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  • Rock Tech Lithium Sees Wider Graphite Intercepts Than Originally Thought At Lochaber Property 0 comments
    Apr 8, 2013 12:25 PM

    Rock Tech Lithium (CVE:RCK) has unveiled Monday updated drill results for two drill holes from its Lochaber graphite project in Quebec, seeing larger widths of graphite mineralization than before.

    The results from drill holes PB-12-06 and PB-12-07 were originally disclosed last December, but the company said Monday that after interpreting the results, it sent the remaining core intersections not initially submitted to the lab.

    Highlights include 134.97 metres of graphitic carbon (Cg) in three intersections at hole PB-12-06, with grades ranging from 1.66% Cg to 3.22% Cg, including 111 metres at 3.22% Cg, 13 metres at 1.66% Cg, and 10.97 metres at 2.50% Cg.

    In December, the company said the hole intersected 100.50 metres of Cg at various depths.

    Drill Hole PB-12-07 also intersected 57.58 metres of Cg in four intersections, the company said Monday, with grades ranging from 1.92% Cg to 5.13% Cg, including 25.66 metres at 3.16% Cg, 9.32 metres at 2.30% Cg; 8 metres at 5.13% Cg, and 14.60 metres at 1.92% Cg.

    These holes were the first to test the graphite mineralization along electromagnetic conductor "C", which was found during a geophysical survey last September.

    "We are very pleased with the larger widths of graphite mineralization as this enhances our understanding of the underlying geological trend of electromagnetic conductor 'C'," Rock Tech said in its statement today, citing VP of exploration and interim CEO, Afzaal Pirzada.

    "Furthermore, the wider than previously thought intersections will have a positive impact on our resource model and the planned resource estimate."

    The company's geophysical surveys and drill programs have focused exclusively on the Plumbago area of the property, which includes only four of the 32 claims subject to its property option agreement.

    A maiden NI 43-101 resource estimate is being planned for Lochaber, which will be based solely on this Plumbago area.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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