(TheNewswire)
VANCOUVER, BRITISH COLUMBIA – TheNewswire - October 13, 2023, Tearlach ResourcesLimited (TSXV:TEA) (OTC:TELHF) (FRANKFURT:V44) (“Tearlach” or the“Company”) is pleased to announce that ithas received assays confirming the presence of key lithium indicatorminerals (Li-rich muscovite, beryl and Nb-Ta-oxide minerals) at ParksLake on the Georgina Properties, Jellicoe, northern Ontario. TheProject is located 9 km east of Rock Tech Lithium’s Georgia Lakeproperty and is being explored for lithium mineralization hosted inspodumene pegmatites.
Assay Highlights:
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0.62 % Li O, 5030 ppm Rb, 1880 ppmCs and 122 ppm Ta in green muscovite pod sample 889653, OxideIsland
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10.43 % BeO, 904 ppm Cs and 0.22 % Li O in pure pale green beryl sample 889539, BerylIsland
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3.31 % Ta , 12.50 % Nb in pure black Nb-Ta-oxide mineral sample 889654, OxideIsland ( Figure 3 ). These are up to 5cm in diameter and are among the largest Nb-Ta-oxide mineral crystalsin Ontario.
The presence of Li-rich muscovite,beryl and Nb-Ta oxide minerals in rare-element pegmatites indicatesthat there is a strong potential for the pegmatites to containspodumene ( Figure 2 and Figure 3 ). The 2.6 km strike length of rare-elementmineralization is the focus of Tearlach’s on-going field explorationprogram ( Figure 1 ).
Tearlach has identified a rare-element pegmatite zone( Figure1 ). This zone is whereall of the rare-element minerals and elements are concentrated on theproperty, i.e., beryl, Nb-Ta oxides, Li, Rb, Cs, Nb, Ta, and Be, whichall increase with proximity to the spodumene. Tearlach’s next steps to find spodumene are to focus the prospectingon the rare-element pegmatite zone to look for the spodumene. TheGeorgina Properties are 12 km x 26 km in size, and identification ofthe rare-element pegmatite zone has narrowed down the searchconsiderably.
Dr. Selway, Tearlach’s VP Exploration, exclaimed,“I am excited about the discovery of beryl and Nb-Ta on the islandson Parks Lake. The anomalous rare elements suggest that lithiummineralization is nearby. I can’t wait to see more results from thefield crew.”
Figure 1 Map ofParks Lake rare-element pegmatite zone.
Figure 2 Palegreen beryl in quartz, AR-23-322, Check Mark Island, Parks Lake.
Figure 3 Blackoctahedral Nb-Ta-oxide minerals, sample 889654, Oxide Island, ParksLake.
Quality Control:
Grab samples include representative samples of granite,pegmatite, metasedimentary rocks and diabase on the Project area. Thegrab samples were delivered by Tearlach geologists to Actlabs,Geraldton or Thunder Bay prep labs. Samples were assayed by Actlabs,Ancaster analytical lab which is an ISO 17025 accredited laboratory.The samples were digested using lithium metaborate/tetraborate fusionand assayed by ICP-OES and ICP-MS for whole rock major oxides andtrace elements (i.e., 4Litho-Pegmatite Special package).Li 2 O % was digested using sodium peroxide fusion and assayed usingICP-OES. Actlabs inserted standards, blanks, pulp duplicates and prepduplicates into the sample stream.
Qualified Person :
Julie Selway, Ph.D., P.Geo. supervised the preparationof the scientific and technical information that formed the basis forthe written disclosure in this news release. Dr. Selway is the VP ofExploration for Tearlach Resources and the Qualified Person("QP") as defined by National Instrument 43-101.
About Tearlach:
Tearlach, a member of the TSX Venture 50, is a Canadianexploration company engaged in acquiring, exploring, and developinglithium projects. Tearlach is focused on advancing its flagshipGabriel Project in Tonopah, Nevada, bordering American Lithium's TLCDeposit, and has completed 11 drill holes on the Gabriel Property.Tearlach has three lithium assets in Ontario: Final Frontier, GeorginaStairs, and New Frontier. Final Frontier is located adjacent to andnear Frontier Lithium’s PAK lithium deposit north of Red Lake.Georgina Stairs is located northeast of Rock Tech Lithium’s GeorgiaLake deposit near Beardmore. Tearlach has two lithium assets inQuebec: Rose-Fliszar-Muscovite Project in the James Bay area andShelby Project adjacent to and near Patriot Battery Metals’ Corvettelithium project and Winsome Resources’ Cancet and Adina lithiumprojects. Tearlach also has the Savant Property, an exploration stageGold-Silver-Copper Property, in Northwestern Ontario. Tearlach'sprimary objective is to position itself as North America's leadinglithium exploration and development company. For more information,please get in touch with the Company at info@tearlach.ca or visit ourwebsite at www.tearlach.ca for project updates and related backgroundinformation.
ON BEHALF OF THE BOARD OF DIRECTORS,
TEARLACH RESOURCES LIMITED
Charles Ross
Chief Executive Officer
Suite 610 - 700 W. Pender Street
Vancouver, BC, Canada V6C 1G8
Tel: 604-688-5007
Forward-looking statements
This press release contains forward-looking statementsand forward-looking information within the meaning of Canadiansecurities laws (collectively, “forward-looking statements”).Statements and information that are not historical facts areforward-looking statements. Forward-looking statements are frequently,but not always, identified by words such as “expects”,“anticipates”, “believes”, “intends”, “estimates”,“potential”, “possible” and similar expressions, or statementsthat events, conditions or results “will”, “may”, “could”or “should” occur or be achieved. Forward-looking statements andthe assumptions made in respect thereof involve known and unknownrisks, uncertainties, and other factors beyond the Company’scontrol. Forward-looking statements in this press release includestatements regarding beliefs, plans, expectations, or intentions ofthe Company. Mineral exploration is highly speculative andcharacterized by several significant risks, which even a combinationof careful evaluation, experience and knowledge may not eliminate.Forward-looking statements in this press release are made as of thedate herein. Although the Company believes that the assumptions andfactors used in preparing the forward-looking statements in this pressrelease are reasonable, undue reliance should not be placed on suchstatements. The Company undertakes no obligation to update publicly orotherwise revise any forward-looking statements, whether as a resultof new information or future events or otherwise, except as may be required by law.
Neither the TSX Venture Exchange norits Regulation Service provided (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
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