Tearlach Reports Initial Gabriel Project Drill Results with Each Drill Hole intercepting grades over +1,000 PPM Lithium in Claystone and Thick Zones of mineralization
April 18 2023 - 7:00AM
Tearlach Resources Limited (TSXV: TEA) (OTC: TELHF)
(FRANKFURT: V44) (“Tearlach” or the “Company”) announce
the rush assay results for the first set of five (5) out of the
eleven (11) holes on the Gabriel Project Phase 1 drilling program.
The drill holes contained broad mineralization zones, with
intervals exceeding 1,000 ppm lithium and grades up to 1,460 ppm.
The twinned drill holes showed grades up to 85% higher than the
Blackrock Silver (“BRS”) program in the mineralized zones.
Assay Highlights:
- Each of the five (5) drill holes encountered over 1,000
ppm lithium with thick zones of mineralization, with
assays from six (6) drill holes pending.
- The longest intercept of lithium mineralization for the five
(5) holes is 146.6 feet - Hole - 009.
- Highest primary intercept grade is 802 ppm Li over 61
feet - Hole - 018.
- The highest grade for an “Included intercept” is 1,196
ppm lithium over 33.3 feet, including 1,460 ppm - Hole -
012.
- Each hole returned multiple assay values (total of 15) >
1,000 ppm Li, with the highest value being
1,460 ppm.
Continuity:
- Geological Continuity of claystone stratigraphy in all drill
holes.
- 4.12 km2 was drilled in this initial drilling campaign.
- The reported drill core holes are within a general area of 1.5
kilometers x 2.75 kilometers.
Comparison with Previous
Results:
- The lithium intercepts confirm BRS's discovery, and the Gabriel
twin holes' confirmation drilling yielded grades 40-85%
higher than the corresponding Blackrock Silver holes.
- The continued discrepancy between the TEA and BRS assays
justifies a comprehensive re-assay program for BRS TN22 drill hole
pulps, with results to be utilized in future resource
estimation.
- Bordering American Lithium Corp.’s TLC deposit, Gabriel shows
similar lithium-bearing lithologic horizons and similar potential
to host a significant lithium deposit immediately adjacent to a
major highway, US95, and just outside of the town of Tonopah. There
is no assurance that mineralization comparable in size or scale to
that on adjacent properties will be discovered on Gabriel.
Note: Mineralization on adjacent or nearby properties is not
indicative of mineralization on the Gabriel Project.
“This is a big step for Tearlach, from the joint
venture’s inception to the first drill results within three months,
and is a massive credit to the team. Not only have we confirmed the
discovery, but our core drilling has established that the grade
profile is substantially higher than previously discovered by BRS.
These results, along with the wide-spaced step-out holes that
remain to be reported, demonstrate the project's high-grade and
thick zone potential over a large area. American Lithium and
American Battery Technology, also on the Tonopah lithium belt, have
emerged as globally significant deposits. With Tearlach’s team
seeing many similarities, Gabriel could quickly advance to a
similar state of development with a resource planned by year-end,”
Morgan Lekstrom, the CEO, explained. “The recheck assay program is
a very simple solution developed in collaboration with our resource
modellers and geologists that allow us to utilize the BRS program
in our resource modelling, again low cost – high impact work.”
Results have been received for two (2) core
holes that have been drilled to “twin” a Blackrock Silver rotary
hole (the “TN22” holes). A zone of claystone-hosted lithium
mineralization is present in both holes. The intercept grade for
both holes is higher than the corresponding intercept for the
Blackrock Silver-Drilled TN22 holes.
Gabriel-Blackrock Silver Twin
Holes
|
Notes: |
1) 400 ppm Li
cut-off grade. |
|
|
2) No recovery intervals internal to an intercept assigned a
grade of “ZERO.” |
|
|
3) The Gabriel core sample intervals closely, but not exactly,
conform to the TN22 rotary sample intervals. |
Analytical results for three (3) step-out
Gabriel core holes have been received and reported as the
following. Lithium mineralization in these three (3) holes is
primarily hosted in laminated claystone and locally within gravel
interbeds (see photo below).
Notes: 400 ppm Li cut-off grade. Assay results
pending for GAB-018 downhole from 300 feet
It is encouraging that the lithium
mineralization intersected in these holes expands the footprint of
drilled mineralization into the western portion of the Gabriel
property.
The core boxes below display the lithology and
corresponding lithium grades for four (4) of the five (5) drill
holes reported here, with each hole represented by one core
box.
Gabriel Phase 1 Drill Hole Location
Map
Assay Procedures:
The procedures utilized for handling the drill core and analysis
of samples are as follows:
- Core boxes transported daily from the drill rig to the BRS core
logging facility in Tonopah, Nevada, by either the drill crew or
TEA geologists,
- Initial logging of the core conducted by the TEA geologists,
including for rock type, percent recovery and rock quality,
- Sample intervals marked,
- Certified Reference Material (CRM) pulps, coarse blank, and
blank pulps inserted into the sample set,
- Photographed each box of core,
- Core boxes transported from the Tonopah logging facility to the
ALS Laboratory located in Reno, Nevada, by either ALS contracted
drivers or by TEA geologic staff,
- Core cut and sampled by ALS staff,
- Samples dried, weighed, crushed, pulverized, and split by
ALS,
- Samples subjected to a 4-acid digestion and analyzed by ICP
(ME-ICP61) by ALS,
- Chain of custody and security maintained throughout the
material handling and analytical processes.
TEA geologists have identified 650 samples
(3,250 feet of drilling) from TN22 holes that are candidates for
check assaying (re-assay pulps). The addition of this data to the
GAB drilling dataset, at a low relative cost, will expand the
extent of data around the perimeter of GAB holes and increase the
density of data internal to the GAB drill pattern. A set of 28
intact core samples have been collected for bulk density
measurement. The determinations will be conducted by the ALS
Laboratory in Reno, Nevada. The bulk density values will be
directly utilized for resource model calculations.
Qualified Person:
Mr. David Flint, CPG with AIPG., Director of the
subsidiary Pan Am Lithium (Nevada) Corp, and a Qualified Person as
defined by National Instrument 43-101 – Standards of Disclosure for
Mineral Projects, has reviewed and approved the scientific and
technical information contained in this news release.
About Tearlach:
Tearlach, a member of the TSX Venture 50, is a
Canadian exploration company engaged in acquiring, exploring, and
developing lithium projects. Tearlach has a Joint Venture agreement
with Blackrock Silver on the Gabriel project in Tonopah, Nevada,
bordering American Lithium's TLC Deposit, and has completed 11
drill holes on the Gabriel Property. Tearlach has three lithium
assets in Ontario: Final Frontier, Georgina Stairs and New
Frontier. Final Frontier is located adjacent to and near Frontier
Lithium’s PAK lithium deposit north of Red Lake. Georgina Stairs is
located northeast of Rock Tech Lithium’s Georgia Lake deposit near
Beardmore. Tearlach has two lithium assets in Quebec:
Rose-Fliszar-Muscovite Project in the James Bay area and Shelby
Project adjacent to and near Patriot Battery Metals’ Corvette
lithium project and Winsome Resources’ Cancet and Adina lithium
projects. Tearlach also has the Savant Property, an exploration
stage Gold-Silver-Copper Property, in Northwestern Ontario.
Tearlach's primary objective is to position itself as North
America's leading lithium exploration and development company. For
more information, please get in touch with the Company at
info@tearlach.ca or visit our website at www.tearlach.ca for
project updates and related background information.
ON BEHALF OF THE BOARD OF
DIRECTORS,TEARLACH RESOURCES LIMITED.
Morgan LekstromChief Executive OfficerSuite 610 - 700 W. Pender
StreetVancouver, BC, Canada V6C 1G8 Tel: 604-688-5007
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Forward-looking statements
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statements and forward-looking information within the meaning of
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the Company. Mineral exploration is highly speculative and
characterized by several significant risks, which even a
combination of careful evaluation, experience and knowledge may not
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made as of the date herein. Although the Company believes that the
assumptions and factors used in preparing the forward-looking
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Neither the TSX Venture Exchange nor its Regulation Service
provided (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.Photos accompanying this announcement
are available
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