Nex Trading Symbol – Tgi.h True Grit Resources Generates Positive Preliminary Results from an Oreintation Mobile Metallic Ion (Mmi) Soil Survey and Assessment of a V Ailable Resistivity Data, and Files a Technical Report ON Its Arizona
True Grit Resources Ltd.
Suite 404 – 999 Canada Place
Vancouver, British Columbia V6C 3E2
Telephone: (604) 662-3230
Fax: (604) 682-4309
NEX TRADING SYMBOL – TGI.H
TRUE GRIT RESOURCES GENERATES POSITIVE PRELIMINARY RESULTS FROM AN
OREINTATION MOBILE METALLIC ION (MMI) SOIL SURVEY AND ASSESSMENT OF
A V AILABLE RESISTIVITY DATA, AND FILES A TECHNICAL REPORT ON ITS ARIZONA
LITHIUM BRINE PROJECT
Vancouver, BC (April 9, 2018) True Grit Resources Ltd (the “Company”) is pleased to announce that it
has, through its wholly owned s ubsidiary, conducted an orientati on Mobile Metalli c Ion (MMI) soil
survey, commissioned a detailed assessment of existin g published resistivity data, and filed application
for an expanded land position under Arizona Stat e Land Mineral Explorati on Permit on its Arizona
lithium brine exploration project. Highlights of recent work are as follows:
Orientation MMI soil geochemistry studies testing portions of the project area, and conducted under the
direction of industry recognized expert Dr. Mark Fedikow, has indicated surface soil lithium anomalies
showing strong correlation with el evated Mg, Sr and U, are well de veloped and high contrast when
collected from a depth of 30 to 40 cm. Based on these positive results, the Company is moving forward
with plans to test the entire project area by MMI soil geochemistry utilizing 200m grid spacing.
Whether any buried lithium source producing surface mobile ion anomalies is lithium-in-brine or
lithium enriched clays will be determined through subsequent electrical survey soundings.
Recent detailed assessment of a published regional scale resistivity survey by a geophysical consultant
covering key portions of the project area, has recognized zones of lo w to very low resistivity (high
conductivity), which are te ntatively interpre ted to represent local, el evated saline groundwater
conditions. The Company considers these potential brin e zones to be highly pros pective drill targets,
and is moving forward with contracting in-fill resist ivity surveys to cover priority areas. A recently
expanded land position will cover areas of keen interest.
The Company's land position, as evidenced by publis hed gravity, seismic and water well data, is
centered over portions of the deep est part of a structural basin, partially filled by Pliocene-age
tuffaceous evaporite deposits. Water wells, drilled through the evaporite se quence to access underlying
aquifers, were sampled and analyzed by the US GS prior to 1978, and between 1980 and 1991, and
returned elevated lithium values. Wells in the imme diate vicinity of the pr oject area have yielded
lithium values up to and exceeding 3.5 ppm. It is pos tulated that high lithium content brines, hosted
within the unconsolidated evaporite sediments, ar e contaminating the high flow, deep aquifer wells.
Additional historic work, focused on the geothermal potential of portions of the basin, and including a
regional scale resistivity survey, led to the recogn ition of low to very low resisitivities, which are
tentatively interpreted to represent local elevated saline groundwater conditions.
The current exploration strategy bei ng studied by True Grit to identif y potential economic aquifers of
lithium bearing brine, proposes refinement of dril l targets using a combination of MMI geochemical
anomalies that may be coincident with zones of high conductivity. It is also noteworthy, that the project
area hosts excellent, close proxim ity infrastructure including power , paved highways and a large
trained, mine industry workforce.
A discussion of results and recommendations for c ontinued work is presented in a Technical Report
titled L.G. Property, Graham County, Arizona, dated March 15, 2018 and filed on SEDAR March 28,
2018.
Byron Coulthard, the President of Tr ue Grit Resources, states that the Company is very encouraged by
the work done on the property to da te. The MMI data analyzed along with the historical water well
information confirms the presence of Lithium. The Company looks forward to drilling in the near
future to test the economic potential of the project.
TRUE GRIT RESOURCES LTD.
Byron Coulthard
President
This release includes certain statements that may be deemed to be "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release,
other than statements of historical facts, that address future produc tion, reserve poten tial, exploration
and development activities and events or developmen ts that the Company expects, are forward-looking
statements. Although management believes the exp ectations expressed in such forward-looking
statements are based on reasonable assumptions, su ch statements are not guarantees of future
performance, and actual results or developments may differ materi ally from those in the forward-
looking statements. Factors that could cause actual re sults to differ materially from those in forward-
looking statements include market prices, expl oration and development successes, continued
availability of capital and financing, and general economic, market or business conditions. Please see
our public filings at www.sedar.com.
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policies of the TSX Venture Exchange) accepts respons ibility for the adequacy or accuracy of this
release.