Tearlach Announces Bulk Sample Timing and Drill Permits at Gabriel Lithium Project, Tonopah Nevada
17 Fevereiro 2023 - 11:00AM
Tearlach Resources Limited (TSXV: TEA) (OTC: TELHF)
(FRANKFURT: V44) (“Tearlach” or the “Company”), is pleased
to announce its plans for bulk sampling the Gabriel Lithium project
in Tonopah, Nevada to fast track a pilot plant and in-depth
metallurgical work. Additionally, the drilling notice through the
Bureau of Land Management
“(BLM)” has been
approved and the bond submitted. Drilling will commence shortly.
Morgan Lekstrom, CEO, stated, “Our team of clay
lithium experts have identified a key point from which we can
excavate a multi-ton bulk sample. Sampling this early helps
significantly reduce engineering and permitting time to get to
production. We will run a concurrent pilot plant process often
later in the development phase. This type of outside-the-box
thinking will help us accelerate our plans to become the leader in
the space. We are looking at utilizing existing and advanced
technology combined with our teams' significant experience to
increase the recovery potential of this type of
mineralization.”
Highlights:
- 1-to-2-ton bulk sample of an already identified outcrop, set
for Q2 2023.
- Using Core Drill to do baseline metallurgical work.
- Engaging with pilot plant labs running a pre-selection
process.
- Exploring existing and new technology, more to come on
this.
- Engaging with our Engineering groups to plan and advance
further stage development permits.
Tearlach is committed to providing a unique
approach to solving the supply chain issues that involve connecting
the dots backwards from production placements and modelling to the
exploration stage. This method will give a clear and accelerated
path to production and long-term shareholder value creation.
About Tearlach
Tearlach is a Canadian exploration company
engaged in the acquisition, exploration, and development of lithium
projects. Tearlach has a Joint Venture agreement with Blackrock
silver on the Gabriel project in Tonopah Nevada, bordering American
Lithium’s TLC Deposit, and is aggressively exploring the previously
drilled lithium. Tearlach holds an interest in the Final Frontier
Project, which includes the Pakwan / Margot Lake Claim block, which
is directly contiguous to Frontier Lithium’s Flagship Spark and Pag
deposits, as well as 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 also been encountered on the Harth Lithium
Project, which is 8 kms west of the Wesley Lithium Project.
Tearlach intends to explore these assets and develop a portfolio of
projects in North America through acquisition. Tearlach also holds
“The Shelby Project” properties in Quebec’s James Bay Region
bordering Windsome Resources and Patriot Battery Metals. 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 LTD.
Morgan LekstromChief Executive Officer and DirectorSuite 610 -
700 W. Pender StreetVancouver, BC, Canada V6C 1G8Tel:
604-688-5007
ON BEHALF OF THE BOARD OF DIRECTORS
www.tearlach.ca
https://tearlach.ca/contact/
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.
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 beliefs, plans, expectations, or
intentions of the Company. 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.
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