VANCOUVER, British Columbia, Oct. 11, 2022 (GLOBE NEWSWIRE) — Clear Sky Lithium Corp. (CSE: POWR) (FRA: K4A / WKN: A3DM2W) (“Clear Sky” or the “Company”), a mining exploration and development company focused on US lithium deposits to support domestic demand, engaged Activation Labs (ActLabs) to perform an analysis to determine the types of clay present on our properties.
Specialist in geochemical and geometallurgical testing, ActLabs of Ancaster, Ontario will initially process four (4) samples from the Clear Sky ELi property. These samples, previously announced on August 26, 2022, contain lithium concentrations of up to 1,023 ppm Li. Using X-ray diffraction (XRD) mineral identification (Rietvelt), ActLabs will determine the relative abundance clay minerals. This analysis is known as speciation. The result of this study will be used in future work on metallurgy and is essential for the toolbox approach which consists of a variety of exploration and processing techniques.
Company CEO Patrick Morris notes, “We believe unlocking lithium processing in clay is key to a US domestic lithium supply. As Clear Sky works towards this goal, a thorough understanding of the type of clay we have in our projects will be part of our efforts to focus on the most effective technologies to move our project forward. I’m happy with the effort and the speed at which our team is progressing. This work constitutes the solid technical basis on which to rely.
Clear Sky Lithium advises the public that as part of its disclosure obligations as a public issuer, all filings and regulatory filings may be viewed at www.sedar.com. We also invite the public to visit our website at www.clearskylithium.com and sign up for our “News Alerts” to be notified of future press releases and related company information. Also be sure to watch our video which is now available on the website.
On behalf of the Board of Directors,
Chairman and Chief Executive Officer and Director
Clear Sky Lithium Corp.
About Clear Sky Lithium Corp. (CSE: POWR) (FRA: K4A / WKN: A3DM2W) (OTC: CSKYF)
Clear Sky Lithium is an exploration and development company dedicated to advancing North American lithium deposits to support domestic demand. The Company holds interests in the Halo and Eli properties in Nevada. The Company is also focused on developing clay mining and processing technologies aimed at delivering scalable efficiencies across the value chain in a sustainable manner. To learn more, visit www.clearskylithium.com and watch our video.
Disclaimer Regarding Forward-Looking Information
This press release contains statements and information which, to the extent that they are not historical facts, may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information may include financial and other projections, as well as statements regarding future economic plans, objectives or performance, or assumptions underlying any of the foregoing. In some instances, forward-looking statements may be identified by words such as “may”, “would”, “could”, “will”, “likely”, “unless”, “anticipate”, “believe”, “have the ‘intention’, ‘plan’, ‘forecast’, ‘project’, ‘estimate’, ‘prospect’, or their negative form or other similar expressions relating to matters which are not historical facts. Examples of such statements include, but are not limited to, statements regarding clay analysis to be performed by ActLabs that unlocking processing of lithium in clay will be key to a US domestic supply. in lithium, and that the result of the study carried out by ActLabs will be used in future metallurgical work.
Forward-looking information is based on management’s assumptions, estimates, analyzes and opinions made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances as of the date such statements are made, but which may prove to be incorrect. Important factors and assumptions used to develop the forward-looking information contained in this press release include, but are not limited to, key personnel and qualified employees who continue their involvement with the company; the Company’s ability to obtain additional financing on reasonable terms; the competitive conditions of the industry in which the Company operates; and the laws and their amendments applicable to the Company.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the information. forward-looking, including, without limitation, risks related to the Company’s future business plans; the risks that the Company may not be able to retain its key personnel; the risks that the Company may not be able to obtain financing on reasonable terms or at all, as well as all other risks described in the Company’s final long form prospectus dated May 31, 2022, under the heading “Factors of risk”. Accordingly, readers should not place undue reliance on such forward-looking information. Further, any forward-looking information speaks only as of the date such statement is made. New factors emerge from time to time, and it is not possible for the management of the Company to predict all of these factors and to assess in advance the impact of each of these factors on the Company’s business or the extent to which any factor, or combination of factors, could cause actual results to differ materially from those contained in the forward-looking information. The Company undertakes no obligation to update forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unforeseen events, except as required by law, including securities laws.
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Clear Sky Lithium Corp.
Email: [email protected]
Phone: +1 (778) 383-7240