Nemaska Lithium Drilling Program at Whabouchi Lithium Project Progressing Well

QUEBEC CITY, QUEBEC–(Marketwired – July 28, 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 (44 drill holes over 13,700 m). The drilling is progressing at a faster than expected rate, and to date Nemaska Lithium has drilled 22 holes totalling 5,935 metres. The drill hole are oriented towards N300° with a dip ranging from 45° to 65°. The drilling thus far has confirmed the continuity of the dykes down to 200 metres from surface in the eastern part of the deposit and spodumene bearing pegmatite dykes were observed in all holes. Drilling is now expected to be completed by the end of August with initial drill results out by September 2016.
The main objectives of this program are to convert the existing pit constrained inferred resource into measured and indicated, to add near surface resources in the east zone of the pit design as well as confirming continuity of further resources at depth below the 200 m level.
“This drilling confirms that there are additional dykes on the Whabouchi deposit, which is already classified as one of the best pegmatite lithium deposits in the world,” said Guy Bourassa, President and CEO of Nemaska Lithium. “I look forward to reporting the drill results in the next couple of months, which will unveil its impact on the projected Whabouchi life of mine.”
The table below give the details of the intersections, greater than 3m long core, that are currently logged, indicating the intersections of spodumene bearing pegmatite that were intersected. Assay results will be released when completed.
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