Rock Tech Assays 2.84% Graphite over 106 metres at Lochaber
(via Thenewswire.ca)
Vancouver, British Columbia, Canada, February 19, 2013 - Rock Tech Lithium Inc. (TSX-V: RCK) (the "Company" or "Rock Tech") announces the remaining assay results from the channels completed at the Lochaber graphite project during the fourth quarter of 2012. These four channels were cut on electromagnetic conductor "A" with the aim of establishing the surface continuity of the graphite mineralization encountered during the drill program.
"These results have exceeded our internal estimates, especially with respect to trench PB12-TR-A2. This trench, intersecting a wide graphite zone of 106 metres grading 2.84% graphite including smaller intersections of 31 metres at 4.02% graphite and 15 metres at 4.17% graphite, suggests that the surface footprint of the graphite discovery is much wider than previously thought," said Afzaal Pirzada, Rock Tech's Vice President of Exploration and interim CEO.
The Company has been actively exploring its Lochaber graphite property, in the Buckingham region of Quebec, since its acquisition in early 2012. During the fourth quarter of 2012, Rock Tech completed over 7,000 metres of drilling and completed seven trenches. To date, the Company has received and announced assays for each trench along with 3,000 metres of core samples. The assays for the remaining 4,000 metres of core samples are pending.
Recent exploration programs have focused exclusively on four contiguous claims in the southern area of the property near the past producing Plumbago mine. While surface samples from this area of the property returned up to 13.60% graphitic carbon ("Cg"), surface samples from other areas of the property returned up to 22% Cg.
For assay details, please see the table below:
--------------------------------------------------------------
|Trench ID |Length From|Length To|Width |Graphite|Geophysical|
| | | | | |Conductor |
| |-------------------------------------| |
| |Metres |Metres |Meters|% | |
|------------------------------------------------------------|
|PB12-TR-A1|0.00 |7.00 |7.00 |4.33 |A |
| |-------------------------------------| |
| |8.70 |14.70 |6.00 |6.75 | |
| |-------------------------------------| |
| |31.50 |48.50 |17.00 |3.17 | |
| |-------------------------------------| |
| |57.80 |76.80 |19.00 |2.30 | |
| |-------------------------------------| |
| |76.80 |86.80 |10.00 |2.14 | |
|------------------------------------------------------------|
|PB12-TR-A2|0.00 |7.00 |7.00 |2.54 |A |
| |-------------------------------------| |
| |9.00 |11.00 |2.00 |6.29 | |
| |-------------------------------------| |
| |30.00 |45.00 |15.00 |2.95 | |
| |-------------------------------------| |
| |74.00 |180.00 |106.00|2.84 | |
|------------------------------------------------------------|
|including |79.00 |94.00 |15.00 |4.17 |? |
|------------------------------------------------------------|
|including |114.00 |145.00 |31.00 |4.02 |? |
|------------------------------------------------------------|
|PB12-TR-A3|0.00 |6.00 |6.00 |2.31 |A |
| |-------------------------------------| |
| |8.50 |14.50 |6.00 |2.75 | |
| |-------------------------------------| |
| |17.00 |18.50 |1.50 |12.91 | |
| |-------------------------------------| |
| |23.00 |30.00 |7.00 |1.69 | |
| |-------------------------------------| |
| |46.50 |50.50 |4.00 |5.59 | |
|------------------------------------------------------------|
|PB12-TR-A4|0.00 |4.00 |4.00 |2.33 |A |
| |-------------------------------------| |
| |5.00 |10.00 |5.00 |3.09 | |
| |-------------------------------------| |
| |29.00 |33.00 |4.00 |3.76 | |
--------------------------------------------------------------
Note: The true widths of the intersection may be less than the reported intervals
Quality Assurance/Quality Control
All channel samples are logged and split by diamond saw and are typically eight to ten centimeters wide by three to five centimeters deep. The average length of each sample is one metre but can vary depending on geological boundaries. Additional QA/QC procedures include inserting blanks and standards into the channel sample stream at industry standard intervals with duplicate samples taken at intervals of twenty. The samples are prepped and analyzed by Global Mineral Research Limited in Burnaby, British Columbia. During analysis, the samples are dried, pulverized, leached and roasted at 450? Celsius and 1200? Celsius with measured weights taken between double ignitions. The laboratories also conduct duplicate and internal standard samples at intervals of ten as part of their QA/QC program.
Further, the Company is pleased to announce the appointment of Mr. Brad Barnett to the position of Vice President of Corporate Finance and Development. Mr. Barnett has held the position of Controller with the Company for two years and has primarily been responsible for financial statement preparation and regulatory filings. "Brad's shareholder-centric management philosophy and approach to financial discipline make him an ideal candidate for this position and we are confident that he will be an asset for the Company and its shareholders," said Afzaal Pirzada, Rock Tech's Vice President of Exploration and interim CEO.
The technical information contained in this news release has been reviewed by Afzaal Pirzada, P.Geo., Vice President of Exploration and interim CEO of the Company and a Qualified Person as defined in NI 43-101.
On behalf of the Board of Directors,
"Afzaal Pirzada"
Afzaal Pirzada, P.Geo.
Director, Vice President of Exploration and interim CEO
For more information, please contact:
Brad Barnett
Vice President of Corporate Finance and Development
789 West Pender Street, Suite 1205
Vancouver, B.C., V6C 1H2
Telephone: (604) 688-1140
Facsimile: (604) 688-1173
Email: bbarnett@rocktechlithium.com
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
Neither the 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 press release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
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