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Be the first with the news that moves the market- Rock Tech (RCK) has mobilized a diamond drill rig to its Georgia Lake Lithium Project in Ontario
- The company intends to increase the resources on the project with a focus on the Main Zone North and McVittie deposits
- The mineral resource estimate in the prefeasibility study for Georgia Lake outlines 10.60 mt of indicated resources at 0.88 per cent Li2O and 4.22 mt of inferred resources at 1 per cent Li2O
- Rock Tech is a cleantech company assembling a closed-loop system to produce lithium hydroxide for electric vehicle batteries
- Rock Tech Lithium (RCK)
Rock Tech (RCK) has mobilized a diamond drill rig to its Georgia Lake Lithium Project.
The company intends to increase the resources on the project, which is located in Ontario’s Thunder Bay Mining District, beginning with a 3,500 m phase-1 program aimed at expanding the spodumene mineralization at the Main Zone North (MZN) and McVittie deposits.
The MZN deposit currently contains the largest mineral resource within the Georgia Lake Pegmatite Field.
The McVittie deposit comprises three spodumene dikes mapped for more than 600 m of strike length. It currently has an inferred resource of 1 Mt at 1 per cent Li2O and is open at depth and along strike in both directions.
The mineral resource estimate in the prefeasibility study for the Georgia Lake Property outlines 10.60 mt of indicated resources at 0.88 per cent Li2O and 4.22 mt of inferred resource at 1 per cent Li2O.
“I expect that our exploration program will lead to a sizeable increase of our resource over the next year,” stated Dirk Harbecke, Rock Tech’s CEO.
Rock Tech is a cleantech company assembling a closed-loop system to produce lithium hydroxide for electric vehicle batteries.
Rock Tech Lithium (RCK) last closed at $2.58 per share.
