VANCOUVER, July 26, 2017 /CNW/ - Rock Tech Lithium
Inc. (the "Company" or "Rock Tech") (TSX-V: RCK; Frankfurt: RJIB) is pleased to announce the commencement of a field sampling
program in the Parole Lake area of its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of
Northwest Ontario, Canada.
Martin Stephan, Chief Executive Officer of Rock Tech, commented, "The Parole Lake region of the
Georgia Lake lithium property hosts at least six lithium-bearing pegmatites and represents an exciting area for growth. We
recently completed seven drill holes on one of the lithium-bearing pegmatites in this region, with one of the drill holes
intersecting 11.65 metres with an average grade of 1.53% lithium oxide (see company press release dated June 29, 2017). This drill program successfully followed up the channel sampling program which showed lithium
oxide mineralization up to 2.69% on surface (see company press release dated May 3, 2017). The
field program now underway will be aimed at sampling the other known lithium-bearing pegmatites while searching for new,
previously undiscovered or unreported pegmatite dykes."
Parole Lake Region
The Parole Lake region of the Georgia Lake lithium property hosts at least six lithium-bearing pegmatites. One of them, the
Parole Lake No. 4, was the site of recent drilling and channeling and has an historic resource estimate of 1.5 million tonnes
grading 1.30% Li2O (Pye, 1965); however, the historical estimate does not use the categories set out in sections 1.2 and 1.3 of
NI 43-101 and a Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources or
mineral reserves. As a result, the Parole Lake pegmatite is not included in Rock Tech's NI 43-101 resource estimate.
The results from the recent channel program confirmed the presence of high-grade lithium mineralization on surface with a
sample showing an average grade of 1.89% Li2O over 4.22 metres, including 2.69% Li2O over 1.03 metres. The recently completed
drill program, with one intersection averaging 1.53% Li2O over 11.65 metres, confirmed lithium mineralization at depth, provided
a better understanding of the geometry of the lithium-bearing pegmatite and will greatly enhance the efficacy of future drill
programs.
Any samples collected during the field program will be submitted to and analyzed by Actlabs, an ISO 9001:2008 certified
analytical laboratory located in Geraldton, Ontario.
All scientific and technical information in this news release concerning the Georgia Lake lithium property was reviewed and
prepared under the supervision of Locke B. Goldsmith, P.Eng., P.Geo., an independent Qualified
Person to Rock Tech.
About Rock Tech Lithium:
Rock Tech Lithium is an exploration company focused on acquiring and exploring properties in the field of lithium and other
selected battery metals.
Rock Tech is the only exploration company in the Georgia Lake region with an NI 43-101 resource estimate. The resource
estimate shows an indicated resource estimate of 3.19 million tonnes grading 1.10% lithium oxide in addition to an inferred
resource estimate of 6.31 million tonnes grading 1.00% lithium oxide. Further, the Company has completed metallurgical testing on
a bulk sample demonstrating the ability to produce both a high-grade spodumene concentrate and battery-grade lithium carbonate
("Li2CO3"). The spodumene-bearing pegmatites of the Georgia Lake area were originally discovered in 1955.
To view photos, videos and maps from the ongoing exploration program, please use the following link: http://rocktechlithium.com/ongoing-exploration-program/
On behalf of the Board of Directors of the Company,
"Martin Stephan"
Martin Stephan
Director, Chief Executive Officer
Neither 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.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are
not historical in nature are intended to be, and are hereby identified as, "forward‐looking statements". Forward‐looking
statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar
expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to
the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual
results to differ materially from those indicated in the forward‐looking statements.
SOURCE Rock Tech Lithium Inc.
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