Source: Enertopia Corporation
  • Enertopia Corp. (ENRT) provided an update on drilling at its West Tonopah Lithium project in Nevada
  • The Kelowna-based company reported results from the first five holes of the 12-hole 2023 drilling program
  • The first drill hole, DH23-01, recorded the highest lithium assay reported to date from the West Tonopah project intersecting 1,520 ppm Li over 1.5 metres
  • Enertopia Corp. (ENRT) opened trading at $0.04 per share

Enertopia Corp. (ENRT) provided an update on drilling at its West Tonopah Lithium project in Nevada.

The Kelowna-based company reported results from the first five holes of the 12-hole 2023 drilling program.

The first drill hole, DH23-01, recorded the highest lithium assay reported to date from the West Tonopah project intersecting 1,520 ppm Li over 1.5 metres, inside a larger zone that averaged 1,029 ppm Li over a 33.5 metre thickness, from 74 metres to 107.5 metres in depth.

HOLE # From ft To ft Thickness ft PPM Li Claystone Horizon Color Comments
DH23-01 0 400
Interval 49 226 177 771 Light Green, tan
Interval 243 353 110 1,029 Dark green, gray High grade zone
including 348 353 5 1520 Dark green, gray Highest grade
Interval 353 400 47 598 Dark gray EOH
DH23-03 0 300
Interval 27 57 30 393 Tan
Interval 87 152 65 455 Tan, green, mixed ash 290 ppm li cutoff
Interval 166 266 100 525 Tan, charcoal, green
Interval 286 300 14 427 Gray green EOH
DH23-09 0 317
Interval 95 140 55 400 Tan, light green
Interval 175 317 142 791 Tan, light green EOH
Interval 205 310 105 847 Tan, light green
including 210 220 10 1,110 Tan, light green
DH23-08 0 247
Interval 35 60 25 526 Tan, green
Interval 70 105 35 563 Tan
interval 150 247 97 552 Light Green, dark gray EOH 750 ppm Li
DH23-12 0 237
Interval 15 35 20 395 Tan
Interval 65 95 30 492 Tan
Interval 145 165 20 463 Tan, dark green
Interval 195 237 42 601 Tan green to dark gray EOH 800 ppm Li

The company said the program is focusing on drilling holes into the known areas of the higher-grade upper claystone horizon, which spans roughly 2.5 sq. km.

Source: Enertopia Corp.

As the team gets a better understanding of the lithium claystone deposit, a steady stream of news and advancements is expected this year, not only from Enertopia but also from other companies operating in the immediate area as work progresses.

“We are very encouraged by the recent drilling programs taking place near our property boundary including American Battery Technology Company who recently released their 43-101 with an inferred resource of 15.3 million tonnes of lithium carbonate equivalent using a 300 ppm li cutoff with an average grade of 561 ppm li,” said Enertopia’s President, Robert McAllister.

Enertopia is an environmental solutions company that uses modern technology to extract lithium and verifies and sources other intellectual property in the electric vehicle and green technology industries.

Enertopia Corp. (ENRT) opened trading at $0.04 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


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