14.09.2016 20:08:26
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DGAP-News: Noka Resources Inc
DGAP-News: Noka Resources Inc. / Key word(s): Drilling Result/Interim Report
Noka Encounters Anomalous Lithium Mineralization At Lincoln Property,
Clayton Valley, Nevada
14.09.2016 / 20:08
The issuer is solely responsible for the content of this announcement.
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Noka Encounters Anomalous Lithium Mineralization At Lincoln Property,
Clayton Valley, Nevada
Vancouver, British Columbia, September 13, 2016 - Noka Resources Inc. (NX:
TSX-V) (2NKN: FSE) (NOKAF: US) (the "Company" or "Noka") is pleased to
announce that it has received results from its initial surface sampling
program conducted in the southeastern portion of its Lincoln lithium
project located in the Clayton Valley, Esmeralda County, Nevada.
A total of 24 surface samples were taken using augers and hand equipment to a maximum depth of approximately 2m. Samples consisted of white salts, brown and green clays as well as coarse-grained sands.
The samples results ranged from 87 ppm Li to 380 ppm Li and on a preliminary basis seem to define six distinct regions of anomalous lithium, which likely has been generated by evaporative concentration of lithium drawn from underlying brines. (See maps and photos on the Company's website: http://nokaresources.com/ ).
Sample ID Lithium (ppm) CLT16-02-01 250 CLT16-02-02 210 CLT16-03-01 180 CLT16-02-02 180 CLT16-04-01 380* CLT16-04-02 200 CLT16-04-03 180 CLT16-05-01 190 CLT16-05-02 87 CLT16-06-01 310* CLT16-06-02 300* CLT16-62-03 220 CLT16-07-01 140 CLT16-07-02 150 CLT16-02-03 140 CLT16-08-01 160 CLT16-08-02 130 CLT16-12-01 260 CLT16-12-02 240 CLT16-12-03 280 CLT16-13-01 130 CLT16-13-02 170 CLT16-13-03 100 CLT16-16-14 180
In light of the highly anomalous lithium values encountered in surface pits and auger holes, with some values exceeding 300ppm, the Company will commence leaching tests on surface clay samples to be followed, if warranted, with an auger drilling program to test lithium concentrations in clays down to a depth of approximately 75m.
In addition, the Company is also expecting final assays from its Columbus Lithium brine project, located in the adjacent Big Smokey Valley, Esmeralda County, where Nasdaq listed Uranium Resources Inc. has met with considerable success with its 2016 sampling program.
The samples were analyzed for lithium content by WETLAB Western Environmental Testing Laboratory in Sparks, Nevada, an EPA accredited independent laboratory. Samples were analyzed using Standard Methods for the Examination of Water and Wastewater, online edition, Methods for Determination of Organic Compounds in Drinking Water, EPA--600/4--79--020, and Test Methods for Evaluation of Solid Waste, Physical/Chemical Methods (SW846). All samples contained lithium levels that were significantly above the detection reporting levels.
About the Lincoln Property
The Lincoln Property consists of approximately 1600 acres located in northwest part of the productive Clayton Valley. The Lincoln Property is situated near the northwest flank of Rockwood Lithium's Silver Peak Mine, the only lithium producer in North America. The Property lies adjacent to the west of Lithium X's north block. Exploration logistics are excellent with property access via a paved highway approximately ½ km from the Property boundary.
Dale Ginn, P.Geo. has approved the information contained in this release. Mr. Ginn is a Director for Noka and is a Qualified Person as defined by NI 43-101.
For further information, contact Nav Dhaliwal, President and Chief Executive Officer, at nav@nokaresources.com or 604-678-5308 or visit www.nokaresources.com.
ON BEHALF OF THE BOARD "Nav Dhaliwal" Nav Dhaliwal, President and Chief Executive Officer Suite 510-744 West Hastings Street Vancouver, British Columbia, V6C 1A5 Tel: (604) 678-5308 www.nokaresources.com
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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14.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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501909 14.09.2016
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