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Enertopia Corp.
Summary
| Project: | Clayton Valley | |
|---|---|---|
| Deposit: | Clayton Valley | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 4/3/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-4-2020: Enertopia Corp. announces a Resource Estimation report for its Clayton Valley deposit at the Clayton Valley project. Initial Resource Estimate for Project. Kelowna, BC—Enertopia Corporation (ENRT) on the OTC (the "Company" or "Enertopia") is ple | |
| Resources: | (Resources): 81.7Mt @ 1121ppm Li (Ind.) & 18.1Mt @ 1131ppm Li (Inf.) | |
| CP/QP: | [Overall Report]: Douglas Wood (Internal) | |
| ABSTRACT: | Kelowna, BC—Enertopia Corporation (ENRT) on the OTC (the "Company" or "Enertopia") is pleased to provide the following maiden resource estimate at the Company’s lithium claystone property at Clayton Valley, NV. At a 400 ppm lithium cut-off, the deposit has 81.7 million tonnes at 1,121 ppm lithium as indicated resources, and 18.1 million tonnes lithium at 1,131 ppm lithium as inferred resources, this equates to 487,887 tonnes indicated and 109,410 tonnes inferred of lithium carbonate equivalent – (“LCE”). A breakdown of grade and tonnage by resource category and LCE by cut-off values is given in Table 1 below. Robert McAllister, President and CEO, commented “We are very pleased with our maiden 43-101 resource. We used a higher-grade cutoff and the resource shows very good continuity in resource tonnage as the ppm cutoff is raised to come up with a strong resource number based on the current Lithium market metrics and these are laid out in detail in the company’s maiden 43-101 report.” | |
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