E3 Lithium begins drilling first lithium evaluation well in Alberta – Canada NewsWire
CALGARY, AB, June 24, 2022 /CNW/ – E3 Lithium (TSXV: ETMC) (FSE: OU7A) (OTCQX: EEMMF) (the “Company” or “E3 Lithium” or “E3”), Alberta’s leading lithium developer and Direct Lithium Extraction (DLE) technology innovator is pleased to announce it has started drilling the first lithium evaluation well in Alberta. The well will be completed in E3’s Clearwater Project area, east of the Town of Olds, Alberta. Drilling operations are expected to be completed by mid-July. Following drilling, a service rig will be moved onsite to commence testing of the formation to verify brine chemistry and flow rates.
The lithium concentrations and production testing help validate E3’s geological model and supports the upgrade of its resource to Indicated and Measured. This work will support commercial development and the basis for the Pre-Feasibility Study (PFS).
“We are very excited about drilling and completing the first well in Alberta specifically targeting lithium,” said Chris Doornbos, CEO of E3….
Read Full Story: https://www.newswire.ca/news-releases/e3-lithium-begins-drilling-first-lithium-evaluation-well-in-alberta-808552361.html
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