(TheNewswire)
Vancouver, British Columbia - TheNewswire - October 1 7 ,2023 - Rock Edge Resources Ltd. (the “ Company ” or “ Rock Edge ”) (CSE:REDG) is pleased to announce the results from the 2023 field program (See June 21, 2023 news release)on our Superb Lake Property (the “Project”), situated innorthwestern Ontario.
These analytical results confirmed the potential of thespodumene-bearing trend located on the Project as described June 18, 2023 .
The trend is defined by 4 separate exposed pegmatite outcrop, 3 ofwhich have confirmed spodumene. These 4 outcrops follow an E-W trendover 125m with apparent width ranging from 0.80m to 3.70m wide withopen width as only one contact is exposed at a time. The trend staysopen on both extremities with the widest outcrops disappearing in theO’Sullivan Lake (Figure 1).
Five samples were collected on the four outcrops of the trend withresults confirming the fertility of the trend and three samplesgrading Li2O values over 0.80%. The five samples returned significantTantalum values, ranging between 184 and 320ppm Ta2O5 (Table 1).
Rock Type | Source | Sample Type | Sample | Li2O (%) | Ta2O5 (ppm) |
Pegmatite | Outcrop | Chip | 428006 | 1.13 | 236 |
Pegmatite | Outcrop | Grab | 428104 | 0.85 | 184 |
Pegmatite | Outcrop | Grab | 428105 | 2.63 | 242 |
Pegmatite | Outcrop | Grab | 428106 | 0.01 | 320 |
Pegmatite | Outcrop | Grab | 428107 | 0.01 | 236 |
Table 1 : Assays from the spodumene pegmatite dyke trend
The Project encompasses approximately 2,378 hectares in the O’Sullivan Lake / Maun Lake Area of the Thunder Bay Mining District ofNorthwestern Ontario, Canada. Geologically, the Project is situated inthe eastern part of Wabigoon Subprovince of the Superior GeologicalProvince. The Superb Lake area has historical exploration carried outsince the 1950s with the discovery of lithium along the shores ofSuperb Lake. The discovery outcrop was reported to have a minimumoutcrop exposed length of 16 m, while its exposed width varies from2.50m to a maximum of 3.70m. In 2020, four samples collected from aspodumene rich part of the dyke returned 1.77 % to 4.03% Li2O.
Rock Edge also wishes to announce that Persis Khambattahas resigned from the Board of Directors and Audit Committee of theCompany. Miss Khambatta resigned to pursue other interests. We thankMiss Khambatta for her valuable contributions to the Company andwishes her all the best in her future endeavors.
Qualified Person
The technical information contained in this news release has beenreviewed by Matthew Carter B.Sc., P.Geo., of Dahrouge GeologicalConsulting, who is a “Qualified Person” as defined in NI 43-101.
About Rock Edge Resources Ltd.
Rock Edge Resources Ltd. is focused on acquiringand exploring mineral property assets, with a specific emphasis on theNorthwestern Ontario Lithium belt and the province of Quebec. Itsobjective is to locate, develop and bring to market economicallyviable properties that contain critical minerals, base metals andprecious metals. With the support of the Ontario government's CriticalMinerals Strategy, Rock Edge is poised to take advantage of thegrowing demand for these essential minerals and contribute to theregion's economic growth.
On Behalf of the Board ofDirectors
Charles Desjardins
Chief Executive Officer andDirector
Phone #604-808-3156
Email: info@rockedgeresources.com
The Canadian Securities Exchange has neither approved nor disapprovedthe contents of this news release and accepts no responsibility forthe adequacy or accuracy hereof.
Forward Looking Statements
This news release contains "forward-lookingstatements" and "forward looking information" (asdefined under applicable securities laws), based on management's bestestimates, assumptions, and current expectations. Such statementsinclude but are not limited to, statements with respect to the plansfor future exploration and development of the Company's properties andthe acquisition of additional exploration projects. Generally, theseforward-looking statements can be identified by the use offorward-looking terminology such as "expects","expected", "budgeted", "forecasts","anticipates" "plans", "anticipates","believes", "intends", "estimates","projects", "aims", "potential","goal", "objective", "prospective", andsimilar expressions, or that events or conditions "will","would", "may", "can", "could"or "should" occur. These statements should not be read asguarantees of future performance or results. Such statements involveknown and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materiallydifferent from those expressed or implied by such statements,including but not limited to: risks related to the receipt of allnecessary regulatory and third party approvals for the proposedoperations of the Company's business and exploration activities, risksrelated to the Company's exploration properties; risks related tointernational operations; risks related to general economicconditions, actual results of current exploration activities,unanticipated reclamation expenses; changes in project parameters asplans continue to be refined; fluctuations in prices of commoditiesincluding lithium and gold; fluctuations in foreign currency exchangerates, increases in market prices of mining consumables, possiblevariations in reserves; failure of plant, equipment or processes tooperate as anticipated; accidents, labour disputes, title disputes,claims and limitations on insurance coverage and other risks of themining industry; delays in the completion of exploration, developmentor construction activities, changes in national and local governmentregulation of mining operations, tax rules and regulations, andpolitical and economic developments in jurisdictions in which theCompany operates. . Although the Company has attempted to identifyimportant factors that could cause actual results to differ materiallyfrom those contained in forward-looking statements, there may be otherfactors that cause results not to be as anticipated, estimated orintended. There can be no assurance that such statements will prove tobe accurate, as actual results and future events could differmaterially from those anticipated in such statements. Theforward-looking statements and forward-looking information are made asof the date hereof and are qualified in their entirety by thiscautionary statement. The Company disclaims any obligation to reviseor update any such factors or to publicly announce the result of any revisions to any forward-looking statements orforward-looking information contained herein to reflect futureresults, events or developments, except as require by law.Accordingly, readers should not place undue reliance onforward-looking statements and information. Please refer to theCompany's most recent filings under its profile at www.sedar.com forfurther information respecting the risks affecting the Company and itsbusiness
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