Rock Tech Announces Completion of First Phase of Winter Drilling at Georgia Lake
Rock Tech Announces Completion of First Phase of Winter Drilling at Georgia
Lake
VANCOUVER, May 30, 2017 /CNW/ - Rock Tech Lithium Inc. (the "Company" or "Rock Tech") (TSX-V:
RCK; Frankfurt: RJIB) is pleased to announce that drilling has been completed in the Parole Lake area of
its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario,
Canada.
Martin Stephan, Rock Tech's Chief Executive Officer , commented, "We are excited to announce the
completion of the first phase of the winter drill program, following up on the excellent results achie ved
during the channel sampling program. These drill holes, targeting the Parole Lake pegmatite, will help us
confirm historic data and provide valuable informat ion about the orientation of the lithium-bearing
pegmatite. High-grade assays from our channel sampling program demonstrated the growth potential of
this area."
A total of seven (7) drill holes totalling 1,382 metres was completed on the Parole Lake pegmatite. These
drill holes were designed to confirm historic results, assist in modelling the orientation of the pegm atite
and provide a more robust understanding of its potential.
The results from the channel program confirmed the presence of high-grade lithium mineralization up to
2.69% Li2O, including 4.22 metres of 1.89% Li2O and 3.01 metres of 1.57% Li2O, provided a better
understanding of the geometry of the lithium-bearing pegmatite and were an integral part of planning
these drill holes.
The Parole Lake pegmatite has an historic resource estimate of 1.5 million tonnes grading 1.30% Li2O
(Pye, 1965); however, the historical estimate does not use the categories set out in sections 1.2 and 1.3
of NI 43-101 and a Qualified Person has not done sufficient work to classify the historical estimate as
current mineral resources or mineral reserves. As a result, the Parole Lake pegmatite is not included in
Rock Tech's NI 43-101 resource estimate.
Drilling was completed by Major Drilling Group International Inc., one of the world's largest drilling
services companies, and the drill hole samples have been submitted to, and will be analyzed by, Actlab s,
an ISO 9001:2008 certified analytical laboratory located in Geraldton, Ontario.
All scientific and technical information in this news release concerning the Georgia Lake lithium prop erty
was reviewed and prepared under the supervision of Locke B. Goldsmith, P. Eng., P. Geo., an
independent Qualified Person to Rock Tech.
About Rock Tech Lithium:
Rock Tech Lithium is an exploration company focused on acquiring and exploring properties in the field of
lithium and other selected battery metals.
Rock Tech is the only exploration company in the Georgia Lake region with an NI 43-101 resource
estimate. The resource estimate shows an indicated resource estimate of 3.19 million tonnes grading
1.10% lithium oxide in addition to an inferred resource estimate of 6.31 million tonnes grading 1.00%
lithium oxide. Further, the Company has completed metallurgical testing on a bulk sample demonstrating
the ability to produce both a high-grade spodumene concentrate and battery-grade lithium carbonate
("Li2CO3"). The spodumene-bearing pegmatites of the Georgia Lake area were originally discovered in
1955.
To view photos, videos and maps from the ongoing ex ploration program, please use the following link:
http://rocktechlithium.com/ongoing-exploration-program/
On behalf of the Board of Directors of the Company,
"Martin Stephan"
Martin Stephan
Director, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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, "fo rward ‐
looking statements". Forward ‐looking statements may be identified by words including "anticipates",
"believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers t hat
forward ‐looking statements, including without limitation those relating to the Company's future operations
and business prospects, are subject to certain risk s and uncertainties that could cause actual results to
differ materially from those indicated in the forward ‐looking statements.
SOURCE Rock Tech Lithium Inc.
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%SEDAR: 00005870E
For further information: Brad Barnett, Chief Financial Officer, Rock Tech L ithium Inc., 777 Hornby
Street, Suite 600, Vancouver, B.C., V6Z 1S4, Telephone: (778) 358-5200, Facsimile: (604) 670-0033,
Email: [email protected]
CO: Rock Tech Lithium Inc.
CNW 07:00e 30-MAY-17