Results From The Clayton Valley Nevada Drill Program

KELOWNA, BC - Enertopia Corporation reported that all drill core sample assays have been received from the four resource definition holes and one metallurgical test hole. The best hole for grade and thickness was TOP-02 that averaged 1,231 ppm li over 262 feet. Including 1,368 ppm li over 186 feet in the main reduced zone.

Drilling confirms widespread lithium mineralization on the property. The average grade and thickness from our four-hole drill program was approximately 1,120 ppm li over an average thickness of 284 feet. A higher-grade zone inside the total lithium horizon averaged more than 1,225 ppm over an average thickness of 177 feet.

This zone appears to have a regional NE trend starting from the Southwest on Cypress Development’s proposed high-grade starter pit, with an average grade of ~ 1,105 ppm Li and running through our project and then onto Noram Ventures project to the northeast where they have outlined a shallow resource to ~ 50 feet averaging 1,060 ppm Li.

Drill hole TOP-04 ended in mineralization of 1,480 ppm li over the last 5 feet at a depth of 297 feet.

“Drilling has not only verified the Company’s expectations for the potential of the lithium horizon on our property but we have been able to show by the drill bit that the drill intersections to date indicate any future outlined resource could have Lithium values exceeding those of the proposed high-grade starter pit envisioned on the Cypress Development property to our southwest,” said President Robert McAllister.
Drill holes TOP-01 to TOP-04 were assayed over intervals averaging 10ft each unless the intersection involved changes in the lithological units.

Drill hole TOP-02M was only assayed over intervals of 5ft that had poor recovery in adjacent hole TOP-02.

There is a high correlation to lower assayed grades in intersections that had poor recovery when compared to hole TOP-02M which was a twin hole for metallurgical testing purposes. Hole TOP-02M and TOP-04 were drilled with at CAT rig to a depth of 230ft and showed core recoveries of 90% to 100% over these intervals. These two holes returned correspondingly higher average Li grades than holes TOP-01 and TOP-02.

“With assay results in hand from our Clayton Valley Nevada drill program we can’t wait to get started on our solution testing of the drilled lithium horizons. We continue to strive for a low-cost mining and processing solution to unlock the potential value of the Lithium enriched claystone’s,” stated CEO Robert McAllister.

The company’s address is #22, 1873 Spall Road, Kelowna, BC V1Y 4R2, (250) 870-2219, www.enertopia.com.