Tearlach drills 33.3 feet of 1,196 ppm Li at Gabriel

Apr 18, 2023

2023-04-18 11:14 ET – News Release

Mr. Morgan Lekstrom reports

TEARLACH REPORTS INITIAL GABRIEL PROJECT DRILL RESULTS WITH EACH DRILL HOLE INTERCEPTING GRADES OVER +1,000 PPM LITHIUM IN CLAYSTONE AND THICK ZONES OF MINERALIZATION

Tearlach Resources Ltd. has released the rush assay results for the first set of five out of the 11 holes on the Gabriel project phase 1 drilling program. The drill holes contained broad mineralization zones, with intervals exceeding 1,000 parts per million (ppm) lithium (Li) and grades up to 1,460 ppm. The twinned drill holes showed grades up to 85 per cent higher than the Blackrock Silver (BRS) drill program in the mineralized zones.

Assay highlights:

Each of the five drill holes encountered over 1,000 ppm lithium with thick zones of mineralization, with assays from six drill holes pending.
The longest intercept of lithium mineralization for the five holes is 146.6 feet in hole GAB-009.
Highest primary intercept grade is 802 ppm Li over 61 feet in hole GAB-018.
The highest grade for an included intercept is 1,196 ppm lithium over 33.3 feet, including 1,460 ppm in hole GAB-012.
Each hole returned multiple assay values (total of 15) greater than 1,000 ppm Li, with the highest value being 1,460 ppm.

Continuity:

Geological continuity of claystone stratigraphy in all drill holes.
4.12 square kilometres was drilled in this initial drilling campaign.
The reported drill core holes are within a general area of 1.5 km by 2.75 km.

Comparison with previous results:

The lithium intercepts confirm BRS’s discovery, and the Gabriel twin holes’ confirmation drilling yielded grades 40 per cent to 85 per cent higher than the corresponding Blackrock Silver holes.
The continued discrepancy between the Tearlach and BRS assays justifies a comprehensive reassay program for BRS TN22 drill hole pulps, with results to be utilized in future resource estimation.
Bordering American Lithium Corp.’s TLC deposit, Gabriel shows similar lithium-bearing lithologic horizons and similar potential to host a significant lithium deposit immediately adjacent to a major highway, U.S. 95, and just outside of the town of Tonopah. There is no assurance that mineralization comparable in size or scale to that on adjacent properties will be discovered on Gabriel.

Note: Mineralization on adjacent or nearby properties is not indicative of mineralization on the Gabriel project.

“This is a big step for Tearlach, from the joint venture’s inception to the first drill results within three months, and is a massive credit to the team. Not only have we confirmed the discovery, but our core drilling has established that the grade profile is substantially higher than previously discovered by BRS. These results, along with the wide-spaced stepout holes that remain to be reported, demonstrate the project’s high-grade and thick zone potential over a large area. American Lithium and American Battery Technology, also on the Tonopah lithium belt, have emerged as globally significant deposits. With Tearlach’s team seeing many similarities, Gabriel could quickly advance to a similar state of development, with a resource planned by year-end,” Morgan Lekstrom, the chief executive officer, explained. “The recheck assay program is a very simple solution developed in collaboration with our resource modellers and geologists that allow us to utilize the BRS program in our resource modelling, again low-cost-high-impact work.”

Results have been received for two core holes that have been drilled to twin a Blackrock Silver rotary hole (the TN22 holes). A zone of claystone-hosted lithium mineralization is present in both holes. The intercept grade for both holes is higher than the corresponding intercept for the Blackrock Silver-drilled TN22 holes.

Analytical results for three stepout Gabriel core holes have been received and reported as shown in the table entitled “Gabriel stepout holes.” Lithium mineralization in these three holes is primarily hosted in laminated claystone and locally within gravel interbeds.

It is encouraging that the lithium mineralization intersected in these holes expands the footprint of drilled mineralization into the western portion of the Gabriel property.

Assay procedures

The procedures utilized for handling the drill core and analysis of samples are as follows:

Core boxes transported daily from the drill rig to the BRS core logging facility in Tonopah, Nev., by either the drill crew or Tearlach geologists;
Initial logging of the core conducted by the Teralach geologists, including for rock type, per cent recovery and rock quality;
Sample intervals marked;
Certified reference material (CRM) pulps, coarse blank and blank pulps inserted into the sample set;
Photographed each box of core;
Core boxes transported from the Tonopah logging facility to the ALS laboratory located in Reno, Nev., by either ALS contracted drivers or by Teralach geologic staff;
Core cut and sampled by ALS staff;
Samples dried, weighed, crushed, pulverized and split by ALS;
Samples subjected to a four-acid digestion and analyzed by ICP (inductively coupled plasma) (ME-ICP61) by ALS;
Chain of custody and security maintained throughout the material handling and analytical processes.

Teralach geologists have identified 650 samples (3,250 feet of drilling) from TN22 holes that are candidates for check assaying (reassay pulps). The addition of this data to the GAB drilling dataset, at a low relative cost, will expand the extent of data around the perimeter of GAB holes and increase the density of data internal to the GAB drill pattern. A set of 28 intact core samples have been collected for bulk density measurement. The determinations will be conducted by the ALS laboratory in Reno, Nev. The bulk density values will be directly utilized for resource model calculations.

Qualified person

David Flint, CPG with AIPG, director of the subsidiary Pan Am Lithium (Nevada) Corp., and a qualified person as defined by National Instrument 43-101 — Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About Tearlach Resources Ltd.

Tearlach, a member of the TSX Venture 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/