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Be the first with the news that moves the market- Tearlach Resources (TEA) has engaged TonaTec Exploration to conduct the phase 1 core drill program at the Gabriel Project in Nevada
- The 19-hole program will drill to a maximum depth of 200 metres
- Permits with the Bureau of Land Management have been submitted with expected mobilization later this month
- Tearlach is a Canadian exploration company engaged in the acquisition, exploration, and development of lithium projects
- Tearlach Resources (TEA) was down 3.52 per cent, trading at $1.92 per share
Tearlach (TEA) has engaged TonaTec Exploration to conduct phase 1 drilling at the Gabriel Project in Nevada.
This is the first phase of a total 3,000 metre core drill program. The team plans to re-drill several past holes with core drilling to perform concurrent metallurgical testing and understand geological constraints.
The 19-hole program will drill to a maximum depth of 200 metres. Permits with the Bureau of Land Management have been submitted with expected mobilization later this month.
Based out of Elko Nevada, TonaTec has experience operating in the Tonopah area. A collaborative relationship with Blackrock Silver (TSXV:BRC) has created operational and contractor synergies for both companies.
CEO Morgan Lekstrom commented,
“From signing the initial joint venture and engaging a world-class team of geologists with significant clay lithium experience, to permitting and anticipated drilling to commence all within two months, this shows the commitment the entire team has to advance The Gabriel Project.”
“We plan to expand on the original discovery in what is becoming a leading lithium district with American Lithium and American Battery Metals Corp, which are companies with significant market caps and our neighbors. Both companies have seen significant shareholder value creation, and we believe we can come out as a leader in the area through our accelerated programs, geological team, as well as a unique engineering approach.”
Tearlach is a Canadian exploration company engaged in the acquisition, exploration, and development of lithium projects.
Tearlach Resources (TEA) was down 3.52 per cent, trading at $1.92 at 9:45 am ET.
