Equitorial Exploration Receives Drill Permit for LNPG Lithium Property

Equitorial Exploration Corp. (TSXV:EXX, FRA:EE1, OTCQB:EQTXF) is pleased to report that it has received a land use permit for its 100%-owned Little Nahanni Pegmatite Group (LNPG) Lithium Property in the Northwest Territories. The permit is valid for 5 years and allows Equitorial to conduct diamond drilling from a camp located on the property. The work …

CEO, Jack Bal comments,
“Our LNPG property is worthy of serious attention. The LNPG NI 43-101 released March, 2017 concludes that there are ‘sufficient grades to bring the rock to within economic values’. The focus of our summer drill program is to further expand the economic potential of this significant Li property.”
Little Nahanni Pegmatite Group (LNPG) Project Highlights Please see Property Location Map below
-Contains a system of Lithium-Caesium-Tantalum-type (LCT) pegmatite dykes
-13km strike length deeply incised by several east- or west-facing cirques
-“Sufficient grades to bring the rock to within economic values.” (NI 43-101 March, 2017)
-Dyke continuity over a vertical range of 300+ meters demonstrated by natural exposure and past drilling. Each “swarm” of dykes is up to 300 m thick. The dykes are well exposed on the cirque walls and strike northerly, with near vertical dips
-Where sampled, each dyke swarm is up to 52.60 m wide and contains multiple dykes that range from 0.2 to 10 m in width. Reliable channel sampling performed in 2016
-Careful measurement of dyke width and host rock intervals have enabled bulk samples to be calculated
-“Results such as 10.35 m at 1.13% Li2O, 71.1 g/t Ta2O5 and SnO2 are highly encouraging.” (NI 43-101 March, 2017)
Drill Program Summer 2017
The work program is scheduled for mid-late July and will include diamond drilling, channel sampling, resampling of 2007 drill core, and geological mapping and prospecting. Diamond drilling will target the pegmatite dyke swarms near the cirque floors in order to extend the vertical extent of these dykes. The 2017 field program on the Li Property will be managed by Archer, Cathro & Associates (1981) Limited (“Archer Cathro”).
About Equitorial Exploration Corp
Equitorial is aggressively developing three 100%-owned, high-potential, lithium projects in North America. The Little Nahanni Pegmatite Group (LNPG) is a 43-101 compliant, hard rock, lithium property in the NWT. The Tule and Gerlach Lithium Brine Projects are located in lithium-rich Utah and Nevada within easy reach of the Tesla Gigafactory #1.
Technical information in this news release has been approved by Matthew R. Dumala, P.Eng., a geological engineer with Archer Cathro and a qualified person for the purpose of National Instrument 43-101.
For more information please visit: https://www.equitorial.ca
EQUITORIAL EXPLORATION CORP.
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Jack Bal, CEO and Director
For further information, please contact Jack Bal at 604-306-5285
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