Redzone Completes Initial Sampling Program on Its Arizona Lithium Property, Returning Samples as High as 4.13% Li2O, Finds Additional Spodumene Bearing Pegmatite Dykes and Extends the Lithium Occurences Through Identifying a Lithium Bearing Dyke Swarm
Redzone Completes Initial Sampling Program on Its Arizona Lithium Property,
Returning Samples as High as 4.13% Li2O, Finds Additional Spodumene
Bearing Pegmatite Dykes and Extends the Lithium Occurences Through
Identifying a Lithium Bearing Dyke Swarm
VANCOUVER, British Columbia, March 05, 2018 -- Redzone Resources Inc. (TSXV:REZ) (Frankfurt:3F2.F) (OTC:REZFF) (“the
Company” or “Redzone”) is pleased to announce that following the acquisition of additional land claims, bringing the total to
4,876 acres, Engineering & Environmental Consultants (EEC), on behalf of Redzone, conducted an initial mapping,
prospecting and sampling campaign, identifying several new outcrops and sub-crops of pegmatite dykes, adding to the ones
already identified on the original claim package. Initial assay results highlight two (2) new areas of interest for lithium
mineralization. The grab samples from the new outcropping dykes returned assay results up to 1.21% Li 2O, confirming the
potential for lithium mineralization outside of the Lucky Mica dyke. Further sampling of the Lucky Mica dyke returned four (4),
high grade samples (0.42%, 1.90%, 4.13% and 4.78% Li 2O) confirming the results from past campaigns. Past sampling on
the dyke by SGS Canada Inc. in 2017 confirmed the potential economical grade values associated with the dyke with assay
results as high as 7.50% Li 2O from select panned concentrate of spodumene.
A total of 22 new spodumene bearing showings were identified throughout the Property and 66 gab samples were sent for
geochemical analysis.
The first new area of interest is located 4km northeast of the Lucky Mica dyke and comprises three (3) new lithium bearing
dykes. The first dyke is exposed through six (6) outcrops with a strike length of 240m towards the northeast. The biggest
outcrop is located at the south end of this area and comprises the historical Dove mine. The outcrop is roughly 20m in length
and shows a dyke with an approximate width of 10m. Initial sampling of the dyke material returned anomalous Li values with a
maximum value at 0.18% Li 2O. The other dykes are located north of the Dove mine and comprise two (2) en echelon dykes
exposed through multiple northwest trending outcrops. Both dykes have strike length of approximately 180m and widths
varying from 1m to 3m. Grab samples from the dykes have returned Li values as high as 1.21% Li2O.
The second new area of interest is located 700m west of the Lucky Mica dyke. This dyke comprises a series of five (5)
northwest trending outcrops exposed on a strike length of 90m. The outcrops show dyke width varying between 2m and 7m.
The outcrops are mostly composed of spodumene-muscovite bearing pegmatites and grab samples highlighted anomalous
lithium values with maximum values of 0.21% and 0.29% Li2O.
These new dykes, if shown to have economical grade have the potential to triple the previous potential, as estimated by SGS.
Future exploration work
Given the successful identification of other lithium bearing pegmatite dykes, further exploration work will be conducted on the
property. Continuing prospecting in the Li-Enrichment zone of the property might identify other ore grade pegmatite
occurrences. Further work on the already identified dykes will focus on gathering geological and mineralogical information by
conducting stripping of the outcrops and channel sampling. Samples will be sent for assays and mineralogical test work to
identify the mineral phases associated with lithium mineralization. Stripping and future drilling will also focus on identifying
possible internal zonation of the dyke and weathering profile, as lithium can be leached out of spodumene during the
weathering process (Singh, Balbir. Weathering of Spodumene to Smectite in a Lateritic Environment, Clays and Clay Minerals,
vol. 41 No. 5, October 1993. p. 624-630.).
Sampling Protocol
Rock chip samples were collected at various locations within the company’s property, specifically of pegmatite. Samples of
approximately 2-5 lbs. were collected, as multiple small fragments, from either outcrop or sub crop and placed inside
individually uniquely numbered bags and secured. At each rock chip location the latitude and longitude were recorded by a
handheld GPS, and noted. A brief sample description and additional comments as necessary were recorded at each sample
location. All sampling protocols remained constant throughout the program. The bags were transported to Skyline Laboratories
in Tucson, AZ for sample preparation. Subsequent geochemical analysis was conducted by Skyline.
In the laboratory, samples are crushed and pulverized to produce an homogenous subsample for analysis via a 4 acid
digestion/ICP-OES & ICP-MS (Skyline code TE-5) for Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In,
K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Sn, Sr, Ta, Tb, Te, Th, Ti, Tl, U, V, W, Y, Zn and Zr. For Li
results exceeding 5000ppm, are reanalyzed via sodium peroxide fusion and hydrochloric acid digestion in Teflon tubes and
then analysed by ICP-MS.
About Redzone
Redzone is a mineral exploration company with a focus on metals that make up and support the rapid evolution to battery
power. Redzone’s common shares are listed on the TSX-V under the ticker symbol “REZ” and more information about the
Company is available on its issuer profile on SEDAR at www.sedar.com or at www.redzoneresources.ca. For further
information please contact:
Michael Murphy
President and Chief Executive Officer
All scientific and technical disclosure herein has been prepared under the supervision of Bernie Stannus, P.Eng, a consultant
to EEC, the Company’s local contractor, a “qualified person” within the meaning of National Instrument 43-101 – Standards of
Disclosure for Mineral Projects . Mr. Stannus has verified all sampling, analytical and test data underlying the information
contained in this news release and review of certified assay certificates against the assay data.
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 and/or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release includes certain "forward-looking information" which are not comprised of historical facts. Forward-looking
information include estimates and statements that describe the Company’s future plans, objectives or goals, including words
to the effect that the Company or management expects a stated condition or result to occur. Forward-looking information may
be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since
forward-looking information is based on assumptions and address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Although these statements are based on information currently available to the
Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties
and other factors involved with forward-looking information could cause actual events, results, performance, prospects and
opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking
information in this news release includes, but is not limited to, the potential for gold and/or lithium at any of the Company’s
properties, whether additional assay and exploration results will continue to return high values; whether initial analyses and
interpretations of the project area will be established and confirmed through future work; whether continued review of the
historical geologic database will continue to provide opportunities to monetize the Company’s properties; the Company’s
objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources,
and future exploration plans. Factors that could cause actual results to differ materially from such forward-looking information
include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves,
the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental,
environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed
in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the
development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the
mineral exploration industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the
Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release,
and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any
intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events
or otherwise, other than as required by law.