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Zadar Ventures Ltd
Symbol ZAD
Shares Issued 87,674,336
Close 2017-09-19 C$ 0.095
Market Cap C$ 8,329,062
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Zadar Ventures finishes surveying WSP

2017-09-19 06:43 ET - News Release

Mr. Mark Tommasi reports

ZADAR COMPLETES EXTENSIVE STRATAGEM SURVEY ON NORTHERN CLAYTON VALLEY LITHIUM PROJECT

Zadar Ventures Ltd. has completed a detailed CSAMT/MT (StrataGem) survey over the WSP lithium brine project. The survey was designed to complement the company's July, 2016, gravity survey and historic, more widely spaced gravity surveys and available drill data, that had identified a discreet, northeast-trending gravity low on the WSP project, which management interprets to represent a basinal structure capable of hosting brines with elevated lithium. Preliminary scrutiny of the data during the field survey has indicated a conductive zone at depth that may represent the newly discovered gravel zone drilled by Lithium X Energy Corp. which was reported to be 100 metres in thickness. This gravel zone only occurs in the northern part of Clayton Valley. The Littoral gravel zone was alluded to by previous Rockwood personnel but only recently confirmed by way of this survey methodology and drilling by Lithium X Energy on its NSP claims contiguous to Zadar's WSP claims.

The WSP survey was conducted by Hasbrouck Geophysics Inc., the pre-eminent geophysical survey company in the Clayton Valley area. Hasbrouck, over years of experience in Clayton Valley, has done extensive geophysical work for Pure Energy Minerals and others in the valley, and has developed a proprietary methodology with the CSAMT/MT geophysical survey based on correlating drill logs and implementing a specialized preparation technique before conducting the readings in the field. This has enabled the data to be the most reliable indicator to date of any geophysical method in revealing lithium brine conductors. All the data have been received and are now being compiled for the final report.

The company also reports it has renewed all its Clayton Valley landholdings with the Bureau of Land Management and is in good standing.

About the WSP and CR lithium projects

The WSP project is located immediately adjacent to the Rockwood/Albamarle claims in North Clayton Valley and covers approximately 425 hectares, including a gravity low anomaly interpreted to represent a basinal low permissive to host brines containing elevated concentrations of lithium. This project's merit is supported by a U.S. Geological Survey test hole (drill hole CV-2) located about 600 metres from the eastern claim boundary that reported a maximum content of 55 parts per million lithium from analyzed water samples.

The CR project lies approximately 18 kilometres southeast of Silver Peak, Nev., and covers over 330 hectares of an isolated and undrilled basin which has the potential to host a similar lithium brine environment by virtue of its proximal location to the possible source of the lithium within the Clayton Valley system. This later project has also been the subject of a suite of initial gravity surveys and shows a basinal feature, which if closed, could host brines with elevated lithium concentrations.

About Zadar Ventures Ltd.

Zadar Ventures is a resource company focused on the acquisition and exploration of economically viable green energy resources in jurisdictions favourable to mining and industry.

We seek Safe Harbor.

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