Rock Tech Drills 89.50 metres of 2.96% Graphite at Lochaber
15.05.2013 | The Newswire
Vancouver, British Columbia, Canada, May 15, 2013 - Rock Tech Lithium Inc. (TSX-V: RCK; Frankfurt: RJIA) (the "Company" or "Rock Tech") announces additional assay results from the drill program it announced on December 10, 2012. This planned 4,600 metre drill program included both step-out and in-fill drill holes and focused primarily on electromagnetic conductors 'A' and 'C'. A few other conductors and magnetic anomalies were also tested during this drill program. The electromagnetic conductors were identified on the Plumbago area of the property during geophysical surveys in September, 2012 (click here to view a map).Highlights of these assay results include:
- Drill hole PB-12-27A intersected 29.11 metres of graphitic carbon ("Cg") in four intersections with grades ranging from 2.07% Cg to 4.84% Cg, including 9.35 metres at 4.84% Cg, and 9.34 metres at 3.37% Cg;
- Drill hole PB-12-32 intersected 16.70 metres at 2.62 % Cg;
- Drill Hole PB-12-33 intersected 31 metres at 1.34% Cg; and,
- Drill hole PB-12-34 intersected 148.05 metres Cg in two intersections with grades ranging from 1.16% Cg to 10.92% Cg, including 89.50 metres at 2.96% Cg;
"These assay results demonstrate the continuation of the graphite mineralization to the north along electromagnetic conductor 'A'. Subsequent drill programs will test the northern extension of this conductor as the mineralization remains open along strike and at depth," said Afzaal Pirzada, Rock Tech's Vice President of Exploration and interim CEO.
To date, the Company has received and announced assay results for thirty drill holes and seven trenches. Assay results for the final five drill holes completed during the fourth quarter of 2012 are pending.
Quality Assurance/Quality Control
All core samples are logged and split by wet diamond saw with half sent to the lab for analysis and half stored securely on site. The core sample lengths typically average 1 metre but vary depending on geological boundaries. Additional QA/QC procedures include inserting blanks and standards into the core sample stream at industry standard intervals with duplicate core samples taken at intervals of twenty. Core samples are prepped and analyzed by Global Mineral Research Limited in Burnaby, British Columbia. During analysis, the core samples are dried, pulverized, leached and roasted at 450? Celsius and 1200? Celsius with measured weights taken between double ignitions. The laboratories also conduct duplicate and internal standard samples at intervals of ten as part of their QA/QC program.
For additional details, please see the table below:
-----------------------------------------------------------------
|Drill Hole ID|Length From|Length To|Width |Graphite|Geophysical|
| | | | | |Conductor |
| |-------------------------------------| |
| |Metres |Metres |Metres|% | |
|---------------------------------------------------------------|
|PB-12-27A |6.20 |11.25 |5.05 |2.07 |A |
| |-------------------------------------| |
| |32.50 |41.85 |9.35 |4.84 | |
| |-------------------------------------| |
| |53.30 |62.64 |9.34 |3.37 | |
| |-------------------------------------| |
| |106.92 |112.29 |5.37 |2.33 | |
|---------------------------------------------------------------|
|PB-12-32 |59.50 |76.20 |16.70 |2.62 |C |
|---------------------------------------------------------------|
|PB-12-33 |145.00 |176.00 |31.00 |1.34 |A |
|---------------------------------------------------------------|
|PB-12-34 |19.93 |78.48 |58.55 |1.16 |A |
|---------------------------------------------------| |
|including |69.50 |78.48 |8.98 |4.02 | |
|---------------------------------------------------| |
|? |154.50 |244.00 |89.50 |2.96 | |
|---------------------------------------------------| |
|including |158.50 |161.58 |3.08 |10.92 | |
|---------------------------------------------------| |
|including |196.80 |210.00 |13.20 |8.15 | |
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Note: The true thickness of the drill intersection may be less than the reported intervals
Drill hole PB-12-27A is located at 475476E, 5056342N (NAD 1983, Zone 18N) with azimuth 91.9º and dip -51.5º, drill hole PB-12-32 is located at 474893E, 5055831N (NAD 1983, Zone 18N) with azimuth 98.7º and dip -48.5º, drill hole PB-12-33 is located at 475599E, 5056564N (NAD 1983, Zone 18N) with azimuth 116.2º and dip -51.3º, and drill hole PB-12-34 is located at 475640E, 5056399N (NAD 1983, Zone 18N) with azimuth 292º and dip -47.1º .
The technical information contained in this news release has been reviewed by Afzaal Pirzada, P.Geo., Vice President of Exploration and interim CEO of the Company and a Qualified Person as defined in NI 43-101.
On behalf of the Board of Directors,
"Afzaal Pirzada"
Afzaal Pirzada, P.Geo.
Director, Vice President of Exploration and interim CEO
For more information, please contact:
Brad Barnett
Vice President of Corporate Finance and Development
Rock Tech Lithium Inc.
789 West Pender Street, Suite 1205
Vancouver, B.C., V6C 1H2
Telephone: (604) 688-1140
Facsimile: (604) 688-1173
Email: bbarnett@rocktechlithium.com
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
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 or accuracy of this press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
