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Stria Lithium Reports 3.89 m Grading 1.28 % Li2O in Hole 975-19-022 from Final Five Holes of Q1-2020 Drilling at Pontax Lithium, Québec - Best Intercept Remains Hole 975-19-18 with 11.27 m Grading 0.91% Li2O, Including 2.84 m Grading 1.72% Li2O and Announces Proposed Debt Settlement
KINGSTON, ON / ACCESSWIRE / January 10, 2022 / Stria Lithium Inc. (TSXV:SRA)(OTCQX:SRCAF) ("...
About this update from Stria Lithium Inc.
[{"type":"text","content":"Stria Lithium Reports 3.89 m Grading 1.28 % Li2O in Hole 975-19-022 from Final Five Holes of Q1-2020 Drilling at Pontax Lithium, Québec – Best Intercept Remains Hole 975-19-18 with 11.27 m Grading 0.91% Li2O, Including 2.84 m Grading 1.72% Li2O and Announces Proposed Debt SettlementKINGSTON, ON / ACCESSWIRE / January 10, 2022 / Stria Lithium Inc. (TSXV:SRA)(OTCQX:SRCAF) (\"Stria\" or the \"Company\") is pleased to report the results from the final five (5) drill holes (975-19-016, 017, 019, 022, and 025) from the Company's Q1-2020 step-out drilling program at its Pontax Lithium Property (the \"Property\") located in west-central Eeyou Istchee James Bay Territory, Northern Québec. This most recent drilling program targeted the Pontax spodumene pegmatite prospect, the main occurrence of lithium spodumene pegmatites discovered on the Property to date. The drilling was designed to test the northeastern and southwestern extensions of the spodumene pegmatite zone at a 50-metre spacing, as well as to test for dykes inside the footwall of the zone towards the Northwest.The results released today are for the last five drill holes whose analyitical results were pending at the time of the Company's news release on December 2, 2021 (available on the Company's Website at: http://strialithium.com; highlights provided further below). These include two (2) drill holes positioned to test the extension of the spodumene pegmatite dyke swarm to the Northeast (975-19-016 and 975-16-019) and one (1) drill hole positioned to test the extension of the dyke swarm to the Southwest (975-19-025). The fourth drill hole (975-019-017) tested the extension of the dyke swarm at depth below hole 975-19-18, while the fifth and last hole (975-19-022) tested the pegmatite dykes in the footwall spodumene pegmatite zone to the Northwest.Highlights from holes 975-19-016, 017, 019, 022, and 025 1,2,3:Eleven (11) BTW-diameter drill holes were completed for a total of 1,510.5 m drilled (Table 1), with the results of the five (5) last holes being released today.A total of 654.3 m of core were sampled and submitted for multi-element geochemical analysis for the current program, of which 189.3 m (29%) represent spodumene bearing pegmatite.Four (4) of the five (5) holes reported today intersected spodumene bearing pegmatite dykes with individual intercepts g...