Mr. Robert Mintak reports

ESMERALDA MINERALS LLC, A SUBSIDIARY OF PURE ENERGY MINERALS LTD., AND SRI INTERNATIONAL TO COLLABORATE ON A LITHIUM EXTRACTION TECHNOLOGY PROJECT FUNDED BY US DEPARTMENT OF ENERGY

Esmeralda Minerals LLC, a wholly owned subsidiary of Pure Energy Minerals Ltd., has entered a collaboration with SRI International, a research and innovation centre, to develop novel cost-effective methods for lithium extraction from geothermal brines.

Financed by the U.S. Department of Energy, SRI has teamed with Esmeralda Minerals LLC to develop and validate a new generation of highly selective ion exchange resins to separate metals from geothermal fluids more efficiently and at lower cost than current processes. Selective high-capacity sorbents have the potential to extract metals more efficiently and lower the cost of production of lithium materials. The research will be conducted using lithium-enriched brines collected from Esmeralda Minerals LLC's lithium brine project in Clayton Valley, Nevada.

Robert Mintak, Pure Energy chief executive officer, commented, "We are thrilled to partner with SRI on this important project to spur the development of cost-competitive technologies that will provide the critical minerals required to build clean energy technologies."

About SRI International

SRI International creates world-changing solutions to make people safer, healthier and more productive. SRI, a world-renowned research centre, headquartered in Menlo Park, Calif., works primarily in advanced technology and systems, biosciences, computing, and education. Working with government and industry partners, SRI brings its innovations to the marketplace through technology licensing, spinoff ventures and new product solutions.