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pure energy minerals ltd (PE) Snapshot

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09/4/14 - C$0.33
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pure energy minerals ltd (PE) Details

Pure Energy Minerals Limited is engaged in the acquisition, exploration, and development of mineral properties. It primarily has interests in the Alkali Flats lithium project that covers an area of 2,240 acres located in Esmeralda County, Nevada. The company was formerly known as Harmony Gold Corp. and changed its name to Pure Energy Minerals Limited in October 2012. Pure Energy Minerals Limited was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

pure energy minerals ltd (PE) Top Compensated Officers

Chief Executive Officer, Corporate Secretary,...
Total Annual Compensation: C$50.8K
Chief Financial Officer
Total Annual Compensation: C$35.0K
Compensation as of Fiscal Year 2013.

pure energy minerals ltd (PE) Key Developments

Pure Energy Minerals Limited Appoints Andy Robinson as Chief Operating Officer

Pure Energy Minerals Limited announced the appointment of Dr. Andy Robinson as Chief Operating Officer. Dr. Robinson has extensive international experience in operations and engineering, with a track record of successful project execution and executive management in large and small public companies.

Pure Energy Minerals Limited Appoints Alexi Zawadzki as VP Business Development

Pure Energy Minerals Limited announced the appointment of Alexi Zawadzki as VP Business Development. Mr. Zawadzki has proven success in executive leadership in resource development, as well as significant public company expertise. Mr. Zawadzki will work closely with the Company's CEO Robert Mintak to oversee Pure Energy's strategic and business development activities.

Pure Energy Minerals Limited Announces Analytical Results of Completed Drill Program of Lithium Brines Project

Pure Energy Minerals Limited announced a report on the analytical results of the recent and successfully completed drill program on its lithium brines project, located in Clayton Valley, Esmeralda County, Nevada USA. The 5,000-acre CV/DB property is located contiguous and to the southeast of to the only producing lithium mine in the United States, Rockwood Lithium's Silver Peak lithium brine mine. The drill hole, CV-01, twinned a historical drill hole. The hole reached a targeted depth of 274 m (900 feet). Prior to sampling, the hole was stabilized, flushed and pumped. Additional information on the drilling and the geology of the intersected formations. Fieldwork was overseen by the Operator, GeoXplor Corp. Samples were collected from the pumped fluids of CV-01 by a qualified independent technical person under the company's strict sampling procedure and chain of custody and were submitted to the accredited laboratory of Maxxam Analytics Inc. in Burnaby, B.C. The method of atomic spectroscopy was applied to determine the quantity of a total of 33 elements in the fluid sample. The project relevant values are for lithium, potassium and magnesium and are reported by Maxxam Analytical as the following (in bracket essay results): 264 ppm for lithium (Li), (255 ppm); 502 ppm for magnesium (Mg), (486 ppm) and 4450 for potassium (K), (4650 ppm). The values confirm the historically reported analytical results of well SPD-09 and have an acceptable variation of about 10%. It is the company's belief that the sample likely represents an amalgam of multiple aquifers. Analysis of the SPD 09 drill log confirms this belief through intersections of significant mineralization, significant lithium-rich zones at a number of locations across the intersected brine horizon. These results add confidence to the company's geological interpretations of the mineralization at Clayton Valley. The current interpretation is based on drill data received to date and is subject to change as additional data is received. With the completion and sampling of the well CV-01 the company accomplished its goal to identify the lithium enriched brines at a depth of about 140 m -274 m below surface. The company will continue further bulk sampling of the brine for continued analysis and for testing for lithium recovery process testing and a down hole geophysics program will be conducted to provide additional information on the vertical stratigraphy/brine heterogeneity to establish a database necessary for future hydrological modeling. The company is well positioned to establish itself as a domestic, environmentally friendly source of advanced battery grade materials. The company is focused on the development of low cost, low risk, lithium mineral properties in conjunction with the testing and development of innovative processing technologies with reduced environmental impact, enhanced recovery and a fast track to production.


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