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Energy & Critical Metals

E3 Lithium Outlines 23.4 Mt LCE Inferred Mineral Resource in Consolidated Bashaw District

CALGARY, AB, July 11, 2022 – E3 Lithium (TSXV:ETL)(OTCQX:EEMMF) (the “Company” or “E3 Lithium” or “E3”), Alberta’s leading lithium developer…

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CALGARY, AB, July 11, 2022 – E3 Lithium (TSXV:ETL)(OTCQX:EEMMF) (the “Company” or “E3 Lithium” or “E3”), Alberta’s leading lithium developer and Direct Lithium Extraction (DLE) technology innovator today announced the increase in its inferred mineral resource to 23.4 million tonnes of lithium carbonate equivalent (LCE) contained within the newly-named Bashaw District (the “Resource”). The Bashaw District combines and expands the Clearwater Resource and Exshaw Resource areas into a consolidated resource that contains an estimated total of 59 billion m3 (59 km3) of brine formation water at an average grade of 74.5 milligram/Litre (mg/L) lithium (Figure 1).

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