Northwire Canada EditionTuesday, August 11, 2026
Northwire
CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8% CN 0.190 +18.8% URE 1.98 +2.1% ALS 62.34 −1.3% AAUC 30.98 +1.6% RYR 0.190 −5.0% ECU 1.77 −4.3% GLAD 3.34 +2.5% IMG 25.63 +0.3% RUSH 0.080 +14.3% HMMC 6.76 +4.0% APX 0.060 +0.0% CBLT 0.050 +0.0% AIR 0.065 +8.3% PRU 5.54 +1.8% TOM 0.160 +14.3% QCX 0.235 +6.8%
Drill Results

E3 Lithium begins construction on phase 2 demo plant

ETL · Price

Executive Summary

  • E3 Lithium Ltd. has commenced site construction for Phase 2 of its Clearwater Demonstration Facility, located east of Olds, Alberta.
  • The company is actively grading the site and preparing for a planned drilling program to confirm Leduc reservoir flow rates and characteristics.
  • The drilling rig is expected to be mobilized to the site in the coming weeks, with data from this phase informing the design of the future commercial facility.

Key Details

  • Project Phase: Phase 2 of the Clearwater Demonstration Facility.
  • Location: East of the town of Olds, Alberta, within E3 Lithium's Clearwater project area.
  • Regulatory Status: Required permits were approved by the Alberta Energy Regulator on September 11, 2025.
  • Construction Activities:
    • Road access improvements.
    • Pad construction.
    • Environmental and safety preparations.
    • Topsoil and subsoil stripping and storage for future reclamation.
  • Operational Timeline: The drilling rig is expected to be mobilized to the site in the coming weeks.
  • Technical Objectives:
    • Confirm Leduc reservoir flow rates.
    • Determine reservoir characteristics.
    • Use production data to inform the well scheme, gathering system, and gas handling system for the planned commercial facility.
  • Environmental Commitment: Site will be reclaimed upon completion, with disturbed soil replaced and land returned to its original use.

Notable Quotes

  • "Commencing drill site preparation is an important step towards advancing phase 2 of the demonstration facility," said Chris Doornbos, president and chief executive officer of E3 Lithium. "Our team is focused on executing this program safely, efficiently with a strong commitment to environmental stewardship. We look forward to providing further updates as drilling operations begin."
Read the original news release →

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