E3 Lithium outlines results from second well
by CM staff
Results from the third and final well are expected to be announced soon.
Figure 1: Sampling Intervals and Lithium Concentrations from E3 Lithium’s Second Well (Photo: CNW Group/E3 Lithium Ltd.)
CALGARY — E3 Lithium Ltd., Alberta’s lithium developer and extraction technology innovator, shared that the sample results from its second well are consistent with the lithium concentrations from its first well and the historic results across the Leduc Reservoir.
The second well, located approximately 20 kilometres south of the first well in the Clearwater Project Area in the Bashaw District, was drilled in the summer of 2022. Based on brine samples retrieved from three zones, the P501 lithium concentration from E3 Lithium’s second well is 74 mg/L.
“The consistency of lithium across our reservoir as demonstrated through our first two wells is critical to the confidence in our understanding of this resource and our plans for upgrading to Measured and Indicated,” said Chris Doornbos, President and CEO, E3 Lithium. “The third and final well associated with our 2022 drill program was repurposed from an existing oil and gas well; the sampling program was completed in December with concentration results anticipated soon.”
The brine samples were analyzed by a third-party certified laboratory, following independently verified sample acquisition procedures that maintained a strict chain of custody, in accordance with The Canadian Institute of Mining, Metallurgy and Petroleum guidelines.
