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by Will Purcell
The critical and specialty minerals box score for Tuesday was a horrid 46-130-134 as the TSX Venture Exchange lost 25 points to 922. Mirco Wojnarowicz's Rock Tech Lithium Inc. (RCK) nevertheless added four cents to 85 cents on 43,000 shares.
Rock Tech has picked up some lithium moose pasture in Northwestern Ontario, acquiring the 9,875-hectare Victory project just east of Kenora. The transaction, which the company hyperbolizes as a strategic one that expands its made-in-Ontario lithium supply chain, is an early step in the company's regional consolidation strategy, "aimed at building a broader Ontario lithium supply chain to support future economic prosperity and continued sovereignty, anchored by Georgia Lake and connected to the proposed Red Rock converter."
Victory hosts two known pegmatites, with the Last Resort body being the initial target for exploration. Previous grab sampling yielded assays of up to 5.11 per cent lithium oxide, and the body has been mapped with a strike length of over 200 metres and a width of about 30 metres. Bounty, six kilometres distant, has been mapped at surface along a 375-metre strike, with a width of up to about 60 metres. Sampling there has returned up to 3.48 per cent lithium oxide.
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