Rock Tech Lithium Identifies 3 New Prospects at Its Georgia Lake Site Near Beardmore, Ontario

 Rock Tech Lithium Inc.  announced positive assay results of a 2022 summer exploration at its 100%-owned Georgia Lake Lithium project in the Thunder Bay Mining District of Ontario.
 The Georgia Lake Project, located between Nipigon and Beardmore, Ontario is comprised of 1,042 hectares of mineral leases and 5,686 hectares of mineral claims. 

The samples were collected during an extensive field exploration program that was completed between July and September of 2022. Work included prospecting and mapping of spodumene-bearing pegmatites in areas both proximal to known deposits and in under-explored areas at the Georgia Lake property.

Three new prospects were  identified at Camp 38 and Conway East based on assay results of samples collected from several areas at the Georgia Lake location. Further trenching and drilling will be used to more precisely determine the dimensions of the spodumene-pegmatites, however the current minimum interpreted strike-extent ranges from 100 metres for Line 20 and Camp 38 to 500 meters for Conway East. Rock Tech plans to conduct a trenching program in the summer of 2023 to follow-up on the positive assay results.

 "Rock Tech is pleased with the results of the summer exploration program and we are encouraged with the ongoing potential of the Georgia Lake Project. Rock Tech is currently planning our 2023 exploration program to follow up on these encouraging results," said Robert MacDonald, General Manager of the Georgia Lake Project.

"We are on the way implementing our zerowaste strategy and joining forces with GP Papenburg and Schwenk Zement (in Germany) in preparation for the commercial use of by-products from lithium production. Our goal: to use alumosilicate in a resource-efficient way, " MacDonald added.  

Sampling and QA/QC Procedures
Representative samples were taken for every pegmatite station during prospecting. Each sample was put into its own plastic sample bag with a sample tag and closed with zip ties. About 13% of the samples submitted to Activation Laboratories Ltd. ("Actlabs") for analysis were QAQC samples that were inserted into the sample stream and consist of a high- and low-grade lithium standards, blank material, and duplicates. Samples were sent to Actlabs' preparation laboratories in Thunder Bay, Ontario for crushing and pulverizing, and were subsequently sent to Actlabs' geochemistry laboratory in Ancaster, Ontario for analysis. Analysis for lithium was completed using a sodium peroxide fusion plus ICP-OES.  Actlabs is independent of the Company.

The scientific and technical disclosure included in this news release has been reviewed and approved by Amanuel Bein, P.Geo., Chief Exploration Geologist of the Georgia Lake Project, a Qualified Person under National Instrument 43-101 Standards of Disclosure of Mineral Projects.  Exploration data was collected and verified following the guidelines outlined in CIM Mineral Exploration Best Practice Guidelines.

About Rock Tech
Rock Tech is a cleantech company on a mission to produce lithium hydroxide for EV batteries. The Company plans to build lithium converters at the door-step of its customers, to guarantee supply-chain transparency and just-in-time delivery. To close the most pressing gap in the clean mobility story, Rock Tech has gathered one of the strongest teams in the industry. The Company has adopted strict ESG standards and is developing a proprietary refining process aimed at further increasing efficiency and sustainability. Rock Tech plans to source raw material from its own mineral project in Canada as well as procuring it from other responsibly producing mines. In the years to come, the Company expects to also source raw material from discarded batteries. Rock Tech's goal: to create a closed-loop lithium production system.

 The company aims to serve automotive customers with high-quality lithium hydroxide made in Germany. Rock Tech Lithium intends to build Europe’s first lithium converter—a production plant for battery-grade lithium hydroxide—in Guben, Brandenburg, Germany. The company intends to locate all production steps of lithium refining in one overall plant at the Guben site. The converter is scheduled to start operations in 2024.

Rock Tech plans to build five high-tech lithium converters, one in North America and four in Europe, at the door-step of its customers, to guarantee supply-chain transparency and just-in-time delivery. Its tried and tested production process ensures fast time to market. And with a planned annual production capacity of 120,000 tonnes of lithium hydroxide by 2029, Rock Tech will cover a projected 30% of the industry’s growing demand and position itself as Europe’s market leader.

To close the most pressing gap in the clean mobility story, Rock Tech has gathered one of the strongest teams in the industry. It holds itself accountable to strict ESG standards and is developing a proprietary refining process to further increase efficiency and sustainability. Rock Tech plans to source raw material from its own mineral project in Canada as well as procuring it from responsibly producing mines. In the years to come, the company will extract its material from discarded batteries.

Rock Tech’s goal: to become the first closed-loop lithium company in the world.

For further information: André Mandel, phone: +49 (0) 151 2825 4014; or email: amandel@rocktechlithium.com, Rock Tech Lithium Inc.; 777 Hornby Street, Suite 600, Vancouver, B.C., V6Z 1S4

visit Rock Tech's website: https://www.rocktechlithium.com/

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