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Pure Energy Minerals Ltd.
Summary
| Project: | Terra Cotta | |
|---|---|---|
| Deposit: | Terra Cotta | |
| Location: | Argentina | |
| Commodities: | Lithium-Potassium | |
| Date: | 8/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-8-2017: Pure Energy Minerals Ltd. announces a Supporting Acquisition report for its Terra Cotta deposit at the Terra Cotta project. Summary of property in support of acquisition. This Technical Report for the Terra Cotta Project (“the Project”) was pre | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Rodrigo Calles-Montijo, Dawn Garcia (Not stated) | |
| ABSTRACT: | This Technical Report for the Terra Cotta Project (“the Project”) was prepared at the request of the management of Pure Energy Minerals Limited (“Pure Energy”, or “the Company”), which is on the TSX Venture Exchange in Toronto, Canada (PE.V) and OTC Markets in the USA (PEMIF). This Technical Report is written in accordance with the guidelines of the Canadian Securities Administrator’s National Instrument (“NI”) 43-101 Standards of Disclosure for Mineral Projects and Form 43-101F, per the TSX Venture Exchange’s Policies and Regulations, and has been written by the Qualified Persons (“QPs”) listed in this report. The Terra Cotta Project is in northwestern Argentina, 159 km east of the city of Salta. Provincial route no. 17 is located adjacent to the Project. The Terra Cotta Project is in an early exploration stage, with no drilling completed. Another lithium explorer reported results from surface pit sampling at the property in 2010. Pure Energy is not treating the historical sample results as its own, but has discussed them in this report for purposes of providing historical context. On January 10, 2017, Pure Energy executed a binding letter of intent (“LOI”) defined the material terms and conditions of the option to purchase 100% interest in the Terra Cotta Project. The option agreement was closed on March 9, 2017 based on the terms set out in the LOI. | |
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