Tuesday, 19 March 2013

Rock Tech Lithium hits 50 metres of over 3% graphite at Lochaber

Rock Tech Lithium (CVE:RCK) released Monday results for two more drill holes from its program late last year at its Lochaber graphite property in Quebec, seeing more high grades at widths of up to 165 metres. 
The 4,600 metre drill program, which included both step out and infill drilling, focused mainly on electromagnetic conductors 'A' and 'C', which were found in a geophysical survey last September. 
The results announced Monday included hole PB-12-22, which intersected 84.56 metres of graphitic carbon (Cg) at various depths, with grades from 1.11% Cg to 4.42% Cg, including 50 metres at 3.08% Cg. 
Hole PB-12-23 also hit 117.99 metres of graphitic carbon, with grades ranging from 1.3% Cg to 3.63% Cg, including 5.37 metres at 3.63% Cg, 43.08 metres at 2.28% Cg and 41.02 metres at 2.45% Cg. 
Both holes were on electromagnetic conductor 'C'.
"To date, we have traced the graphite mineralization of electromagnetic conductor 'C' for 600 metres along strike with widths ranging from 29 metres to 165 metres," said VP of exploration for Rock Tech, and current interim CEO, Afzaal Pirzada. 
"While this conductor is constrained to the south by our property boundary, it remains open to the north and at depth."
The company is also expecting preliminary data from metallurgical tests, he added, which will define the flake size distribution and purity of the mineralized zones delineated on electromagnetics conductors 'A' and 'C'.
So far, the company has received results for 23 drill holes and seven trenches, with results from the final 12 holes completed late last year still pending. 
The company's geophysical surveys and drill programs have focused exclusively on the Plumbago area of the property, which includes only four of the 32 claims subject to the property option agreement.
A maiden NI 43-101 resource estimate is being planned for Lochaber, which will be based solely on this area.

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