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Lithium One Reports ADDITIONAL DRILL RESULTS for its James Bay Lithium Project
Lithium One Reports ADDITIONAL DRILL RESULTS for its James Bay Lithium Project
About this update from American Lithium Corp.
[{"type":"text","content":"\nLithium One Reports ADDITIONAL DRILL RESULTS for its James Bay Lithium Project\n\n\n Sep. 2, 2009 (TheNewswire.ca) -- Lithium One Inc (the \"Company\")(TSX-V: LI), is pleased to announce the second set of results from its Phase 2 diamond drill program at the James Bay Lithium Project in Quebec. Highlights of the results from these 20 holes include: 26.97m of 1.76% Li2O, 21.0m of 1.98% Li2O, and 23.46m of 1.65% Li2O. Compared with intercepts reported in the previous news release of August 10th 2009, the intercepts from these holes are wider, with a similar average grade of 1.60% Li2O. Pegmatite intercepts greater than ten metres are summarized in Table 1 below.Table 1. Phase 2 Drilling Results, August 11th to September 1st, 2009(Intercepts > 10 metres, cut-off grade 0.8% Li2O)\nHole # From to Width (m) Li2O% \n \nJBL09-23 26.60 53.57 26.97 1.76% \nJBL09-28 48.53 69.53 21.00 1.98% \nJBL09-34 136.24 159.70 23.46 1.65% \nJBL09-24 22.83 46.00 23.17 1.55% \nJBL09-21B 16.50 37.70 21.20 1.41% \nJBL09-23 59.55 78.50 18.95 1.40% \nJBL09-25 36.30 53.14 16.84 1.52% \nJBL09-41 29.65 44.30 14.65 1.74% \nJBL09-34 42.95 59.52 16.57 1.51% \nJBL09-35 110.29 124.35 14.06 1.73% \nJBL09-20 14.00 31.38 17.38 1.33% \nJBL09-20 57.10 71.82 14.72 1.51% \nJBL09-26 40.02 52.97 12.95 1.63% \nJBL09-25 53.50 67.04 13.54 1.54% \nJBL09-41 62.92 74.94 12.02 1.45% \nJBL09-41 135.27 145.62 10.35 1.64% \nJBL09-27 106.18 116.46 10.28 1.47% \nJBL09-36 142.20 152.70 10.50 1.05% \nThe results reported are from Pegmatite Swarms #8 and 9, which returned 88 intercepts of spodumene-bearing pegmatites greater than two metres in width. This phase of the program continues to test the core area of the pegmatite dyke swarm corridor. The outcropping corridor is nearly east-west trending, five kilometres long with at least 15 roughly parallel, north-northeast trending dyke swarms.. Drilling reported to date has tested just over 500 metres of the pegmatite corridor. The individual lithium rich dykes strike north-northeast and have variable strike length demonstrated to date, from more than 250 metres at swarm #7 to around 200 metres further west in the vicinity of dyke swarms #8 and 9. Dyke swarm #7 is comprised of six dykes with a total true width of 125 metres, inclusive of unmineralized wallrock between dykes. Dyke swarm #8 consists of eight parallel dykes with a true total w...