMC and Albemarle have reported record profits from lithium
production and indicate continued strong pricing as strong demand
and limited supply continue to keep prices at record levels.
Another plus for Nevada lithium development and production is the
growing concern from battery and auto manufactures, as well as
consumers, regarding how and where battery metals are produced. We
believe going forward that Lithium supplies that can be 100% traced
using best practices will be in increasing demand and this makes
Nevada one of the best places to source raw lithium
from.
"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 revolutionizing ways to mine and protect our
environment. We are enthusiastic about becoming leaders in this
evolution," Stated President and CEO Robert McAllister
The
Qualified
person:
The
technical data in this news release have been reviewed by Douglas
Wood, P.Geol
a
qualified person under the terms of NI 43-101.
About
Enertopia:
A Company focused on using modern technology to build shareholder
value.
Working closely with Genesis Water Technologies (GWT) on an
exclusively licensed process (Enerlet)
with the goal to recover and produce battery grade lithium
carbonate.
Enertopia
shares
are quoted in Canada with symbol TOP and in the United States with
symbol ENRT. For additional information, please visit
www.enertopia.com
or call
Robert McAllister, the President at 1.250.765.6412
About Genesis Water
Technologies (GWT):
GWT is a global specialized water treatment solution's company
focused on providing innovative & sustainable solutions for
specialized industrial and municipal water treatment applications.
For additional information please visit www.GenesisWaterTech.com
This release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Statements which are
not historical facts are forward-looking statements. The Company
makes forward-looking public statements concerning its expected
future financial position, results of operations, cash flows,
financing plans, business strategy, products and services,
potential and financing of its mining or technology projects,
growth opportunities, plans and objectives of management for future
operations, including statements that include words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions that are forward-looking statements. Such
forward-looking statements are estimates reflecting the Company's
best judgment based upon current information and involve a number
of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking
statements., foreign exchange
and other financial markets; changes in the interest rates on
borrowings; hedging activities; changes in commodity prices;
changes in the investments and expenditure levels; litigation;
legislation; environmental, judicial, regulatory, political and
competitive developments in areas in which Enertopia
Corporation operates. There
can be no assurance that the bench test for the brine recovery
system will be effective for the recovery of Lithium and if
effective will be economic or have any positive impact on
Enertopia.
The User should refer to the risk disclosures set out in the
periodic reports and other disclosure documents filed by
Enertopia
Corporation from time
to time with regulatory authorities.
The CSE has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release
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