Initiates Metallurgical Program for the Hidden Lake Lithium Project
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Trading Symbol: TSX.V: NTY
Frankfurt: R9G2 (WKN: A11575)
92 RESOURCES CORP.
Initiates Metallurgical Program for the Hidden Lake Lithium Project
Vancouver, March 28, 2017 – 92 Resources Corp. (the “Company”) (TSX.V: NTY) (FSE: R9G2) is pleased to
announce that it has initiated a preliminary metallurgical program for its wholly owned Hidden Lake Lithium
Project (the “Project” or “Property”), Northwest Territories. The Property is situated within the central parts of the
Yellowknife Lithium Pegmatite Belt, along Highway 4, approximately 40 km east of Yellowknife.
The metallurgical program will be the first applied to the pegmatites forming the Hidden Lake Project, with the
primary objective to demonstrate the amenability of the material to be processed through to potentially marketable
spodumene concentrate.
The program will be comprised of two phases; mineralogy, and mineral processing. The mineralogy phase will
aim to fully characterize the lithium bearing minerals (i.e. spodumene) and the gangue minerals (i.e. waste
material), as well as the inherent mineral liberation characteristics. This information will form the foundation of
the mineral processing phase, where the objective will be to separate the spodumene from the gangue, into a high-
grade mineral concentrate.
In the mineralogy phase, material from the LU D12, HL1, HL3, and HL4 pegmatites will each be evaluated
separately to confirm liberation and mineralogical characteristics. Assuming there are no significant differences
among the four pegmatites, a single composite will be produced for the subsequent mineral processing testwork.
The mineral processing phase will include grindability, heavy liquid separation (HLS), magnetic separation, and
flotation test work, with the objective of determining a preliminary flowsheet for the Project, as well as producing
a small quantity of spodumene concentrate of potentially marketable quality.
Although lithium recovery is the primary focus of the test work, the potential for the recovery of tantalum bearing
minerals into a secondary concentrate will also be evaluated.
The Company has retained the services of SGS Canada Inc. to carry out the program, with the test work to be
completed at their Lakefield, ON facility over a period of several months. SGS has considerable experience in
spodumene pegmatite processing as well as other lithium bearing minerals and rock types, making them ideally
suited for the program.
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NI 43-101 Disclosure
William Miller P. Geo., of Dahrouge Geological Consulting Ltd., a Qualified Person as defined by National
Instrument 43-101, supervised the preparation of the technical information in this news release.
About 92 Resources Corp.
92 Resources Corp is a modern energy solution company, focused on acquiring and advancing strategic and
prospective modern energy related projects. The Company currently holds three principal assets in Canada: the
Hidden Lake Lithium Property, NWT, the Pontax Lithium Property, QC, and the Golden Frac Sand Property, BC.
The Hidden Lake Lithium Property is strategically located within the heart of the Yellowknife Pegmatite District
with 2016 exploration results returning 1.90% Li2O over 9 m and grab samples up to 3.3% Li2O. The Property is
easily road accessible and its proximity to infrastructure provides for numerous development advantages.
The Pontax Property is located within Quebec’s lithium district, and covers several historic pegmatite occurrences
that are adjacent to known spodumene bearing pegmatite(s). The underlying geology includes over 20 km strike
length of the Pontax Greenstone Belt, which is also a favourable geological environment for gold occurrences.
The Golden Frac Sand Property covers more than a 4 km length of the Mt. Wilson Formation, which consists of
high purity, white, quartz sandstones. It’s strategic location in western Canada and proximity to infrastructure,
provides competitive access to the oil and gas markets where high-quality frac sand is an essentially input. The
adjacent Moberly Silica Sand Mine, owned and operated by Heemskirk Canada Ltd., produces a number of high-
purity products and as of February 2017, became subject to a takeover bid by Northern Silica Corporation valued
at $42.3 million AUD.
For further information, please contact Adrian Lamoureux, President & CEO at Tel: 778 -945-2950, E-mail:
[email protected] or visit www.92resources.com.
On Behalf of the Board of Directors,
“ADRIAN LAMOUREUX”
Adrian Lamoureux, President & CEO
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 or accuracy of this news release.
Forward Looking Statements:
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are
not historical in nature are intended to be, and are hereby identified as, “forward -looking statements”. Forward-looking
statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar
expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to
the Company’s future operations and business prospects, are subject to certain risks and uncertainties that cou ld cause
actual results to differ materially from those indicated in the forward-looking statements.