Rock Tech Engages German DMT Group for Georgia Lake Development
TSX VENTURE: RCK
VANCOUVER, March 20, 2018 /CNW/ - Rock Tech Lithium Inc. (the "Company" or "Rock Tech") [TSX-V: RCK; Frankfurt: RJIB (WKN: A1XF0V)] is pleased to announce that it has engaged DMT GmbH & Co. KG ("DMT") to assist with the next concrete steps of the development of its 100%-owned Georgia Lake lithium property in the Thunder Bay Mining District of Northwest Ontario, Canada.
DMT is a global consortium, providing interdisciplinary services in the Mining, Oil & Gas, Civil Engineering & Infrastructure and Plant Engineering markets with a client roster that includes Anglo American, BHP Billiton, OMV, E.ON, Schlumberger, De Beers and leading institutes such as The World Bank and the Asian Development Bank. DMT occupies 30 offices worldwide and belongs to the German certification agency TÜV NORD GROUP. To date, DMT has completed several thousand projects in over 150 countries, working in over 25 countries in a typical year.
"We are excited to work with DMT, a company with a rich tradition in providing high technology services to the international public sector and industry," said Dirk Harbecke, Chairman of the Board of Rock Tech. "A truly global company, with operations and clients in over 70 countries, DMT is the right partner to help us with the next steps of our project development plan as we continue to advance our Georgia Lake lithium project. DMT is currently working on an upgrade of our existing NI 43-101 resource estimate, including all the work we have invested in during the past 18 months, and we expect a result in the coming weeks. In parallel, DMT is already supporting us with the preparations for a Preliminary Economic Assessment (PEA) study that will help us demonstrate the value of our Georgia Lake project."
About Rock Tech Lithium:
Rock Tech Lithium is an exploration company focused on acquiring and exploring properties in the field of lithium and other selected battery metals.
On behalf of the Board of Directors of the Company,
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward‐looking statements". Forward‐looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.