The Conversation (0)
Pure Energy Minerals (TSXV:PE) CEO Robert Mintak spoke about the Clayton Valley Lithium Brine Project, located in Esmeralda County, Nevada – halfway between Las Vegas and Reno. According to Mr. Mintak, “In 2014, Pure Energy was able to successfully raise close to $4 million, which allowed us to begin exploration work on the project. Early drill results have shown promising lithium concentrations ranging from 230 to 400 parts per million. Additionally in 2014, Pure Energy was able to add additional management roles to the company including a new COO, Dr. Andy Robinson, PhD, Geoscientist with a history in water project development; and Alexi Zawadzki as VP of Business Development. Additionally, we added Prof. LeeAnn Munk, a world-ranking geoscientist on lithium brine resources.”
In 2015, Mr. Mintak says, “Following up to our successful 2014 exploration drill program, the company has recently announced the commencement of our 2015 exploration program which will include additional drilling and geophysics toward a 43-101 inferred report. Additionally, the company is working with one of its strategic partners, Tenova Bateman, on lithium brine processing at a pilot plant in Israel.”
Mr. Mintak believes that what sets Pure Energy apart from other junior resource companies is that “we’re well-financed” with a project located in a mining-friendly jurisdiction, Nevada.