The Forgan Lake Property, which is comprised of one 256 hectare claim block (16
units), is located 125 km northeast of Thunder Bay, Ontario. The Property, host to
six known rare-metal pegmatites, is part of the Georgia Lake Pegmatite Field
(“PF”, an area of considerable lithium and other rare-metals exploration since its
discovery in the mid-1950s. Of the six previously identified pegmatites, four known
as the No. 1, No. 2, No.3 and No. 4 pegmatite, were explored on surface and
subsequently drilled in 1955 by Lun-Echo. Channel sample results reported by Lun-
Echo include: 2.57% Li2O over 6.4 metres, 4.23% Li2O over 7.5 metres and 1.98%
Li2O over 7.6 metres from the No. 1 Pegmatite. Channel samples collected during
the TNR’ 2009 exploration work on the property confirmed grades and widths
comparable to the ones reported by Lun Echo (TNR’ news release dated Oct. 5,
2009) and delineated several areas of interest in terms of pegmatite potential.
John Harrop, P.Geo., FGS, is TNR’ qualified person on the project as required under
NI 43-101 and has reviewed the technical information contained in this press
release.
Forgan Lake Option
Pursuant to the Forgan Lake Option, Cricket can earn a 60-per-cent undivided
interest in the Forgan Lake property from TNR by incurring $1 million in
exploration expenditures, making cash payments to TNR of $300,000 and issuing
600,000 shares to TNR over a four year period. For further details please refer to
the Company’ news release on March 15, 2010.
ON BEHALF OF THE BOARD OF DIRECTORS
“Sonny Chew”
Sonny Chew, President