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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 jtrealisticon Mar 16, 2010 1:46pm
203 Views
Post# 16888591

Good news but not that significant

Good news but not that significant
First Gold Exploration Inc.: Drilling Continues to Intercept the Mineralized Zone

LAVAL, QUEBEC--(Marketwire - March 16, 2010) - First Gold Exploration Inc. (TSX VENTURE:EFG) (FRANKFURT:F12) is pleased to report that two new drill holes have been completed on its Lac Pivert/Rose property. The two holes drilled to date have extended the zone another 30 metres south. The ground crew has also identified a zone mineralized in spudomene and lepidolite about 80 metres south of Hole LR-09-10. Hole LR-10-11 was drilled vertically at the same location as Hole LR-09-10 to test the structural interpretation. Hole LR-10-11 confirmed that the mineralized zone is horizontal. The team of geologists is in the process of logging the core and sampling the mineralized zone. The samples will be sent to the ALS Chemex laboratory in the coming days. The drilling crew continues to work at the rate of 1 to 2 holes per day. A map showing the location of the initial 25 drill holes planned and the two holes drilled to date is posted on the Company's website at www.firstgoldexploration.com. The hole locations may be changed depending on the geology intersected in the initial holes. The mineralized intersections are shown in the table below. Photos of the mineralized intersections will be posted on the Company's website sometime today.

HOLE No. FROM (m) TO (m) DESCRIPTION ------------------------------------------------------------------ LR-10-11 19.00 28.00 Spodumene and lepidolite pegmatite ------------------------------------------------------------------ LR-10-11 70.75 75.00 Spodumene and lepidolite pegmatite ------------------------------------------------------------------ LR-10-12 11.60 22.60 Spodumene and lepidolite pegmatite ------------------------------------------------------------------ LR-10-12 72.00 76.00 Spodumene and lepidolite pegmatite ------------------------------------------------------------------

"I am pleased that the mineralized zones have been traced over a surface area of 100 metres by 150 metres with an average thickness of about 10 metres," saidEric Leboeuf, President of First Gold.

Jean-Sebastien Lavallee (OGQ #773), geologist, a director of the Company and a Qualified Person under NI 43-101, has reviewed and approved the technical content of this release.

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.

FOR FURTHER INFORMATION PLEASE CONTACT: First Gold Exploration Inc.Eric Leboeuf President and Chief Executive Officer 514-862-6889 president@firstgoldexploration.comwww.firstgoldexploration.com Source: First Gold Exploration inc.

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