Critical Elements Corporation Intersects 1.29% Li20 and 275 ppm Ta2O5 Over 5.90 Metres Near Surface
June 09 2011 - 1:32PM
Marketwired
Critical Elements Corporation (TSX VENTURE: CRE) (OTCQX: CRECF)
(FRANKFURT: F12) is pleased to announce the latest results of
drilling on the Rose Tantalum-Lithium deposit. The table below
shows the results for holes LR-11-167 and LR-11-172 to LR-11-181
drilled to test the eastern extension of the zones. All the holes
intercepted the mineralized zones with similar grades to earlier
results. Furthermore, some intersections returned particularly high
tantalum grades, such as holes LR-11-167, LR-11-172 and LR-11-173,
which yielded 549, 338 and 359 PPM TA2O5 respectively.
All these results will be included in the new resource
evaluation already in progress.
A map showing the location of the holes drilled on the Rose
Tantalum-Lithium project can be found in the Projects section of
Critical Elements' website, at
http://www.cecorp.ca/en/projects/rose-tantalum- lithium.html.
THE RECENTLY OBTAINED RESULTS ARE AS FOLLOW:
LENGTH
HOLE FROM TO ALONG THE Li20 Ta2O5 BeO Rb Ga
CORE ppm ppm ppm ppm
No. (m) (m) (m) (%) (g/t) (g/t) (g/t) (g/t)
----------------------------------------------------------------------------
25.00 26.70 1.70 0.09 549 154 3611 72
32.60 38.50 5.90 1.29 275 288 3521 83
LR-11-167 56.65 58.70 2.05 0.55 157 247 1021 72
95.40 103.75 8.35 1.3 133 536 3042 77
169.90 174.45 4.55 0.53 101 303 2322 66
----------------------------------------------------------------------------
57.05 65.50 8.45 0.62 338 491 2686 65
LR-11-172 87.10 89.60 2.50 0.02 96 402 2470 58
127.85 136.80 8.95 1.09 101 387 2224 77
----------------------------------------------------------------------------
LR-11-173 78.05 79.65 1.60 0.3 359 614 4511 56
84.35 87.75 3.40 0.64 182 361 2405 68
112.25 114.65 2.40 0.02 246 583 954 49
154.90 161.75 6.85 0.04 168 516 2391 64
----------------------------------------------------------------------------
LR-11-174 6.00 8.25 2.25 0.01 209 596 2053 64
108.65 110.15 1.50 0.02 208 183 3440 75
194.95 198.10 3.15 0.01 284 224 2155 61
200.65 202.10 1.45 0.02 232 102 388 60
----------------------------------------------------------------------------
LR-11-175 93.40 101.15 7.75 0.83 137 267 2278 73
118.90 126.40 7.50 0.61 242 260 1638 106
----------------------------------------------------------------------------
LR-11-176 85.20 94.00 8.80 1.06 206 438 3220 74
----------------------------------------------------------------------------
LR-11-177 8.75 10.50 1.75 0.02 237 1246 2441 68
125.50 129.15 3.65 0.28 278 453 2351 75
----------------------------------------------------------------------------
LR-11-178 74.65 78.95 4.3 0.08 160 474 1936 47
218 224.05 6.05 1.42 103 584 2049 73
----------------------------------------------------------------------------
LR-11-181 83.55 86.00 2.45 0.18 148 231 5259 52
109.85 112.95 3.10 0.01 143 242 462 41
(i) 1 ppm = 1 g/t
All samples were sent for analysis in sealed containers to the
ALS Chemex laboratory in Val-d'Or by employees of the Company. ALS
Chemex is the laboratory used for analysis of all samples from
programs on the Lac Pivert/Rose property. The samples are weighed
and identified prior to sample preparation. The samples are crushed
to 70% minus 2 mm, then separated and pulverized to 85% passing 75
micron m. All samples are analyzed using ICP-MS, with full analysis
for 47 elements.
ABOUT CRITICAL ELEMENTS CORPORATION
Critical Elements is actively developing its 100%-owned Rose
lithium-tantalum flagship project located in Quebec. The project
hosts a current Indicated resource of 11.4 million tonnes of 1.34%
Li2O and 165 ppm Ta2O5 and Inferred resource of 2.1 million tonnes
of 1.27% Li2O and 138 ppm Ta2O5.
Critical Elements has commissioned a prefeasibility study for
the project from Genivar, one of the largest independent
engineering firms in Canada. Genivar is also doing an environmental
study, and Acme Metallurgical Ltd. of Vancouver is carrying out
project metallurgy.
Critical Elements' portfolio also includes rare-earth and
tantalum-niobium projects in the Rocky Mountains of British
Columbia and in Quebec, as well as a 50% interest in the Croinor
project, which is located in Quebec and contains a measured and
indicated resource of 814,228 tonnes at 9.11 g/t Au, for 238,414
ounces of gold at a 5 g/t cut-off.
Jean-Sebastien Lavallee (OGQ #773), geologist, shareholder and
President and Chief Executive Officer of the Corporation and a
Qualified Person under NI 43-101, has reviewed and approved the
technical content of this release.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Critical Elements Corporation Jean-Sebastien Lavallee,
P.Geo. President and Chief Executive Officer 819-354-5146
president@cecorp.ca Paradox Public Relations 514-341-0408
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