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Enertopia takes step towards drill programme at Clayton valley project with permit application

Last updated: 10:24 09 Oct 2018 EDT, First published: 03:24 09 Oct 2018 EDT

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Enertopia said it had filed for the permit

Enertopia Corp (CSE:TOP, OTCQB:ENRT) has stepped a close further to sinking a series of diamond holes at its Clayton Valley lithium project in Nevada.

The company said it had submitted an application to the Bureau of Land Management (BLM), Nevada, for a so-called "area of disturbance permit" to allow for the work.

As previously reported the program consists of four holes totalling around 1,500 feet.

The idea is to generate a 43-101 project-wide lithium resource.

A fifth diamond hole will be drilled to an estimated depth of 400 feet, with the recovered lithium enriched material being used for metallurgical and pH solution testing.

This will enable Enertopia to map the subsurface horizons as peroxide, and reduce horizons to further differentiate the grade of lithium in the solution that can potentially be recovered in a low CAPEX with low-cost extraction methods.

The company continues to move forward with respect to recovering lithium from its synthetic brine solutions.

Enertopia shares added over 8% in New York to stand at $0.029.

Full interview: Entertopia Corp releases initial maiden resource on Lithium...

Enertopia Corp (OTC: ENRT) President and CEO Robert McAllister joined Steve Darling from Proactive to discuss the company releasing their maiden 43-101 resource estimate for the Clayton Valley Lithium Project. McAllister talks through the numbers and what ppm cut-off the company...

on 3/4/20