Nemaska Intersects 97.9 m of Spodumene Bearing Pegmatite on its Lithium (Whabouchi) Property and Confirms the Continuity of the Main Zone
QUEBEC CITY, QUEBEC--(Marketwire - Feb. 10, 2010) - Nemaska Exploration Inc. (�Nemaska� or the �Company�) (TSX VENTURE:NMX) announces a 97.9 m (75 m estimated true width) intersection of spodumene bearing pegmatite on its lithium (Whabouchi) property. This intersection confirms 200 m lateral extension to the West, of the main zone, which was identified last October. The main zone has already produced an intersection of 100.9 m (80.6 m estimated true width) of spodumene bearing pegmatite in October 2009. This intersection is part of the current 8,000 m diamond drilling campaign that commenced on January 15, 2010 on the Whabouchi property.
"All the holes completed to date show mineralization over widths of 10 m or more," commented Mr. Guy Bourassa, President and CEO of Nemaska. "Given the width and consistency of our initial results we have decided to accelerate the drilling campaign by adding a second drill. We are presently drilling the pegmatite zone on a 100 m grid over a distance of 1400 m."
A ground magnetic survey was done in January over a 14 km grid. The results of this survey confirms the presence of the pegmatite zone already identified by drilling and will help better target the future drill hole locations.
The technical sections of this press release have been prepared and reviewed by Claude Britt, P. Geo. and qualified person as defined in National Instrument 43-101.
About Nemaska Exploration
Nemaska Exploration Inc., a reporting issuer in Quebec since November 2008, is a mineral exploration company involved in the James Bay region in Quebec. Its main assets are the Lac Arques (about 32,000 hectares), Whabouchi (about 1,600 hectares) Lac Levac and Lac des Montagnes properties (about 32,000 hectares) all 100 % owned. These properties are contiguous and cover about 70 km of the Lac des Montagnes green belt polymetallic formation and are easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km). They are located near the Cree community of Nemaska and the N�miscau airport.
Neither 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.
The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.
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Nemaska Exploration Inc.
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