Stria Lithium Launches Infill Drilling Program at its 100%-owned Pontax Lithium Pegmatite Project, Northern Québec
December 14, 2017
For Immediate Release
TSX-Venture: SRA
Stria Lithium Launches Infill Drilling Program at its 100%-owned
Pontax Lithium Pegmatite Project, Northern Québec
OTTAWA - Stria Lithium Inc. (TSX-V:SRA)(OTCQX:SRCAF) ("Stria" or the "Company") is
pleased to report it has commenced infill drilling of its spodumene pegmatite occurrence at its
wholly owned Pontax Lithium Property (the “Project”) located in west central Eeyou Istchee
James Bay territory, Northern Québec.
The eight-hole, 1,000 m drill program, with a $315,000 budget, is intended to complete the testing
of the continuity of the spodumene-bearing pegmatite swarm at depth and along strike at a 50 to
100 m spacing. The 2017 drilling program builds on the results of an earlier drill and channel
sampling program carried out by the previous owners of the Project in 2012. Historic holes (total:
864 m) intersected a swarm of lithium bearing pegmatite dykes of an aggregated thickness of
approximately 20 metres, with the best intersection found in hole 09-555-05 (0.97% Li2O over
21.0 m (from 36.0 m to 57.0 m), including 1.43% Li 2O over 13.0 m (from 36.0 m to 49.0 m) 1.
Spodumene mineralization as currently known extends over a minimum strike length of 500 m
and is open along strike and at depth.
1 Source: 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.).
The style of mineralization encountered within the Pontax occurrence is very similar to other
swarm-type spodumene pegmatite occurrences located within the “Central Eeyou-Istchee James
Bay lithium pegmatite trend” - a 100 km long lithium pegmatite-bearing corridor that extends near
the contact zone between the Némiscau and LaGrande sub-provinces, from Nemaska Lithium
Inc.’s Wabouchi lithium deposit in the southeast, to Galaxy Resources Ltd.’s James Bay Lithium
deposit in the northeast and including Critical Element Corp.’s Rose Lithium-Tantalum deposit ,
as well as being similar to SOQUEM’ Inc.’s Moblan lithium deposit further south.
Drilling at the Pontax Lithium Project commenced on December 6 th, 2017 with a planned
completion date of December 16th. Seven of the eight proposed drill holes have been completed
to date, and pending the completion of the eighth and final drill hole by December 16th, Stria will
have met its flow-through expenditure obligations in advance of the December 31st deadline.
The exploration program at the Pontax Lithium Project is designed and operated by IOS Services
Géoscientifiques of Chicoutimi, Québec, under the supervision of the Table Jamésienne de
Concertation Minière (TJCM) of Chibougamau, Québec. The core drilling contractor is
Chibougamau Diamond Drilling Ltd. of Chibougamau, Québec.
Sample preparation will be provided by IOS, while assaying will be provided by ALS Minerals of
Val-d’Or Québec. Quality control, monitored by an IOS chemist, will consist of 15% reference
- 2 -
materials, including blank, duplicates and certified reference material.
In May, 2016, the Company reported th at metallurgical testing of a 16.5 t bulk spodumene
pegmatite sample extracted from the Pontax spodumene-bearing occurrence achieved an initial
assay result of 6.3% Li2O 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.)
Qualified Persons
Mr. Réjean Girard, P.Geo., 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.
Mr. Marc-André Bernier, M.Sc, P.Geo. (Québec and Ontario), a Director of the Company 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.
About Stria Lithium Inc.
Stria Lithium Inc. is a Canadian junior mining exploration company with an expanding technology
focus and the sole owner of the Pontax lithium property in Northern Quebec. Stria's mission is to
become a reliable, profitable global source for both lithium metal and lithium compound products
and process technologies for producing value added lithium products.
Stria's expanded business focus is on the application of in -house developed technologies and
processes that lead to the produ ction and milling of lithium metal and lithium metal foil for
advanced lithium batteries.
From the production of lithium metal also comes the value-added production of: lithium hydroxide;
lithium carbonate; lithium fluoride, and; lithium chloride.
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.
Towards its commercial goals, Stria has positioned itself as a partner in the 2GL Platform business
alliance announced on May 18, 2016. 2GL Platform is a green energy technology strategic
alliance with Grafoid Inc., Focus Graphite Inc., and Braille Battery Inc.
FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements, which relate to future events or future
performance and reflect management’s current expectations and assumptions. Such forward-
looking statements reflect management’s current beliefs and are based on assumptions made by
and information currently available to the Company. Investors are cautioned that these forward
looking statements are neither promises nor guarantees, and are subject to risks and
uncertainties that may cause future results to differ m aterially from those expected. These
forward-looking statements are made as of the date hereof and, except as required under
applicable securities legislation, the Company does not assume any obligation to update or revise
- 3 -
them to reflect new events or circumstances. All of the forward-looking statements made in this
press release are qualified by these cautionary statements and by those made in our filings with
SEDAR in Canada (available at www.sedar.com).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsi bility for the accuracy of this
release.
Contact:
Stria Lithium Inc.
Gary Economo, CEO
613 241-4040
www.strialithium.com