Mr. Chris Doornbos reports
E3 METALS PROVIDES TECHNOLOGY UPDATE, COMPANY TO HOST LIVE WEBINAR
E3 Metals Corp. has provided an update on its 2020 plans and continuing activities to advance its proprietary ion-exchange direct lithium extraction (DLE) process.
Following the announcement of the joint development agreement between E3 Metals and Livent Corp. --
see news release dated Sept. 18, 2019
-- the combined technical team is actively working on the ion exchange (IX) project. The project aims to test the commercial readiness of the DLE ion exchange sorbent to produce a high-purity lithium concentrate from the company's Alberta brine. The project test work involves a comprehensive program focused on optimizing the performance of E3's DLE process through the refinement of all process steps, operating conditions and materials. Once the objectives and milestones of the planned testing are met, the company's focus will shift toward the pilot plant project to test the IX process and evaluate the production of concentrate at a larger scale. All brine tested for this program is sourced directly from the Leduc reservoir.
In 2020, E3 Metals is also planning to conduct well testing, which will include brine sampling reservoir pressure testing. The company's testing activities will focus on improving the reservoir model, collecting information about lithium concentrations outside of oil and gas accumulations, and updating the brine delivery plan in E3's resource area.
"I'm very pleased with the progression of E3's work to finalize the material development portion of the project in collaboration with Livent this year," commented E3's chief executive officer, Chris Doornbos. "The development work on E3's proprietary DLE process is being advanced on multiple fronts, by both Livent and our team, including GreenCentre Canada. We are very encouraged by the pace with which the project is moving."
To provide more details on the company's plans for 2020, the company is pleased to announce a live corporate overview webinar with Mr. Doornbos on Tuesday, Jan. 21, at 2 p.m. ET. Mr. Doornbos will be going through the company's updated investor presentation, providing an in-depth overview of the company's current activities and upcoming milestones. Management will be available to answer questions following the presentation on the webinar platform via live question-and-answer session.
Date: Tuesday, Jan. 21
Time: 2 p.m. ET (11 a.m. PT)
Register: see Go To Webinar website
Management will be available to answer questions following the presentation. To ask a question, please log-in to the GoToWebinar platform or e-mail your question(s) beforehand to email@example.com.
About E3 Metals Corp.
E3 Metals is a lithium development company with a 6.7-million-tonne (1) lithium carbonate equivalent (LCE) inferred mineral resource in Alberta. E3 Metals is currently advancing its proprietary ion exchange direct lithium extraction (DLE) process in partnership with Livent under a joint development agreement. E3 Metals also continues to work with partners at the University of Alberta and at GreenCentre Canada.
(1) E3 Metals has released information on three National Instrument 43-101 technical reports totalling a resource of 6.7 Mt LCE. The Central Clearwater resource area (CCRA) technical report, identifying 1.9 Mt LCE (inferred), is dated effective Oct. 27, 2017, and the North Rocky resource area (NRRA) technical report was dated effective Oct. 27, 2017, identifies 900,000 t LCE (inferred). A third report for the Exshaw West resource area (EWRA) identifies 3.9 Mt LCE (inferred) and was filed on June 15, 2018, effective June 4, 2018. All reports are available on SEDAR.
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