These assay results confirm that the outcrops discovered during the program are lithium-bearing and are related to one or more pegmatites. One of these outcrops exhibited some evidence of past work but had not been mapped. These discoveries are in addition to the untested, mapped pegmatites in the immediate vicinity of the main resource area; the results of which were announced on October 10, 2017.
Martin Stephan, Chief Executive Officer of Rock Tech, commented, "The field program has successfully led to the development of several new targets for further exploration. We have discovered three new lithium-bearing outcrops adjacent to the main resource zone in the past year and have confirmed that other known pegmatites in the immediate vicinity are, in fact, lithium-bearing. These new discoveries and targets clearly show the potential for growth at the Georgia Lake lithium property and we are now planning follow up trenching and channeling to gain a greater understanding of the dimensions of these lithium-bearing pegmatites."
The Nama Creek area hosts an NI 43-101 indicated resource of 2.47 million tonnes grading 1.11% lithium oxide ("Li2O") and an inferred resource of 2.50 million tonnes grading 0.98% Li2O.
All samples were analyzed by Actlabs, an ISO 9001:2008 certified analytical laboratory located in Geraldton, Ontario.
The field program was carried out by Pleson Geoscience, an exploration consulting company dedicated to providing its clients with experienced personnel and efficient services. The company's focus is on low-impact, high resolution data collection from grass-roots prospecting to preliminary economic evaluations.
