10:05 AM EST - E3 Lithium Ltd. : Completed drilling its first well on July 7, 2022 . E3 Lithium (E3) is now moving to completion and sampling operations on this well, including retrieving brine samples to verify lithium concentrations and production testing to confirm flow rates and deliverability from the Leduc Reservoir. Via its first well, E3 achieved its planned total depth of 2,670 metres, allowing for full data collection including 36.9 metres of core sample. E3 will use the core to quantify reservoir parameters to help validate the geological model and support the upgrade of its resource from Inferred to Measured and Indicated, which is the basis of its Pre-Feasibility Study (PFS). E3 Lithium Ltd.
shares V.ETL are trading down 2 cents at $2.19.
