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Enertopia Corporation Provides May 29 WT Project Update

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Enertopia (OTCQB: ENRT) has released an update on its WT Lithium Project. Recently, the company completed its first round of third-party metallurgical testing at Kappes, Cassiday & Associates. Significant findings include:

- HCL acid leaching achieved 97% lithium extraction in 4 hours at 60°C.
- HCL acid leaching achieved 91% lithium extraction in 1 hour at 60°C.
- Sulphuric acid leaching achieved 91% lithium extraction in 4 hours at 60°C.
- Sulphuric acid leaching achieved 79% lithium extraction in 1 hour at 60°C.
- Distilled water leaching achieved 1% lithium extraction in 24 hours at 23°C.

Key takeaways reveal HCL acid consumes 12% less than Sulphuric acid and increases lithium extraction by 11% in 1-hour tests. These results will guide the project's second phase, focusing on feed preparation, further leaching analysis, and testing calcined products.

Positive
  • 97% lithium extraction achieved with HCL acid in 4 hours at 60°C.
  • HCL acid leaching consumes 12% less acid than Sulphuric acid.
  • 91% lithium extraction achieved with HCL acid in 1 hour at 60°C.
  • Upcoming phase aims for reduced acid consumption and increased lithium grade.
Negative
  • Sulphuric acid leaching achieves lower lithium extraction rates compared to HCL acid.
  • Distilled water leaching shows very low lithium extraction at only 1% in 24 hours.
  • Increased operational costs due to use of HCL acid.
  • Potential environmental concerns with acid use in leaching processes.

Enertopia announces 97% of Lithium into solution

Kelowna, British Columbia--(Newsfile Corp. - May 29, 2024) - Enertopia Corporation (OTCQB: ENRT) (CSE: ENRT) ("Enertopia'' or the "Company") a company focused on building shareholder value through a combination of our Nevada lithium claims, intellectual property, & pending patents in the green technology space, is very pleased to provide the following lithium project update.

Earlier this year, the Company initiated our first round of 3rd party metallurgical testing for the WT Lithium Project west of Tonopah, NV at Kappes, Cassiday & Associates ("KC&A") based in Reno, NV. Since commencement of the program, a number of key results have been obtained to support the continued process work which is based on known technology and is similar to other lithium clay projects in the United States.

The Company has received the completed solution testing work, from lithium mineralized material from the 2023 drill program.

Highlights of the process development and laboratory work completed to-date:

  • HCL acid leaching - extraction of 97% lithium is achieved with 4 hours of retention time at 60degreeC.
  • HCL acid leaching - extraction of 91% lithium is achieved with 1 hour of retention time at 60degreeC.
  • Sulphuric acid leaching - extraction of 91% lithium is achieved with 4 hours of retention time at 60degreeC.
  • Sulphuric acid leaching - extraction of 79% lithium is achieved with 1 hour of retention time at 60degreeC.
  • Distilled water leaching for baseline test - extraction of 1% lithium is achieved with 24 hours or retention time at 23 degrees C.

Key takeaways:

  • Solution leaching results show lithium is readily leachable from the hosted claystone rock at our 100% WT lithium project.
  • Overall lithium recovery is a function of time in retention, temperature, and type of acid used.
  • Measured HCL acid consumed was 12% less than Sulphuric acid.
  • Measured lithium into solution increased by 11% using HCL acid vs Sulphuric acid in 1 hour retention tests.

The results from the completed round of metallurgical testing and will be the basis for the upcoming second phase of metallurgical test work as summarized below:

  • Feed preparation/beneficiation - coarse material (+75 micron) expecting a reduction in material mass, increase in lithium grade and decrease in net acid-consumption per mg of lithium put into solution.
  • Further analysis on leaching time and temperature testing for reduced acid consumption.
  • Three roast tests with subsequent water leach tests of the calcined products

"The Enertopia team of consultants looks forward to continuing to move ahead on our developing Lithium and technology assets," stated President Robert McAllister.

For additional project details please visit our website at https://enertopia.com/.

The scientific and technical content of this news release has been reviewed and approved by John Nelson, P.Geo., Director of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.

About Enertopia

Defines itself as an Environmental Solutions Company focused on using modern technology on extracting lithium and verifying or sourcing other intellectual property in the EV & green technologies to build shareholder value.

Enertopia shares are quoted in the United States and Canada under ticker symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President at 1-888-ENRT201.

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its mineral exploration or technology projects, growth opportunities, plans and objectives of management for future operations, including statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes in the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. There can be no assurance that the drilling will result in an economic deposit or have any positive impact on Enertopia. There can be no assurance that the four pending patents will become patents and will have a positive impact on Enertopia. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities.

The OTC Markets and the CSE have not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210829

FAQ

What were the results of Enertopia's first round of metallurgical testing for the WT Lithium Project?

Enertopia's first round of metallurgical testing showed 97% lithium extraction with HCL acid leaching in 4 hours at 60°C and 91% lithium extraction in 1 hour.

How did HCL acid perform compared to Sulphuric acid in Enertopia's testing?

HCL acid leaching performed better, achieving higher lithium extraction rates and consuming 12% less acid compared to Sulphuric acid in 1-hour tests.

What are the key takeaways from Enertopia's lithium extraction tests?

Key takeaways include high lithium extraction rates with HCL acid, 12% lower acid consumption compared to Sulphuric acid, and significant extraction differences based on time and temperature.

What are the next steps for Enertopia's WT Lithium Project?

The next steps include further leaching time and temperature analysis, feed preparation to reduce material mass and increase lithium grade, and testing calcined products.

What was the lithium extraction rate using distilled water in Enertopia's tests?

The lithium extraction rate using distilled water was only 1% in 24 hours at 23°C.

ENERTOPIA CORP

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