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Sigma Lithium Resources Corp.
Summary
| Project: | Grota do Cirilo | |
|---|---|---|
| Deposit: | Grota do Cirilo | |
| Location: | Brazil | |
| Commodities: | Lithium | |
| Date: | 9/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-9-2018: Sigma Lithium Resources Corp. announces an Exploration/Drilling Update report for its Grota do Cirilo deposit at the Grota do Cirilo project. Drilling results incl. 33.1m @ 1.7% Li2O from 46.9m. VANCOUVER, British Columbia, Sept. 13, 2018 -- SI | |
| Resources: | (Resource, M+I): 12.9Mt @ 1.56% Li2O | |
| CP/QP: | [Overall Report]: Marc-Antoine Laporte (Independent) | |
| ABSTRACT: | VANCOUVER, British Columbia, Sept. 13, 2018 -- SIGMA Lithium Corporation ("Sigma" or the "Corporation") (TSX-V: SGMA) is pleased to provide updated assay results on the Company’s ~30,000m diamond drilling campaign of lithium deposits at its Grota do Cirilo Property. The project’s existing lithium mineral resources is expected to significantly increase, as previously identified in Sigma’s existing National Instrument 43-101 (“NI 43-101”) independent technical report filed earlier in 2018. “Our August drilling results confirm the high quality and low impurities of this substantial lithium resource,” said Calvyn Gardner, CEO of Sigma. “Importantly we have received strong indicators from exploration holes in three of our top lithium deposits, which supports our expectation the total resource volume has the potential to be significantly increased. We are preparing to ship samples to potential offtake partners and look forward to providing further updates as we continue to advance the project towards production and validate additional mineral resources.” Drill Results for August 2018 on Grota do Cirilo Lithium Property In late May 2018, Sigma commenced a ~30,000m diamond (HQ core) drilling campaign to extend and develop the existing Grota do Cirilo spodumene lithium mineral resource. Once completed, this drilling campaign will be the basis for a revised mineral resource estimate, to be prepared by SGS Canada Geostat (“SGS”), which is expected to be finalized by the end of 2018. | |
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