(TheNewswire)
VANCOUVER, BRITISH COLUMBIA – TheNewswire - June 8, 2023, Tearlach Resources Limited(TSXV:TEA) (OTC:TELHF) (FRANKFURT:V44) (“Tearlach” or the“Company”) reports pulp re-assay results forsix (6) TN22 rotary drill holes (010 – 015) drilled by BlackrockSilver (BRS), in 2022, at the Gabriel Project in Tonopah, Nevada. These re-assay results confirm the lithium mineralizationintersected in the BRS-drilled holes, with re-assay results 14 – 33%higher than the original assays and individual grades up to 1,660 ppmlithium.
TN22 Re-Assay Highlights :
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A lithium intercept (minimum 15 feet (4.6m) interval ata 400 ppm cutoff grade) has been intersected in five (5) of the six(6) TN22 holes reported here,
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Longest intercept of lithium mineralization for the six(6) holes is 130 feet (39.6m): Hole TN22-011,
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Highest primary intercept grade is 836 ppm Li over 70feet (21.3m): Hole – TN22-012,
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Highest grade for an “Included intercept” is 984ppm Li over 40 feet (12.2m), including 1,660 ppm: HoleTN22-012,
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Highest value for the reported six (6) holes is 1,600ppm lithium: TN-012,
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Re-assay primary intercept values are 14 – 33% higherthan the corresponding intercept values for the original TN22assays,
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Expands Tearlach defined mineralization to thesouthwest.
"The TN22 re-assay program contributes valuabledata to the Gabriel Phase 1 drill database, confirming consistentlyhigher assay grades compared to the original drilling. These re-assayssignificantly enhance data density in specific areas of the Gabrielproperty and expand the zone of defined mineralization to thesouthwest," explained David C. Flint, Director.
Technical Information :
The table below reports the summary TN22 pulp re-assayresults for holes TN-010 through -015. BRS also conducted a limitedpulp re-assay program (49 samples) in October 2022. The originalpulps were also re-assayed at the ALS Laboratory Reno NV according tothe same analytical procedures as the current TEA re-assay program. These BRS pulp re-assay program results were, on average, 31% higherthan the original assays. That BRS re-assay data, accordingly, hasbeen combined with the TEA re-assay data for this report. Allre-assay intercepts are higher grade (14-33%) than the correspondingoriginal assay intercept.
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BRS drilled TN22-010 at a location that is southwest ofthe Gabriel drill pattern. The hole was drilled on a westerlyazimuth at an inclination of -75 degrees to a depth of 2,500 feet(762m - see collar file below). The re-assay data indicates a modestthickness and grade of lithium mineralization.
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TN22-011 TN22-012 were drilled from the same drillsite as GAB-006 (a vertical hole). Hole 011 was drilled in anortherly direction at an inclination of -50 degrees to a depth of 505feet (154m). The re-assay data indicates that the hole intersectedtwo (2) zones of lithium, with the deeper intercept being of greaterlength and grade. Hole 012 was drilled southward at an inclinationof -50 degrees. The re-assay data indicates that this hole alsointersected two intervals of lithium mineralization, with the deeperintercept being of greater length and grade. The results from thesetwo holes compare well to GAB-006: primary intercept of 77.9 feet(23.7m) at 707 ppm Li
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TN22-013 was drilled from the same drill site asGAB-004 (a vertical hole). The hole was drilled northerly at aninclination of -50 degrees. The re-assay data indicates that thehole intersected 55 feet of lithium mineralization, grading 559 ppm(highest individual value at 1,100 ppm). The TN22-013 resultscompare reasonably well to the GAB-004 results: primary intercept of27.1 feet (8.3m) at 703 ppm Li.
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TN22-014 was drilled from the same drill site asGAB-005. The hole was drilled northerly at an inclination of -50degrees. The re-assay data indicates that the hole intersected two(2) narrow zones of lithium mineralization.
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BRS drilled TN22-015 (southern portion of the property)between TN22-010 and -013. The hole was drilled northerly at aninclination of -50 degrees. The re-assay data indicates that thehole did not intersect a minimum 15 feet interval of lithiummineralization at a cut-off grade of 400 ppm.
Assays are pending for an additional six (6) holes andinclude TN22-002, which is just south of the Gabriel property boundaryon lands that remain under the control of BRS. Although not drilledon the Gabriel property, this re-assay data will be used to calculateblock grades in the Gabriel model in an area where there is no GABdrilling.
Notes: 1) Minimum 15 feet at 400 ppm Li cut-off gradefor intercepts
Location Map of GAB Drill Holes andProposed BRS TN-22 Holes to Re-assay
Qualified Person :
Mr. David Flint, CPG with AIPG., Director of TearlachResources Limited and President of the subsidiary Pan Am Lithium(Nevada) Corp, and a Qualified Person as defined by NationalInstrument 43-101 – Standards of Disclosure for Mineral Projects,has reviewed and approved the scientific and technical informationcontained in this news release.
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, borderingAmerican Lithium's TLC Deposit, and has completed 11 drill holes onthe Gabriel Property. Tearlach has three lithium assets in Ontario:Final Frontier, Georgina Stairs and New Frontier. Final Frontier islocated adjacent to and near Frontier Lithium’s PAK lithium depositnorth of Red Lake. Georgina Stairs is located northeast of Rock TechLithium’s Georgia Lake deposit near Beardmore. Tearlach has twolithium assets in Quebec: Rose-Fliszar-Muscovite Project in the JamesBay area and Shelby Project adjacent to and near Patriot BatteryMetals’ Corvette lithium project and Winsome Resources’ Cancet andAdina lithium projects. Tearlach also has the Savant Property, anexploration stage Gold-Silver-Copper Property, in NorthwesternOntario. Tearlach's primary objective is to position itself as NorthAmerica's leading lithium exploration and development company. Formore 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
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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 of theCompany. Mineral exploration is highly speculative and characterizedby several significant risks, which even a combination of carefulevaluation, 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 berequired 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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