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Nemaska Lithium Inc.
Summary
| Project: | Whabouchi | |
|---|---|---|
| Deposit: | Doris | |
| Location: | Canada | |
| Commodities: | Lithium | |
| Date: | 11/28/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 28-11-2016: Nemaska Lithium Inc. announces an Exploration/Drilling Update report for its Doris deposit at the Whabouchi project. Drilling results incl. 80m @ 1.4% Li2O from 300.3m. Quebec, November 28, 2016. Nemaska Lithium Inc. (“Nemaska Lithium” or the | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jean-Philippe Paiement (SGS Canada Inc.) | |
| ABSTRACT: | Quebec, November 28, 2016. Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (TSX: NMX) (OTC: NMKEF) is pleased to provide details of all the drilling results on the newly discovered Doris zone (see press release of September 06, 2016) on its Whabouchi lithium project. The company encountered a new lithium bearing zone in the southwestern end of the planned pit area (Figure 1). The Doris zone, contains 5 interconnected dykes and has now been confirmed on 420m of lateral extension and up to a maximum depth of 440m where it joins the main dyke. The Doris zone starts in the southwest and is open along strike to the northeast. Doris appears to run parallel to main zone which extends for 1.2km to the northeast (Figure 2). “Our drilling to date on the Doris discovery has yielded drill holes with significant widths and grades which are similar to the main zone of the Whabouchi deposit” commented Guy Bourassa, President and CEO of Nemaska Lithium. “It will immediately impact the Whabouchi project as we intend to add it to the resource estimate and possibly the reserves of the mine. Doris is open towards the northeast, with excellent potential to add additional tonnage to the Whabouchi project, as we consider a drill program during the winter to expand and confirm its extension,” commented Mr. Bourassa, President and CEO of Nemaska Lithium. | |
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