Rock Tech Lithium Inc.

Published : October 19th, 2017

Rock Tech Confirms Discovery of New Lithium-bearing Pegmatites at Georgia Lake

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Keywords :   Canada | Exploration | Lithium | Mining | Press | Show | Work |

Rock Tech Confirms Discovery of New Lithium-bearing Pegmatites at Georgia Lake

VANCOUVER , Oct. 19, 2017 /CNW/ - Rock Tech Lithium Inc. (the "Company" or "Rock Tech") (TSX-V: RCK; Frankfurt: RJIB) is pleased to announce additional assay results from the field sampling program recently completed at its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario , Canada. 

These assay results confirm that the outcrops discovered during the program are lithium-bearing (see press release dated August 31, 2017 ) and are related to one or more pegmatites. One of these outcrops exhibited some evidence of past work but had not been mapped. These discoveries are in addition to the untested, mapped pegmatites in the immediate vicinity of the main resource area; the results of which were announced on October 10, 2017 . A total of eight (8) grab samples were collected from new discoveries; the assay results from these grab samples are presented in the following table:

Area

Sample Number

Lithium Oxide (Li2O) %

Nama Creek – New Discovery

881763

0.59

Nama Creek – New Discovery

881708

1.02

Nama Creek – New Discovery

881709

1.49

Nama Creek – New Discovery

881710

1.55

Nama Creek – New Discovery

881711

1.68

Nama Creek – New Discovery

881764

1.89

Nama Creek – New Discovery

881712

1.99

Nama Creek – New Discovery

881713

2.12


Martin Stephan , Chief Executive Officer of Rock Tech, commented, "The field program has successfully led to the development of several new targets for further exploration. We have discovered three new lithium-bearing outcrops adjacent to the main resource zone in the past year and have confirmed that other known pegmatites in the immediate vicinity are, in fact, lithium-bearing. These new discoveries and targets clearly show the potential for growth at the Georgia Lake lithium property and we are now planning follow up trenching and channeling to gain a greater understanding of the dimensions of these lithium-bearing pegmatites."

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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$ 32.5 millions as of today (US$ 23.8 millions, € 21.4 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.

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