Highlights

 

Significant discovery of spodumene pegmatite outcropcluster (CV13) located approximately 4.3 km along trend to the southwest of the CV5-1 pegmatite corridor and current drill area

A total of thirty-one (31) spodumene-bearing pegmatite outcrops identified, including twenty (20) outcrops with estimated >5% modal spodumene content

Pegmatite outcrops extend over two (2) contiguous trends, totalling approximately 2.3 km in combined strike length and are situated on geological trend between the CV5-1 pegmatite corridor and the CV8-12 pegmatite cluster

Pegmatite outcrops are situated within the apex of a regional structural flexure, indicating a highly favourable geological setting for lithium pegmatite emplacement

Average lithium grade of 0.98% Li2O over thirty-two (32) pegmatite grab/chip samples analyzed to date, to maximum of 3.73% Li2O

Tantalum values ranging from <10 ppm to 948 ppm Ta2O5 (3.11% Li2O), and averaging 113 ppm Ta2O5

A total of 121.1 m of channel samples collected for more detailed assessment of lithium-tantalum mineralization over ten (10) outcrops

HIGHLIGHTS

 

High grade intercept from near surface in last drillhole of the April 2022 campaign

Assays for RHW22-006 returned:

26.4m at 1.01% Li2O, 355ppm Ta2O5, 980ppm Cs, 1601ppm Rb2O from 7.4m;

including 12.7m at 1.29% Li2O, 423ppm Ta2O5, 1160ppm Rb2O, 600ppm Cs; and

3.7m at 2.61% Li2O, 579ppm Ta2O5, 1061ppm Rb2O, 441ppm Cs

Very high-grade (+2.5% Li2O) with tantalum, rubidium and caesium association

RHW22-001, 002, 003 and 005 show lithium caesium tantalum (LCT) signatures confirming the presence of multiple dyke systems in the area

Hole RHW22-006 was collared directly into weathered pegmatite

Multiple newly identified outcrops surround the RHW22-006 collar

RHW22-006 potentially not collared optimally to fully test the pegmatite intrusion

Historical 2008 core discovered at the Eastmain site shows unsampled pegmatite intervals mistakenly referenced as granite up to 80m thick

 

Toronto, Ontario--(August 2, 2022) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to provide an update on its lithium exploration activities. Assays for the 6 holes drilled in April 2022 at Ruby Hill West as part of Benz's maiden lithium drilling have been received and confirm thick high-grade pegmatite as well as the presence of multiple dykes system in the area.

VANCOUVER, British Columbia, July 28, 2022 --

 

Highlights

 

Strong lithium grades over wide intervals returned from first two drill holes completed during the summer phase of the 2022 drill campaign

1.25% Li2O and 118 ppm Ta2O5 over 96.9 m, including 2.53% Li2O and 130 ppm Ta2O5 over 27.0 m (CV22-035)

1.38% Li2O and 99 ppm Ta2O5 over 27.0 m, and 2.00% Li2O and 167 ppm Ta2O5 over 7.3 m (CV22-036)

Under the summer program, the main spodumene pegmatite has now been traced in drill hole an additional 500 m westwardly, from the CV5 Pegmatite outcrop to the CV6 Pegmatite outcrop

The main pegmatite body has now been traced through drilling over a strike length of approximately 1,900 m and remains open in all directions

A third drill rig and barge have now been mobilized to the drill area and is expected to collar shortly

A total of 10,355 m over thirty-six (36) holes have now been completed over the 2022 drill campaign - 4,345 m over 20 holes in the winter program, and 6,010 m over sixteen (16) holes in the summer program.

Advances E3 Lithium's Clearwater Project with Imperial funding contribution

Pilot project progresses commercialization of battery-grade lithium from historic Leduc field for electric vehicles and energy storage

Imperial to provide technical and development support
 

CALGARY, AB, June 23, 2022  - Imperial Oil Limited (TSE: IMO) (NYSE American: IMO) and E3 Lithium (TSXV: ETMC) (OTCQX: EEMMF) announced today a collaboration to advance a lithium-extraction pilot in Alberta, exploring the redevelopment of an historic oil field into a potential new leading source of lithium for Canada's growing critical minerals industry.

 

The pilot will support E3 Lithium's Clearwater project, which will draw lithium from under the Leduc oil field, Imperial's historic discovery that first launched major oil and gas development in Western Canada. E3 Lithium's proprietary technology is designed to extract the critical mineral from the lithium-rich brine, with potential for commercial development of battery-grade products.