E3 Metals Corp has recently changed it’s name to E3 Lithium and moved to the top tier of the TSXV. E3 is developing its 100%-owned Lithium brine project in Alberta, Canada, covering 600,000 hectares of the Leduc Aquifer, one of the largest Lithium resources in the world. The most advanced prospect is Clearwater, which E3 is commercializing, with planned annual production of at least 20,000 tonnes of LHM by 2026. Clearwater’s economics are compelling and come with the added potential to turn Alberta into a major lithium hub. The Canadian oil major Imperial Oil have just bought a strategic shareholding in E3 for $6M Canadian and the first exploratory brine well is currently being drilled.
Chris Doornbos, President & CEO presented at the London South East Red Cloud Global Mining Special on Monday evening 27.06.22, and talked us through the Imperial link-up and the overall strategy.