logo-loader

Enertopia expects lithium test results in early August; receives short-term loan

Published: 11:17 19 Jul 2019 EDT

nevada
The lithium company’s flagship asset is the Clayton Valley brine project in Nevada

Enertopia Corporation (CSE:TOP) (OTCMKTS:ENRT) announced Friday that President Robert McAllister is extending the company a short-term loan of C$20,000 ahead of expected lithium solution test results.

The Kelowna, British Columbia-based company said that it expects the next set of test results to be received in early August from a third-party laboratory.

READ: Enertopia extends testing for Clayton Valley lithium project after latest batch of positive findings

The company is running tests on grain sizing and lithium grades per grain sizing, pre-strip and reagent testing on impurity levels from drilled horizons at the project.

The loan provides for a 10% annual interest and is repayable in 90 days, according to a statement from Enertopia.

The lithium company’s flagship asset is the Clayton Valley brine project in Nevada, located near Albermarle’s Silver Peak lithium mine.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

 

Full interview: Entertopia Corp releases initial maiden resource on Lithium...

Enertopia Corp (OTC: ENRT) President and CEO Robert McAllister joined Steve Darling from Proactive to discuss the company releasing their maiden 43-101 resource estimate for the Clayton Valley Lithium Project. McAllister talks through the numbers and what ppm cut-off the company...

on 04/03/2020