LITHIUM: Nemaska extends Whabouchi Main zone by 200 metres

QUEBEC – Drilling at the Whabouchi lithium project belonging to Nemaska Lithium of Quebec City has extended multiple dykes including the Main dyke of the deposit by 200 metres to the east. The deposit remains open below 170 metres deep,...

QUEBEC – Drilling at the Whabouchi lithium project belonging to Nemaska Lithium of Quebec City has extended multiple dykes including the Main dyke of the deposit by 200 metres to the east. The deposit remains open below 170 metres deep, the current bottom of the optimized pit shell.

The best results came from hole WHA-13-132 from 195.6 to 208.7 metres. The core assayed 2.19% Li2O over a true width of 10.04 in the Main dyke. Other holes in the Main dyke returned 1.50% over 12.78 metres, 1.56% over18.68 metres, 1.68% over 10.73 metres, 1.69% over 17.61 metres, 1.24% over 17.57 meters, 1.56% over 13.71 metres, 1.70% over 12.99 metres, 1.48% over12.69 metres, and 1.33% over 8.03 metres.

Other results from the North and South dykes as well as two arms of the Main dyke indicate that the deposit is not only high grade but homogeneous.

Nemaska president and CEO Guy Bourassa said, "We took a conservative approach and only reported intersections over 9 meters though hole WHA-13-136 intersected 3.03% Li2O over 5.55 m. We will be incorporating these noteworthy results in an updated NI 43-101 resource estimate to be included in the feasibility study due in Q1 2014. Nemaska has the richest NI 43-101 compliant lithium resource outside a major producer in the world."

Click here to view sections 10+50E to 14+00E showing past results as well as results of the latest drilling campaign.

Also visit NemaskaLithium.com.

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