Pure Energy Minerals Limited announced to report sample results received from a new, recently drilled well, CV-9, at its 100%-held Clayton Valley lithium brine project ("CV Project") located in Esmeralda County, Nevada. Pure Energy's strategic partner, Schlumberger Technologies Inc. is operator of the program and was responsible for all phases of the drilling, well construction, and sampling at CV-9. Six samples of lithium-rich brine were collected from CV-9 during nine hours of continuous pumping. Analyses of the samples returned lithium concentrations of 180 to 184 milligrams per litre (mg/L) for the majority of the pumping time, with an additional higher result of 251 mg/L measured in the earliest sample collected. These results show consistency over time and are in line with lithium values from nearby wells CV- 1 and CV-3. Samples collected during pumping at CV-09 yielded consistently high lithium values. CV-9's pumping sample results show brine composition containing relatively low concentrations of impurities such as magnesium (Mg), calcium (Ca) and potassium (K). Characteristically, the brines from Pure Energy's previous exploration drill holes have provided high quality brines with low impurities, which are important in the production of lithium monohydrate (hydroxide) and lithium carbonate, the principal lithium compounds used in fabrication of lithium-ion batteries. The lithium content of brine from the CV-9 pumping test stabilized shortly after pumping began and remained stable throughout 9 hours of pumping. Pumping rates ranged from 1.8 liters per second (L/s) (28 gallons per minute-gpm) to 2.2 L/s (35 gpm) with an average of 1.9 L/s (31 gpm). The stable production of high-lithium brine over the duration of the pumping test and consistency of lithium concentrations with previous results from nearby wells demonstrates potential for sustained production of lithium-bearing brine from the aquifer system encountered in this area. CV-9 is located near Pure Energy's previously-drilled exploration wells CV-1 and CV-3, within the northern sector of the property. The CV-9 well was permitted and is covered under the Finite Term water permit granted to Pure Energy by the Nevada Division of Water Resources ("NDWR") in January of 2019. The CV-9 well was drilled in two stages, using HQ-diameter diamond coring methods followed by mud rotary methods to a depth of 454 m (1,500 ft). The 8-inch diameter well was constructed to be suitable for brine production with a screened interval from 189 m to 451 m (620 ft to 1,480 ft) below ground surface. The geological host sedimentary units encountered in CV-9 core are similar to those logged and sampled in previous exploration holes drilled by the Company. This work was performed in accordance with permits issued to Pure Energy and Schlumberger by the United States Bureau of Land Management, NDWR, and the Nevada Division of Environmental Protection, which allowed for well construction, pumping of brine from CV-9 and collection of brine samples.