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Rock Tech Announces Due Diligence Sample Assays
Rock Tech Announces Due Diligence Sample Assays Canada NewsWire VANCOUVER, Feb. ...
About this update from Rock Tech Lithium Inc.
[{"type":"text","content":"\n\n\n\nRock Tech Announces Due Diligence Sample Assays\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, Feb. 26, 2018\n\n\n\nVANCOUVER, Feb. 26, 2018 /CNW/ - Rock Tech Lithium Inc. (the \"Company\" or \"Rock Tech\") [TSX-V: RCK; Frankfurt: RJIB (WKN: A1XF0V)] is pleased to announce check-sample assay results from its due diligence program for the Nogalito lithium property in Sonora, Mexico. The Company has entered into a Letter of Intent (\"LOI\") to acquire, through its wholly-owned subsidiary, Minerales de Baterias SA de CV, a 100% interest in the Nogalito lithium property in Sonora, Mexico, subject to satisfactory due diligence and regulatory approval.\n\n\n \n \n\n \nRock Tech collected five (5) samples from unconsolidated surface sediments in the basin and analyzed their lithium content. All five samples were anomalous for lithium with assays ranging from 150 ppm to 600 ppm lithium, averaging 292 ppm lithium.\n\nMartin Stephan, Chief Executive Officer of Rock Tech, commented, \"The sediment samples are in line with our high expectations based on previous sampling completed by US Borax Inc., which collected 136 samples (with a high of 1,166 ppm) during the 1990's while exploring for borate, and by the property vendors whose own sampling showed lithium concentrations of 381 ppm and 590 ppm. We have now confirmed that the volcanic tuffs and sediments contain anomalous lithium values at the surface, supporting the hypothesis that a concentration of lithium in brine exists in the basin at depth.\"\n\nAll scientific and technical information in this news release was reviewed and prepared under the supervision of Locke B. Goldsmith, P.Eng., P.Geo., an independent Qualified Person to Rock Tech.\n\nAbout the Nogalito Lithium Project\n\nThe Nogalito property is located in a Tertiary age geologic basin with favourable felsic volcanics, sandstones and siltstones in a volcanoclastic and tuff basinal sequence comprised of lithium-bearing clay horizons, volcaniclastic sediments, clayey sandstones and sandy and calcareous sediments. These are in a faul...