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E3 Metals Corp.
Summary
| Project: | Clearwater and Exshaw | |
|---|---|---|
| Deposit: | Clearwater and Exshaw | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 5/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-5-2017: E3 Metals Corp. announces a Supporting Acquisition report for its Clearwater and Exshaw deposit at the Clearwater and Exshaw project. Summary of property in support of acquisition. E3 Metals Corp. (formerly Savannah Gold Corp.; “E3 Metals”) has | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Roy Eccles (APEX Geoscience Ltd.) | |
| ABSTRACT: | E3 Metals Corp. (formerly Savannah Gold Corp.; “E3 Metals”) has commissioned APEX Geoscience Ltd. to prepare a National Instrument 43-101 Technical Report. The intent of the report is to introduce their lithium oilfield brine properties in Alberta, Canada. On May 8, 2017, E3 Metals entered into a Share Exchange Agreement with 1975293 Alberta Ltd. In anticipation of closing the agreement, Savannah Gold Corp. changed its name to E3 Metals Corp. On closing of the Share Exchange Agreement E3 Metals will acquire all outstanding securities of 1975293 Alberta Ltd., including the 100% interest acquisition of the Clearwater and Exshaw properties. The properties are comprised of 10 Alberta Metallic and Industrial Mineral Permits totaling 87,965 hectares (879.65 square kilometres) that can be further sub-divided into three separate areas. All three E3 Metals properties are located in south-central Alberta. With respect to the closest urban center, the City of Red Deer, the properties are located 25 km south (Clearwater), 25 km east (Exshaw West) and 60 km east (Exshaw East) of the city. Access to the properties is facilitated by decade’s worth of petro-production that enables ground vehicle access via a well-maintained network of paved and all-weather roads. | |
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