Rock Tech Drills 127.52 metres of 2.21% Graphite at Lochaber
March 12, 2013 (Source: Newswire) Vancouver, BC — 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”. 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-12-20 intersected 7.00 metres of 2.06% graphitic carbon (“Cg”);
- Drill hole PB-12-20A intersected 165.79 metres of Cg at two levels with grades ranging from 1.41% Cg to 2.21% Cg, including 127.52 metres at 2.21% Cg;
- Drill Hole PB-12-21 intersected 14.13 metres of Cg at various depths with grades ranging from 1.68% Cg to 5.79% Cg, including 4.13 metres at 5.79% Cg.
Drill hole PB-12-20 was terminated at a depth of 33 metres and was re-drilled as PB-12-20A at an adjacent location. These drill holes further tested electromagnetic conductor “C” while drill hole PB-12-21 tested the southern extension of electromagnetic conductor “A”.
“The drill results from electromagnetic conductor “C” are showing very promising subsurface widths. We continue to build a 3D model of the graphite mineralization intercepted in trenches and drill holes and will begin resource estimation procedures once the complete set of assay results are received from the lab,” said Afzaal Pirzada, Rock Tech’s Vice President of Exploration and interim CEO.
To date, the Company has received and announced assay results for twenty one drill holes and seven trenches. Assay results for the remaining fourteen drill holes completed during the fourth quarter of 2012 are pending along with resubmitted core samples from the first phase of drilling.
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.
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For additional details, please see the table below:
Drill hole PB-12-20 is located at 474768E, 5055378N (NAD 1983, Zone 18N) with azimuth 84.3⁰ and dip -55.6⁰, drill hole PB-12-20A is located at 474767E, 5055378N (NAD 1983, Zone 18N) with azimuth 108.9⁰ and dip -56.2⁰, drill hole PB-12-21 is located at 475419E, 5055745N (NAD 1983, Zone 18N) with azimuth 91.4⁰ and dip -50⁰. 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.
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.
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