COMMUNIQUÉ DE PRESSE

par Critical Elements Lithium Corporation (isin : CA22675W1077)

Critical Elements Lithium: Rose Drilling Results and Corporate Update

MONTRÉAL, QC / ACCESSWIRE / May 16, 2023 / Critical Elements Lithium Corporation (TSX-V:CRE)(OTCQX:CRECF)(FSE:F12) ("Critical Elements" or the "Corporation") is pleased to report results from the recent infill drill program completed on the Rose Lithium-Tantalum Project ("Rose Project", "Rose" or "Project"). The Corporation completed a 2,382-meter drill program, encompassing thirteen drillholes. The program was designed to collect more geotechnical information for the optimization of mining engineering and at the same time to better tighten the drilling resolution in the eastern part of the deposit. The best intercepts are presented in Table 1 and Figure 1.

Selected drill intersection highlights include:

  • LR-22-188A: 1.33% Li2O and 66.41ppm Ta2O5 over 13.20 m
  • LR-22-189: 1.79% Li2O and 220.39 ppm Ta2O5 over 4.10 m and 1.66% Li2O and 85.91 ppm Ta2O5 over 5.20 m
  • LR-22-190: 1.78% Li2O and 205.62 ppm Ta2O5 over 7.60 m and 1.52% Li2O and 119.22 ppm Ta2O5 over 6.90 m
  • LR-22-192: 1.41% Li2O and 216.49 ppm Ta2O5 over 8.70 m
  • LR-22-193: 1.05% Li2O and 197.10 ppm Ta2O5 over 14.20 m
  • LR-22-194: 1.06% Li2O and 137.81 ppm Ta2O5 over 9.30 m
  • LR-22-195: 1.05% Li2O and 226.53 ppm Ta2O5 over 5.00 m
  • LR-22-196: 1.12% Li2O and 60.04 ppm Ta2O5 over 12.90 m
  • LR-22-197: 1.10% Li2O and 63.64 ppm Ta2O5 over 21.70 m

Table 1: Rose Project - Summary of lithium results from the recent drilling program

Hole #

UTM NAD 83 ZN18

Length

Azimuth

Dip

Number

From

To

Interval *

Li2O

Ta2O5

Easting

Northing

(m)

(°)

(°)

of samples

(m)

(m)

(m)

(%)

(ppm)

LR-22-188

420671

5763650

81.00

195

-80

10

25.10

28.00

2.90

0.72

243.46

 

 

 

 

 

 

 

36.80

39.40

2.60

1.22

252.89

LR-22-188A

420671

5763650

180.00

195

-70

34

33.70

36.70

3.00

0.94

261.15

 

133.40

146.60

13.20

1.33

66.41

LR-22-189

420770

5763687

180.00

195

-70

37

22.60

26.70

4.10

1.79

220.39

155.10

166.50

11.40

0.90

74.83

including

160.20

165.40

5.20

1.66

85.91

LR-22-190

420782

5763522

210.00

200

-70

32

51.80

59.40

7.60

1.78

205.62

126.70

133.60

6.90

1.52

119.22

including

129.40

133.60

4.20

1.85

147.75

LR-22-191

420828

5763610

192.00

200

-70

37

71.40

80.00

8.60

0.76

191.48

including

73.80

76.30

2.50

1.63

194.94

148.00

154.50

6.50

0.85

82.29

including

149.10

151.00

1.90

1.79

83.07

LR-22-192

420939

5763642

183.00

195

-70

42.00

50.70

8.70

1.41

216.49

including

43.90

50.00

6.10

1.91

207.71

101.00

109.00

8.00

1.09

128.09

LR-22-193

420883

5763535

171.00

195

-70

43

51.90

66.10

14.20

1.05

197.10

including

53.80

58.40

4.60

1.35

225.00

including

59.10

64.70

5.60

1.45

188.76

LR-22-194

420940

5763534

150.00

195

-70

24

20.90

27.70

6.80

0.78

196.62

76.50

85.80

9.30

1.06

137.81

including

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