Rock Tech Lithium Inc. (TSXV: RCK, Frankfurt: RJIA) – Initiating Coverage – Exploration of Lithium Property with Historic Resource of 9 MT @ 1.14% Li2O
Investment Highlights
- Rock Tech Lithium Inc. is a TSX Venture listed junior exploration company focused on exploring and potentially developing hard rock lithium resources in Ontario and Quebec.
- The 100% owned Georgia Lake lithium project located in northwestern Ontario has a historic resource estimate of 9 million tons grading 1.14% Li2O. The project witnessed underground development including the sinking of a four compartment shaft in the 1950’s, long before the current upswing in the lithium market.
- The 100% owned Kapiwak lithium project in James Bay, Quebec, shares a property boundary with the Lithium One Cyr project which is currently undergoing an assessment for resource estimation. Risks
- Access to capital and share dilution.
• The company currently has no operating mines.
• The value of the company is dependent on the success of drilling as well as determination and expansion of favourable resource estimates.
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