VANCOUVER, BC–(Marketwired – October 27, 2016) – Clean Commodities Corp. (TSX VENTURE: CLE) (“Clean Commodities” or the “Corporation”) is pleased to report that it has successfully completed and received assays for the inaugural field program at its Dumont and Spodumene Lake Lithium Projects (collectively, the “Properties”), located near Nemaska, Quebec.
The 2016 field program focused on prospecting and sampling of previously mapped pegmatite occurrences, with an emphasis on identifying any that may be spodumene bearing. A total of 182 prospecting samples, consisting of 175 samples from the Dumont Lithium Project and 7 from the Spodumene Lake Lithium Project, were collected over the course of the field program. Lab assays have now been returned with a peak of 344 ppm Li2O from the Dumont Lithium Project and 54 ppm Li2O from the Spodumene Lake Project.
Pegmatitic bodies are typically emplaced as steeply dipping dykes, and often occur in swarms within district-scale trends, with a portion that may potentially be spodumene bearing. The Corporation’s Properties in the region are located approximately 5 km west (Spodumene Lake Lithium Project) and 10 km south (Dumont Lithium Project), of the Whabouchi Lithium Deposit. Apart from the Whabouchi Lithium Deposit, the region has been subject to only limited exploration for its lithium potential; however, significant pegmatite occurrences have been identified from past work on the Dumont Lithium Project.
A map [Figure 1] of the Corporation’s Dumont and Spodumene Lake Lithium Projects and sampling locations may be found at: http://ow.ly/45sj305zQav.
The elevated lithium content (344 ppm Li2O) sampled at the Dumont Lithium Project is clustered along an approximate 300 metre strike with three other samples that also returned anomalous Li2O (129 ppm, 146 ppm, 174 ppm). While no spodumene bearing pegmatites were visually identified at surface on the Properties during this first field program, the anomalous zone of lithium discovered at the Dumont Lithium Project may be indicative of higher-grades present in the vicinity. In addition, the inaugural program focused on previously mapped pegmatites and as such a large portion of the project remains to be prospected.
All samples were analyzed at Activation Laboratories Ltd. in Ancaster, Ontario for base and trace metals, including lithium (Ultratrace 7 — Peroxide Fusion — ICP & ICPMS), with select samples also analyzed for gold (1A1 Fire Assay — INAA).
The 2016 program was carried out over an approximate two-week period, through late-July into early-August on behalf of the Corporation by Dahrouge Geological Consulting Ltd.
The Corporation cautions that past results or discoveries on adjacent properties (i.e. Whabouchi) are not necessarily indicative as to the presence of any or similar mineralization on the Corporation’s properties (Dumont and Spodumene Lake).
Qualified Person
Darren L. Smith, M.Sc., P.Geol., Dahrouge Geological Consulting Ltd., a Qualified Person as defined by National Instrument 43-101, has reviewed the technical information in this news release.
About Clean Commodities Corp.
Clean Commodities Corp. (TSX VENTURE: CLE) is an exploration company holding a diverse portfolio of clean commodity assets including lithium, uranium, and PGE projects. For more information, please visit www.cleancommodities.com.
Signed,
Ryan Kalt, Chief Executive Officer
Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.
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Contact Info:
Ryan Kalt
Chief Executive Officer
604-652-1710
info@cleancommodities.com
www.cleancommodities.com