Century Lithium Grants Reward Stock Options


Century Lithium.

Corp. (.

TSXV: LCE.

) (OTCQX: CYDVF) (Frankfurt: C1Z) (.

Century Lithium.

or the Business) is delighted to report screening outcomes at Saltworks Technologies, Inc. (Saltworks) in Richmond Canada and extra production of high-purity lithium carbonate (Li 2 CO 3) utilizing item services from the Business’s Lithium Extraction Center (Pilot Plant) in Amargosa Valley, Nevada U.S.A.. The services checked at Saltworks were originated from seeping of claystone from the Business’s 100%- owned Clayton Valley Lithium Task (Task) in Nevada; and processed at the Pilot Plant by means of direct lithium extraction (DLE) to produce an intermediate focused lithium option (DLE eluent).

” It is extremely favorable to see consistency in our high-purity, 99.87%, lithium carbonate item grades from our Pilot Plant this year” specified.

Expense Willoughby.

, President, and CEO of.

Century Lithium.

. “The emphasize however, is the nearly five-fold boost in lithium grade in the focused lithium option created at the Pilot Plant. This was accomplished through cooperation with Koch Innovation Solutions and their Li-Pro.

TM.

system, and its combination into.

Century Lithium.

‘s chloride-based leaching procedure.”.


Emphasizes.

  • Repetitive production of high-purity (99.87%) battery-grade lithium carbonate.
  • Enhanced lithium concentrations in DLE eluent.
  • Minimized volume of option in downstream treatment and recycling.
  • Prospective to remove evaporation from the post DLE procedure flowsheet.
  • Active screening underway to additional enhance DLE eluent grade.


Lithium Carbonate Assay Outcomes.

Saltworks has actually when again produced battery-grade lithium carbonate (Li.

2.

CO.

3.

) from the DLE eluent produced at the Pilot Plant. The table listed below is a contrast of Saltworks’ 2023 outcomes for Li.

2.

CO.

3.

, DLE eluent Batch 2, with the formerly reported arise from DLE eluent Batch 1 (see.

May 25.

, 2023.

press release.

). Likewise revealed are the constituent levels for battery grade Li.

2.

CO.

3,.

as released by 2 significant manufacturers. The assays outcomes were settled by Saltworks and separately assayed by SGS Canada, Inc. These outcomes reveal consistency in structure of both the DLE eluent produced by the Pilot Plant previously in the year and the resulting Li.

2.

CO.

3.

item produced by Saltworks, accomplishing 99.871% material versus 99.875% reported formerly.



Li.

2.

CO.

3.

Assay Outcomes.



Century Li.

2.

CO.

3.




Batch 2 (August 2023).


Century Li.

2.

CO.

3.


Batch 1 (May 2023).


Referral Grades.


Li.

2.

CO.

3.


wt%.



99.871.


99.875.


>> 99.5.


H.

2.

O.


wt%.



0.05.


0.03.


0.2 to.


Na.


wt%.



0.027.


0.047.


0.03 to.


Ca.


wt%.



0.012.


0.009.


0.01 to.


Fe.


Wppm.



3.


3.


Al.


Wppm.



3.


Cu.


Wppm.



3.


Ni.


Wppm.


Zn.


Wppm.


13.


Cl.


wt%.



0.01.


0.008.


Notes: wt% (weight percent), wppm (weight parts per million), computed Li.

2.

CO.

3.

pureness based upon amount of pollutants determined.

above detection limitation. Referral grades are from released specs from 2 significant manufacturers of battery grade Li.

2.

CO.

3.


Lithium in DLE Eluent.

As just recently reported (see.

August 9, 2023.


press release.

),.

Century Lithium.

worked together with Koch Innovation Solutions (KTS), a Koch Engineered Solutions’ (KES) business, and incorporated KTS’ Li-Pro.

TM.

system into the DLE phase of the Pilot Plant. This work has actually increased the grades of the DLE eluent (intermediate lithium item option) numerous fold. These modifications are described in the table listed below, as reported by analyses from Saltworks.



DLE Eluate Assay Outcomes.



Batch.



1.



2.



3.



4.



5.


Lithium (Li) (ppm).


1,430.


1,610.


1,885.


3,970.


6,780.


Salt (Na) (ppm).


22,400.


25,850.


24,150.


19,100.


8,220.


Overall liquified solids (TDS) (ppm).


77,450.


77,850.


82,600.


78,300.


79,300.


Li: TDS.


0.018.


0.021.


0.023.


0.051.


0.085.


Li: Na.


0.064.


0.062.


0.078.


0.208.


0.825.


Notes: DLE eluent for Batch 1 and 2 utilized to produce Li.

2.

CO.

3.

mentioned above.

Batches 1, 2 and 3 are DLE eluents produced throughout the very first quarter of 2023. Li.

2.

CO.

3.

production was performed to conclusion in batches 1 and 2 however the processing of Batch 3 was postponed due to its resemblance to batches 1 and 2 and the enhancements seen in the grades of batches 4 and 5. These enhancements in lithium grade from 1,430 parts per million (ppm) to 6,780 ppm, boost in the ratio of lithium to overall liquified solids (TDS) from 0.018 to 0.085, and decrease in salt from 25,850 ppm to 8,220 ppm all accompanied the intro of KTS’ Li-Pro.

TM.

system into the DLE phase of the Business’s Pilot Plant.


Ramifications for Lithium Carbonate Production.

The boost in lithium (Li) grade and the Li: TDS ratio has favorable ramifications for the size and expenses of the lithium carbonate production part of the lithium extraction procedure at the Task. Within the Saltworks flowsheet, these greater worths relate to a lower volume of option to be dealt with and an in proportion reduction in the quantity of water that should be gotten rid of (vaporized) prior to lithium carbonate rainfall. This will likewise impact the recycled services within the lithium carbonate production phase by lowering the volume of services relocated this phase and other seeping locations of the processing plant.

The details originated from the Pilot Plant, consisting of the test arises from the mix of.

Century Lithium.

‘s DLE procedure and KTS’ Li-Pro.

TM.

system, and current part modifications at the Saltworks lab, is additional to the.

Expediency Research study.

for the job. The style basis for the Expediency Research study was developed at a Li: TDS ratio of 0.02.

The Saltworks flowsheet targets a lithium grade of 10,000 to 20,000 ppm (10-20 g/L) for rainfall. Deal with KTS at the DLE phase at the Pilot Plant has actually seen initial, internally assayed, lithium option grades of over 8,000 ppm in the DLE eluent. Work is continuing within the DLE location to additional boost lithium grades in option, developing the scope to decrease option volumes and the possible to remove a significant evaporation action from the procedure flowsheet. As a supplement to the Expediency Research Study, the Business is pursuing these possible expense and size cost savings with Saltworks.


Progressing.

Deal with the Expediency Research study continued throughout the 6 months ended.

June 30, 2023.

, with more than 20,000 expert hours used up because its start. Following invoice of preliminary worths from our specialists, Wood PLC and thyssenkrupp nucera, the Business is performing internal evaluations to examine optimization and expense decrease chances; work which is underway. In.

June 2023.

, the Business engaged Kiewit Industrial Group in.

Lone Tree, Colorado.

to help with the evaluation of job styles and quotes with attention to website advancement, product and supply expenses, and building and construction approaches. One optimization chance, lowering or getting rid of making use of thickeners for tailings separation at the same time setup, was executed and is under trial at the Pilot Plant.

The Business’s cooperation with KTS is underway, using KTS’ Li-Pro.

TM.

devices in the DLE area of the Pilot Plant, where lithium is selectively recuperated from the leach option while unhealthy components are declined. Evaluating with KTS is anticipated to continue through the 3.

rd.

quarter while KTS gathers details to prepare an engineering style and expense quote for a major release of Li-Pro.

TM.

system which will supplement the Business’s Expediency Research study.


Certified Individual.


Todd Fayram.

, MMSA-QP and.

Daniel Kalmbach.

, CPG, are the certified individuals as specified by National Instrument 43-101 and have actually authorized the technical details in this release.


Century Lithium.

Corp. (previously.

Cypress Advancement Corp.

) is a sophisticated phase lithium business, concentrated on establishing its 100%- owned.

Clayton Valley Lithium Task.

in west-central.

Nevada, U.S.A..

.

Century Lithium.

is presently in the pilot phase of screening on product from its lithium-bearing claystone deposit at its Lithium Extraction Center in.

Amargosa Valley, Nevada.

and advancing towards finishing an Expediency Research study and allowing, with the objective of ending up being a domestic manufacturer of lithium for the growing electrical car and battery storage market.


ON BEHALF OF.

Century Lithium.

CORP.



WILLIAM WILLOUGHBY.

, PhD., PE.

President & & Ceo.



centurylithium.com.



NEITHER THE TSX ENDEAVOR EXCHANGE NOR ITS POLICY PROVIDERS ACCEPTS OBLIGATION FOR THE ADEQUACY OR PRECISION OF THE MATERIAL OF THIS PRESS RELEASE.



Cautionary Note Relating To Forward-Looking Statements.


This release consists of specific declarations that might be considered to be “positive declarations”. Positive declarations undergo threats, unpredictabilities and presumptions and are recognized by words such as.

“.

anticipates,” “quotes,” “tasks,” “prepares for,” “thinks,” “could,” “set up,” and other comparable words. All declarations in this release, besides declarations of historic truths, that address occasions or advancements that management of the Business anticipates, are positive declarations. Although management thinks the expectations revealed in such positive declarations are based upon sensible presumptions, such declarations are not assurances of future efficiency, and real outcomes or advancements might vary materially from those in the positive declarations. The Business carries out no responsibility to upgrade these positive declarations if management’s beliefs, quotes or viewpoints, or other elements, need to alter. Aspects that might trigger real outcomes to vary materially from those in positive declarations, consist of market value, expedition, and advancement successes, continued schedule of capital and funding, and basic financial, market or service conditions. Please see the general public filings of the Business at.



www.sedar.com.



for additional details.

Cision
View initial material to download multimedia:.

https://www.prnewswire.com/news-releases/century-lithium-reports-on-testing-with-saltworks-and-production-of-battery-grade-lithium-carbonate-301905334.html.

SOURCE.

Century Lithium.

Corp.

Cision
View initial material to download multimedia:.

https://www.newswire.ca/en/releases/archive/August2023/21/c3469.html.


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