Enertopia Corporation (ENRT) Innovative Lithium Extraction Technique in Final Stage of Testing

Over the past two weeks, GWT has been performing final Li₂CO₃ testing using synthetic brines solutions created from Enertopia’s Clayton Valley, Nevada project. These synthetic brines were made by mixing host lithium oxide surface rock with distilled water acidified with HCL or by using distilled water in a solution of PH10.5 to PH 11.0

Referenced are the following photos of the first synthetic Li₂CO₃ slurry and the dried Li₂CO₃ product that has been received by 3rd party independent labs on May 10, 2018.

Photos accompanying this announcement are available at

https://resource.globenewswire.com/Resource/Download/1d267fcc-b485-4b4d-bf3b-aac2fb1969b7

https://resource.globenewswire.com/Resource/Download/e0bdf705-7ec9-43a7-9c06-b2776b2a0662

The last Li₂CO₃ test run using lithium source rock is now on schedule to be completed and shipped by no later than May 31, 2018. The 3rd party independent labs have indicated that the turnaround time is currently estimated to be 21 to 28 days due to industry backlog in sampling. The finished Li₂CO₃ product will be first analyzed via ICP methods to test that they meet the required Industrial grade 99% or battery grade 99.5% purity and keeping below the maximum allowed impurities by weight.

Over the next two weeks, the remaining solutions will be run through the optimized process for final testing of Li brine solutions and Li₂CO₃ finished product. Upon receiving all independent 3rd party lab results the Company will provide a press release at such time to provide the bench test impurity results.

“Genesis Water Technologies looks forward to the 3rd party assay results from the synthetic brine samples and our GWT Enerlet Lithium recovery process. We are enthusiastic to be on the cutting edge of advancements in lithium extraction to provide battery grade lithium to industry,” Stated Technical Manager Nick Nicholas.

NEXT STEPS:

The Company continues to work aggressively to unlock the value of the lithium-bearing rock at and near the surface at the Clayton Valley lithium project. The lithium bearing rock is contained in an uplifted block of sediments along the eastern flank of Clayton Valley, NV. Recently Cypress Development released a 43-101 indicating that they had outlined a large multi-million tonne Li₂CO₃ resource in similar sediments adjacent to our western project boundary. We believe this is a strong indication that there is resource potential on our project as well. Alba Minerals, whose property is adjacent to our eastern property boundary, announced that they had started drilling to expand upon their 43-101 Li₂CO₃resource in sediments as well. We are currently compiling data for our first drill program as this will be necessary for selecting the location of source rock for our proposed pilot plant. Other preliminary work includes the review of onsite or offsite processing of the material for the pilot plant and pilot plant location. Due to the excellent infrastructure in the area, the company has several options that are currently being explored.

The company is very encouraged by the material project developments by Cypress Development and Alba Minerals adjacent to our project. We are further encouraged by our advances, and those of other companies as well, in the recovery of Lithium from various depositional environments and its conversion to carbonate and or hydroxide battery materials. Recent industry news has shown how robust the sector continues to be. Lithium producers Orocobre, FMC and Albemarle have reported record profits from lithium production and indicate continued strong pricing as strong demand and limited supply continue to keep prices at record levels. Another plus for Nevada lithium development and production is the growing concern from battery and auto manufactures, as well as consumers, regarding how and where battery metals are produced. We believe going forward that Lithium supplies that can be 100% traced using best practices will be in increasing demand and this makes Nevada one of the best places to source raw lithium from.