Rock Tech Increases Lithium Tonnage at Georgia Lake by Over 40 Percent
Rock Tech Lithium Inc. (TSXV:RCK) announced an updated resource estimate for its Georgia Lake lithium project in Ontario. Total tonnage has increased, and the company has upgraded the resource classification relative to the previous resource estimate released in 2012.
Rock Tech Lithium Inc. (TSXV:RCK) announced an updated resource estimate for its Georgia Lake lithium project in Ontario. Total tonnage has increased, and the company has upgraded the resource classification relative to the previous resource estimate released in 2012.
Highlights are as follows:
- Measured Resources: 1.89 million tonnes @ 1.04% lithium oxide (“Li2O”);
- Indicated Resources: 4.68 million tonnes @ 1.00% Li2O;
- Inferred Resources: 6.72 million tonnes @ 1.16% Li2O.
Martin Stephan, CEO of Rock Tech, commented:
We are extremely pleased and excited to announce an updated resource estimate, including the first-ever ‘measured’ resource for our Georgia Lake lithium project. And we are very happy in the current market environment that we own a hard rock pegmatite project. The increased resource tonnage and upgraded resource classification bolster our confidence in the future prospects and the economic feasibility of our flagship property. The new lithium-bearing pegmatite discoveries made during the 2016 and 2017 field programs have not even been included in the updated resource estimate and demonstrate the significant upside that still remains at Georgia Lake.
Click here to read the full Rock Tech Lithium Inc. (TSXV:RCK) press release.
