Rock Tech Drills 23.03 metres of 3.95% Graphite at Lochaber
(via Thenewswire.ca)
Vancouver, British Columbia, Canada, January 22, 2013 - Rock Tech Lithium Inc. (TSX-V: RCK; Frankfurt: RJIA) (the "Company" or "Rock Tech") announces the first set of assay results from the drill program it announced on December 10, 2012. This planned 4,600 metre drill program includes both step-out and in-fill drill holes and focuses 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-12-14 intersected 59.48 metres of graphitic carbon ("Cg") at various depths with grades ranging from 1.52% Cg to 14.61% Cg, including 13.59 metres at 2.08% Cg, 9.18 metres at 4.78% Cg, 3.59 metres at 9.54% Cg and 2.91 metres at 3.71% Cg, and;
-Drill Hole PB-12-15 intersected 61.73 metres of Cg at various depths with grades ranging from 1.65% Cg to 5.03% Cg, including 23.03 metres at 3.95% Cg, 8.76 metres at 5.03% Cg, 5.00 metres at 2.17% Cg and 2.26 metres at 3.92% Cg.
"We are very pleased with the successful completion of additional step-out and in-fill drilling at our Lochaber graphite property. Since October 2012, the Company has completed over 7,000 metres of drilling which will form the basis of a maiden NI 43-101 resource estimate. The graphite zones of the Plumbago mine area begin at the surface and have thus far been traced to a depth of over 150 metres," said Afzaal Pirzada, Rock Tech's Vice President of Exploration and interim CEO.
To date, the Company's geophysical surveys and drill programs have focused exclusively on the Plumbago area of the property which includes only four of the thirty-two claims subject to the property option agreement. The maiden NI 43-101 resource estimate will be based solely on this area. Surface samples taken from the Kelly, McLaren and Burke areas of the property returned graphite results up to 22%.
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|Depth From|Depth To|Width |Graphite|Geophysical|
| | | | | |Conductor |
| |-----------------------------------| |
| |Metres |Metres |Meters|% | |
|-------------------------------------------------------------|
|PB-12-14 |4.55 |29.38 |24.83 |1.57 |A |
|-------------------------------------------------| |
|? |60.05 |62.96 |2.91 |3.71 | |
|-------------------------------------------------| |
|? |69.00 |72.59 |3.59 |9.54 | |
|-------------------------------------------------| |
|Including |70.00 |72.00 |2.00 |14.61 | |
|-------------------------------------------------| |
|? |77.35 |86.53 |9.18 |4.78 | |
|-------------------------------------------------| |
|? |125.85 |139.44 |13.59 |2.08 | |
|-------------------------------------------------| |
|? |187.09 |188.47 |1.38 |2.49 | |
|-------------------------------------------------| |
|? |249.57 |253.57 |4.00 |1.52 | |
|-------------------------------------------------------------|
|PB-12-15 |11.97 |35.00 |23.03 |3.95 |A |
| |-----------------------------------| |
| |49.69 |62.23 |12.54 |1.65 | |
| |-----------------------------------| |
| |69.00 |71.26 |2.26 |3.92 | |
| |-----------------------------------| |
| |75.50 |81.35 |5.85 |1.77 | |
| |-----------------------------------| |
| |82.97 |87.26 |4.29 |1.52 | |
| |-----------------------------------| |
| |91.28 |96.28 |5.00 |2.17 | |
| |-----------------------------------| |
| |113.00 |121.76 |8.76 |5.03 | |
---------------------------------------------------------------
Note: The true thickness of the drill intersection may be less than the reported intervals
Drill hole PB-12-14 is located at 475369E, 5055828N (NAD 1983, Zone 18N) with azimuth 98.1? and dip -51.4? and drill hole PB-12-15 is located at location 475432E, 5055984N (NAD 1983, Zone 18N) with azimuth 109.1? and dip -50.4?.
The technical information contained in this news release has been reviewed by Afzaal Pirzada, P.Geo., Vice President, 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, Interim President and CEO, VP of Exploration
For more information, please contact:
Brad Barnett
Controller and Senior Manager, Business Affairs
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.
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