E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF) | RICH TV LIVE Podcast

E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF) Announces 16.0 million tonnes Measured and Indicated Resource Upgrade. #E3LITHIUM #news #richtvlive #ETL #EEMMF #OW3 #podcast #richtv #lithium #stocks #pennystocks #stockmarket #money #business #alberta #canada #electricvehicles #ev #evstocks

E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3” or the “Company,” Alberta’s leading lithium developer and extraction technology innovator, today announced the upgrade of its mineral resource to Measured and Indicated (M&I). The mineral resource upgrade includes 6.6 million tonnes (Mt) of Lithium Carbonate Equivalent (LCE) Measured and 9.4 Mt of LCE Indicated for a total of 16.0 Mt M&I within its Bashaw District, outlined in Table 1.

“This resource upgrade is the largest of its kind in Canada and is significant on a global scale,” said Chris Doornbos, President and CEO of E3 Lithium. “The amount of data and geological work required to upgrade resources of this magnitude is significant and further increases our understanding of the Leduc Aquifer and as a result, our technical confidence in our commercialization plans.”

Measured & Indicated Upgrade Description
The upgraded 16.0 Mt of LCE is Canada's largest and one of the largest Direct Lithium Extraction brine projects and M&I mineral resources globally. According to Natural Resources Canada, Canada currently has an estimated 3.2 Mt of M&I lithium resources located in hard rock deposits1.

To complete this upgrade, E3 used data gathered through its 2022 drill program, ongoing reviews and analyses of core samples and the development of a comprehensive geological model of the Bashaw District.

E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF) | RICH TV LIVE Podcast

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