Tearlach stakes 500 claims in Ontario

Apr 11, 2023

2023-04-11 07:25 ET – News Release

Mr. Morgan Lekstrom reports

TEARLACH MORE THAN DOUBLES LAND CLAIMS AT GEORGINA STAIRS LITHIUM PROJECT AFTER GEOPHYSICS AND GEOLOGICAL MAPS IDENTIFY DISCOVERY POTENTIAL

Tearlach Resources Ltd. has staked a second large land package in the Georgia Lake area adjacent to Georgina Stairs. The new property, Georgina East, comprises 500 cell claims and is located near Jellicoe and Beardmore, Northwestern Ontario. The claim block has an area of 10,580 hectares and measures approximately 17 kilometres by 10 km. The Georgina East property is 100 per cent held by Tearlach.

Georgina East property highlights

Same geology as the Georgia Lake pegmatite field;
High potential for the muscovite granite to be the parent to lithium pegmatites on the Georgina East property;
Deep-seated regional structures as fluid pathways for pegmatites;
Most of the Georgina East property is unexplored and near the Georgia Lake pegmatite field;
Roads connect the Georgina East property to the Trans Canada Highway No. 1.

“After Dr. Selway identified the map was cut off and the geophysical anomalies matching Georgia Lake, we expanded our land claim package to become one of the largest land packages in the area. Not only is this project underexplored, but it also provides a potential discovery value add for mere staking costs. Another high-impact, low-cost credit to Dr. Selway and the team,” states Morgan Lekstrom, chief executive officer.

Technical information

The Georgia Lake pegmatite field consists of multiple spodumene pegmatites, with the first discovery of spodumene (lithium mineral) in 1955. The Georgia Lake spodumene pegmatites are hosted by the metasedimentary rocks near the muscovite granites and diabase dikes and sills. The Ontario regional bedrock geology map (MRD126) indicates that the property is mostly metasedimentary rocks, but this is likely an oversimplification as this area has not been mapped in detail and was not covered by Pye’s 1964 map (OGS M2056). Four sets of north-south-trending Marathon diabase dike (2.1 million annum) crosscut the Georgina East property, indicating regional deep-seated structures. According to Pye’s map, Rock Tech Lithium’s Nama Creek and Conway spodumene pegmatites are hosted by metasedimentary rocks crosscut by two north-south-trending diabase dikes.

A northeast-trending topographic high occurs along the north shore of Leopard Lake and extends from one corner of the Georgina East property to the other corner. This northeast-trending topographic high parallels the northeast-trending muscovite granite located immediately south of the Georgina East property. The spodumene pegmatites in the Georgina Lake pegmatite field are commonly either northeastern or north-south trending, as per Pye’s map.

The Georgina East property’s geology shows many similarities with Rock Tech Lithium’s Georgia Lake project, located 23 km east of Rock Tech’s spodumene pegmatites. The geology is the same as Balkan Mining and Minerals Ltd.’s Gorge Lithium project and is located 4.7 km north of their spodumene pegmatites.

The Georgina East property is underexplored because it is located just off E.G. Pye’s Georgia Lake Area map (Ontario Geological Survey, M2056, 1964), which has guided lithium pegmatite exploration in the area for many decades. Recorded historical exploration on the Georgina East property consists of drilling in 1972 and 1973 in search of sulphides and prospecting in 2009 and 2011. Most of the property has had no historical exploration despite being close to the Trans Canada Highway.

Georgina East has good infrastructure to support exploration as roads connect the property to the Trans Canada Highway No. 1. Leopard Lake Road and Camp 51 Road and multiple trails connect the property with the Trans Canada Highway to the north of the property. Trails also link adjacent properties, Georgina Stairs and Georgina East. Equinox Gold/Orion Mine Finance’s Greenstone gold mine, Geraldton, is about 34 km northeast of the property. The town of Jellicoe is 14 km to the north, Beardmore is 22 km to the northwest, Nipigon is 65 km to the south and Thunder Bay is 150 km to the southwest. Thunder Bay is a transportation hub with a deepwater harbour for shipping on Lake Superior, railway and Trans Canada highways going east and west across Canada, and a highway south to the United States.

Qualified person

Dr. Julie Selway, PhD, PGeo, supervised the preparation of the scientific and technical information that formed the basis for the written disclosure in this news release. Dr. Selway is the vice-president of exploration for Tearlach Resources and the qualified person (QP) as defined by National Instrument 43-101. Dr. Selway completed a PhD on granitic pegmatites in 1999 and worked for three years as a pegmatite geoscientist for the Ontario Geological Survey. Dr. Selway has worked on numerous pegmatites over the years, including Case Lake, Gullwing-Tot Lakes, Separation Rapids, Georgia Lake and Seymour Lake pegmatites. Dr. Selway has authored or co-authored 23 scientific journal articles on pegmatites.

About Tearlach Resources Ltd.

Tearlach, a member of the TSX Venture Exchange 50, is a Canadian exploration company engaged in acquiring, exploring and developing lithium projects. Tearlach has a joint venture agreement with Blackrock Silver on the Gabriel project in Tonopah, Nev., bordering American Lithium’s TLC deposit, and has completed 11 drill holes on the Gabriel property. Tearlach has three lithium assets in Ontario: Final Frontier, Georgina Stairs and New Frontier. Final Frontier is located adjacent to and near Frontier Lithium’s PAK lithium deposit north of Red Lake. Georgina Stairs is located northeast of Rock Tech Lithium’s Georgia Lake deposit near Beardmore. Tearlach has two lithium assets in Quebec: the Rose-Fliszar-Muscovite project in the James Bay area and the Shelby project adjacent to and near Patriot Battery Metals’ Corvette lithium project and Winsome Resources’ Cancet and Adina lithium projects. Tearlach also has the Savant property, an exploration-stage gold-silver-copper property, in Northwestern Ontario. Tearlach’s primary objective is to position itself as North America’s leading lithium exploration and development company.

We seek Safe Harbor.

https://tearlach.ca/