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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 24.99 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Post by mystockcafeon Feb 03, 2010 3:24pm
338 Views
Post# 16749034

nr

nrjust got this from Eric:



NEWS RELEASE


341 ppm (g/t) Ta2O5 over 6.4 metres in Hole LR-09-03

February 3, 2010 Laval, Quebec –First Gold Exploration Inc. (TSX-V: EFG) (FSE: F12) is pleased to release new analysis results for tantalum. These results confirm that zones with significant tantalum grades have been intersected by drilling. The table below summarizes the results for Hole LR-09-03.

Final results are as follows:


HOLE
FROM
TO
LENGTH
TRUE WIDTH
Li20
Rb
Ta
Ta2O5
No.
(m)
(m)
(m)
(m)
(%)
ppm (g/t)
ppm (g/t)
ppm (g/t)
LR-09-03 including
2.2
2.2
76.2
8.6
5.8
80.5
6.4
3.6
4.3
4.53
2.55
3.72
0.7
1.2
0.1
1,982
2,271
2,217
280
194
164
341
237
200
1 ppm = 1 g/t


Information about Tantalum from USGS :

https://www.firstgoldexploration.com/PDF/Tantalum.pdf

For reference, the tantalum grades of Miniere du Nord’s Anita deposit are of 181 ppm Ta205.

The Company is impatiently awaiting results for the other holes, which are expected shortly and will be released as soon as possible.

The Company has received $1,041,600 from the exercise of warrants and options in recent months, and is in an excellent financial position to meet its commitments.

Samples were sent for analysis in sealed containers to the Chemex laboratory in Val-d’Or by employees of the Company. Chemex is the laboratory used for analysis of all samples from programs on the Lac Pivert/Rose property. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separation and pulverized to 85% passing 75 µm.All samples are analyzed using ICP-MS, with full analysis for 47 elements.

Jean-Sebastien Lavallee (OGQ #773), a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release. Mr. Lavallee has over 15 years of exploration experience in Canada, having worked as a consultant for numerous exploration companies through Consul-Teck Exploration Inc.

For more information, contact:
For financial matters:
Eric Leboeuf
President and Chief Executive Officer
president@firstgoldexploration.com
www.firstgoldexploration.com

For geological questions:
Jean-Sébastien Lavallée, P.Geo
Consul-Teck Exploration Inc.
jslavallee@consul-teck.com



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 release

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