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E3 Metals Corp.
Summary
| Project: | Exshaw West | |
|---|---|---|
| Deposit: | Exshaw West | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 6/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-6-2018: E3 Metals Corp. announces a Resource Estimation report for its Exshaw West deposit at the Exshaw West project. Updated mineral resource estimate at project. E3 Metals Corp (TSXV: ETMC | FSE: OU7A | OTC: EEMMF) is a public lithium exploration co | |
| Resources: | (Resource, Inf.): 731007t Li contained | |
| CP/QP: | [Resources]: Gordon MacMillan (Fluid Domains Inc.) | |
| ABSTRACT: | E3 Metals Corp (TSXV: ETMC | FSE: OU7A | OTC: EEMMF) is a public lithium exploration company with a head office located in Calgary, Alberta. Gordon MacMillan, P.Geol QP, was retained by E3 Metals Corp to prepare a technical report on the inferred resource on the Alberta Petro-Lithium Project leases in conformity with National Instrument 43-101 (NI 43-101) standards. Grahame Binks, MAusIMM QP (Metallurgy), was also retained by E3 Metals Corp to prepare the technical report contained with Section 13: Mineral Processing and Metallurgical Testing. Other contributors include Maxime Claprood, Ph.D, P.Eng. and Phil Esslinger, P.Geol. The Alberta Petro-Lithium Project (oil and gas related formation brines) consists of 76 Metallic and Industrial Mineral Permits that overlie the Leduc Reservoir in Southern Alberta (Figure 1). All permits are held 100% by 1975293 Alberta Ltd (Alberta Co), a wholly owned subsidiary of E3 Metals Corp. The property in its entirety contains 596,269 hectares (Ha) and is subdivided into 5 Sub-Project areas: Clearwater, Rocky, Exshaw, Drumheller and Sunbreaker. The Inferred Resource Estimate in this report refers to a specific permit area referred to as the Exshaw West Resource Area (EWRA; Figure 1). The EWRA is located in the southwestern part of the Western Canada Sedimentary Basin (WCSB). In this area, the Upper Devonian (Frasnian) sediments of the Woodbend Group were deposited in a shallow inland sea bounded by the emergent Peace River Arch to the North West and the West Alberta Ridge to the south-west creating a barrier between the sea and the open ancestral Pacific to the west (Potma, et al. 2001). It is here that the flooded carbonate platform of the Cooking Lake provided structural highs and a favorable environment for the prolific reefal buildups of the Leduc formation. The Exshaw area covers a portion of the Wimborne-Bashaw complex just east of the Meadowbrook-Rimbey Leduc trend. The Duvernay and Ireton basinal shales and carbonate muds conformably encase and overlay the Leduc buildups creating traps for hydrocarbon pools and form the aquitard for the Leduc and Cooking lake aquifer system. | |
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