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Rock Tech Announces Completion of Second Phase of Drill Program, Assay Results Pending
Rock Tech Announces Completion of Second Phase of Drill Program, Assay Results Pending ...
About this update from Rock Tech Lithium Inc.
[{"type":"text","content":"\n\n\n\nRock Tech Announces Completion of Second Phase of Drill Program, Assay Results Pending\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 7, 2017\n\n\n\nVANCOUVER, June 7, 2017 /CNW/ - Rock Tech Lithium Inc. (the \"Company\" or \"Rock Tech\") (TSX-V: RCK; Frankfurt: RJIB) is pleased to announce that drilling has been completed in the Aumacho area of its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada.  \n\n\n \n \n\n \nMartin Stephan, Rock Tech's Chief Executive Officer, commented, \"We are very pleased to announce the completion of this drill program which tested two key growth areas of the Georgia Lake lithium property, the Parole Lake and Aumacho pegmatites. Assay results from the channel sampling program returned lithium oxide values up to 4.42% and 2.69% at Aumacho and Parole Lake, respectively. All of the core samples have now been logged and submitted to the lab for analysis and results will be announced once received.\"\n\nThe drill program consisted of two phases. In the first phase, a total of seven (7) drill holes totalling 1,382 metres were completed on the Parole Lake pegmatite. These drill holes were designed to confirm historic results, assist in modelling the orientation of the pegmatite and provide a more robust understanding of its potential.\n\nIn the second phase, a total of seven (7) drill holes totalling 584 metres were completed in the Aumacho area. These drill holes were designed to determine the orientation of the lithium-bearing pegmatites and test whether the favourable grades and widths continue to the west.\n\nThe Parole Lake pegmatite has an historic resource estimate of 1.5 million tonnes grading 1.30% Li2O (Pye, 1965); however, the historical estimate does not use the categories set out in sections 1.2 and 1.3 of NI 43-101 and a Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. As a result, the Parole Lake pegmatite is not included in Rock Tech's NI 43-101 re...