Tearlach Engages Drill Contractor for Phase 1 Drill Program at The Gabriel Lithium Project in Nevada
09 Fevereiro 2023 - 10:30AM
Tearlach Resources Limited (TSXV: TEA) (OTC: TELHF)
(FRANKFURT: V44) (“
Tearlach” or the
“
Company”) is pleased to announce that it has
engaged TonaTec Exploration LLC, of Elko Nevada, to conduct the
Phase 1 core drill program commencing this month at the Company’s
Joint Ventured Gabriel Project formerly the Blackrock Silver (TSXV:
BRC) Tonopah North Lithium Project in Nevada.
Program
Highlights:
- Planned Phase 1 drill program of a
3000-meter core drill program.
- Re-drill several past holes with
Core drilling to perform concurrent metallurgical testing and
understand geological constraints.
- 19-hole program down to a maximum
depth of 200 Meters.
- Permits with BLM submitted with
expected mobilization in February.
TonaTec is recognized by the exploration
community as a leading drill company with experience operating in
the Tonopah area. A collaborative relationship with Blackrock
Silver has created operational, and contractor synergies for both
companies that management believes represents a unique
advantage.
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.”
About Tearlach
Tearlach is a Canadian exploration company
engaged in the acquisition, exploration, and development of lithium
projects. Tearlach holds an interest in the Final Frontier Project,
which includes the Pakwan, Pakwan Extension, and Margot Lake Claim
block, which is in close proximity to Frontier Lithium’s flagship
claims and proximal to the Spark and PAK deposits. Tearlach holds
interests in the Wesley, Harth, and Ferland properties, all located
in the lithium hub of northwestern Ontario, Canada. The Wesley
Property borders Green Energy Metals’ Root Lake Project, where a
24,000 m drill program is currently underway. Pegmatite dykes have
- been encountered on the Harth Lithium Project, which is 8 kms
west of the Wesley Lithium Project. Prospecting and mapping have
confirmed pegmatite dykes on the Ferland Lithium Property, 10 km
east of Green Technology Metals’ Seymour Lake Project. Tearlach
holds interests in the Flizar, Muscovite Ridge and Rose North
Properties in the James Bay area of Quebec, and each property hosts
pegmatites. Tearlach intends to explore these assets and develop a
portfolio of projects in North America through acquisition.
Tearlach’s primary objective is to position itself as the leading
lithium exploration and development company in North America.
Additional information on the Company is available at the website
at www.tearlach.ca.
ON BEHALF OF THE BOARD OF DIRECTORS,
TEARLACH RESOURCES LIMITED
Morgan LekstromChief Executive Officer and DirectorSuite 610 -
700 W. Pender StreetVancouver, BC, Canada V6C 1G8Tel:
604-688-5007
www.tearlach.ca
https://tearlach.ca/contact/
Forward-looking statements
This press release contains forward-looking
statements and forward-looking information within the meaning of
Canadian securities laws (collectively, “forward-looking
statements”). Statements and information that are not historical
facts are forward-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 statements that
events, conditions or results “will”, “may”, “could” or “should”
occur or be achieved. Forward-looking statements and the
assumptions made in respect thereof involve known and unknown
risks, uncertainties, and other factors beyond the Company’s
control. Forward-looking statements in this press release include
statements regarding the anticipated drill program and the timing
thereof, that the Company’s relationship with Blackrock Silver will
provide synergies and a unique advantage, the intention to expand
on prior discoveries by Blackrock Silver and the belief that the
Company will be a leader in the Tonopah area. Mineral exploration
is highly speculative, and characterized by several significant
risks, which even a combination of careful evaluation, experience
and knowledge may not eliminate. Forward-looking statements in this
press release are made as of the date herein. Although the Company
believes that the assumptions and factors used in preparing the
forward-looking statements in this press release are reasonable,
undue reliance should not be placed on such statements. The Company
undertakes no obligation to update publicly or otherwise revise any
forward-looking statements, whether as a result of new information
or future events or otherwise, except as may be required by law.
The Company’s Canadian public disclosure filings may be accessed
via www.sedar.com, and readers are urged to review these
materials.
Neither the TSX Venture Exchange nor its Regulation Service
provided (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Tearlach Resources (TSXV:TEA)
Gráfico Histórico do Ativo
De Jan 2025 até Fev 2025
Tearlach Resources (TSXV:TEA)
Gráfico Histórico do Ativo
De Fev 2024 até Fev 2025