Stria reports positive outcrop mapping and sampling results from Pontax North and Pontax Central targets at its Pontax Lithium Project, Quebec
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T
SX: SRA.V
Stria reports positive outcrop mapping and sampling results
from Pontax North and Pontax Central targets at its Pontax
Lithium Project, Quebec
Stria Lithium, Inc. (TSX.V:SRA)
OTTAWA, ONTARIO – January 1 8, 2023 - Stria Lithium Inc. (TSXV:SRA) (“Stria” or the
“Company”) is pleased to report positive results from initial mapping and outcrop sampling conducted
by partner Cygnus Gold Ltd. (“Cygnus”) in October 2022 at the Company’s flagship Pontax Lithium
property, located in west-central Eeyou Istchee James Bay (EIJB) Territory of northern Québec.
Highlights:
• During the fall (between October 20-31, 2022) mapping and prospecting programs conducted on the
Pontax Lithium project revealed a series of pegmatite dykes located outside of the main Pontax
spodumene pegmatite dyke prospect (“Pontax Central Target”). Ten (10) channels totalling 28 metres
in length were cut across these dykes with a diamond saw and 19 samples, one metre in length each,
were collected and submitted for assaying.
• Outcrop channel sampling* of a spodumene bearing pegmatite outcrop found 80 metres southwest and
along strike of the Pontax Central target has returned 1.89% Li2O over an apparent width of 4.0 metres.
This pegmatite extends to the edge of the local cover of fluvioglacial sediments suggesting potential
for lateral continuity under cover (Figure 1). Cygnus plans to test the southwest extension of the
spodumene pegmatite dyke swarm at the Pontax Central target as part of the ongoing 14,000 m drilling
program.
• At the adjacent Pontax North target, mapping has revealed the presence of new spodumene -bearing
pegmatites up to 5 metres wide at surface. Initial channel sampling* of three dykes from three outcrops
returned anomalo us Li 2O grades of 0.53% Li 2O over 3.0 apparent metres, 2.05% Li 2O over 2.0
apparent metres and 0.41% Li 2O over 1.0 apparent metre, respectively. These new pegmatites are
parallel to those of the Pontax Central target, located approximately 100 metr es to the northwest and
are distributed over a northeast strike length of 160 metres (Figure 1). These occurrences will be tested
by the ongoing drilling program.
• Anomalous tantalum results of up to 517 ppm Ta2O5 over 2.0 apparent metres were obtained in channel
samples in a non-spodumene bearing pegmatite dyke, south-east of Pontax Central target. A total of
nine (9) grab or chip samples from different outcrops also graded more than 100 ppm, and up to 531
ppm Ta 2O5, most of which are from non -spodumene bearing p egmatite dykes, outside the Pontax
Central target. Tantalum is the second metal of interest in lithium bearing (LCT) pegmatite, and is
typically present in the 20 -100 ppm range in Pontax Central lithium -bearing dykes. Its presence in
non-lithium bearing dykes was unexpected, and it opens new exploration possibilities. Collectively,
anomalous tantalum values were obtained in outcrops within a minimum 2.5 km long, northeast
trending corridor near the Pontax Central target.
* Cautionary note: Channel samples are continuous segments cut with a diamond saw at the surface of
outcrops. The measured lengths slightly overestimate the true thickness of the dykes.
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Currently a winter road is under construction in anticipation to mobilize three land-based drill rigs and replace
the current heliportable rig onsite at the Pontax lithium project. Definition drilling will continue over a regular
grid on the main Pontax Central target with the objective of establishing a maiden mineral resource estimate
by mid-2023. The drilling program also aims to step out from Pontax Central and test regional targets along
strike and into Pontax North. Results from the drilling completed late last year are expected in late January.
Sampling, analytical methods and QA\QC protocols
The fall 2022 mapping and prospecting program at the Pontax Lithium property was conducted jointly by
Cygnus Gold Ltd. and IOS Services Géoscientifiques Inc. (IOS) geologists.
Grab samples were collected by a geologist directly on exposed outcrop with the use of a sledgehammer and
chisel. Channel samples, one (1) metre in length each and approximately three (3) centimetres wide and three
(3) centimetres deep, were collected across pegmatite dykes directly at the outcrop surface. Outcrop, channel,
and sample positions were recorded with a sub-metre precision GPS device. Samples were shipped for assaying
by road-carrier to SGS Canada Inc. facilities in Rouyn -Noranda. The samples were analyzed by ICP -AES
(code GE-ICP91A50) or ICP-MS (code GE-IMS91A50) after sodium peroxide fusion. Quality assurance and
quality control procedures include insertion of approximately 20% of control materials, either blank, certified
reference material (Oreas 147, Oreas 148, Oreas 149 and Oreas 236) and digestion duplicate, either by
contractor or by the laboratory.
Figure 1: Sketch map showing the location of anomalous lithium and tantalum values recorded in channel or
grab samples on new pegmatites from the October 2022 mapping and prospecting program by Cygnus Gold
(Modified from Cygnus Gold Ltd.) Black dots are collar locations of 2022 drill hole, results of which are pending.
White dots are part of collar of holes planned in 2023.
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About Stria Lithium
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.
The technical content disclosed in the current press-release was reviewed and approved by Réjean Girard,
P.Geo and president of IOS Services Geoscientifiques Inc, a qualified person as defined under National
Instrument NI-43-101.
For more information about Stria Lithium and the Pontax Lithium project, please visit
https://strialithium.com
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For more information on Stria Lithium Inc., please contact:
Dean Hanisch
CEO Stria Lithium
+1(613) 612-6060
Kimberly Darlington
Communications, Stria Lithium Inc.
514-771-3398
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The technical aspects of the current press release have been reviewed by Réjean Girard, géo. (QC), President of IOS Services
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