UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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| Item 7.01 | Regulation FD Disclosure |
On January 19, 2024, Enertopia Corp. ("Enertopia" or the "Company") issued a news release providing its WT Property update, attached as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits |
| 99.1 | Press Release dated May 29, 2024 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ENERTOPIA CORP. |
| /s/ Robert McAllister |
| Robert McAllister |
| President and Director |
| May 29, 2024 |
Exhibit 99.1
Enertopia Corporation Provides May 29 WT Project Update
Enertopia announces 97% of Lithium into solution
Kelowna, British Columbia--(Newsfile Corp. - May 29, 2024) - Enertopia Corporation (OTCQB: ENRT) and (CSE: ENRT) ("Enertopia'' or the "Company") a company focused on building shareholder value through a combination of our Nevada lithium claims, intellectual property, & pending patents in the green technology space, is very pleased to provide the following lithium project update.
Earlier this year, the Company initiated our first round of 3rd party metallurgical testing for the WT Lithium Project west of Tonopah, NV at Kappes, Cassiday & Associates ("KC&A") based in Reno, NV. Since commencement of the program, a number of key results have been obtained to support the continued process work which is based on known technology and is similar to other lithium clay projects in the United States.
The Company has received the completed solution testing work, from lithium mineralized material from the 2023 drill program.
Highlights of the process development and laboratory work completed to-date:
• HCL acid leaching - extraction of 97% lithium is achieved with 4 hours of retention time at 60degreeC.
• HCL acid leaching - extraction of 91% lithium is achieved with 1 hour of retention time at 60degreeC.
• Sulphuric acid leaching - extraction of 91% lithium is achieved with 4 hours of retention time at 60degreeC.
• Sulphuric acid leaching - extraction of 79% lithium is achieved with 1 hour of retention time at 60degreeC.
• Distilled water leaching for baseline test - extraction of 1% lithium is achieved with 24 hours or retention time at 23 degrees C.
Key takeaways:
• Solution leaching results show lithium is readily leachable from the hosted claystone rock at our 100% WT lithium project.
• Overall lithium recovery is a function of time in retention, temperature, and type of acid used.
• Measured HCL acid consumed was 12% less than Sulphuric acid.
• Measured lithium into solution increased by 11% using HCL acid vs Sulphuric acid in 1 hour retention tests.
The results from the completed round of metallurgical testing and will be the basis for the upcoming second phase of metallurgical test work as summarized below:
• Feed preparation/beneficiation - coarse material (+75 micron) expecting a reduction in material mass, increase in lithium grade and decrease in net acid-consumption per mg of lithium put into solution.
• Further analysis on leaching time and temperature testing for reduced acid consumption.
• Three roast tests with subsequent water leach tests of the calcined products
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"The Enertopia team of consultants looks forward to continuing to move ahead on our developing Lithium and technology assets," stated President Robert McAllister.
For additional project details please visit our website at https://enertopia.com/
The scientific and technical content of this news release has been reviewed and approved by John Nelson, P.Geo., Director of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.
About Enertopia
Defines itself as an Environmental Solutions Company focused on using modern technology on extracting lithium and verifying or sourcing other intellectual property in the EV & green technologies to build shareholder value.
Enertopia shares are quoted in the United States and Canada under ticker symbol ENRT. For additional information, please visit www.enertopia.com or call Robert McAllister, the President at 1-888-ENRT201.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, potential and financing of its mineral exploration or technology projects, growth opportunities, plans and objectives of management for future operations, including statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions that are forward-looking statements. Such forward-looking statements are estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements., foreign exchange and other financial markets; changes in the interest rates on borrowings; hedging activities; changes in commodity prices; changes in the investments and expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Enertopia Corporation operates. There can be no assurance that the drilling will result in an economic deposit or have any positive impact on Enertopia. There can be no assurance that the four pending patents will become patents and will have a positive impact on Enertopia. The User should refer to the risk disclosures set out in the periodic reports and other disclosure documents filed by Enertopia Corporation from time to time with regulatory authorities.
The OTC Markets and the CSE have not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Document and Entity Information Document |
May 29, 2024 |
|---|---|
| Document Information [Line Items] | |
| Document Type | 8-K |
| Document Creation Date | May 29, 2024 |
| Document Period End Date | May 29, 2024 |
| Amendment Flag | false |
| Entity Registrant Name | Enertopia Corporation |
| Entity Address, Address Line One | #7 1873 Spall Road |
| Entity Address, City or Town | Kelowna |
| Entity Address, State or Province | BC |
| Entity Address, Country | CA |
| Entity Address, Postal Zip Code | V1Y 4R2 |
| Entity Incorporation, State Country Name | NV |
| City Area Code | 250 |
| Local Phone Number | 870-2219 |
| Entity File Number | 000-51866 |
| Entity Central Index Key | 0001346022 |
| Entity Emerging Growth Company | false |
| Entity Tax Identification Number | 20-1970188 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Shares |
| Trading Symbol | ENRT |