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Plateau Energy Metals Inc.
Summary
| Project: | Macusani Plateau | |
|---|---|---|
| Deposit: | Falchani | |
| Location: | Peru | |
| Commodities: | Uranium-Lithium-Potassium | |
| Date: | 6/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 11-6-2018: Plateau Energy Metals Inc. announces an Exploration/Drilling Update report for its Falchani deposit at the Macusani Plateau project. Drilling results incl. 190m @ 0.59% Li2O from 119.0m. TORONTO, ONTARIO -- (GlobeNewswire – June 11, 2018) – Pla | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ted O'Connor (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO -- (GlobeNewswire – June 11, 2018) – Plateau Energy Metals Inc. (“Plateau” “PLU” or the "Company")(TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF), a lithium and uranium exploration and development company, is pleased to announce recent mapping/sampling efforts have expanded the Falchani lithium-rich mineralization an additional 1 km west of previously announced sampling, and continued strong results from three recently completed inclined diamond drill holes from Platform 3 and Platform 9 at the Falchani project, located in the Chaccaconiza area of the Company’s Macusani Plateau Project in southeastern Peru. Ted O’Connor, CEO of Plateau Energy Metals, commented: “These delineation drill hole results from Platforms 3 and 9 are confirming and growing our understanding of the geometry and geology of the unique Falchani lithium deposit. The massive mapped and sampled footprint and thick intersections of lithium-rich tuff at Falchani all have remarkably consistent grades, most in excess of 0.7% Li2O and continue to build our confidence that Falchani will eventually grow into one of the largest near surface lithium deposits known. These, along with the Peruvian government and local community support we are receiving and the simple processing option routes we are working on with ANSTO are helping our efforts to make future Peruvian lithium production a reality. Drilling continues with three Company-owned rigs at Falchani, and we believe we remain on track to complete a maiden NI 43-101 lithium resource estimate around the end of the month.” | |
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