Rock Tech Starts Drilling for 2010 to 2011 Georgia Lake Lithium Project Exploration Work
December 9, 2010
NEWS RELEASE – FINAL FOR DISTRIBUTION
Rock Tech Starts Drilling for 2010 to 2011 Georgia Lake Lithium Project Exploration Work
Vancouver, British Columbia, Canada, December 9, 2010 – Rock Tech Lithium Inc. (TSX-Venture: RCK; Frankfurt: RJIA) (the “Company” or “Rock Tech”) is pleased to announce that the first 4,000 metres of planned drilling of the Company’s 2010-2011 exploration program at its Georgia Lake lithium and rare metals project in northwestern Ontario has commenced.
As well, Rock Tech has awarded the environmental baseline studies contract to Trow Engineering and Environmental Consulting, a multidisciplinary global consulting company. Trow Engineering’s Thunder Bay office conducted the first round of field investigations consisting of the collection of surface water samples, field water quality observations, and the collection of other relevant ecological data from upstream and downstream claim areas. This data along with several other rounds of similar studies will be used to facilitate future development work on the Company’s Georgia Lake project.
As reported in the news release dated October 28, 2010, Caracle Creek International Consulting Inc. (CCIC) was engaged to carry out 3-dimensional modeling, NI 43-101 resource estimation and other geological work on the project. CCIC is presently developing the 3-dimensional model based on the historical exploration data and this model will continuously be updated as the results of the current drill program become available.
Eunho Lee, Company President and CEO, commented, “the launch of our drill program and completion of the first round of the environmental baseline study is a significant step towards the development of the Georgia Lake lithium and rare metals project. This marks a very important step in our plans to confirm and expand the historic lithium resource at Georgia Lake.”
Technical information of this news release has been reviewed by Afzaal Pirzada, P.Geo., Vice President, Exploration of the Company and a Qualified Person as defined in NI43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
“EUNHO LEE”
Eunho Lee Director, President and CEO
For more information, please contact:
Brad Barnett Controller and Senior Manager, Business Affairs Rock Tech Lithium Inc.
789 West Pender Street, Suite 400 Vancouver, B.C., V6C 1H2 Telephone: (604) 688-1140 Facsimile: (604) 688-1173 Email: [email protected]
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
Neither 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 press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
*The historical resource estimate cited in this press release are taken from Ontario Department of Mines Geological Report No. 31 titled, “Geology and Lithium Deposits of Georgia Lake Area”, by E.G. Pye, 1965. The author of the report took resource estimates from the assessment reports filed by previous operators, and other available sources. The company believes that the estimate is relevant to an appraisal of the merits of the property because it was based on drilling, trenching and other exploration work in each claim block on the property, and because there is no evidence of any subsequent resource estimation work on the property. No additional recent data on resource estimates are available in the public domain. No additional work has been completed by a qualified person to classify the historical resource estimate as a current resource or reserve. The company is not treating the historical resource as a current mineral resource or reserve. The historical resource estimate should not be relied on and does comply with NI43-101 standards. Rock Tech Lithium Inc. seeks safe harbor.