The Conversation (0)
Pure Energy Minerals (TSXV:PE) reported that GeoXplor Corp., operator of the Clayton Valley project in Nevada, has started drilling at exploration well CV-2. Data from this drilling will be used to qualify the seismic reflection survey previously conducted in the Clayton Valley basin, and will provide important information for an Inferred Resource 43-101 report.
As quoted in the press release:
Pure Energy Minerals Limited (TSX VENTURE: PE) (FRANKFURT: AHG) (OTC PINK: HMGLF) (the “Company” or “Pure Energy”) is pleased to provide the following exploration update. The Company’s operator, GeoXplor Corp. has commenced drilling of exploration well CV-2 at the Company’s Clayton Valley, Nevada lithium brine prospects.
The location of CV-2 has been guided by the recent detailed gravity survey and is in a similar position in the sedimentary basin to proven CV-1. Drilling data from CV-2 will be used to qualify the extensive seismic reflection survey recently conducted in the Clayton Valley basin. It is currently proposed that CV-2 be advanced to 1000′ to intersect more than one brine-bearing zone, though total depth will be determined by drilling conditions. Samples of solids and brines will be taken during drilling and will be sent for laboratory analysis. Data from CV-2 will provide key information that will allow for production of an Inferred Resource 43-101 report.
Click here to read the Pure Energy Minerals (TSXV:PE) press release
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