Enertopia
Announces Drilling Rig Mobilized to
Project
Kelowna, BC -- December 7, 2018 -- Investorshub
NewsWire -- Enertopia Corporation (ENRT)
on the OTCQB and (TOP) on the CSE (the "Company" or
"Enertopia") is pleased to announce the drill team has been
mobilized to the Company’s Lithium project at Clayton Valley, NV.
The diamond drill rig will be running 24 hours a day until the
planned 5-hole program is completed likely before the holiday
season. The diamond drill program is to consist of 5 diamond drill
holes totaling approximately 1,500 to 2,000 feet. Four drill holes
will allow the Company to provide an inaugural 43-101 project-wide
lithium resource in due course.
A fifth diamond drill hole drilled to an estimated depth of ~350
feet with the recovered lithium enriched material being used for
metallurgical and pH solution testing. The Company will undertake
systematic and through solution testing of the drilled lithium
enriched horizons. This will enable the Company to map the
subsurface horizons as per oxide and reduced horizons and further
differentiate the grade of Lithium in solution that can be
potentially recovered in a low CAPEX and low-cost extraction
methods. The Company continues to move forward with respect to
recovering lithium from its synthetic brine solution testing
program.
“We look forward to providing drilling program updates via skype if
possible, dependant on internet connection as drilling progresses
and as further project developments are reached news will be
released in a timely manner.” Stated President and CEO Robert
McAllister
The Qualified person:
The technical data in this news release have been reviewed by
Douglas Wood, P.Geol a qualified person under the terms of NI
43-101.
About Enertopia:
A Company focused on using modern technology to build shareholder
value. Enertopia is working to establish a lithium resource
and at the same time working on extracting Lithium from its
synthetic brine solutions by using industry leading proven
technology.
Enertopia shares are quoted in Canada with symbol TOP and in the
United States with symbol ENRT. For additional information, please
visit www.enertopia.com or call Robert
McAllister, the President at 1.250.765.6412
This release includes forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
Statements which are not historical facts are forward-looking
statements. The Company makes forward-looking public statements
concerning its expected future financial position, results of
operations, cash flows, financing plans, business strategy,
products and services, potential and financing of its mining or
technology projects, growth opportunities, plans and objectives of
management for future operations, including statements that include
words such as "anticipate," "if," "believe," "plan," "estimate,"
"expect," "intend," "may," "could," "should," "will," and other
similar expressions that are forward-looking statements. Such
forward-looking statements are estimates reflecting the Company's
best judgment based upon current information and involve a number
of risks and uncertainties, and there can be no assurance that
other factors will not affect the accuracy of such forward-looking
statements., foreign exchange and other financial markets; changes
in the interest rates on borrowings; hedging activities; changes in
commodity prices; changes in the investments and expenditure
levels; litigation; legislation; environmental, judicial,
regulatory, political and competitive developments in areas in
which Enertopia Corporation operates. There can be
no assurance that a lithium resource will be outlined at the
Clayton Valley, NV project or the testing for the brine recovery
system will be effective for the recovery of Lithium and if
effective will be economic or have any positive impact on
Enertopia. The proposed drill program is dependent on rig
availability, weather and drilling conditions. The User should
refer to the risk disclosures set out in the periodic reports and
other disclosure documents filed by Enertopia Corporation from time
to time with regulatory
authorities.
The CSE has not reviewed and does not accept
responsibility for the adequacy or accuracy of this
release
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