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Lithium One Reports ADDITIONAL DRILL RESULTS including 33.5 METRES OF 1.68% Li2O at the James Bay Lithium Project
Lithium One Reports ADDITIONAL DRILL RESULTS including 33.5 METRES OF 1.68% Li2O at the James Bay...
About this update from American Lithium Corp.
[{"type":"text","content":"\nLithium One Reports ADDITIONAL DRILL RESULTS including 33.5 METRES OF 1.68% Li2O at the James Bay Lithium Project\n\n\n Sep. 17, 2009 (TheNewswire.ca) -- Lithium One Inc (the \"Company\")(TSX-V: LI), is pleased to announce diamond drill results from the newly discovered pegmatite dyke swarm #15, as well as the Company's first set of diamond saw channel sample results from the James Bay Lithium Project in Quebec. Pegmatite Swarm #15 is located 500 metres northwest of the nearest previously known surface pegmatite. Highlights of the results from the 10 drill holes reported include 33.5m of 1.68% Li2O, 23.0m of 1.72% Li2O and 3.4m of 3.46% Li2O (true widths). Geologist-supervised diamond saw channel samples from eight of the principal dykes yielded consistent grades, between 1.34% and 1.76% Li2O over true widths between 11 and 28.5 metres. Pegmatite drill intercepts greater than five metres are summarized in Table 1, and channel sample results are reported in Table 2.Table 1. Phase 2 Drilling Results, September 1st to September 16th 2009(Drill Intercepts > 5 metres, cut-off grade 0.8% Li2O)\nHole # From To True Width (m) Li2O (%) \nJBL09-43 5.40 44.33 33.5 1.68 \nJBL09-47 84.90 134.40 23.0 1.72 \nJBL09-45 41.48 77.00 30.3 1.21 \nJBL09-44 49.83 73.12 21.2 1.27 \nJBL09-42 89.26 113.22 17.2 1.42 \nJBL09-48 19.42 36.47 14.2 1.56 \nJBL09-50 36.55 52.57 14.1 1.48 \nJBL09-49 28.77 40.77 8.5 1.80 \nJBL09-46 80.08 92.08 7.2 1.99 \nJBL09-46 131.97 146.47 8.7 1.53 \nJBL09-46 50.82 56.48 3.4 3.46 \nJBL09-47 47.95 59.85 5.5 1.59 \nJBL09-42 119.10 126.70 5.5 1.26 \nJBL09-51 88.94 94.36 3.7 1.35 \nThe results reported are from Pegmatite Swarm #15, a new spodumene occurrence not previously mapped or investigated. Swarm #15 is comprised of two dykes, with the larger dyke reaching more than 30 metres in thickness at the centre. It is ovoid in shape, 100 metres by 30 metres at the surface, extending to 200 metres of strike length in the subsurface as it rakes to the southwest at 55 to 60 degrees. The smaller dyke reaches a true thickness of five to six metres. This phase of drilling has tested approximately 70 to 80 metres of strike length. In addition, the Company's field team has identified geophysical anomalies that may be related to additional pegmatites beneath overburden.Lithium One President and CEO, Patrick Highsmith, commented, \"Our James...