We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tearlach Resources Limited | TSXV:TEA | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.015 | 0.015 | 0.02 | 0 | 00:00:00 |
Assay Highlights:
Continuity:
Comparison with Previous Results:
Note: Mineralization on adjacent or nearby properties is not indicative of mineralization on the Gabriel Project.
“This is a big step for Tearlach, from the joint venture’s inception to the first drill results within three months, and is a massive credit to the team. Not only have we confirmed the discovery, but our core drilling has established that the grade profile is substantially higher than previously discovered by BRS. These results, along with the wide-spaced step-out holes that remain to be reported, demonstrate the project's high-grade and thick zone potential over a large area. American Lithium and American Battery Technology, also on the Tonopah lithium belt, have emerged as globally significant deposits. With Tearlach’s team seeing many similarities, Gabriel could quickly advance to a similar state of development with a resource planned by year-end,” Morgan Lekstrom, the CEO, explained. “The recheck assay program is a very simple solution developed in collaboration with our resource modellers and geologists that allow us to utilize the BRS program in our resource modelling, again low cost – high impact work.”
Results have been received for two (2) core holes that have been drilled to “twin” a Blackrock Silver rotary hole (the “TN22” holes). A zone of claystone-hosted lithium mineralization is present in both holes. The intercept grade for both holes is higher than the corresponding intercept for the Blackrock Silver-Drilled TN22 holes.
Gabriel-Blackrock Silver Twin Holes
Notes: | 1) 400 ppm Li cut-off grade. | |
2) No recovery intervals internal to an intercept assigned a grade of “ZERO.” | ||
3) The Gabriel core sample intervals closely, but not exactly, conform to the TN22 rotary sample intervals. |
Analytical results for three (3) step-out Gabriel core holes have been received and reported as the following. Lithium mineralization in these three (3) holes is primarily hosted in laminated claystone and locally within gravel interbeds (see photo below).
Notes: 400 ppm Li cut-off grade. Assay results pending for GAB-018 downhole from 300 feet
It is encouraging that the lithium mineralization intersected in these holes expands the footprint of drilled mineralization into the western portion of the Gabriel property.
The core boxes below display the lithology and corresponding lithium grades for four (4) of the five (5) drill holes reported here, with each hole represented by one core box.
Gabriel Phase 1 Drill Hole Location Map
Assay Procedures:
The procedures utilized for handling the drill core and analysis of samples are as follows:
TEA geologists have identified 650 samples (3,250 feet of drilling) from TN22 holes that are candidates for check assaying (re-assay pulps). The addition of this data to the GAB drilling dataset, at a low relative cost, will expand the extent of data around the perimeter of GAB holes and increase the density of data internal to the GAB drill pattern. A set of 28 intact core samples have been collected for bulk density measurement. The determinations will be conducted by the ALS Laboratory in Reno, Nevada. The bulk density values will be directly utilized for resource model calculations.
Qualified Person:
Mr. David Flint, CPG with AIPG., Director of the subsidiary Pan Am Lithium (Nevada) Corp, and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.
About Tearlach:
Tearlach, a member of the TSX Venture 50, is a Canadian exploration company engaged in acquiring, exploring, and developing lithium projects. Tearlach has a Joint Venture agreement with Blackrock Silver on the Gabriel project in Tonopah, Nevada, bordering American Lithium's TLC Deposit, and has completed 11 drill holes on the Gabriel Property. Tearlach has three lithium assets in Ontario: Final Frontier, Georgina Stairs and New Frontier. Final Frontier is located adjacent to and near Frontier Lithium’s PAK lithium deposit north of Red Lake. Georgina Stairs is located northeast of Rock Tech Lithium’s Georgia Lake deposit near Beardmore. Tearlach has two lithium assets in Quebec: Rose-Fliszar-Muscovite Project in the James Bay area and Shelby Project adjacent to and near Patriot Battery Metals’ Corvette lithium project and Winsome Resources’ Cancet and Adina lithium projects. Tearlach also has the Savant Property, an exploration stage Gold-Silver-Copper Property, in Northwestern Ontario. Tearlach's primary objective is to position itself as North America's leading lithium exploration and development company. For more information, please get in touch with the Company at info@tearlach.ca or visit our website at www.tearlach.ca for project updates and related background information.
ON BEHALF OF THE BOARD OF DIRECTORS,TEARLACH RESOURCES LIMITED.
Morgan LekstromChief Executive OfficerSuite 610 - 700 W. Pender StreetVancouver, BC, Canada V6C 1G8 Tel: 604-688-5007
Follow us on Facebook, Twitter, and LinkedIn.
Forward-looking statements
This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, “forward-looking statements”). Statements and information that are not historical facts are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible” and similar expressions or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be achieved. Forward-looking statements and the assumptions made in respect thereof involve known and unknown risks, uncertainties, and other factors beyond the Company’s control. Forward-looking statements in this press release include statements regarding beliefs, plans, expectations or intentions of the Company. Mineral exploration is highly speculative and characterized by several significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate. Forward-looking statements in this press release are made as of the date herein. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this press release are reasonable, undue reliance should not be placed on such statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise, except as may be required by law.
Neither the TSX Venture Exchange nor its Regulation Service provided (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Photos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/db562c45-da20-442f-b2d7-a5762d498d5ehttps://www.globenewswire.com/NewsRoom/AttachmentNg/2fa70140-b1eb-4cfb-bb1f-c60b43cf3c30https://www.globenewswire.com/NewsRoom/AttachmentNg/5487a84a-5cda-45a3-b8bb-9bdfc7051abdhttps://www.globenewswire.com/NewsRoom/AttachmentNg/7bd0e3fd-f9a7-4f1f-8db7-19f09173cf06
1 Year Tearlach Resources Chart |
1 Month Tearlach Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions