Redzone Resources Ltd. (TSX VENTURE:REZ) (the “Company” or “Redzone”) is pleased to announce that it has acquired two additional claims at its Arizona-based Lucky Mica claim group, bringing the total number of claims in such group to 27. The additional claims were staked following the Company’s review of additional past exploration work which indicated the presence of gold mineralization on the properties in addition to the previously reported high grade lithium findings (see press release dated February 22, 2017 available on SEDAR at www.sedar.com).
Redzone has engaged NV5, a technical engineering and consulting service company with offices in Phoenix, to assist with its work related to the Lucky Mica claim group. To date, NV5 has identified and mapped all historical drilling data and collected samples on the property, the assays in respect of which are pending. NV5 is currently in the process of compiling the entire historical drill data set on the properties for analysis.
Neither the 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 and/or accuracy of this release.
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or lithium at any of the Company’s properties, the prospective nature of any claims comprising the Lucky Mica claim group, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing of future exploration, and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
President and Chief Executive Officer