E3 LITHIUM LTD., a leader in Canadian lithium, has announced the inaugural inferred mineral resource of ~2.5 million tonnes of lithium carbonate equivalent (LCE) contained within the Estevan Lithium District located in southeast Saskatchewan.
E3 Lithium acquired its Saskatchewan property in 2021, situated near the city of Estevan. The Company’s permit area covers approximately 67,000 hectares of crown mineral permits within the Estevan Lithium District. Recent lithium exploration near E3 Lithium’s land holdings have shown high lithium concentrations, including up to 259 mg/L in the Duperow Formation.
“The resource over our Saskatchewan Property represents an exciting development prospect for E3 Lithium and reinforces the Company’s position for Lithium development in Western Canada, adding to our globally significant lithium resources,” said Chris Doornbos, President and CEO of E3 Lithium. “Saskatchewan is still maturing its resources base and this inaugural 2.5 Mt LCE resource adds to this new and developing lithium jurisdiction.”
The technical report will be available on the Company’s website (e3lithium.ca/technical-reports) and SEDAR (www.sedar.com) within 45 days of this announcement.
The disclosure in this news release of scientific and technical information pertaining to the Saskatchewan Property has been reviewed and approved by Alex Haluszka, a Principal Hydrogeologist of Matrix Solutions Inc. and Jason Clarke, a Geologist of Matrix Solutions Inc. Mr. Haluszka and Mr. Clarke are “qualified person’s” as defined under NI 43-101.
