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New Tech Lithium acquires Buena Vista Hills Azure Acreage In Nevada



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New Tech Lithium acquires Buena Vista Hills Azure Acreage In Nevada

Cobalt mineralization and provenance The Buena Vista Hills azure activity is in arctic Pershing county, southeast of Lovelock, Nev. Azure mineralization at the Buena Vista Hills azure activity is advised allotment of an IOCG mineralization accident amid aural and associated with the Jurassic-aged Humboldt mafic magmatic complex. Azure mineralization occurs temporally, with copper-gold mineralization as allotment of a sulphide mineralization accident that postdates it, and in places that partially overprint beforehand oxide, magnetite and adamant ore metasomatic backup mineralization. Azure is associated with broadcast massive pyrite and stockwork-pyrite veining sulphide mineralization that is temporally associated with, but spatially afar from, copper-gold sulphide mineralization. IOCG adamant ore mineralization has been mined in the accomplished at several locations in the Humboldt mafic complex, as apparent by several absolute celebrated accessible pits and associated decay piles. Strongly breakable cobalt-bearing pyrite is apparent in a celebrated (approximately 660 anxiety by 600 anxiety and 150 anxiety deep) open-pit adamant ore abundance at the breadth of interest. IOCG associated copper-gold analysis has occurred at several locations in the Humboldt mafic circuitous as well.

Cobalt mineralization occurs as disseminations and stockwork veins of cobalt-bearing pyrite associated with able sodium-calcium hydrothermal about-face in gabbroic advancing rocks, co-magmatic basalt-andesite agitable breeze rocks and replacements of broadcast to massive magnetite bodies. The ablaze host rocks are all allotment of the Jurassic-aged Humboldt IOCG mafic magmatic complex. Very low levels of nickel-sulphide mineralization represent the alone added abject metal associated with the cobaltoan-pyrite sulphide mineralization and the anticipation can be characterized as an iron-cobalt deposit. Cobaltoan-pyrite sulphide mineralization is associated with albite-actinolite and backward chlorite-sericite about-face that action alfresco of or variably overprint beforehand scapolite-hornblende about-face in gabbro advancing rocks, basalt-andesite agitable breeze rocks and aboriginal broadcast to massive magnetite backup bodies, which are genetically and spatially accompanying to high-temperature, intrusive-proximal scapolite-hornblende alteration.



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Cobalt geochemical results Due activity bedrock dent geochemical after-effects for samples calm by New Tech Lithium from the top of the northeast allowance of a celebrated adamant ore open-pit abundance on the acreage ambit from 0.048 per cent to 0.113 per cent azure and affirm ahead appear bedrock dent sample azure abstracts calm from about the absolute accessible pit and celebrated assignment abstracts from a single, vertical, 580-foot about-face apportionment analysis assignment aperture completed by the owners in 2008. The assignment aperture is amid about 330 anxiety northeast of the northeast pit bank and contains a 40-foot breach with an boilerplate brand of 0.12 per cent CoO occuring aural a 60-foot breach of 0.1 per cent CoO and a 90-foot breach of 0.09 per cent CoO. Complete NewTech Lithium due activity as able-bodied as allusive celebrated bedrock dent and assignment aperture sample after-effects are appear as follows.

Complete celebrated and contempo azure geochemical results

New Tech Lithium due activity geochemical results:

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1. Four bedrock dent samples from apparent mineralization at the top/upper bank of accessible pit and northeast development pit alfresco the pit ranged from 0.048 % to 0.113 % Co, with an boilerplate brand of 0.0723 % Co. 2. This includes one sample from a baby development pit amid about 1,000 anxiety northeast of the capital apparent mineralized area of 0.048 % Co. 3. There were two dump samples with an boilerplate brand of 0.013 % Co. 4. There was one sample from development pit, about 800 anxiety southwest of the capital apparent mineralized area and alfresco the pit, allocation 0.047 % Co.

Unpublished geochemical data:

1. Fifteen pit bank bedrock dent and dump samples ranged from 0.009 per cent to 1.2 % Co, with an boilerplate brand of 0.23 % Co. If the anomalously low (0.009 % Co) and aerial (1.2 % Co) azure absorption samples are cut from the sample population, the ambit becomes 0.023 % to 0.82 % Co, with an boilerplate brand of 0.18 % Co.

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Historic RC assignment aperture abstracts (drill aperture amid about 330 anxiety northeast of capital apparent azure mineralized area in the accessible pit):

1. 20 anxiety to 110 anxiety at 0.09 per cent CoO; a). Including 20 anxiety to 80 anxiety at 0.10 per cent CoO; b). Including 40 anxiety to 80 anxiety at 0.12 per cent CoO;

Source : Strategic Research Institute, SteelGuru

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