PURE ENERGY COMMENCES SEISMIC SURVEY OF CLAYTON VALLEY, NEVADA LITHIUM BRINE PROSPECTS
VANCOUVER, British Columbia, Feb 23, 2015. Pure Energy Minerals Limited (TSXV: PE) (FRANKFURT: AHG) (the “Company” or “Pure Energy”) is pleased to provide the following exploration update. The Company’s operator, GeoXplor Corp. has begun a seismic reflection survey of the Company’s Clayton Valley, Nevada lithium brine prospects.
GeoXplor Corp. has contracted Hasbrouck Geophysics and Bird Seismic Services to complete and interpret a high-resolution quasi-3D seismic reflection survey of the basin that extends 15 km south from the Company’s existing CV-1 drill hole. This basin has been previously identified in a 2009 gravity survey conducted by Hasbrouck Geophysics, and shows a deep gravity-low that has been interpreted to represent a fault-controlled basin infilled with clastic deposits. Elsewhere in the Clayton Valley area these basin infill deposits are known to host lithium-bearing brines. The new seismic reflection survey is intended to better define the shape and boundaries of the infilled basin, and identify any structures and certain formations that are present within the infill sediments. It is expected that the seismic fieldwork will take approximately two weeks to complete, and that processed and interpreted data should become available within 3 to 4 weeks after that.
The interpreted results from the seismic reflection study will be combined with information gathered from the ongoing phase of exploration drilling work to show the lateral extent of possible lithium brine-bearing horizons and help locate future drilling targets throughout Pure Energy’s claim area and support the development work underway towards producing a 43-101 inferred resource estimate.
Robert Mintak, Pure Energy CEO, commented “We expect to considerably improve our understanding of the Clayton Valley prospect with this work program, this dataset will add significantly to our ability to model the hydrogeology and geochemistry at the project.”
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 prospective 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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Pure Energy Minerals Limited
Phone – 604 608 6611 ext 5