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JUNE 9, 2011 - LAVAL, QUEBEC - Critical Elements Corporation (TSX.V: CRE) (US OTCQX: CRECF) (FSE: F12) is pleased to announce the latest results of drilling on the Rose Tantalum-Lithium deposit. The table below shows the results for holes LR-11-167 and LR-11-172 to LR-11-181 drilled to test the eastern extension of the zones. All the holes intercepted the mineralized zones with similar grades to earlier results. Furthermore, some intersections returned particularly high Tantalum grades, such as holes LR-11-167, LR-11-172 and LR-11-173, which yielded 549, 338 and 359 PPM Ta205 respectively.
All these results will be included in the new resource evaluation already in progress.
A map showing the location of the holes drilled on the Rose Tantalum-Lithium project can be found in the Projects section of Critical Elements' website.
THE RECENTLY OBTAINED RESULTS ARE AS FOLLOW:
HOLE |
FROM |
TO |
LENGTH ALONG THE CORE |
LI2O |
Ta205 |
BeO |
Rb |
Ga |
No. |
(m) |
(m) |
(m) |
(%) |
ppm (g/t) |
ppm (g/t) |
ppm (g/t) |
ppm (g/t) |
LR-11-167 |
25.00 |
26.70 |
1.70 |
0.09 |
549 |
154 |
3611 |
72 |
32.60 |
38.50 |
5.90 |
1.29 |
275 |
288 |
3521 |
83 |
|
56.65 |
58.70 |
2.05 |
0.55 |
157 |
247 |
1021 |
72 |
|
95.40 |
103.75 |
8.35 |
1.3 |
133 |
536 |
3042 |
77 |
|
169.90 |
174.45 |
4.55 |
0.53 |
101 |
303 |
2322 |
66 |
|
LR-11-172 |
57.05 |
65.50 |
8.45 |
0.62 |
338 |
491 |
2686 |
65 |
87.10 |
89.60 |
2.50 |
0.02 |
96 |
402 |
2470 |
58 |
|
127.85 |
136.80 |
8.95 |
1.09 |
101 |
387 |
2224 |
77 |
|
LR-11-173 |
78.05 |
79.65 |
1.60 |
0.3 |
359 |
614 |
4511 |
56 |
84.35 |
87.75 |
3.40 |
0.64 |
182 |
361 |
2405 |
68 |
|
112.25 |
114.65 |
2.40 |
0.02 |
246 |
583 |
954 |
49 |
|
154.90 |
161.75 |
6.85 |
0.04 |
168 |
516 |
2391 |
64 |
|
LR-11-174 |
6.00 |
8.25 |
2.25 |
0.01 |
209 |
596 |
2053 |
64 |
108.65 |
110.15 |
1.50 |
0.02 |
208 |
183 |
3440 |
75 |
|
194.95 |
198.10 |
3.15 |
0.01 |
284 |
224 |
2155 |
61 |
|
200.65 |
202.10 |
1.45 |
0.02 |
232 |
102 |
388 |
60 |
|
LR-11-175 |
93.40 |
101.15 |
7.75 |
0.83 |
137 |
267 |
2278 |
73 |
118.90 |
126.40 |
7.50 |
0.61 |
242 |
260 |
1638 |
106 |
|
LR-11-176 |
85.20 |
94.00 |
8.80 |
1.06 |
206 |
438 |
3220 |
74 |
LR-11-177 |
8.75 |
10.50 |
1.75 |
0.02 |
237 |
1246 |
2441 |
68 |
125.50 |
129.15 |
3.65 |
0.28 |
278 |
453 |
2351 |
75 |
|
LR-11-178 |
74.65 |
78.95 |
4.3 |
0.08 |
160 |
474 |
1936 |
47 |
218 |
224.05 |
6.05 |
1.42 |
103 |
584 |
2049 |
73 |
|
LR-11-181 |
83.55 |
86.00 |
2.45 |
0.18 |
148 |
231 |
5259 |
52 |
109.85 |
112.95 |
3.10 |
0.01 |
143 |
242 |
462 |
41 |
* 1 ppm = 1 g/t
All samples were sent for analysis in sealed containers to the ALS Chemex laboratory in Val-d'Or by employees of the Company. ALS Chemex is the laboratory used for analysis of all samples from programs on the Lac Pivert/Rose property. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75 µM. All samples are analyzed using ICP-MS, with full analysis for 47 elements.
About Critical Elements Corporation
Critical Elements is actively developing its 100%-owned Rose lithium-Tantalum flagship project located in Quebec. The project hosts a current Indicated resource of 11.4 million tonnes of 1.34% LI2O and 165 ppm Ta205 and Inferred resource of 2.1 million tonnes of 1.27% LI2O and 138 ppm Ta205.
Critical Elements has commissioned a prefeasibility study for the project from Genivar, one of the largest independent engineering firms in Canada. Genivar is also doing an environmental study, and Acme Metallurgical Ltd. of Vancouver is carrying out project metallurgy.