Century Lithium Grants Reward Stock Options

Century Lithium Corp. ( TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ( Century Lithium or the Business) is happy 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 options from the Business’s Lithium Extraction Center (Pilot Plant) in Amargosa Valley, Nevada U.S.A.. The options evaluated at Saltworks were stemmed 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 service (DLE eluent).

Century Lithium Reports on Testing with Saltworks & Production of Battery Grade Lithium Carbonate (CNW Group/Century Lithium Corp.)

“It is really favorable to see consistency in our high-purity, 99.87%, lithium carbonate item grades from our Pilot Plant this year” mentioned Costs Willoughby , President, and CEO of Century Lithium “The emphasize however, is the practically five-fold boost in lithium grade in the focused lithium service produced at the Pilot Plant. This was attained through partnership 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
  • Lowered volume of service 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 as soon as 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 Might 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 completed by Saltworks and individually 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, attaining 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 (Might 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 requirements 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 service) a number of fold. These modifications are laid out 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 correspond to a lower volume of service 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 options within the lithium carbonate production phase by lowering the volume of options relocated this phase and other seeping locations of the processing plant.

The details stemmed 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 element modifications at the Saltworks lab, is additional to the Expediency Research Study for the task. 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 service grades of over 8,000 ppm in the DLE eluent. Work is continuing within the DLE location to additional boost lithium grades in service, producing the scope to minimize service volumes and the prospective to remove a significant evaporation action from the procedure flowsheet. As a supplement to the Expediency Research Study, the Business is pursuing these prospective 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 specialist hours used up given that its beginning. Following invoice of preliminary worths from our experts, Wood PLC and thyssenkrupp nucera, the Business is performing internal evaluations to evaluate 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 task styles and price quotes with attention to website advancement, product and supply expenses, and building and construction techniques. One optimization chance, lowering or getting rid of making use of thickeners for tailings separation while doing so setup, was executed and is under trial at the Pilot Plant.

The Business’s partnership with KTS is underway, making use of KTS’ Li-Pro TM devices in the DLE area of the Pilot Plant, where lithium is selectively recuperated from the leach service while unhealthy aspects are turned down. Checking with KTS is anticipated to continue through the 3 rd quarter while KTS gathers details to prepare an engineering style and expense price quote for a full-blown 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 automobile 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 GUIDELINE COMPANIES ACCEPTS DUTY FOR THE ADEQUACY OR PRECISION OF THE MATERIAL OF THIS PRESS RELEASE.

Cautionary Note Concerning Forward-Looking Statements

This release consists of particular declarations that might be considered to be “positive declarations”. Positive declarations undergo threats, unpredictabilities and presumptions and are determined by words such as anticipates,” “price quotes,” “jobs,” “expects,” “thinks,” “could,” “arranged,” and other comparable words. All declarations in this release, besides declarations of historic realities, 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 affordable presumptions, such declarations are not warranties 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, price quotes or viewpoints, or other aspects, need to alter. Elements that might trigger real outcomes to vary materially from those in positive declarations, consist of market value, expedition, and advancement successes, continued accessibility 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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