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Critical Elements Corporation

Publié le 28 avril 2011

INTERSECTS UP TO 1.60% LI2O, 427 PPM TA2O5, 749 PPM BEO, 5,175 PPM RB AND 85 G/T GA

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Mots clés associés :   Lithium |




CRITICAL ELEMENTS CORPORATION INTERSECTS UP TO 1.60% LI2O, 427 PPM TA2O5, 749 PPM BEO, 5,175 PPM RB AND 85 G/T GA

 


APRIL 28, 2011 - LAVAL, QUEBEC - Critical Elements Corporation (TSX.V: CRE) (US OTCQX: FGEXF) (FSE: F12) is pleased to announce the recent drill results for the Rose Tantalum-Lithium project. The table below shows the results for holes LR-10-147 to LR-10-155, which were drilled to test zone extensions to the north and east. The holes all intersected the mineralized zones. However, for Hole LR-10-149 intersected the mineralized zone within a fault, and core recovery within the zone was therefore only about 30%, which does not allow for representative grade estimation for this hole. Zones enriched in tantalum were also intersected in the immediate vicinity of the main Rose zone. These various zones returned up to one pound per tonne in some areas. All these results will be included in the new resource estimate.

Critical has drilled 26 new holes on the Rose showing, including three exploration holes, as well as six other holes on the JR showing. The results for these holes are expected in the coming weeks. Holes LR-10-156 to LR-10-178 will also be included in the new resource estimate.

A map showing the location of the holes drilled on the Rose Tantalum-Lithium project can be found in the Projects section of Critical�s website.

The best results obtained to date are as follows:

HOLE

FROM

TO

CORE LENGHT

Li20

Ta2O5

BeO

Rb

Ga

No.

(m)

(m)

(m)

(%)

ppm (g/t)

ppm (g/t)

ppm (g/t)

ppm (g/t)

LR-11-147

159.70

167.95

8.25

0.33

184

386

2251

63

192.30

200.85

8.55

0.56

94

330

1951

65

205.05

207.50

2.45

NSV

282

389

1467

85

LR-11-148

174.00

184.90

10.90

NSV

184

103

2800

62

217.65

230.65

13.00

0.84

71

348

1805

59

LR-11-149

170.70

173.10

2.40

NSV

173

345

5175

67

228.40

242.40

14.00

NSV

108

131

943

48

LR-11-150

214.10

225.60

11.50

1.42

71

411

2275

71

247.20

249.75

2.55

0.42

191

180

1012

68

LR-11-151

179.60

187.05

7.45

1.42

134

226

1635

63

188.50

189.60

1.10

1.60

147

162

690

81

191.85

194.45

2.60

0.82

111

272

2266

65

218.85

219.85

1.00

NSV

427

35

183

63

225.40

227.60

2.20

NSV

291

64

347

69

LR-11-152

167.05

168.85

1.80

1.01

138

295

1178

73

172.55

174.10

1.55

0.26

167

395

1936

70

204.80

209.30

4.50

1.59

128

376

1504

76

LR-11-153

183.45

186.65

3.20

0.81

58

449

1173

69

231.05

235.65

4.60

0.86

77

479

2291

75

263.00

263.90

0.90

NSV

195

316

1570

84

LR-11-154

81.90

85.10

3.20

1.23

249

323

1487

73

141.00

142.15

1.15

NSV

232

207

910

60

LR-11-155

93.85

106.55

12.70

0.92

110

749

2155

60



* 1 ppm = 1 g/t



All the samples were sent for analysis in sealed containers to the Chemex laboratory in Val-d�Or by Critical employees. Chemex is the laboratory used for analysis of all samples from exploration program on the Rose Tantalum-Lithium property. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75�m. All samples are analyzed using ICP-MS, with full analysis for 47 elements.

The Corporation regrets to announce the departure of Daniel Kivari. The Board of Directors thanks Mr. Kivari for his contribution.

Critical Elements Corporation is working toward a future transition from tantalum and lithium exploration company to a development company with project in Quebec and British Columbia, Canada. Critical is engaged in executing its strategic plan, which involves fast-tracking its Rose deposit to the commercial production stage. The wholly-owned Rose deposit is located near Nemiscau, Quebec.

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


Form more information, contact:

Jean-S�bastien Lavall�e, P.Geo
President and CEO
819 824-2425
president@cecorp.ca
www.cecorp.ca


Relations publiques Paradox
514 341-0408



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.

 





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Critical Elements Corporation
1178 Place Phillips
Suite 250
Montreal, Quebec
H3B 3C8
Phone:  819 354-5146
Fax: 514 904-1597
Contact by email .

Critical Elements Corporation

EXPLORATEUR
CODE : CRE.V
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Critical Elements est une société d’exploration minière d'or basée au Canada.

Critical Elements détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont MATCHI-MANITOU, ROSE (LAC PIVERT), CROINOR, REINE, SEIGNEURIE et J6L1 au Canada.

Critical Elements est cotée au Canada. Sa capitalisation boursière aujourd'hui est 103,6 millions CA$ (75,6 millions US$, 70,9 millions €).

La valeur de son action a atteint son plus bas niveau récent le 14 août 2009 à 0,07 CA$, et son plus haut niveau récent le 10 février 2023 à 3,03 CA$.

Critical Elements possède 148 030 000 actions en circulation.

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