Critical Elements Corporation

Published : June 03rd, 2010

Intersects 1.24% Li2O, 3,532 g/t Rubidium, 208 ppm Ta2O5, 161 ppm Beryllium and 152 ppm Cesium Over

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First Gold Exploration intersects 1.24 li2o 3 532 g/t rubidium 208 ppm ta2o5 161 ppm beryllium and 152 ppm cesium

 

 

 

 

 

First Gold Exploration Inc. (TSX VENTURE:EFG - News; FRANKFURT:F12 - News) is pleased to report the most recent drill results for the Lac Pivert/Rose project. The table below shows the results for holes LR-10-28 to LR-10-42. Holes LR-10-28 to LR-10-38 were drilled to test the extension of the zones toward the north, and all intersected the mineralized zones except Hole LR-10-32. The thickness of the zones appears to decrease toward the north, but new zones also appear to develop. Holes LR-10-39 to LR-10-42 were drilled to the east (see hole location map on the Company's website) to test the continuity along strike. All four holes intersected the mineralized zone over sustained thicknesses. On the basis of these positive results that demonstrate the continuity and consistency of the lithium, rubidium, tantalum, beryllium and cesium values, the Company is pleased to announce that it has expanded its drilling program by an additional 7,500 metres to extend the surface area of the mineralized zones and test other mineralized showings.

The new results obtained to date are as follows:




----------------- ---------------------------------------------------------
HOLE        FROM      TO    TRUE  Li20       Rb    Ta2O5       Be       Cs
                           WIDTH            ppm      ppm      ppm      ppm
#             (m)     (m)     (m)   (%)    (g/t)    (g/t)    (g/t)    (g/t)
----------------- ---------------------------------------------------------
LR-10-28    26.3    29.3       3  0.68    1,598      366      120       80
           37.45      41    3.55  0.24    3,862      341       96      126
            72.6   73.85    1.25   NSV    1,620      794       31      160
          101.45  103.95     2.5  0.34    4,914      139       95      161
          108.55     111    2.45   NSV    4,322      196       53      140
----------------- ---------------------------------------------------------
LR-10-29   17.85    22.7    4.85  1.17    3,006      326       89      120
            35.2    37.4     2.2  0.68    1,173      287      134       91
           69.75   70.65     0.9   NSV    2,630      440       23      250
           74.85   75.75     0.9  0.19    7,490    1 392       27      800
            97.5   99.05    1.55   NSV    1,040      244      120       50
----------------- ---------------------------------------------------------
LR-10-30     2.6    7.55    4.95  1.23    2,241      271      119      114
            23.6    24.3     0.7   NSV    3,660      330       99      180
           101.2  107.55    6.35  0.52    3,837      189      129      161
----------------- ---------------------------------------------------------
LR-10-31    2.55     6.6    4.05   0.9    3,874      203      118      208
           84.95    88.9    3.95  0.96    2,822      187      150      110
----------------- ---------------------------------------------------------
LR-10-33    1.15    3.85     2.7   NSV    1,996      204      110       64
          103.25   106.5    3.25   NSV    1,306      122       69       34
           111.3  113.95    2.65   NSV    2,558      264       95      103
----------------- ---------------------------------------------------------
LR-10-34     1.7    4.35    2.65  0.51    2,369      423      108      112
            33.7    34.8     1.1   NSV    1,220      354      110      110
          117.05   121.2    4.15  0.27    2,411      160       98       83
----------------- ---------------------------------------------------------
LR-10-35   12.45   13.85     1.4   NSV      940      427       71       80
           28.85    32.6    3.75  1.78    2,321      174      113      159
            83.6   84.85    1.25   NSV      710      513       90       60
          125.35   128.8    3.45  0.40    2,784      178       89      107
----------------- ---------------------------------------------------------
LR-10-36   24.45   28.25     3.8  0.97    4,181      135       80      183
           38.95    40.8    1.85  0.53    4,136      431       55      207
           125.5   127.5       2  1.35    3,201      208       65      117
           148.5   149.9     1.4   NSV    1,840      147       41       50
----------------- ---------------------------------------------------------
LR-10-37   15.25   16.45     1.2  0.13    1,510      354       31      840
           48.55   54.65     6.1  0.73    2,798      256      139      109
          127.55   132.3    4.75  0.75    2,382      191      105       79
----------------- ---------------------------------------------------------
LR-10-38   50.85   52.45     1.6   NSV      990      427       29       40
              58   61.85    3.85  0.53    2,813      252      126      103
           137.5  146.35    8.85  1.19    3,704      129      346      159
----------------- ---------------------------------------------------------
LR-10-39    55.7    65.5     9.8  1.13    1,630      313      147       73
          126.25   131.8    5.55  0.69    2,756      170      129       86
----------------- ---------------------------------------------------------
LR-10-40   12.55    14.6    2.05   NSV    1,599      180       43       84
            39.1    55.8    16.7  1.24    3,532      208      161      152
          108.95   114.3    5.35  0.59    2,464      365      106      172
----------------- ---------------------------------------------------------
LR-10-41    11.3    12.5     1.2   NSV      650      317       92       30
           28.15   29.15       1   NSV     1440      256      125       90
           38.05    43.7    5.65  1.53    3,039      299      122      112
            56.8    60.5     3.7  1.12    3,524      137      133      117
           65.95   67.45     1.5   NSV      980      220      164       40
          109.45   111.9    2.45   NSV    3,870      321      113      322
----------------- ---------------------------------------------------------
LR-10-42    12.3   15.75    3.45  0.32    2,890      275      220      149
            37.8    46.7     8.9  1.33    1,712      220      138      148
----------------- ---------------------------------------------------------
                                                                          
(i) 1 ppm = 1 g/t                                                           

The Lac Pivert/Rose property lies less than 5 km from the Eastmain 1 power house. There is substantial infrastructure already in place. An access road and a power line cross the property within 1 km of the showings.

Information on rare metals:

Reference:

University of Croatia / Department of Chemistry




--  http://www.ktf-split.hr/periodni/en/rb.html
   
--  http://www.ktf-split.hr/periodni/en/cs.html
   
--  http://www.ktf-split.hr/periodni/en/be.html
   

Rubidium Rb (average of 32 ppm in earth's crust):

Rubidium occurs abundantly, but is so widespread that production is limited. It is usually obtained from lithium production, and is used as a catalyst and in photocells and vacuum and cathode-ray tubes.

The price of 99.8 % pure rubidium metal is 1669.80 Euros for 100 g.

Cesium Cs (average of 1 ppm in earth's crust):

Cesium is found in pollucite ((Cs4Al4Si9O26).H2O) and as trace in lepidolite. It is used as a 'getter' to remove air traces in vacuum and cathode-ray tubes, and in the production of photoelectric devices and atomic clocks. Since it ionises readily, it is also used as an ion rocket motor propellant.

The price of 99.8 % pure cesium metal is 461.80 Euros for 50 g.

Beryllium Be (average of 1.5 ppm in earth's crust):

Beryllium is found mostly in minerals like beryl (AlBe3(Si6O18)) and chrysoberyl (Al2BeO4). Pure beryllium is obtained by chemically reducing beryl mineral, as well as by electrolysis of beryllium chloride. Its ability to absorb large amounts of heat makes it useful in spacecraft, missiles, aircraft, etc. Emeralds are beryl crystals with chromium traces, giving them their green colour.

The price of 99.5 % pure beryllium lump is 200.70 Euros for 50 g.

"The results are impressive. These subhorizontal plates (zones) on surface generate consistent results, with tantalum grades rising when lithium falls, and vice-versa. These "plates" now cover a surface area of approximately 1,000 metres by 350 metres. The Company's goal is to increase the size of the mineralized zones and demonstrate the economic viability of the Lac Pivert/Rose project in the near term. We are no longer looking at just a lithium project, but rather a "poly-rare-metal" project. This project can be increasingly compared to Cabot Corp.'s (CBT-NYSE) Tanco mine in Manitoba, which has been in production for over 50 years," said Eric Leboeuf, President of First Gold.

We invite you to visit our booth at the "World Resource Investment Conference" in Vancouver June 6 and 7, 2010. We look forward to meeting you there.

All the samples were sent for analysis in sealed containers to the Chemex laboratory in Val-d'Or by employees of the Company. Chemex is the laboratory used for analysis of all samples from programs on the Lac Pivert/Rose property. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separation and pulverized to 85% passing 75 um. All samples are analyzed using ICP-MS, with full analysis for 47 elements.

Jean-Sebastien Lavallee (OGQ #773), a geologist, shareholder and director of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:

Eric Leboeuf
First Gold Exploration Inc.
President and Chief Executive Officer
514-862-6889
president@firstgoldexploration.com
www.firstgoldexploration.com

 

 

Critical Elements Corporation

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Critical Elements is an exploration gold company based in Canada.

Critical Elements holds various exploration projects in Canada.

Its main exploration properties are MATCHI-MANITOU, ROSE (LAC PIVERT), CROINOR, GATINEAU, LAC SAVIGNY NE and MELASSE in Canada.

Critical Elements is listed in Canada. Its market capitalisation is CA$ 133.2 millions as of today (US$ 102.6 millions, € 85.8 millions).

Its stock quote reached its lowest recent point on August 14, 2009 at CA$ 0.07, and its highest recent level on December 15, 2017 at CA$ 1.86.

Critical Elements has 148 030 000 shares outstanding.

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Annual Report 2007
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2/22/2011(J6l1)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/9/2011(Rose (lac Pivert))Drilling Leads to New Tantalum Discovery on Pivert/Rose
2/2/2011(Rose (lac Pivert))Pre-Feasibility Study Underway for the Rose Deposit
6/3/2010(Rose (lac Pivert))Intersects 1.24% Li2O, 3,532 g/t Rubidium, 208 ppm Ta2O5, 16...
3/27/2008(Croinor)Start a Follow-Up Diamond Drill Program at Croinor
1/24/2008(Croinor)RESOURCE ESTIMATE ON CROINOR
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8/8/2016Discovery of a pegmatite traced over more than 700 metres on...
8/8/2016Discovery of a pegmatite traced over more than 700 metres on...
8/1/2016Quarterly Activities Report - 30 June 2016
8/1/2016Activities Report to 30 June 2016
7/6/20162016-07-06 Critical Elements (TSXV: CRE) and Natan (TSXV: NR...
7/6/20162016-07-06 Critical Elements (TSXV: CRE) and Natan (tsxv: nr...
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6/2/20162016-06-02 Critical Elements announces closing of $6 million...
5/18/20162016-05-18 Critical Elements announces $5 million bought dea...
5/6/20162016-05-06 Lepidico exercised Lemare option
5/6/2016Lemare Option Exercised
5/2/2016Activities Report to 31 March 2016
4/28/2016CRITICAL ELEMENTS (TSXV: CRE.V) AND LOMIKO (TSXV: LMR.V) TO ...
4/28/20162016-04-28 Critical Elements (tsxv: cre) and lomiko (tsxv: l...
9/9/20152015-09-09 Critical Elements signs with strategic partner fo...
9/9/2015CORRECTION FROM SOURCE/Critical Elements Signs With Strategi...
9/8/20152015-09-08 Critical Elements signs with strategic partner fo...
9/8/2015IIROC Trading Resumption - CRE
9/8/2015Critical Elements Signs With Strategic Partner for: Off-Take...
9/3/2015IIROC Trading Halt - CRE
6/18/2015Critical Elements Corporation: Annual Meeting
6/16/2015Critical Elements Announces a Closing of $600,300
6/16/20152015-06-16 Critical Elements announces a closing of $600,300
1/16/2015Options Granted
1/16/2015Critical Elements Corporation: Options Granted
12/22/20142014-12-22 Critical Elements announces second closing of $16...
12/22/2014Critical Elements Announces Second Closing of $165,000
12/2/20142014-12-02 Critical Elements announces first closing of $300...
12/2/2014Critical Elements Announces First Closing of $300,000
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8/14/2014Critical Elements Receives Positive Material Testing Results...
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5/13/2014Critical Elements Corporation Closes the Sale of the Croinor...
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8/6/2013Retains SGS Mineral Services in Lakefield to Complete Optimi...
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5/18/2011Environmental Study
3/9/2011New OTCQX Stock Symbol
2/17/2011First Gold Changes its Name to Critical Elements
4/4/2008Breaking news
3/24/2008Announce that is has started the application process for a F...
3/17/2008Increased by 50,000 the number of common shares
2/28/2008Announce the nomination of Mr. Denis Simoneau as Chairman
2/8/2008Increased by 479,550 the number of common shares
1/31/2008Announce that Mr. Eric Leboeuf has been appointed President ...
12/20/2007Breaking news
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