| Rock Tech Announces Third Batch of Assay Results from Trenching Program - Preparation for Upcoming Drill Program | |
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VANCOUVER , Feb. 5, 2018 /CNW/ - Rock Tech Lithium Inc. (the "Company" or "Rock Tech") (TSX-V: RCK; Frankfurt: RJIB) is pleased to announce assay results from grab samples collected during the recent trenching and channel sampling program at its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario , Canada. This program targeted areas located adjacent to the main resource zone of the Georgia Lake property, an area that hosts an NI 43-101 indicated resource of 2.47 million tonnes grading 1.11% lithium oxide ("Li2O") and an inferred resource of 2.50 million tonnes grading 0.98% Li2O. In its entirety, the Georgia Lake lithium property hosts an indicated resource of 3.19 million tonnes grading 1.10% Li2O and an inferred resource of 6.31 million tonnes grading 1.00% Li2O. In January, the Company released assay results from seventeen trenches completed on and in the area around mapped pegmatites located adjacent to the Nama Creek main resource zone. Trenching uncovered at least four pegmatite dykes in the region. An additional lithium bearing pegmatite dyke, in an oblique (NW-SE trending) orientation, was observed in this area and sampled in channels. Five (5) samples were collected in areas with thick overburden in an effort to trace the pegmatite dykes along strike and identify additional target areas for follow up. The following table contains the grab sample assay results: Sample Type | Grade (% Li2O) | Grab | 0.31 | Grab | 0.76 | Grab | 1.31 | Grab | 1.42 | Grab | 2.28 |
Martin Stephan , Chief Executive Officer of Rock Tech, commented, "Current exploration work aims to increase resource tonnage significantly both by bringing unverified resources into compliance with NI 43-101 and through new discoveries. Recent trenching and channel sampling results will guide drilling efforts over the next few months." View original content with multimedia: http://www.newswire.ca/en/releases/archive/February2018/05/c5696.html |
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Rock Tech Lithium Inc.
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Rock Tech Lithium is a lithium producing company based in Canada. Rock Tech Lithium is listed in Canada. Its market capitalisation is CA$ 31.4 millions as of today (US$ 23.1 millions, € 20.8 millions). Its stock quote reached its lowest recent point on January 02, 2015 at CA$ 0.01, and its highest recent level on October 22, 2021 at CA$ 9.38. Rock Tech Lithium has 27 050 000 shares outstanding. |