Nemaska Continues to Report High-Grade Intersections From Whabouchi Lithium Project
Published : April 20, 2011

25.5 m at 2.28% Li2O, 23.0 m at 1.92% Li2O and 11.9 m at 2.36% Li2O

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Beryllium |

QUEBEC CITY, QUEBEC--(Marketwire - April 20, 2011) - Nemaska Exploration Inc. («Nemaska» or the «Corporation») (News - Market indicators) (OTCBB:NMKEF) (FRANKFURT:NOT) is pleased to continue reporting the results from 5 additional holes of its drill program recently completed on its 100% owned Whabouchi project. In total 8,909 metres have been drilled in 43 holes. The results continue to illustrate the high-grade of the main mineralized zone and confirm the presence of smaller dykes to the South of the Main zone. Highlights include: 25.5 m at 2.28% Li2O, 23.0 m at 1.92% Li2O and 11.9 m at 2.36% Li2O. The results of the initial 17 holes have been released on March 24 and April 11, 2011.

The intersections from these 5 holes are as follows:

Section Hole From (m) To
(m)
Core length
(m)
True width
(m)
Li2O %
3+75 E WHA-10-85 10,2 35,0 24,8 23,0 1,92
3+75 E   58,8 65,0 6,2 5,8 1,68
4+00 E WHA-10-86 23,8 32,3 8,5 6,6 2,14
4+25 E WHA-10-87 19,0 32,3 13,3 11,9 2,36
4+25 E   47,0 70,1 23,1 20,6 1,58
6+00 E WHA-10-88 19,5 23,0 3,5 3,0 0,98
6+00 E   33,1 48,8 15,7 13,3 1,74
6+00 E   64,5 81,0 16,5 14,0 1,63
7+00 E WHA-10-89 25,1 31,8 6,7 6,0 0,98
7+00 E   34,4 35,0 5,3 4,7 1,78
7+00 E   45,0 48,0 3,0 2,7 2,28
7+00 E   57,0 63,7 6,7 6,0 0,84
7+00 E   67,0 95,7 28,7 25,5 2,28

The Company has reported the intersection lengths as well as the best estimates of the true widths given the current understanding of the geology. The drill holes were done at an average azimuth of 330 degrees and a dip of 50 degrees. The pegmatite bands have generally an azimuth of 060 degrees and a South-East dip of 70 degrees to 80 degrees.

All samples have been shipped to the Table Jamésienne de Concertation Minière ("TJCM") in Chibougamau, Quebec, for preparation process: inventory, drying, weigh, crushing, split and pulverization. The pulverized portions were then sent by secured courier to either the laboratory of SGS Mineral Services in Don Mills, Ontario ("SGS"), or to the ALS Chemex facilities in North Vancouver, British-Colombia ("ALS"), for lithium, beryllium and rubidium analysis by Inductively Coupled Plasma methods. These laboratories are recognized by the industry and accredited ISO/MEC 17025 by the Standards Council of Canada. In addition to the quality assurance and quality control ("QA/QC") employed by SGS and ALS, Nemaska Exploration develops a rigorous QA/QC protocol for its operators, including the insertion of analytical standard samples, duplicates and coarse silica blanks on a systematic basis. To determine the QC warning, ±2x Std. Dev., and QC failure ±3x Std. Dev. were used. QC results did not highlight any significant analytical bias.

The technical sections of this press release have been prepared by Yvan Bussières, P. Eng and reviewed by Yves Caron, M.Sc., P. Geo., qualified persons as defined in National instrument 43-101.

About Nemaska

Nemaska Exploration Inc. is a mineral exploration company involved in the James Bay region of Quebec. Its main assets are the Whabouchi (about 1,716 hectares), Lac Levac (about 9,200 hectares), Lac Arques (about 39,470 hectares), and Lac des Montagnes (about 12,740 hectares) properties, all 100 % owned. These properties are contiguous and cover about 85 km of the Lac des Montagnes green belt polymetallic formation. They are easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km) and are located near the Cree community of Nemaska and the Némiscau airport.

The statements herein that are not historical facts are forward‐looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties. Actual results could differ from those currently projected. The Corporation does not assume the obligation to update any forward‐looking statement.

Neither 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.

Nemaska Exploration Inc.
Guy Bourassa
President
418-704-6038
bourassag@nemaskaexploration.com
or
Wanda Cutler
Investor Relations
416-303-6460
wandajcutler@gmail.com
Data and Statistics for these countries : Canada | Colombia | All
Gold and Silver Prices for these countries : Canada | Colombia | All

Nemaska Exploration

EXPLORATION STAGE
CODE : NMX.V
ISIN : CA64045C1068
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Nemaska Exploration is a nickel and copper exploration company based in Canada.

Nemaska Exploration holds various exploration projects in Canada.

Its main exploration properties are SIRMAC, WHABOUCHI, LAC NEVAC, LAC ARQUES and LAC DE MONTAGNES in Canada.

Nemaska Exploration is listed in Canada. Its market capitalisation is CA$ 312.6 millions as of today (US$ 240.4 millions, € 217.0 millions).

Its stock quote reached its lowest recent point on November 01, 2013 at CA$ 0.08, and its highest recent level on May 27, 2016 at CA$ 1.97.

Nemaska Exploration has 252 083 755 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Nominations of Nemaska Exploration
7/8/2013Lithium Appoints Paul-Henri Couture to the Company's Board o...
Project news of Nemaska Exploration
2/17/2015(Whabouchi)Lithium Announces Mine Permitting Public Hearings for Whabou...
9/4/2013(Whabouchi)Lithium Provides Update on Whabouchi Lithium Mine and Proces...
5/24/2013(Whabouchi)Lithium Advances Whabouchi Mine Project and Provides Update ...
2/7/2013Lithium Proceeds With Building of Phase 1 Lithium Hydroxide ...
5/5/2011(Whabouchi)Blasts a 50 Tonnes Bulk Sample at Whabouchi Lithium Project ...
3/24/2011(Whabouchi)Whabouchi Lithium Project Continues To Produce Wide High-Gra...
8/3/2010(Whabouchi)Reports Drill Results From Nisk 1 Nickel-Copper Deposit and...
6/1/2010(Whabouchi) Releases Initial NI 43-101 Resource Calculation for its Li...
Corporate news of Nemaska Exploration
6/29/20166/29/2016 10:05:15 AM Nemaska Lithium Receives Second Instal...
6/15/20166/15/2016 7:53:41 AM Nemaska Lithium Conditionally Approved ...
6/14/20166/14/2016 6:30:00 AM Nemaska Lithium Achieves Milestone for ...
6/10/20166/10/2016 11:41:32 AM Nemaska Announces a Financing by Way o...
12/24/201512/24/2015 11:45:00 AM Nemaska Announces the Grant of Stock ...
12/1/201512/1/2015 6:30:00 AM Nemaska Lithium Receives DTC Eligibilit...
12/1/2015Nemaska Lithium Receives DTC Eligibility
11/23/201511/23/2015 6:30:00 AM Nemaska Lithium Appoints Francois Biro...
11/23/2015Nemaska Lithium Appoints Francois Biron to Board of Director...
11/19/2015IIROC Trading Resumption - NMX
11/19/201511/19/2015 2:00:00 AM Nemaska Lithium Signs MOU with Johnson...
10/19/201510/19/2015 6:30:00 AM Nemaska Lithium Receives Notice of All...
10/19/2015Nemaska Lithium Receives Notice of Allowance for its Lithium...
10/6/201510/6/2015 9:51:35 AM Nemaska Lithium Intended Facilities Not...
10/6/2015Nemaska Lithium Intended Facilities Not Impacted by Fire in ...
9/10/2015Nemaska Lithium to Speak at Benchmark Intelligence Battery R...
9/8/20159/8/2015 1:30:00 PM Nemaska Lithium to Build Hydromet Plant ...
9/8/2015Nemaska Lithium to Build Hydromet Plant in Shawinigan, Quebe...
9/4/20159/4/2015 10:00:00 AM Nemaska Lithium Receives General Certif...
9/4/2015Nemaska Lithium Receives General Certificate of Authorizatio...
8/12/2015Nemaska Lithium Provides Update on Community Relations for i...
7/30/2015Nemaska Lithium Receives Positive Federal Environmental Asse...
7/17/20157/17/2015 5:23:02 PM Nemaska Announces Amendment to Warrants
7/17/2015Nemaska Announces Amendment to Warrants
7/9/20157/9/2015 10:12:08 AM Nemaska Lithium Enhances and Expands Te...
7/9/2015Nemaska Lithium Enhances and Expands Team
4/2/2015Nemaska Lithium Completes COMEX Public Hearings for Whabouch...
3/11/20153/11/2015 11:07:49 AM Nemaska Lithium Confirms Closing of a ...
3/11/2015Lithium confirme la clôture d'un placement privé de 400 000 ...
2/17/20152/17/2015 10:00:00 AM Nemaska Lithium Announces Mine Permitt...
2/17/2015Nemaska Lithium Announces Mine Permitting Public Hearings fo...
2/17/20152/17/2015 7:00:00 AM RETRANSMISSION: Nemaska Lithium Secures...
2/17/2015RETRANSMISSION: Nemaska Lithium Secures $12.87 Million Grant...
2/16/20152/16/2015 3:00:00 PM Nemaska Lithium Secures $12.87 Million ...
2/16/2015Nemaska Lithium Secures $12.87 Million Grant From Sustainabl...
1/30/20151/30/2015 4:32:34 PM Nemaska Lithium Announces the Filing of...
12/22/201412/22/2014 9:38:12 AM Nemaska Lithium Provides Permitting Up...
12/22/2014Nemaska Lithium Provides Permitting Update on the Whabouchi ...
11/20/201411/14/2014 10:43:54 AM Nemaska Lithium Closes $1,250,000 Fin...
11/20/201411/17/2014 12:39:51 PM Nemaska Lithium Financing Oversubscri...
11/8/2014Friday, November 7, 2014 Social Economic Partnership Agreeme...
11/7/2014Social Economic Partnership Agreement for the Whabouchi Mine...
11/6/2014Wednesday, November 5, 2014 Media Advisory: Nemaska Lithium ...
11/5/2014Media Advisory: Nemaska Lithium to Sign Impact Benefit Agree...
8/27/2014Nemaska Lithium Patent Applications Published
7/2/2014Nemaska Lithium Files Whabouchi Feasibility Study and Contin...
5/13/2014Media Advisory: Nemaska Lithium to Review Feasibility Study ...
5/13/2014IIROC Trading Resumption - NMX
5/13/2014Nemaska Lithium Whabouchi Feasibility Study Shows NPV of $92...
5/13/2014IIROC Trading Halt - NMX
5/5/2014Nemaska Lithium Advances Environmental Permitting on Whabouc...
4/10/2014Nemaska Lithium Confirms 99.99% Lithium Hydroxide from 1,000...
10/28/2013Lithium Announces a C$2,000,444 Closing
10/17/2013Lithium Announces the Filing of a Second Prospectus Suppleme...
10/1/2013(Whabouchi)Lithium Extends Mineralization to the East of its Whabouchi ...
4/30/2013Lithium Gets 1st Prize for its Innovative Technology, at the...
4/11/2013Lithium Orders Long Lead Items for Phase 1 Plant and Closes ...
4/2/2013Lithium Revises C$25Million QSSP II Eligible Offering
3/14/2013Lithium Launches a C$25Million QSSP II Eligible Offering
11/1/2012Lithium in Discussions with Partner Tianqi Lithium on Market...
10/10/2012Jean-Marc Lacoste Appointed President and Chief Executive Of...
10/2/2012Media Advisory/REMINDER: Nemaska Lithium Holds Press Confere...
9/27/2012Media Advisory: Nemaska Lithium Holds Press Conference to An...
9/17/2012Lithium Moves Closer to Building Lithium Hydroxide/Carbonate...
6/10/2011Announces the Closing of the Initial Public Offering of its ...
6/3/2011Announces that its Subsidiary, Monarques Resources Inc. Has ...
5/31/2011Redeems the $1M Convertible Debenture Issued in Favor of Gol...
4/27/2011(Whabouchi)Continues to Report Excellent Width and High-Grade Intersect...
4/20/2011(Whabouchi)Continues to Report High-Grade Intersections From Whabouchi ...
4/8/2011Invitation
3/31/2011to Transfer its Non-Lithium Related Assets to Monarques Reso...
3/17/2011Plans to Transfer Its Non Lithium Related Assets to a Subsid...
5/4/2010Reports 75.6 M at 1.94% Li2O and 173 ppm Be
3/31/2010Reports 52.3 m at 1.85% Li2O, 165 ppm Beryllium (Be) and 157...
3/23/2010Reports 87.5 M At 1.39% Li2O, 151 ppm Berrylium (Be) and 124...
3/16/2010Signs Financial Public Relations Service Agreement With MI3 ...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (NMX.V)
1.24+7.83%
TSX-V
CA$ 1.24
07/07 15:59 0.090
7.83%
Prev close Open
1.15 1.17
Low High
1.17 1.25
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  1.24 -%
Volume 1 month var.
2,321,971 -%
24hGold TrendPower© : -8
Produces
Develops
Explores for Beryllium - Cobalt - Copper - Lithium - Nickel
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 6.92-1.42%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.41-3.67%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59+1.21%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.06-0.96%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 11.47-4.50%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.30-1.67%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+8.57%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.60-3.03%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 41.34-1.76%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.