SAN DIEGO, CA--(NewMediaWire - Oct 11, 2016) - Recent work on
claims adjoining the west boundary of the SourcingLink.net, Inc.
(OTC PINK: SNET) claims by Critical Elements Corp has
identified a 700-meter-long, lithium-bearing pegmatite that has
been traced virtually to the SNET claim boundary. See Critical
Elements press release dated August 8, 2016, "Discovery of a
pegmatite traced over more than 700 metres on surface returns up to
3.04% Li2O and 248 PPM Ta2O5 from six grab samples1 averaging 1.61%
Li2O and 142 PPM Ta2O5 at helico-south, rose lithium-tantalum
project."
Plans are to visit the Lac Fire claims and identify locations of
past work on the property. Results of this past work have been
detailed in past SNET News Releases on August 2, 4, 19, 25 and
September 2. Samples will be taken on reported mineralized
occurrences and old drill holes will be located. Sampling will
be done with the aid of an XRF instrument that will give an instant
reading of indicator elements for lithium such as rubidium,
tantalum and gallium. An attempt will be made to locate and
resample the old drill core which was likely stored on the
property.
The Critical Elements press release states, "A quick visit to
two showings located south of the Helico showing (Helico Sud) and
south of the Lac Eli-Ouest showing (Lac Eli-Sud) identified
high-grade zones within the Helico Sud pegmatite. A total of nine
chip samples were collected on the showings in areas of outcropping
spodumene pegmatites. The results confirm high levels of lithium,
up to 3.04% Li2O and 248 ppm Ta2O5, at Helico Sud. The location of
the Helico Sud showing is shown on the map below."
"This recent development in the area once again proves that the
Lac Fire property has an excellent chance of hosting significant
lithium-tantalum mineralization." -- Wayne Holmstead, geologist
About The Eldor and Lac Fire Projects:
SourcingLink.net, Inc. acquired 8 new lithium-tantalum claims in
James Bay, Quebec, Canada. The block of 8 new claims share a 12 km
boundary which is on three sides with the Rose Lithium Tantalum
Property of Critical Elements Corp. The new Lac Fire property was
staked to strategically cover ground that may be on strike and have
similar geology to the Rose Lithium Tantalum Resource.
The company has signed an agreement to acquire 100% interest in
the Eldor Rare Earth Property Claims (The Eldor Project) located in
Northern Quebec, Canada (one of the most favorable mining
jurisdictions in the world). The Eldor Project consists of 34
mineral claims covering approximately 3951 acres and is located in
Northern Quebec which is considered one of the most favorable
mining jurisdictions in the world.
About SourcingLink.net, Inc.:
SourcingLink.net is a U.S. based publicly traded exploration and
development company. Their focus in on rare metals and rare earth
elements which are among the primary input materials for the 21st
Century technology.
Forward-looking Statements
This release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements, which contain words such as "expect,"
"believe" or "plan," by their nature address matters that are, to
different degrees, uncertain. These uncertainties may cause actual
future events to be materially different than those expressed in
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forward-looking statements.
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