niigaani drilling

Rock Tech engages Niigaani Drilling, Mobilizes Drill Rig to Georgia Lake

 
 

Rock Tech Lithium Inc. (the "Company" or "Rock Tech") (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) is pleased to announce that is has engaged Niigaani Drilling to complete a drill program at the Company's Georgia Lake lithium project in Ontario . The objective of the program is to confirm the delineated mineral resource, forming the basis for a Pre-Feasibility Study ("PFS").

 
 

  Rock Tech Lithium Inc. (CNW Group/Rock Tech Lithium Inc.) 

 
 

The program is targeting a total of 7,800 metres over five (5) deposits: Main Zone North, Main Zone South West, Conway , Harricana and Line 60. As disclosed in a Preliminary Economic Assessment ("PEA") with an effective date of March 15, 2021 , the Georgia Lake property hosts mineral resources as follows:

 

 
               
 
 

  Tonnage (MT)  

 
 

  Grade (Li2O%)  

 
 

  Measured Resources  

 
 

  2.31  

 
 

  1.04  

 
 

  Indicated Resources  

 
 

  4.31  

 
 

  0.99  

 
 

  Measured & Indicated  

 
 

  6.62  

 
 

  1.01  

 
 

  Inferred Resources  

 
 

  6.68  

 
 

  1.16  

 
 
 

   Bob MacDonald , General Manager of the Georgia Lake Lithium Project: "We are pleased with the progress at the Georgia Lake Project in the first half of 2021 and have commenced a Pre-Feasibility Study which is expected to be concluded in Q1 2022. We have engaged Niigaani Drilling to complete our 2021 drill programme with the focus on upgrading our confidence in the 5 main pegmatite dykes hosting spodumene in our northern land package. We are continuing to take all the necessary steps to advance the Georgia Lake Project."

 

   Dirk Harbecke , Rock Tech CEO : "We are excited about the progress we are making and are pleased to have Niigaani Drilling on this project. We are on time to achieve our goal to deliver our first battery-grade lithium hydroxide in 2024 and be part of the electric revolution that will transform the mobility sector in the coming decade."

 

Furthermore, the Company announces that it has granted 475,000 stock options to directors and employees of the Company. The stock options have an exercise price of $5.05 and will expire on September 1, 2023 .

 

The scientific and technical disclosure included in this news release has been reviewed and approved by Robert MacDonald , P.Eng., General Manager of the Georgia Lake Lithium Project, a Qualified Person under National Instrument 43-101 Standards of Disclosure of Mineral Projects ("NI 43-101").

 

On behalf of the Board of Directors,

 

    "Dirk Harbecke"    
Dirk Harbecke  
Chairman and Chief Executive Officer

 

Neither 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 or accuracy of this release.

 

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward‐looking statements".  Forward‐looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions.  The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.

 
 
 

 Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/rock-tech-engages-niigaani-drilling-mobilizes-drill-rig-to-georgia-lake-301367355.html  

 

SOURCE Rock Tech Lithium Inc. 

 
 

News Provided by PR Newswire via QuoteMedia

The Conversation (0)
Brunswick Exploration Has Now Identified Four Major New Dykes in 2025 at Mirage

Brunswick Exploration Has Now Identified Four Major New Dykes in 2025 at Mirage

 

Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; " BRW " or the " Company ") is pleased to report the final set of results obtained as part of the 2025 Winter drill campaign conducted on its Mirage Project. The Mirage Project is located in the Eeyou Istchee–James Bay region of Quebec, approximately 40 kilometers south of the Trans-Taiga Road. This press release primarily focuses on the drilling work carried out in the eastern extension of the MR-6 dyke and the "Stacked Dyke" zone.

 

  Highlights include:  

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
SAGA Metals Confirms Significant Oxide Layering in the Northwest of the 100% owned Radar Titanium Project in Labrador, Canada

SAGA Metals Confirms Significant Oxide Layering in the Northwest of the 100% owned Radar Titanium Project in Labrador, Canada

 

Saga Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H) a North American exploration company focused on critical mineral discovery, is pleased to announce SAGA's geophysics team has confirmed significant oxide mineralization in the northwest section of the 100% owned Radar Titanium Property (the "Property) over the site previously drilled back in 1996.

 

  Northwest Zone, Radar Property  

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Lithium Universe Ltd  Interview with Executive Chairman

Lithium Universe Ltd Interview with Executive Chairman

Melbourne, Australia (ABN Newswire) - Lithium Universe Limited (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF) is pleased to announce an interview with Executive Chairman, Iggy Tan at the recent Lithium Supply & Battery Raw Materials Conference in Las Vegas. The interview was conducted by The Rock Stock Channel.

Interview Highlights

- Discussions with potential spodumene feedstock offtakers ongoing

- Further talks with potential OEMs on battery grade lithium carbonate offtake

- All work completed on Becancour Lithium Project - waiting for lithium market recovery

- Acquisition of global rights photovoltaic (PV) solar panel recycling technology

- "Microwave Joule Heating Technology" (MJHT) from Macquarie University

- Utilizes microwave technology to selectively heat and delaminate PV cells

- Today only 15% of waste solar cells are recycled, rest end up in land fill

- Difficult to recycle, high temperature furnace, toxic chemicals, low recovery

- To investigate further recovery of silver, silicon, gallium and indium

To Watch the Interview, please visit:
https://www.abnnewswire.net/lnk/S0S4T95N

 

About Lithium Universe Ltd:  

Lithium Universe Ltd (ASX:LU7) (FRA:KU00) (OTCMKTS:LUVSF), headed by industry trail blazer, Iggy Tan, and the Lithium Universe team has a proven track record of fast-tracking lithium projects, demonstrated by the successful development of the Mt Cattlin spodumene project for Galaxy Resources Limited.

Instead of exploring for the sake of exploration, Lithium Universe's mission is to quickly obtain a resource and construct a spodumene-producing mine in Quebec, Canada. Unlike many other Lithium exploration companies, Lithium Universe possesses the essential expertise and skills to develop and construct profitable projects.

 

 

Source:
Lithium Universe Ltd

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×