VANCOUVER, BC–(Marketwired – Mar 24, 2015) – 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.
About Pure Energy:
Pure Energy is an integrated lithium mining and processing developer with a focus on green ‘cradle to cradle’ lifecycle solutions for lithium supply in North America. Pure Energy is currently focused on the advancement of our Clayton Valley Lithium Brine Project, located in Esmerelda County, Nevada.
On behalf of the Board of Directors
Chief Executive Officer
Gerhard Jacob, a director of Pure Energy, and competent and qualified person under NI 43-101, has reviewed and approved the scientific and technical information in this press release.
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