Tearlach’s Gabriel Project, Nevada, Lithium Re-assays Higher than Original
08 June 2023 - 11:00PM
Tearlach Resources Limited (TSXV: TEA) (OTC: TELHF)
(FRANKFURT: V44) (“Tearlach” or the “Company”) reports
pulp re-assay results for six (6) TN22 rotary drill holes (010 –
015) drilled by Blackrock Silver (BRS), in 2022, at the Gabriel
Project in Tonopah, Nevada. These re-assay results confirm the
lithium mineralization intersected in the BRS-drilled holes, with
re-assay results 14 – 33% higher than the original assays and
individual grades up to 1,660 ppm lithium.
TN22 Re-Assay
Highlights:
-
A lithium intercept (minimum 15 feet (4.6m) interval at a 400 ppm
cutoff grade) has been intersected in five (5) of the six (6) TN22
holes reported here.
-
Longest intercept of lithium mineralization for the six (6) holes
is 130 feet (39.6m): Hole TN22-011.
-
Highest primary intercept grade is 836 ppm Li over 70 feet (21.3m):
Hole – TN22-012.
-
Highest grade for an “Included intercept” is 984 ppm Li over 40
feet (12.2m), including 1,660 ppm: Hole TN22-012.
-
Highest value for the reported six (6) holes is 1,600 ppm lithium:
TN-012.
-
Re-assay primary intercept values are 14 – 33% higher than the
corresponding intercept values for the original TN22 assays.
-
Expands Tearlach defined mineralization to the southwest.
“The TN22 re-assay program contributes valuable
data to the Gabriel Phase 1 drill database, confirming consistently
higher assay grades compared to the original drilling. These
re-assays significantly enhance data density in specific areas of
the Gabriel property and expand the zone of defined mineralization
to the southwest,” explained David C. Flint, Director.
Technical
Information:
The table below reports the summary TN22 pulp
re-assay results for holes TN-010 through -015. BRS also conducted
a limited pulp re-assay program (49 samples) in October 2022. The
original pulps were also re-assayed at the ALS Laboratory Reno NV
according to the same analytical procedures as the current TEA
re-assay program. These BRS pulp re-assay program results were, on
average, 31% higher than the original assays. That BRS re-assay
data, accordingly, has been combined with the TEA re-assay data for
this report. All re-assay intercepts are higher grade (14-33%) than
the corresponding original assay intercept.
- BRS drilled TN22-010 at a location
that is southwest of the Gabriel drill pattern. The hole was
drilled on a westerly azimuth at an inclination of -75 degrees to a
depth of 2,500 feet (762m - see collar file below). The re-assay
data indicates a modest thickness and grade of lithium
mineralization.
- TN22-011 & TN22-012 were
drilled from the same drill site as GAB-006 (a vertical hole). Hole
011 was drilled in a northerly direction at an inclination of -50
degrees to a depth of 505 feet (154m). The re-assay data indicates
that the hole intersected two (2) zones of lithium, with the deeper
intercept being of greater length and grade. Hole 012 was drilled
southward at an inclination of -50 degrees. The re-assay data
indicates that this hole also intersected two intervals of lithium
mineralization, with the deeper intercept being of greater length
and grade. The results from these two holes compare well to
GAB-006: primary intercept of 77.9 feet (23.7m) at 707 ppm Li.
- TN22-013 was drilled from the same
drill site as GAB-004 (a vertical hole). The hole was drilled
northerly at an inclination of -50 degrees. The re-assay data
indicates that the hole intersected 55 feet of lithium
mineralization, grading 559 ppm (highest individual value at 1,100
ppm). The TN22-013 results compare reasonably well to the GAB-004
results: primary intercept of 27.1 feet (8.3m) at 703 ppm Li.
- TN22-014 was drilled from the same
drill site as GAB-005. The hole was drilled northerly at an
inclination of -50 degrees. The re-assay data indicates that the
hole intersected two (2) narrow zones of lithium
mineralization.
- BRS drilled TN22-015 (southern
portion of the property) between TN22-010 and -013. The hole was
drilled northerly at an inclination of -50 degrees. The re-assay
data indicates that the hole did not intersect a minimum 15 feet
interval of lithium mineralization at a cut-off grade of 400
ppm.
Assays are pending for an additional six (6)
holes and include TN22-002, which is just south of the Gabriel
property boundary on lands that remain under the control of BRS.
Although not drilled on the Gabriel property, this re-assay data
will be used to calculate block grades in the Gabriel model in an
area where there is no GAB drilling.
|
Gabriel-Blackrock Silver Re-assay Results |
|
|
TEA + BRS Re-assay by ALS Laboratory
Comparison |
|
|
|
|
|
|
Re-assay |
Original |
Re-assay |
|
|
Hole |
From, ft |
To, ft |
Interval |
Li, ppm |
Li, ppm |
% Higher |
|
|
|
|
|
|
|
|
|
|
|
TN22-010 |
75 |
90 |
15 |
420 |
315.8 |
33% |
|
|
Highest value |
75 |
80 |
5 |
450 |
331.2 |
36% |
|
|
|
|
|
|
|
|
|
|
|
TN22-011 |
155 |
190 |
35 |
451 |
376.2 |
20% |
|
|
& |
230 |
360 |
130 |
744 |
586.4 |
27% |
|
|
Including |
280 |
345 |
65 |
884 |
686.9 |
29% |
|
|
Highest value |
295 |
300 |
5 |
1070 |
838.3 |
28% |
|
|
|
|
|
|
|
|
|
|
|
TN22-012 |
125 |
140 |
15 |
437 |
384.4 |
14% |
|
|
& |
205 |
275 |
70 |
836 |
676.2 |
24% |
|
|
Including |
235 |
275 |
40 |
984 |
780.1 |
26% |
|
|
Highest value |
240 |
245 |
5 |
1660 |
1217.4 |
36% |
|
|
|
|
|
|
|
|
|
|
|
TN22-013 |
150 |
205 |
55 |
559 |
451.4 |
24% |
|
|
Highest value |
190 |
195 |
5 |
1100 |
822 |
34% |
|
|
|
|
|
|
|
|
|
|
|
TN22-014 |
300 |
330 |
30 |
618 |
501.0 |
23% |
|
|
& |
390 |
405 |
15 |
700 |
580.9 |
20% |
|
|
Highest value |
320 |
325 |
5 |
880 |
679.1 |
30% |
|
|
|
|
|
|
|
|
|
|
|
TN22-015 |
no intercept |
|
|
Highest value |
90 |
95 |
5 |
460 |
210.6 |
118% |
|
Notes: 1) Minimum 15 feet at 400 ppm
Li cut-off grade for intercepts
|
Black Rock Silver Hole Collar Data, Re-Assays
Reported |
|
|
UTM, NAD-083 Z11, meters |
|
|
Hole |
Easting |
Northing |
Elevation, m |
Azimuth |
Incl. |
depth, m |
depth, ft |
|
|
TN22-010 |
475,656 |
4,217,815 |
1708.3 |
270 |
-75 |
762 |
2500 |
|
|
TN22-011 |
477,275 |
4,218,601 |
1748.7 |
0 |
-50 |
154 |
505 |
|
|
TN22-012 |
477,280 |
4,218,599 |
1748.7 |
180 |
-50 |
227 |
745 |
|
|
TN22-013 |
476,865 |
4,217,816 |
1738.3 |
0 |
-50 |
183 |
600 |
|
|
TN22-014 |
477,654 |
4,217,819 |
1761 |
0 |
-50 |
152 |
500 |
|
|
TN22-015 |
476,459 |
4,217,811 |
1728.6 |
0 |
-90 |
213 |
700 |
|
|
Location Map of GAB Drill Holes and
Proposed BRS TN-22 Holes to Re-assay
Qualified
Person:
Mr. David Flint, CPG with AIPG., Director of
Tearlach Resources Limited and President of the subsidiary Pan Am
Lithium (Nevada) Corp, and a Qualified Person as defined by
National Instrument 43-101 – Standards of Disclosure for Mineral
Projects, has reviewed and approved the scientific and technical
information contained in this news release.
About
Tearlach:
Tearlach, a member of the TSX Venture 50, is a
Canadian exploration company engaged in acquiring, exploring, and
developing lithium projects. Tearlach is focused on advancing its
flagship Gabriel Project in Tonopah, Nevada, bordering American
Lithium’s TLC Deposit, and has completed 11 drill holes on the
Gabriel Property. Tearlach has three lithium assets in Ontario:
Final Frontier, Georgina Stairs and New Frontier. Final Frontier is
located adjacent to and near Frontier Lithium’s PAK lithium deposit
north of Red Lake. Georgina Stairs is located northeast of Rock
Tech Lithium’s Georgia Lake deposit near Beardmore. Tearlach has
two lithium assets in Quebec: Rose-Fliszar-Muscovite Project in the
James Bay area and Shelby Project adjacent to and near Patriot
Battery Metals’ Corvette lithium project and Winsome Resources’
Cancet and Adina lithium projects. Tearlach also has the Savant
Property, an exploration stage Gold-Silver-Copper Property, in
Northwestern Ontario. Tearlach’s primary objective is to position
itself as North America’s leading lithium exploration and
development company. For more information, please get in touch with
the Company at info@tearlach.ca or visit our website at
www.tearlach.ca for project updates and related background
information.
ON BEHALF OF THE BOARD OF
DIRECTORS,TEARLACH RESOURCES LIMITED
Charles RossChief Executive OfficerSuite 610 -
700 W. Pender StreetVancouver, BC, Canada V6C 1G8 Tel:
604-688-5007
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LinkedIn.
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