- Enertopia Corporation (ENRT) has provided updates from the West Tonopah Lithium project in Nevada
- After completing the 2023 drilling program, the company will commission an inaugural 43-101 report for the West Tonopah Project
- The company may look at completing a preliminary feasibility study in 2024
- Company President Robert McAllister sat down with Sabrina Cuthbert to discuss the updates
- Enertopia is a lithium-focused exploration and development company exploring the West Tonopah Lithium Project in Nevada
- Enertopia Corp. (ENRT) opened trading at C$0.07
Enertopia Corporation (ENRT) has provided updates from the West Tonopah Lithium project in Nevada.
The company’s Board of Directors has approved a second-phase drill program involving 10-13 holes with drilling depths of 300 feet to 450 feet for each hole, for an estimated total drilling program of 3,000 to 5,850 feet.
The program’s focus will be on completing drill holes into the known areas of the higher-grade upper claystone horizon, which is currently estimated to cover approximately 640 acres. The additional drill hole data will further help to define the stratigraphic and structural controls affecting claystone deposition & preservation over the area.
Based on last year’s drilling data and the proposed 2023 drilling program, the company expects to come up with a measured/indicated and inferred resource over the estimated 640 acres of higher-grade upper claystone horizon.
After completing the 2023 drilling program, the company will commission the writing of an inaugural 43-101 report for the West Tonopah Project.
The company may look at completing a preliminary feasibility study in 2024, pending the 43-101 results and recommendations from the report.
2023 initiatives for West Tonopah Lithium Project:
- Submittal of updated NOI to the BLM for review and approval (Feb-Mar)
- Confirmation of drilling contractor and geological support staff (Apr-May)
- 2023 drill program, results, and commission of 43-101 Report (Jun-Oct)
Company President Robert McAllister sat down with Sabrina Cuthbert to discuss the updates.
“I am extremely pleased that the hard work from prior years has set the stage for the next phase of corporate development and look forward to a steady stream of news and advancements in 2023.”
Enertopia is a lithium-focused exploration and development company exploring the West Tonopah Lithium Project in Nevada.
Enertopia Corp. (ENRT) opened trading at C$0.07.