Pure Energy Confirms High Lithium Values In Claystone Sampling Program On Glory Claims, Clayton Valley, Nevada

VANCOUVER, British Columbia, Nov. 28, 2016 (GLOBE NEWSWIRE) -- Pure Energy Minerals Limited (TSX VENTURE:PE) (FRANKFURT:A111EG) (OTCQB:PEMIF) (the "Company" or "Pure Energy") is pleased to announce results from its systematic rock sampling program with Cypress Development Corporation ("Cypress") on the Glory Claims (the "Property") in Clayton Valley, Nevada. Pure Energy and Cypress geologists collected approximately 240 rock samples on a nominal 100 metre (330 feet) grid covering much of the prospective sedimentary rocks on the Property (See Figure 1). In addition to confirming strong lithium values from previous Cypress sampling, the sampling program returned some of the highest lithium rock samples yet reported in Nevada. So far, sampling has extended the lithium rich zone into a corridor covering more than 3 square kilometers. Selected highlights of the sampling program are included below:
  • Maximum lithium value in rock: 3,830 ppm (0.82% Li 2O);
  • Average lithium content: 689 ppm;
  • Extended corridor of high lithium to >3km long by more than 1km wide;
  • 9 Samples containing more than 2,000 ppm Li (0.43% Li 2O);
  • 71 Samples containing more than 1,000 ppm Li (0.22% Li 2O); and
  • Anomalous boron (B) and potassium (K) trends that correlate with the high Li values.

Company and Cypress geologists have also conducted the first geological mapping on the Property. The dominant rock type hosting the high lithium is Tertiary claystone, likely belonging to the Esmeralda Formation, which has been widely reported to host lithium associated with clays. Overlying the Tertiary sedimentary rocks (shown as Ts on Figure 1) is Quaternary aged alluvial material (Qal on Figure 1) that is sourced from older bedrock to the east. Mapping has determined that the younger alluvium covers portions of the lithium-rich Tertiary sediments, so the lithium-bearing sediments are likely to continue beneath the covering sediments.

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