
Enertopia Announces 2nd Phase
Testing
Vancouver, BC -- April 20, 2017 -- InvestorsHub NewsWire --
Enertopia Corporation (ENRT) on the OTCQB and (TOP) on the CSE (the
"Company" or "Enertopia") is pleased to announce the lithium
carbonate purity results from Avomeen Analytical Services. The
lithium carbonate (Li2Co3) purity rates were from 93.7% to 96.9%
from the four samples provided.
I am very pleased with the purity levels we were able to achieve
in the first series of tests and cant wait until the second phase
testing starts. Stated Robert McAllister, President and CEO of
Enertopia.
The GWT technical team believes that adjustments to the recovery
process could result in shorter uptake times and potentially higher
lithium recovery rates and thus potentially higher purity rates of
Lithium Carbonate going forward. stated Nick Nicholas, from
GWT.
The Table below shows the final Lithium recovery rates and
purity grade for Lithium carbonate:
Test Sample
|
Li
PPM
|
Li Total Final Recovery***
|
Li2Co3
Purity
|
A
|
190
|
72.41%
|
95.8%
|
B
|
423
|
73.6%
|
95.8%
|
C
|
490
|
79.62%
|
96.9%
|
D
|
580
|
75.79%
|
93.7%
|
AVG
|
|
|
95.5%
|
NOTE*** The Lithium recovery numbers reported in the March 6,
2017 press release were found to be in error and the company is
retracting the March 6, 2017 Lithium recovery numbers. The correct
total lithium recovery numbers are in the table above. The error
was picked up in the final bench test report from GWT, all other
technical data was reported correctly.
Since late 2016 Enertopia management and consultants have been
analyzing industry and peer review data on lithium brines, soft
rock and soils. In conjunction with todays results from the first
phase bench tests we are looking to determine the optimization of
the chemical reagents, number of columns used in filtration, future
electro-coagulation reactor size for the next larger bench test
that will consist of Lithium brines, soft rock and soil bench
tests.
Enertopia is confident on its path towards production,
processing and recovery of Lithium and upgrading to battery grade
Li2Co3.
Data from four historic samples submitted to GWT for the bench
tests were from:
Sample A Clayton Valley, USA
Sample B, Oil well waste water mid-continent USA
Sample C, Argentina, Salar
Sample D, Bolivia Salar
The purpose of these samples in the bench test is to determine
how the technology and proposed recovery process would be impacted
by differing chemical compositions and values of Lithium in the
brines. The focus is to find out what Lithium concentration in the
brine would be needed for economic recovery in the differing brines
per their unique chemical compositions. The next phase of testing
will focus on determining the lower concentration of Lithium in
brine and other Lithium sources that will be necessary for economic
recovery.
ENERTOPIA NEXT STEPS:
In the coming weeks Enertopia will announce the next phase of
planning and testing which will be much larger in scale and scope
and should ultimately lead to the first test pilot plant being
built.
Modern technology is revolutionizing Lithium production
technology and providing a much better way to recover lithium while
minimizing the environmental footprint. We are enthusiastic in
becoming leaders in this evolution, Stated President and CEO Robert
McAllister
The Qualified person:
The technical data in this news release have been reviewed by
Douglas Wood, P.Geol a qualified person under the terms of NI
43-101.
The Company announces it has received US$5,685 from the exercise
of warrants previously granted. The warrants were exercised at
prices of US$0.05, and US$0.07 for a total of 95,500 common shares
being issued. All warrants are being exercised by third parties who
are neither officers nor directors of the Company. No commissions
or placement fees have been paid related to the funds received from
this warrant exercise. Proceeds will be used for general corporate
purposes.
The securities referred to herein will not be or have not been
registered under the United States Securities Act of 1933, as
amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration
requirements.
About Enertopia
Enertopias shares are quoted in Canada with symbol TOP and in
the United States with symbol ENRT. For additional information,
please visit www.enertopia.com or call Robert McAllister, the
President at 1.250.765.6412
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
Statements which are not historical facts are forward-looking
statements. The Company makes forward-looking public statements
concerning its expected future financial position, results of
operations, cash flows, financing plans, business strategy,
products and services, potential and financing of its health and
wellness, mining projects, competitive positions, growth
opportunities, plans and objectives of management for future
operations, including statements that include words such as
"anticipate," "if," "believe," "plan," "estimate," "expect,"
"intend," "may," "could," "should," "will," and other similar
expressions that are forward-looking statements. Such
forward-looking statements are estimates reflecting the Company's
best judgment based upon current information and involve a number
of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking
statements., foreign exchange and other financial markets; changes
of the interest rates on borrowings; hedging activities; changes in
commodity prices; changes in the investments and expenditure
levels; litigation; legislation; environmental, judicial,
regulatory, political and competitive developments in areas in
which Enertopia Corporation operates. There can be
no assurance that the brine recovery system will be effective for
the recovery of Lithium and if effective will be economic or have
any positive impact on Enertopia. The User should refer to the risk
disclosures set out in the periodic reports and other disclosure
documents filed by Enertopia Corporation from time to time with
regulatory authorities.
The CSE has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.