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Rock Tech - Hard Rock Lithium in Canada
May 4, 2010 @ 3:09 pm In Lithium Stocks

Rock Tech Lithium Inc. (TSXV:RCK,FSE:RJIA,Pinksheet:RCKTF) is a Canadian-based resource company focused on acquiring, exploring and developing high-quality lithium and rare metals properties into sustainable and economic mines.
The Company's strategy is to systematically advance its projects from discovery to mining.
To that end, Rock Tech has completed Phase I of its exploration program at its advanced stage project, the Georgia Lake Lithium Project in the Thunder Bay Mining District of NW Ontario, consisting of 7,600+ metres of diamond drilling and a bulk sampling program to conform its historic resource to a NI43-101 inferred resource, and to achieve acceptable recovery rates utilizing various separation methodologies, and process battery-grade lithium carbonate. The Company will continue with Phase II of its drill program to expand and update its resources and advance the Georgia Lake Project to Pre-Feasibility and Definitive Feasibility Studies, with the objective of developing a lithium and rare metals mine operation by 2014-Q4.
Additionally in 2011, Rock Tech will initiate work programs on its early exploration projects in the James Bay Region and Val d'Or Mining District of Quebec. The objective for these projects is have a lithium and rare metals/earths discovery, establish a NI43-101 resource, and advance them to economically feasible mining operations.
Rock Tech's core projects consist of the Georgia Lake Project in the Thunder Bay Mining District of NW Ontario, where a historic resource is being brought to NI 43-101 standards; the Kapiwak Project in the James Bay Region of northern Quebec, a new lithium and rare metals discovery region; and the Lacorne Project in the Val d'Or Mining District of eastern Quebec, where a lithium mine is projected to be in production in 2012.
Georgia Lake Lithium Project (NW Ontario)
Rock Tech's 100% owned Georgia Lake lithium project covers 11,481 hectares in the Thunder Bay Mining District of northwest Ontario consisting of 81 mining leases and 64 mining claims over three claim blocks. The original claim blocks, acquired in December 2009, were the subject of 33,000+ metres of drilling in the 1950s, resulting in an historic resource of 9.8 million tons with an average grade of 1.18% lithium oxide*.
The Company has recently completed a 7,600+ metre drill program whose objective is to conform the historic resource at its Nama Creek and Conway claim blocks to NI 43-101 standards by June 2011. Additionally, metallurgical analysis is underway to provide insight into recovery rates utilizing a variety of separation methodologies that can be applied to spodumene concentrate to produce battery-quality lithium carbonate.

The Georgia Lake project has the potential for significant lithium resource expansion and, to date, ground and drill results have indicated showings of other rare metals such as rubidium, beryllium, niobium, cesium and tantalum.
A production decision was made by a past operator, Nama Creek Mining Corporation, in the late 1950s. Nama Creek Mining Corporation spent in excess of $5 million (CAD) at that time to construct a four compartment mine shaft to a depth of 150+ metres and to build out the infrastructure (i.e., power lines, roads, etc.) to mine lithium from spodumene ore.
The 3 to 4 year objective for Georgia Lake is to bring the project into production by 2014, capitalizing on the growing global demand for lithium products.
The Company owns a 100% interest in 499 claims covering 26,259 hectares in the Kapiwak Pegmatite Zone of the James Bay area of northern Quebec. In April 2010, Quebec was recognized by the Fraser Institute as the world's top mining jurisdiction for the third consecutive year.
The property borders Lithium One's James Bay lithium discovery to the north which has an NI 43-101 resource estimate of 22.3 million tons grading 1.3% lithium oxide. Lithium One is further developing this project with their earn-in partner Galaxy Resources of Australia. An initial evaluation indicated that the Kapiwak lithium property is located in a promising exploration area for spodumene-bearing pegmatites and geological conditions favorable for the discovery of lithium, tantalum and other rare metals.
Aside from the Lithium One discovery, there are three other lithium and rare metals discoveries in the vicinity of the Kapiwak lithium project: Dios Exploration/Sirios Resources' project to the south and Nemaska Exploration's and Critical Element's projects to the southeast. These discoveries, along with the results of a 2009 exploration program, indicate the potential for a new lithium and rare metals discovery on the property.
The field exploration program conducted in 2009 consisted of field prospecting, sampling and sample assaying. Surface samples assayed up to 2.9% lithium oxide and contained anomalous values of a number of rare metals such as beryllium, niobium and tantalum.
Rock Tech's short-term objective is to conduct field geological work including prospecting, sampling and mapping. Based on the results of the planned geological work, a program consisting of trenching, geophysical surveying and drilling will follow.
The long-term objective for the Kapiwak project is to develop a lithium and rare metals resource that can be brought to the production stage.
Lacorne Lithium Project (Val d'Or Mining District, Quebec)
The Lacorne lithium property covers 31,049 hectares of land over 630 mineral claims. This property is located in the vicinity of several historical lithium and molybdenum prospects/mines, located one to three kilometres from different claim blocks on the property, including the following:
For the Lacorne project, the Company has planned a two-phase exploration program for 2011 and 2012, which will include airborne geophysical surveys (Phase I) and prospecting, mapping, sampling and trenching (Phase 2).
Eunho Lee, B.Sc. - Director, President and Chief Executive Officer - Eunho was appointed to the Board of Directors in April 2010 by the shareholders of Rock Tech, and was appointed as President and CEO by the Board of Directors on April 28, 2010. He is experienced in the areas of corporate affairs, development, management, administration, marketing and finance, strategic planning, and project management having held these responsibilities for numerous junior public exploration companies. He possesses over 15 years of domestic and international business experience as Director, Trade Marketing of Japan Tobacco International USA and Senior Manager, Business Development, British American Tobacco Canada, two Global Fortune 500 companies. Eunho is responsible for the general management of all corporate affairs and business development strategies for Rock Tech.
Afzaal Pirzada, M.Sc. (Geology) and P.Geo. - Director and Vice President of Exploration - Afzaal was originally appointed to the Board of Directors in May 2008 and was reappointed as Director in April 2010 by the shareholders of Rock Tech. Afzaal has over 20 years of international experience working in mineral exploration. He holds a Masters in Science degree in Geology and is registered as a Professional Geologist in British Columbia, Northwest Territories and Nunavut. He was responsible for uranium exploration with the Atomic Energy Minerals Centre of Pakistan and has led exploration projects for spodumene, iron ore, nickel, PGE, and titanium. He is the co-author of two volumes on uranium resource potential, five research publications and more than 25 reports on mineral deposits and exploration. Mr. Pirzada is a Qualified Person under National Instrument 43-101 and is responsible for all aspects of Rock Tech's exploration and field operations.
Dr. Christian Schlag, Ph.D. (Geology), M.Sc. (Economic Geology) - Director - Dr. Schlag was appointed to the Board of Directors in November 2010. He has served as the Senior Exploration Geologist for Goldfields South Africa, the Economic Research Officer of the Geological Survey of South-West Africa (Namibia), a Senior Lecturer at the University of Calaber (Nigeria), a Political Advisor for Konrad Adenauer Foundation (Tanzania), a Consultant to the Indonesian Ministry of Mines and Energy and United Nations Industrial Development Projects (Indonesia), and was a member of the Deustche Forschungs Gemeinschaft (German Research Foundation) serving as its Research Officer. Additionally, Dr. Schlag has experience as an Independent Consultant on exploration projects for rare earth metals, uranium, gold, diamonds and heavy minerals throughout Africa and Asia and was instrumental in the discovery of the Marenica uranium deposit in northern Namibia. Dr. Schlag will contribute significantly as an Advisor to the Company's exploration and development programs at Georgia Lake and James Bay.
Geoffrey Carter, B.Sc. Hons (Mining Engineering), P.Eng. - Director, Non Executive Chairman - Geoffrey was originally appointed to the Board of Directors in December 2009 and was reappointed as Director in April 2010 by the shareholders of Rock Tech. Geoffrey is a member of the Professional Engineering Association of Manitoba, and a Professional Engineer in Ontario, having practiced his profession for nearly 40 years since graduating with a Bachelor of Science (Honors) in Mining Engineering from University of Wales, University College Cardiff (South Wales, United Kingdom) in 1968. He is a Principal of Broad Oak Associates, a Toronto, Ontario-based mining consulting firm. He was the past Mine Manager for Hudson Bay Mining and Smelter Co. Ltd.'s (Anglo American) mine in Flin Flon, Manitoba and a past Mining Analyst for Midland-Doherty. He is the author of Lithium One Inc's. National Instrument 43-101 technical report for the Cyr lithium project, which borders onto Rock Tech's James Bay property in northern Quebec. As an independent director, Geoffrey provides technical and management guidance to the Company and serves as the company's non-executive chairman and chairman of the audit committee.
Chuck E. Jenkins, B.A., CGA - Chief Financial Officer - Chuck has held senior financial positions with publicly-trading companies including Oromex Resources Inc., White Mountain Titanium Corporation and Aurcana Corporation. He has also worked in a corporate finance and regulatory compliance capacity with three leading brokerage firms and served with the British Columbia Securities Commission. Mr. Jenkins obtained his BA in 1977 and has held his CGA designation since 1983.
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