Saturday, October 31, 2026
MiningNewsTerminal
Saturday, October 31, 2026 Admin

RCK.V ·

Rock Tech Clarifies and Amends Technical Disclosure

Regulatory & Compliance

June  18,  2012

NEWS  RELEASE  –  FINAL  FOR  DISTRIBUTION

Rock  Tech  Clarifies  and  Amends  Technical  Disclosure  

Vancouver,   British   Columbia,   Canada,   June   18,   2012   –   Rock   Tech   Lithium   Inc.   (TSX-­‐Venture:   RCK; Frankfurt:  RJIA;  Pink  Sheets:  RCKTF)  (the  “Company”  or  “Rock  Tech”)  announces  that  as  a  result  of  a review  by  the  British  Columbia  Securities  Commission  (“BCSC”),  the  Company  is  issuing  the  following news  release  to  clarify  its  disclosure.

1. Clarification  of  Mineral  Resources  at  the  Georgia  Lake  Lithium  Property    

a) The   Company’s   corporate   presentation   dated   February   2012   (the   “Corporate   Presentation”) disclosed  combined  inferred  and  indicated  resource  categories,  without  disclosing  each  category separately,  and  omitted  the  associated  lithium  oxide  grade  information.    By  combining  inferred resources  with  other  classes  and  omitting  grade  information,  the  Corporate  Presentation  was not  in  compliance  with  NI  43-­‐101.

To  clarify  the  disclosure,  the  Georgia  Lake  project  has  current  NI  43-­‐101  resource  estimates  as follows:

Indicated  mineral  resource  estimate  of  2.36  million  tonnes  (metric)  at  1.17%  lithium   •

oxide  (Li2O),  and    

  • Inferred  mineral  resource  estimate  of  4.36  million  tonnes  at  1.07%  Li2O.    

b) The   Corporate   Presentation   also   disclosed   historical   mineral   resource   estimates   that   omitted information   and   cautionary   language   required   by   NI   43-­‐101   for   disclosure   of   historical estimates.

To   clarify   the   disclosure,   the   source   of   all   historical   resource   estimates   included   in   the Company’s  disclosures  are  taken  from  the  Ontario  Department  of  Mines  Geological  Report  No. 31  titled,  “Geology  and  Lithium  Deposits  of  Georgia  Lake  Area”,  by  E.G.  Pye,  (1965),  and  from  a report  titled,  “Report  on  the  Geology  of  the  MNW  Property”,  by  B.  Zayachkivsky  (1986).    The historical  resource  estimates  included  in  the  report  are  based  on  assessment  reports  filed  by previous  operators  and  other  available  sources.    Over  200  drill  holes  with  approximately  33,000 meters  of  diamond  drilling  were  completed  on  the  property  by  previous  operators  in  the  late 1950s.     Based   on   the   results   of   recent   confirmatory   exploration   work   on   the   property,   the Company   believes   that   the   historic   estimate   is   relevant   to   an   appraisal   of   the   merits   of   the property  and  forms  a  reliable  basis  upon  which  to  develop  future  exploration  programs.    The original  historical  estimate  for  the  property  was  9.8  million  tons  at  1.18%  Li2O.    To  date,  the Company  has  confirmed  5.4  million  tons,  with  a  weighted  average  grade  of  1.04%  Li2O,  of  the original   historical   resource   estimate   by   estimating   the   above   current   indicated   and   inferred resource.

The  remainder  of  the  historical  estimate  is  approximately  3.66  million  tons  (imperial)  with  a   weighted   average   grade   of   1.45%   Li2O   on   the   southern   claim   blocks   and   0.68   million   tons   grading  0.96%  Li2O  on  the  Conway  claim  block.    A  qualified  person  has  not  done  sufficient  work to  classify  the  remaining  historical  estimate  as  current  mineral  resources.    The  Company  is  not treating   the   remaining   historical   estimate   as   a   current   mineral   resource   or   reserve.     The remaining  historical  estimate  should  not  be  relied  on.

The  Company  intends  to  verify  the  remainder  of  the  historical  estimate  by  conducting  further exploration,  and  using  the  historical  drilling  and  trenching  data,  though  it  is  uncertain  if  further exploration  will  result  in  the  remaining  historical  estimate  being  upgraded  to  a  current  mineral resource.

2. Non-­‐compliant  disclosure  of  potential  exploration  targets  at  the  Georgia  Lake  Lithium  Property   The   Corporate   Presentation   disclosed   various   quantity   ranges   exceeding   those   of   the   available current  resource  estimates,  referred  to  these  estimates  as  operational  milestones,  and  incorrectly applied   the   term   “resources”.   It   did   not   state   the   quantities   using   ranges,   did   not   attach   grade ranges,  and  did  not  explain  the  basis  of  the  estimates  or  attach  cautionary  language  required  by  NI 43-­‐101  for  potential  exploration  targets.    The  company  retracts  any  additional  quantities  of  future operational  milestones  or  potential  exploration  targets.

3. Non-­‐compliant  disclosure  of  historical  mineral  resource  on  the  Saint  Urbain  Property   The  project  pages  of  the  Company’s  website  disclosed  an  historical  resource  estimate  that  has  been published  by  the  Quebec  Ministry  of  Mines.

The  source  of  the  historic  estimate  was  a  report  by  Paul  E.  Dumont,  P.Eng.,  (1972),  available  on  the Quebec  Ministry  of  Natural  Resource  website  (GM27753).    Subsequent  to  the  disclosure  made  by the  Company,  it  was  determined  that  the  report,  including  the  historic  estimate  contained  therein, was  unreliable.    The  Company  concurs  with  this  finding  and  retracts  disclosure  of  historical  resource estimates  at  Saint  Urbain.

The   Company   has   amended   its   website   to   reflect   the   above   clarifications,   re-­‐statements,   and retractions.

The  technical  information  contained  in  this  news  release  has  been  reviewed  by  Afzaal  Pirzada,  P.Geo., Vice  President,  Exploration  of  the  Company  and  a  Qualified  Person  as  defined  in  NI  43-­‐101.

On  behalf  of  the  Board  of  Directors,

“Eunho  Lee”  

Eunho  Lee Director,  President  and  CEO

For  more  information,  please  contact:

Eunho  Lee President  and  CEO Rock  Tech  Lithium  Inc.

789  West  Pender  Street,  Suite  1205 Vancouver,  B.C.,  V6C  1H2 Telephone:    (604)  688-­‐1140,  ext.  222 Facsimile:    (604)  688-­‐1173 Email:  [email protected]

Disclaimer  and  Cautionary  Statement  Regarding  Forward-­‐Looking  Information  

Neither  the  TSX  Venture  Exchange  nor  its  Regulation  Services  Provider  (as  that  term  is  defined  in  the  policies  of  the  TSX  Venture   Exchange)  accepts  responsibility  for  the  adequacy  or  accuracy  of  this  press  release.    This  news  release  shall  not  constitute  an   offer  to  sell  or  the  solicitation  of  an  offer  to  buy  securities  in  any  jurisdiction.      

All  statements,  trend  analysis  and  other  information  contained  in  this  press  release  relative  to  markets  about  anticipated  future   events  or  results  constitute  forward-­‐looking  statements.    Forward-­‐looking  statements  are  often,  but  not  always,  identified  by   the  use  of  words  such  as  “seek”,  “anticipate”,  “believe”,  “plan”,  “estimate”,  “expect”  and  “intend”  and  statements  that  an  event   or   result   “may”,   “will”,   “should”,   “could”   or   “might”   occur   or   be   achieved   and   other   similar   expressions.     Forward-­‐looking   statements  are  subject  to  business  and  economic  risks  and  uncertainties  and  other  factors  that  could  cause  actual  results  of   operations  to  differ  materially  from  those  contained  in  the  forward-­‐looking  statements.    Forward-­‐looking  statements  are  based   on   estimates   and   opinions   of   management   at   the   date   the   statements   are   made.     The   Company   does   not   undertake   any   obligation  to  update  forward-­‐looking  statements  even  if  circumstances  or  management’s  estimates  or  opinions  should  change.     Investors  should  not  place  undue  reliance  on  forward-­‐looking  statements.