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Critical Elements Corp. Drills 18.0 Metres of 2.00% Li2O at Lemare Lithium Project
MONTREAL, QUEBEC--(Marketwired - Aug. 17, 2017) - Critical Elements Corporation ("Critical Elements" or the "Company") (TSX VENTURE:CRE) (OTCQX:CRECF) (FRANKFUR
About this update from Critical Elements Lithium Corporation
[{"type":"text","content":"MONTREAL, QUEBEC--(Marketwired - Aug. 17, 2017) - Critical Elements Corporation (\"Critical Elements\" or the \"Company\") (TSX VENTURE:CRE) (OTCQX:CRECF) (FRANKFURT:F12) and Lepidico Ltd (ASX:LPD) (\"Lepidico\") are pleased to advise of results of the second stage of drilling at the Lemare spodumene project in Quebec, Canada. The Stage 2 diamond drilling program was completed along the 600 metre long SW Extension of the Lemare spodumene pegmatite, following on from the Stage 1 drilling in 2016 over the main Lemare prospect. A lake covers the intervening 300 metres between the two prospects (Figures 1 -3). A total of 15 holes, for 1,527 m of NQ core, were drilled on nominal 50 m sections along the 600 m long extension of the spodumene-bearing pegmatite corridor to the SW of the lake. A number of wide intercepts were returned, confirming Lemare as a significant spodumene prospect. Better results from the SW Extension include: 33.7 m @ 0.94% Li2O, from 9.60 m, in hole LE-17-29 18.0 m @ 2.00% Li2O, from 6.80 m, in hole LE-17-30 These results build on the spodumene mineralisation identified by last year's drilling at the main Lemare prospect, as reported on November 24, 2016, that included: 28.5 m @ 2.15% Li2O, from 5.50 m, in hole LE-16-13 24.0 m @ 1.87% Li2O, from 13.5 m, in hole LE-16-14 21.0 m @ 1.75% Li2O, from 38.8 m, in hole LE-16-03 A full list of significant intercepts (>0.5% Li2O) from the SW Extension program is presented in Table 1. Figure 1. Lemare project outline Figure 2. Location of Lemare and SW Extension Good widths of spodumene-bearing pegmatite are recorded in the eastern 250 m section of the corridor, and remain open at depth, as shown in Figures 4, 5 and 6. Geological logs show spodumene content ranging from 5% up to 25%. Results from drilling to the west of a sharp inflection in the interpreted position of the corridor, spodumene pegmatites thin or were not intersected at depth by the drilling. This is similar to the pinch-and-swell character of the pegmatites seen at the main Lemare prospect 300 m to the northeast across the lake. Figure 3. Lemare SW Extension, simplified geology showing location of drill holes and cross-sections presented in Figures 4 Figure 4. Lemare SW Extension, cross-section 600W Figure 5. Lemare Extension, cross-section 650W Figure 6. Lemare SW Extension, cross-section 725W...