The Company will provide lithium bearing core samples to the
Jason Latkowcer, Chief Executive Officer, commented, “We are thrilled to announce our partnership with the esteemed
The metallurgical testing and mineral processing procedure project is divided into distinct phases:
- Phase 1: Sample Receipt and Preparation: Physical Properties Assessment – including conducting particle size analysis, determining sample density and undertaking meticulous sample preparation protocols.
- Phase 2: Head Analyses – including analyzing samples for lithium, boron, magnesium, calcium, sodium and a series of individual elements through the ICP method.
- Phase 3: Leach Extraction Testing – including sulfuric acid leach shake tests to determine the preliminary leaching characteristics of the sample at ambient temperature.
- Phase 4: Lithium Recovery From Solution – using experimental methods to remove impurities and increase lithium concentrations with the aim of producing lithium carbonate.
- Phase 5: Exploring Potential By-Products – investigating the possibility of extracting other elements if present in notable qualities.
- Phase 6:
Proposed Flowsheet Development – proposing an initial flowsheet outlining material flow rates across different sections of this process, which is expected to undergo modifications based on ongoing testing and optimization.
The study is being led by
The project period under the agreement is intended to commence immediately and continue for approximately one year.
For more information regarding the
Qualified Person
The technical content of this news release has been reviewed and approved by
About
The Company executed an option agreement in
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On Behalf of the Board of Directors
Jason Latkowcer
CEO & Director
Contact
Phone : (587) 885-5970
Email: info@panam-energy.com
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the Company’s expectation that the findings generated from the comprehensive metallurgical testing completed by UNR will be utilized in the development of the previously announced Preliminary Economic Assessment for the
Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information, including, in respect of the forward-looking information included in this press release, assumptions regarding that the testing will proceed as anticipated on the anticipated timing; the outcomes of the testing, including that the outcomes will be utilized in the development of a Preliminary Economic Assessment by the Company; and that the Company will be successful in developing a Preliminary Economic Assessment for the
Although forward-looking information is based on the reasonable assumptions of the Company’s management, there can be no assurance that any forward-looking information will prove to be accurate. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among other things, the risk that the metallurgical testing does not proceed in the manner and on the timeline currently contemplated, or at all; risks inherent in testing and research, including risks relating to changes in project parameters or delays as plans continue to be redefined, that testing and research is inherently uncertain and that the results of testing and research may not be reproducible at scale; that the metallurgical testing may be unsuccessful or fail to achieve the results anticipated by the Company; and that the Company may not be successful in developing a Preliminary Economic Assessment for the
The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.
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