Nemaska Lithium Discovers New Mineralized Zone at Whabouchi and Provides Drilling Update

QUEBEC CITY, QUEBEC–(Marketwired – Sep 6, 2016) – Nemaska Lithium Inc. (TSX:NMX,OTCQX:NMKEF) is pleased to provide an update on the previously announced definition drilling campaign for its Whabouchi lithium project. The drill program was expanded from 44 drill holes over 13,700 m to 50 holes over 17,000 m after the company encountered a new lithium bearing zone in the southwestern end of the planned pit area (Figure1). The initial discovery was made on holes WHA-16-190; that intersected a new mineralized zone over 29.1m along core at 150 m vertical depth, WHA-16-184 over 81.7 m along core at 245 m vertical and WHA-16-189 over 44.8 m at 500 m vertical on the same section (3+50). Five (5) holes to confirm the lateral extensions of this new lithium zone up to 100m East and West of section 03+50 along strike are currently being drilled and are expected to be completed in early September 2016.

Currently a total of twelve (12) holes have intercepted the new mineralized zone, named Doris, and have reported the following intersections:

* True width estimated for drill holes with a dip of 50° and a general dip of 75° to the NW for the mineralized structure

Additional details of this new lithium zone will be released as the Corporation receives assay results.

“Drilling has gone even better than expected and I am obviously very pleased with this new lithium discovery” commented Guy Bourassa, President and CEO of Nemaska Lithium. “What we know now is that the new zone is quite a thick dyke and we are seeing true widths similar to the main zone at Whabouchi. I am excited to see what impact this new discovery will have on our world class Whabouchi lithium project,” commented Guy Bourassa, President and CEO of Nemaska Lithium.

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