Rock Tech Provides an Update on Start of Initial Baseline Studies Field Work
Rock Tech Lithium Inc.
600-777 Hornby Street | Vancouver | British Columbia | Canada | V6Z 1S4
P. +1.778.358.5200 | F. +1.604.670.0033
www.rocktechlithium.com | [email protected]
TSXV: RCK | Frankfurt: RJIB
Rock Tech Provides an Update on Start of Initial Baseline Studies Field Work
Vancouver, BC, Canada – July 15, 2019 – Rock Tech Lithium Inc. (the "Company" or “Rock
Tech”) (TSX-V: RCK; Frankfurt: RJIB) is pleased to provide an update on the initial baseline
studies announced in news releases on July 8 and July 10, 2019, led by Northern Bioscience
Ecological Consulting (“Northern Bioscience”) at the Company’s 100%-owned Georgia Lake
lithium project in Ontario, Canada.
Northern Bioscience has conducted a whip-poor-will survey and no whip-poor-wills were
detected. A bat recorder was deployed near the mine shaft and bird recorders were deployed in
three locations about the property. Additionally, temperature loggers were deployed at two
streams related to fish and aquatic habitat surveys.
Figure 1 - handheld bat recorder deployed at Georgia Lake lithium project
“We are pleased that the initial surveys did not detect any whip-poor-wills, a bird deemed as
‘threatened’ under the Endangered Species Act,” said Dirk Harbecke, Rock Tech’s chairman.
“We look forward to receiving and reporting additional results from the initial baseline studies in
the near future.”
All scientific and technical information in this news release concerning the Georgia Lake lithium
property was reviewed and approved by Karl-Stephan Peters, EurGeol 787, a qualified person
(QP) as defined under National Instrument 43-101.
About the Georgia Lake Lithium Project
Rock Tech Lithium Inc.
600-777 Hornby Street | Vancouver | British Columbia | Canada | V6Z 1S4
P. +1.778.358.5200 | F. +1.604.670.0033
www.rocktechlithium.com | [email protected]
TSXV: RCK | Frankfurt: RJIB
The Georgia Lake lithium project is a lithium-rich pegmatite vein deposit with measured and
indicated resources of 6.57 million tonnes grading 1.01% Li2O in addition to inferred resources
of 6.72 million tonnes grading 1.16% Li2O. The first PEA for the project, focused exclusively on
the main resource area which hosts less than 80% of total defined resources to date, was
published in October 2018. Highlights from the PEA included an NPV of $312 million and an
IRR of 62.2%. While the Georgia Lake lithium project has received extensive exploration and
development investment over the years, there remains extensive areas for future exploration and
discovery located both within and adjacent to the main resource area.
On behalf of the Board of Directors,
"Martin Stephan"
Martin Stephan
Director, Chief Executive Officer
For further information, please contact:
Brad Barnett
Chief Financial Officer
Rock Tech Lithium Inc.
777 Hornby Street, Suite 600
Vancouver, B.C., V6Z 1S4
Telephone: (778) 358-5200
Facsimile: (604) 670-0033
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Prov ider (as that term is defined in the policie s of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including stat ements concerning our plans, intentions and expectations, which are not
historical in nature are int ended to be, and are hereby identified as, "forward ‐looking statements". Forward ‐looking statements
may be identified by words including "anticipates", "believes", "i ntends", "estimates", "expects" and similar e xpressions. The
Company cautions readers th at forward‐looking statements, including without li mitation those relating to the Company's future
operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially
from those indicated in the forward‐looking statements.