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Pure Energy Minerals Receives Federal Permit for Next Phase of Drilling

07.04.2016  |  Marketwired

VANCOUVER, BC--(Marketwired - Apr 7, 2016) - Pure Energy Minerals Ltd. (TSX VENTURE: PE) (FRANKFURT: A111EG) (OTCQB: HMGLF) (the "Company" or "Pure Energy") is pleased to announce that it has received, through its project operator GeoXplor Corp, an amended Notice of Intent work permit from the Bureau of Land Management for the next phase of exploration drilling at its Clayton Valley South ("CVS") Lithium Brine Project, located near Silver Peak, Nevada (the "Project"). This amendment permits the Company to drill one new well that will target potential lithium brine bearing formations identified from previous phases of exploration. The Company expects to drill the well to a depth of up to 500 metres. With cash on hand and the ongoing exercise of warrants, the Company is fully funded for this phase of exploration drilling to further delineate and expand upon its inferred mineral resource, reported in July of 2015 (See Company news release dated July 28, 2015).

Patrick Highsmith, Pure Energy Minerals CEO commented, "We are pleased to have amended permits in hand for the next phase of drilling at Clayton Valley. We have begun mobilizing equipment and drill crews to the project in anticipation of commencing drilling activities in the coming days. We look forward not only to integrating the results from this new well into our existing lithium brine resource, but also to use the well as part of a monitoring network for longer-term pumping tests in the near future. This expanded drill program and the upcoming pumping tests are key building blocks of the PEA that we plan to deliver this summer."

Qualified Person:

Patrick Highsmith, Certified Professional Geologist (AIPG CPG # 11702), is a qualified person as defined by NI 43-101, and has supervised the preparation of the scientific and technical information contained in this news release. Mr. Highsmith is not independent of the Company as he is an officer and a director.

About Pure Energy Minerals Ltd.
Pure Energy is a lithium-brine resource developer that is driven to become the lowest-cost lithium supplier for the burgeoning North American lithium battery industry. Pure Energy is currently focused on the development of our prospective CVS Lithium Brine Project, which has the following key attributes:

On behalf of the Board of Directors,

"Patrick Highsmith"
Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contact

CONTACT:
Pure Energy Minerals Ltd.
(www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone - 604 608 6611, ext 5