Stria Lithium reports 11.27 m grading 0.91% Li2O in Hole 975-19-018 from Q1 2020 Drilling at Pontax Lithium, Québec – includes 2.84 m sub-intercept grading 1.72% Li 2O
December 2, 2021
For Immediate Release
SRA: TSX-VENTURE
Stria Lithium reports 11.27 m grading 0.91% Li2O in Hole 975-19-018 from Q1 2020 Drilling
at Pontax Lithium, Québec – includes 2.84 m sub-intercept grading 1.72% Li 2O
KINGSTON, ONTARIO – December 2, 2021 – Stria Lithium Inc. (TSX-V: SRA) (OTCQX: SRCAF)
("Stria" or the "Company") is pleased to report the results from the first six drill holes 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 north-eastern and south-western extensions of the spodumene pegmatite zone at a 50
m spacing, as well as to test for dykes inside the footwall of the zone towards the northwest.
Analytical results for the five remaining drill holes are expected in the coming weeks.
Highlights:
Eleven BTW-diameter drill holes were completed for a total of 1,510.5 m drilled (Table
1), with the results of the first six 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.
Results are for two of the five drill holes positioned to test the extension of the
spodumene pegmatite dyke swarm to the Northeast and for four of the five holes
targeting a second series of pegmatite dykes to the Northwest of the Pontax
spodumene pegmatite prospect. Results from the only step out hole to the Southwest
are pending. All six holes reported today intersected spodumene bearing pegmatite
dykes grading up to 3.77% Li2O over a minimum true thickness1 of 0.7 m (Table 1).
Best intersection1: Hole 975-19-018, drilled at -50 o to a vertical depth of 101.0 m on Line
5+50N near the northeastern end of the spodumene pegmatite bearing zone,
intersected numerous closely spaced dykes, wth the best intercept being 11.27 m
grading 0.91% Li 2O at a vertical depth of 56.28 m (from 80.4 m to 96.5 m; core length:
16.1 m; Table 1), including:
o 2.84 m1 grading 1.72% Li2O (from 84.8 m to 88.85 m; core length: 4.05 m)
High-grade intercept in Hole 975-19-020, drilled on Line 5+00N at -50 o degrees to a
vertical depth 13.58 m, with 3.36 m 1 grading 2.55% Li 2O (from 19.4 m to 24.2 m; core
length: 4.8 m).
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The spodumene bearing pegmatite dyke swarm remains open along strike to the
northeast and at depth, while thinning out toward the southwest, with a decrease in
lithium grades in the footwall towards the Northwest.
Metabasalt wall rocks were excluded from intersection calculations despite being locally
lithium bearing due to the presence of iron bearing holmquisite which is not amenable
to lithium hydroxide production.
1True thicknesses are reported in this news release. The drill holes have been loaded into a 3-D visualization
software and the three-dimensional envelope of the mineralized zone has an azimuth of N325 o and dips vertically.
Drill holes crosscut the envelope of the mineralized zone at an angle of approximately 45 o degrees. The conversion
factor for true thickness is 0.7 of the core intersection length.
“We are encouraged by the initial results from our first round of step-out drilling at the Pontax
spodumene pegmatite prospect, which confirms the pegmatite swarm extends over a minimum
strike length of 600 m and to a minimum depth of 100 m and is still open to the northeast,” said
Jeffrey York, acting President and CEO of Stria. “These latest drilling results will be integrated
with the results of our 2017 drilling program to design the next phase infill and extension
drilling targeting the Pontax spodumene pegmatite dyke swarm.”
A map showing the location of the drill holes and main mineralized intercepts along with dril l
sections are available on the Company’s Website at: http://strialithium.com.
The Q1 2020 drilling program was designed based on the results of the Company’s December
2017 drilling program at the Pontax spodumene pegmatite prospect with seven drill holes
completed for a total of 911.4 m drilled. Hole 975-17-014, drilled at -47 o to a vertical depth of
107 m, yielded the best intercept of the 2017 drilling with 21.39 m 1 grading 1.16% Li 2O at a
vertical depth of 48.2 m (from 68.90 m to 99.45 m; core length), including 5.22 m 1 grading
2.18% Li 2O (from 92.00 m to 99.45 m; core length), and 1.15 m 1 grading 3.18% Li 20 (from 68.9
m to 70.55 m; core length) (for additional details please refer to Stria new release dated
November 30, 2018, available on the Company’s Website at https://strialithium.com or at
www.sedar.com under Stria Lithium Inc.). The most recent drilling also builds on the results of
historic drilling and channel sampling programs carried out by previous owners of the Pontax
Lithium Property in 2009 and 2012. Historic holes (total: 864 m) intersected a swarm of lithium
bearing pegmatite dykes of an aggregated thickness of approximately 20 m, with the best
intercept found in hole 09-555-05 (0.97% Li 2O over 14.7 m reported as true thickness intervals
(from 36.0 m to 57.0 m; core length), including 1.43% Li 2O over 9.1 m (from 36.0 m to 49.0 m;
core length)2.
The average thickness of the Pontax spodumene bearing pegmatite swarm is estimated at 60 m
with the thickest zone lying along the northeast edge.
2Source: Girard, R., 2011: Technical report on the Pontax Lithium property: A lithium exploration project near the
lower Eastmain River area, Northern Québec; available at www.sedar.com under Khalkos Exploration Inc.).
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Table 1: Highlights from the Q1 2020 drilling program at the Pontax spodumene pegmatite prospect.
TABLE 1: PONTAX LITHIUM Q1 2020 DRILLING RESULTS
Drill hole Section Azimuth Plunge
Total
length
(m)
Intercepts From
(m) To (m)
Core
Intersection
length (m)
True
thickness
(m)
Li2O
(%)
975-19-015 6+00E N325 o -50 o 174.0 Intercept 75.60 77.85 2.05 1.44 1.53 %
- - - - - Intercept 107.40 117.00 9.60 6.72 0.68 %
- - - - - Intercept 155.70 158.30 2.60 1.82 0.96 %
975-19-016 6+00E N325 o -50 o 120.0 Pending - - - - -
975-19-017 4+50E N325 o -50 o 153.9 Pending - - - - -
975-19-018 4+50E N325 o -50 o 144.0 Intercept 31.35 35.90 4.55 3.19 0.94 %
- - - - - Intercept 59.80 64.20 4.40 3.08 2.1 %
- - - - - Intercept 71.30 73.90 2.60 1.82 1.27 %
- - - - - Intercept 80.40 96.50 16.10 11.27 0.91 %
- - - - - Including 84.80 88.85 4.05 2.84 1.72 %
- - - - - Intercept 107.80 110.50 2.70 1.89 0.98 %
- - - - - Intercept 121.30 122.85 1.55 1.09 1.62 %
975-19-019 5+50E N325 o -50 o 125.6 Pending - - - - -
975-19-020 3+50E N325 o -50 o 132.0 Intercept 10.90 12.75 1.85 1.30 1.44 %
- - - - - Intercept 19.40 24.20 4.80 3.36 2.55 %
975-19-021 2+50E N325 o -50 o 162 .0 Intercept 1.50 4.50 3.00 2.10 1.37 %
- - - - - Intercept 17.50 21.25 3.75 2.63 1.99 %
- - - - - Intercept 27.70 30.40 2.70 1.89 0.78%
- - - - - Intercept 42.30 43.90 1.60 1.12 1.14 %
- - - - - Intercept 55.10 62.30 7.20 5.04 1.10 %
- - - - - Intercept 80.25 82.65 2.40 1.68 1.09 %
975-19-022 1+50E N325 o -50 o 123.0 Pending - - - - -
975-19-023 1+00E N325 o -50 o 114.0 Intercept 37.40 39.50 2.30 1.61 0.57 %
975-19-024 0+50E N325 o -50 o 111.0 Intercept 5.85 8.10 2.25 1.58 0.95 %
- - - - - Intercept 32.50 43.25 10.75 7.53 1.05 %
975-19-025 0+50W N325o -50 o 151.0 Pending - - - - -
Mineralized intersections are calculated with Li2O > 0.5% over a minimum of 1.5 m, no external dilution, internal
dilution set at 0% Li2O
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The Q1 2020 core drilling program at the Pontax Lithium Property was designed and operated by IOS
Services Géoscientifiques Inc. (IOS) of Saguenay, Québec, under the supervision of Table Jamésienne de
Concertation Minière (TJCM) of Chibougamau, Québec. The drilling was performed using a single
heliportable drill rig operated by Forages G4 Inc. of Rouyn-Noranda, Québec. All eleven core holes from
the drilling program were shipped from the field to IOS’s laboratory facilities in Saguenay, Québec in
preparation for detailed logging and sampling, as well as for core sample preparation (crushing and
grinding). The drill core was kept in a secured storage facility at IOS until mid-July 2021 at which time
core sampling worked commenced. In September 2021, IOS prepared 625 split core samples which were
then submitted to Activation Laboratories Ltd. (Actlabs) of Ancaster, Ontario, an ISO/IEC 17025:2005
certified facility, for multi-element analysis using ICP-OES spectral analysis after a sodium peroxide
fusion (code 8-Peroxide). Quality control, monitored by an IOS chemist, consists of 17% reference
materials including blank, duplicates and certified reference material (Oreas 148 and Oreas 149) for a
total of 103 QA\QC analysis.
On May 24, 2016, the Company reported that metallurgical testing of a 16.5 t bulk sample extracted
from the Pontax Spodumene Pegmatite occurrence achieved an initial assay result of 6.3% Li 2O from
spodumene concentrate with an 85% overall lithium recovery (refer to Stria news release dated May 24,
2016, available at http://strialithium.com or at www.sedar.com under Stria Lithium Inc.).
About the Pontax Lithium Property
Stria Lithium’s 100%-owned Pontax Lithium Property consists of 68 contiguous map-designated claims
(“CDC”) covering 3,612.65 hectares extending across 1:50,000 scale NTS sheet 32N-14 onto NTS sheet
32N-15. The Property is located in west-central Eeyou Istchee James Bay Territory, Northern Québec,
approximately 30 km to the south of KM 381 Truck Stop on the Billy Diamond Highway (formerly “Route
de la Baie-James”). Stria acquired 100% mineral rights to the Property in December 2013.
About Stria Lithium Inc.
Stria Lithium is a Canadian junior mineral exploration company with an expanding technology focus and
has a 100% interest in the Pontax spodumene lithium project in Northern Québec.
Lithium is a critical metal in the universal fight against global warming. It is a core component of Lithium-
Ion batteries used for powering electric vehicles and for industrial scale energy storage.
For more information about Stria Lithium and the Pontax Lithium project, please visit
http://strialithium.com.
Qualified Persons
Mr. Réjean Girard, géo. (QC), President of IOS Services Géoscientifiques Inc. and a Qualified Person
under National Instrument 43-101 - Standards of Disclosure for Mineral Projects - has reviewed and
approved the technical content of this news release.
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Mr. Marc-André Bernier, géo. (QC), P.Geo. (ON), M.Sc., TJCM Senior Geoscientist and a Qualified Person
under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and
approved the non-technical content of this news release.
Forward-Looking Statement
This News Release contains "forward-looking information" within the meaning of Canadian securities
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the general global markets and economic conditions; (iii) the possibility of write-downs and
impairments; (iv) the risk associated with exploration, development and operations of mineral deposits;
(v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated
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uninsurable risks arising during the course of exploration, development and production; (ix) competition
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the time such statements are made, including but not limited to, continued exploration activities, no
material adverse change in metal prices, exploration and development plans proceeding in accordance
with plans and such plans achieving their stated expected outcomes, receipt of required regulatory
approvals, and such other assumptions and factors as set out herein. Although the Company has
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contained in the forward-looking information, there may be other factors that cause results not to be as
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For more information on Stria Lithium Inc., please contact:
Kimberly Darlington
Communications, Stria Lithium Inc.
Judith T. Mazvihwa-MacLean
CFO, Stria Lithium Inc.