'Our geologic goals for this phase of exploration were achieved,' said
It was reported by The Northern Miner in April, 2022 that lithium production has resumed at the Tanco. The Northern Miner is a credible source of mining-related news; however, as the Tanco owner is a Chinese company, there is limited reliable public information available.
It was estimated in 1991 that Tanco had lithium reserves of 7.3 million tonnes at 2.76% Li2O (GSWA Mining Bulletin No. 22, page 66).
CBLT Exploration in 2022
CBLT recognizes the significance and importance of
From June to
The most recent visit was conducted
A promising pegmatite (the 'Main Pegmatite') on the southeast shore of
The Main Pegmatite contains megacrystic feldspar-quartz-biotite zonation parallel to exposed contacts and is at least 6 meters wide at one location on the shore (the pink line in the picture above). These zoned features commonly occur in evolved LCT pegmatite mineralization. Contacts illustrate sub-vertical to flatter (-35 degree) dip to the north, and has a minimal inferred strike length of approximately 100 meters. The Main Pegmatite is open to the east and west of the sampled locations. The samples are currently being prepared for shipment to an accredited analytical laboratory for comprehensive geochemical analyses for LCT mineralization.
CBLT intends to carry out additional work at the Main Pegmatite in upcoming visits to properly delineate its fullest possible strike length in surface exposure. As well, CBLT intends in future visits to prospect, map and sample numerous affiliated pegmatites noted near the Main Pegmatite.
Various other narrower pegmatite veins proximal to the Main Pegmatite were also sampled.
CBLT wishes to thank the
Contact:
Tel: 1 416 890 1232
Email: pclausi@cbltinc.com
This news release contains certain statements that constitute forward-looking statements as they relate to CBLT and its management. Forward-looking statements are not historical facts but represent management's current expectation of future events, and can be identified by words such as 'believe', 'expects', 'will', 'intends', 'plans', 'projects', 'anticipates', 'estimates', 'should', 'continues' and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct or will come to pass.
By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this new release, CBLT will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities laws, CBLT assumes no obligation to update or revise any forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to; SARS-CoV-2; reliance on key personnel; the performance of the
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