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Sunny Lithium Reports 1,023ppm Lithium Grab Sample, The Canadian Business Journal

VANCOUVER, British Columbia, August 26, 2022 (GLOBE NEWSWIRE) — Clear Sky Lithium Co., Ltd. (CSE: POWR) (FRA: K4A / WKN: A3DM2W) (“fine weather” or “Company”), a mineral exploration and development company focused on lithium deposits in America to support domestic demand, is pleased to report sampling results from its wholly owned ELi Claystone Lithium Project in Central Nevada. .

As part of the company’s early efforts, surface grab samples (n=4) were collected during a trip to the ELi site in Q2 2022. Samples were collected to a depth of approximately 30 cm using a combination of hand tools and recorded with his QField app on his Android tablet with built-in GPS. Sample field values ​​were recorded for easting, northing, elevation location information, and documentation of physical attributes according to each sample and location. Samples were then safely transported to the American Assay Lab facility in Reno, Nevada for analysis.1The results are shown in Table 1 and Figure 1.

Table 1: ELi Grab Sample Results – American Assay Labs

sample ID east wing northern distance UTM zone Assay method Li ppm1
623621 573635 4334628 NAD83/Zone11 ICP-5AM48 1023.1
623627 573627 4334619 NAD83/Zone11 ICP-5AM48 770.2
623629 574048 4334619 NAD83/Zone11 ICP-5AM48 278
623630 573557 4334680 NAD83/Zone11 ICP-5AM48 709.5

A recent fieldwork program follows up a previously released (June 15, 2022) promising sample (n=150). This sample contained values ​​ranging from 45 to 801 ppm with an average grade of 292 ppm.Lithium from 288 to 970 ppm with an average grade of 667 ppm1 As a candidate to enter Clear Sky’s lithium sector, it was the driving force behind the project. See Figure 1 for an overview of sampling in the Eli project.

The company’s CEO, Patrick Morris, said: Clear Sky’s technical team is integrating these results into future program planning. We look forward to continuing to advance the ELi property using a toolbox approach consisting of various exploration and processing technologies, with the ultimate goal of building value in Nevada’s lithium sector. ”

Clear Sky Lithium is thrilled to be in Nevada, the heart of America’s lithium discovery region. The state is home to several advanced-stage lithium projects, including the only operating lithium mine in the United States. It was not until 1991 that the USGS first published on sediment-hosted lithium (claystone lithium), one of the new deposit types in exploration.

Figure 1 – ELi project sampling overview

The ELi property was first sampled in 2019 due to its geological setting in a sub-horizontal sequence of lakes, tuff mudstones, claystones, and siltstones deposited in the Little Smoky Valley. This sequence appears to be overlain by more conglomerate-like tuff and overlain by young felsic volcanic rocks. This broad northward valley formed in a closed basin near the southwestern margin of the Basin and Range Physical State in central Nevada.

Lithium-bearing rocks within the project area are referred to as tuff beds and other young Tertiary sedimentary rocks in the digital geological model generated by the Nevada Mining Authority. This unit is believed to have a strong volcanic component. In northern Nye County, this unit is called the Horse Camp Formation and corresponds to the Esmeralda Formation in Mineral and Esmeralda Counties. It also correlates with older lakebeds in southern Nye, Lincoln, Clark, and Humboldt counties. It corresponds to units Ts3 and Tts on the 1978 state map and is present in every county in Nevada.

Unlike brine-based lithium projects, the sedimentary or ‘claystone’ sedimentary deposits can be improved in terms of environmental impact by utilizing non-evaporative extraction methods that reduce water usage in dry desert conditions. Provides an advantage. With the emergence of new extraction and processing technologies, coupled with the surge in interest, activity and capital investment in claystone mining in the region, Clear Sky’s strategic focus on processing technology has led to the company’s comprehensive exploration and development efforts. Consistent with the plan.

Clear Sky Lithium advises the public that as part of its disclosure obligations as a public issuer, all materials and regulatory filings are posted at www.sedar.com. He also invites the public to visit his website (www.clearskylithium.com) and sign up for “News Alerts” to receive future news releases and related company information. Also, be sure to check out the video now available on our website.

On behalf of the Board of Directors,

~Patrick Morris~

Patrick Morris
Chief executive officer
Clear Sky Lithium Co., Ltd.
www.clearskylithium.com

Note
Anna Hicken, P.Geo of Geomax Consulting and our consultant, is a qualified person as defined in NI 43-101 and has reviewed and approved the scientific and technical content of the press release.

1.All sampling completed by Clear Sky within an exploration program is subject to company standards for internal quality control and quality assurance programs. This includes inserting certified reference materials, blank materials, and duplicate analyzes of pulp. All samples are sent to American Assay Labs in Reno, NV and processed for lithium analysis by ICP-5AM48. American Assay Labs’ quality system complies with the requirements of ISO/IEC Standard 17025 guidelines and meets the assay requirements outlined in NI 43-101. Data validation of analytical results included statistical analysis of standards and blanks that had to pass certain parameters for acceptance to ensure accurate and verifiable results.

Surface claystone samples are selective in nature and may not represent the true grade or style of mineralization across the property.

About Clear Sky Lithium Corp.(CSE: POWR) (FRA: K4A / WKN: A3DM2W)
Clear Sky Lithium is an exploration and development company dedicated to developing North American lithium deposits to support domestic demand. The Company currently owns his ELi and Halo properties in Nevada. The company is also focused on developing claystone extraction and processing technologies aimed at achieving scalable efficiencies across the value chain in a sustainable manner. For more information, please visit www.clearskylithium.com to watch the video.

Forward-Looking Information Disclaimer

To the extent that this news release is not historical fact, this news release contains statements and information that may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information may include financial and other projections and statements regarding future plans, objectives or economic performance or the assumptions underlying any of the foregoing. In some cases, forward-looking statements are “may,” “would,” “could,” “will,” “likely,” “exclude,” and “expect.” can be identified by terms such as , “believe” and “intend”. , “plans”, “forecasts”, “plans”, “estimates”, “outlooks” or other similar expressions relating to the negative of these or matters that are not historical facts. Examples of such statements include global trends toward clean energy, projected growth in demand for lithium and domestic resource production, technological advances that increase the viability of lithium-ion batteries, new lithium extraction and This includes, but is not limited to, Company’s ability to develop processes. technology, our plans to further strategic exploration of Eli assets, and key partnerships across relevant academic disciplines, as well as industry experts, commercial R&D laboratories and end users, to deliver the best value clean Our plan to evaluate. -tech extraction and processing technology.

Forward-looking information is based on assumptions made in light of management’s experience, trends, perceptions of current conditions, expected developments and other factors that management believes to be relevant and reasonable. , based on estimates, analyzes and opinions. As of the date such statements are made, they may prove to be inaccurate. Factors and assumptions include, but are not limited to, key personnel and qualified employees who continue to be involved with the Company. our ability to secure additional funding on reasonable terms; competitive conditions in the sectors in which we operate; Laws and Amendments Applicable to Us.

Forward-looking information involves known and unknown risks, uncertainties and the Company’s actual results, performance or performance may differ materially from future results, performance or performance expressed or implied by forward-looking information. It includes other factors that can cause different. risks associated with our future business plans; The risk that we may not be able to secure key personnel; the risk that the Company may be unable to secure financing on reasonable terms or at all, and all other matters described under the heading “Risk Factors” in the Company’s Definitive Long-Term Prospectus dated May 31, 2022; risk. Accordingly, readers should not place undue reliance on such forward-looking information. In addition, forward-looking information speaks only as of the date such statements are made. New factors emerge from time to time and it is not possible for our management to predict all such factors and the extent to which each such factor, or factor or combination of factors, will affect our business. It is impossible to assess in advance who will be affected. Actual results may differ materially from those contained in the forward-looking information. We do not use forward-looking information to reflect information or events after the date they were made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws. shall not be obliged to update to

CSE neither endorses nor disapproves of the contents of this press release. Neither CSE nor its market regulators (as that term is defined in CSE’s Policy) assumes responsibility for the adequacy or accuracy of this release.

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Clear Sky Lithium Co., Ltd.
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Email: [email protected]
Phone: +1 (778) 383-7240


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Sunny Lithium Reports 1,023ppm Lithium Grab Sample, The Canadian Business Journal

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