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Monday, 10 September 2012
Rock Tech Lithium updates resource estimate at Georgia Lake
Rock Tech Lithium Inc. (CVE:RCK)(Pink Sheets:RCKTF) Monday updated its NI 43-101-compliant resource estimate at its Georgia Lake project in Ontario.
The estimate, based upon the company’s recently-completed field program, Phase 1 and Phase 2 exploration results and historical exploration data, is 3,190,000 tonnes at 1.10% lithium oxide (Li2O) in the Indicated category and in the Inferred category the resource was 6,310,000 tonnes at 1.00% Li2O.
"Management is very pleased with the results of the recently-completed field program and updated resource estimate at our Georgia Lake lithium project," Rock Tech’s president & CEO Eunho Lee said.
"The data obtained during the recently completed field program resulted in an improvement in the quality of our NI 43-101-compliant resource estimate."
Caracle Creek International Consultants, an independent geological consulting company, prepared the resource estimate using data from 59 drill holes and 436 metres of channel sampling completed by the company in addition to 119 historical drill holes completed by previous operators.
Rock Tech Lithium is a Canadian-based exploration company focused on developing lithium properties.
The company holds 100 percent interests in three lithium properties: the Georgia Lake project in the Thunder Bay Mining District of NW Ontario, the Kapiwak project in the James Bay Region of northern Quebec, and the Lacorne project that surrounds Canada Lithium's lithium mine in the Val d’Or mining district of eastern Quebec.