Business

Rock Tech Provides Update on Field Program, Stakes Additional Claims at Georgia Lake Lithium Project

Rock Tech Provides Update on Field Program, Stakes Additional Claims at Georgia Lake Lithi...

articleRock Tech Lithium Inc.August 15, 20175/company/rock-tech-lithium-inc/news/rock-tech-provides-update-on-field-program-stakes-additional-claims-at-georgia-lake-lithium-project
Rock Tech Provides Update on Field Program, Stakes Additional Claims at Georgia Lake Lithium Project

About this update from Rock Tech Lithium Inc.

[{"type":"text","content":"\n\n\n\nRock Tech Provides Update on Field Program, Stakes Additional Claims at Georgia Lake Lithium Project\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, Aug. 15, 2017\n\n\n\nVANCOUVER, Aug. 15, 2017 /CNW/ - Rock Tech Lithium Inc. (the \"Company\" or \"Rock Tech\") (TSX-V: RCK; Frankfurt: RJIB) is pleased to provide an update on the field sampling program currently underway at its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada.  \n\n\n \n \n\n \nThis phase of the field program targeted the Aumacho and McVittie regions with the objective of sampling outcrops, locating historic drill collars and completing surveys for georeferencing. \n\nThe Aumacho region hosts at least three lithium-bearing pegmatites, two of which were targeted during the Company's recently completed drill program. While no outcrop was found related to the third lithium-bearing pegmatite during the field program, four (4) drill collars from the 1950's were located, providing modern coordinates for this pegmatite for the first time. Based on three (3) of these drill holes, a past operator in the 1950's calculated an historic resource estimate on this pegmatite of 87,090 tonnes with an average grade of 1.50% lithium oxide (\"Li2O\"). A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. As a result, the lithium-bearing pegmatites in this region are not included in Rock Tech's NI 43-101 resource estimate.\n\nThe McVittie region appears to host a stacked pegmatite system with at least three lithium-bearing pegmatites. During the channel sampling program last year, the Company uncovered what may be a fourth lithium-bearing pegmatite or a splay off one of the known pegmatites. One (1) drill collar from the 1980's was located, providing modern coordinates for the eastern-most lithium-bearing pegmatite. A total of five (5) samples were collected from four (4) outcropping areas.\n\nMartin Stephan, Chief Executive Officer of Rock Tech,...

More updates from Rock Tech Lithium Inc.