Tests Confirm Spodumene at Kamativi Tailings Project
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202 – 905 West Broadway, Vancouver, BC V5Z 4M3 CSE - CAT
X-Ray Diffraction Test Work confirms Spodumene as the predominant Lithium bearing mineral at
Kamativi Tailings Lithium Project
Vancouver, BC September 13, 2018 – Chimata Gold Corp. (CSE – CAT) (“Chimata” or the “Company”) is pleased
to announce the X-ray diffraction (XRD) results for selected samples from its recently completed drilling program
at its flagship Kamativi Tailings Lithium Project in Zimbabwe. The aim of the analysis was to identify and quantify
all minerals present with a specific focus on the lithium bearing minerals. The results confirm Spodumene as
the predominant Lithium bearing mineral species.
Ten composite samples, selected by MSA Resource geologists as part of their 43 -101 Resource Statement
process, were prepared from drill holes across the Kamativi Tailings Storage Facility (the “Tailings”) as shown
in Figure 1, and were submitted to Geolabs Global (Pty) ltd (“Geolabs”) for X-Ray Diffraction (“XRD”) analysis.
Geolabs, a company located in Centurion, South Africa was founded in 2015 provides services in high-resolution
mineralogical, metallurgical and chemical testing services to the mining industry. Geolabs has a fully equipped
lab which enables them to test a wide range of ore types, with particular recent focus on the Southern African
Lithium sector, more can be found on the Geolabs Website: https://www.geolabsglobal.com/.
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Figure 1 : Holes Selected for X-Ray Diffraction Analysis
Full elemental assay results for these samples (as measured by SGS South Africa, Randfontein Laboratory) were
provided in order for Geolabs to preform assay-validation on these samples. Assay-validation was used to
reconcile chemistry, as determined by analytical chemistry techniques and with semi-quantitative mineralogy
determined by Rietveld Refinement XRD. The results for these samples can be found in Table 1.
Table 1: Assay-validated Rietveld Refinement XRD Results
Hole
ID From To Mineral Abundance (%)
Quartz Albite Microcline Muscovite Clinochlore Apatite Spodumene Cassiterite Geothite
KT27
1 9 37.42 31.81 7.31 14.41 0.57 1.48 5.58 0.05 1.37
9 18 38.03 28.96 7.02 14.68 0.52 1.28 8.16 0.04 1.30
18 24 41.67 23.72 4.88 17.78 0.49 1.33 8.85 0.05 1.23
KT44 1 10 17.79 47.70 4.40 19.29 2.05 2.08 4.90 0.05 1.75
KT57 1 8 33.75 35.11 9.82 11.08 0.64 1.84 6.27 0.04 1.46
KT113 1 9 38.71 28.08 5.74 15.30 0.50 1.12 9.21 0.04 1.31
9 18 35.73 32.80 6.61 13.37 0.57 1.11 8.03 0.05 1.72
KT206
1 9 24.39 37.41 6.40 19.89 0.70 1.90 7.82 0.05 1.45
9 18 29.07 34.22 6.30 15.27 0.54 1.54 11.64 0.05 1.37
18 24 28.59 38.58 5.81 13.94 0.48 1.41 9.79 0.04 1.36
As set out by Geolabs in their report “Final assay -validation constrained all lithium (“Li”) to Spodumene;
effectively rendering it the only mineral in the assemblage with a notable concentration of Li. Other minerals
such as muscovite and chlorite may contain negligible concentrations of Li.”
The results from the work completed by Geolabs will form part of the NI43-101 Resource Statement due for
release during September.
John McTaggart, Managing Director of Jimbata (Pvt) Ltd (“Jimbata”) commented, “We are extremely pleased
with the results declared from this recent mineralogy test program. The work confirms earlier HLS studies carried
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out by SGS laboratories during 2017 which indicated Spodumene as the predominant Lithium bearing mineral.
The Company now looks forward to aggressively pursuing further metallurgical test work in the planned
development of the beneficiation plant for the Kamativi Tailings Project in line with the Rapid Results Initiative
set out by the Government of Zimbabwe”. Figure 2 shows Spodumene in a High grade Li2O concentrate (7.08%)
produced after Heavy Liquid Separation (“HLS”) and Magnetic Separation
(http://chimatagoldcorp.com/news/completes-heavy-liquid-separation-and-magnetic-separation-test/).
Figure 2: Concentrate Produced After HLS and Magnetic Separation (left) and Concentrate Viewed Under Loupe (right)
Alain Moreau, a “qualified person” as defined by NI 43-101 – Standards of Disclosure for Mineral Projects has
approved the scientific and technical disclosure in this press release.
Brandon Zacharopoulos, a Mineralogist holding a BSc (Honours) in Geology, prepared the mineralogy report for
Geolabs.
James Arthur, FSAIMM (MBA), the Chief Operating Officer for Jimbata, interfaced with Geolabs during the test
work period to ensure all relevant outcomes of the test work and reporting were completed.
ON BEHALF OF THE BOARD
Richard Groome
Chairman and Interim President and CEO
Further information regarding the Company can be found on SEDAR at www.SEDAR.com, or by contacting the
Company directly at (604) 674-3145.
This news release may contain forward–looking statements. Forward-looking statements address future events
and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements. Particular risks applicable to this press release include risks
associated with planned production, including the ability of the company to achieve its targeted production
outline due to regulatory, technical or economic factors. In addition, there are risks associated with estimates of
resources, and there is no guarantee that a resource will have demonstrated economic viability as necessary to
be classified as a reserve. There is no guarantee that additional exploration work will result in significant
increases to resource estimates
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of
the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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We seek safe harbour