Rockland Resources (CSE: RKL) this morning released fresh assays from its recently acquired Lithium Butte Claystone Property in Utah. Included within the assays were significant concentrations of beryllium, a metal that is frequently used within the defense and aerospace industries.
The assays come from grab samples, with the results pointing to values of up to 4,810 ppm beryllium within the samples collected. A total of ten grab samples were assayed, three of which reported values of the metal, with 4,290 ppm and 1,790 ppm also being reported in the samples.
The beryllium was discovered 340 metres east-southeast from where the company recently collected samples measuring as high as 4,080 ppm lithium.
“Our early work at Lithium Butte is demonstrating that the Property hosts a volcanic formation that has a unique endowment in light metals including lithium and beryllium. This formation exhibits strong similarities with the Miocene Spor Mountain Formation that hosts currently mined Be deposits. Our initial results at Lithium Butte suggests that the Spor Mountain Formation may be more widespread than previously thought and has encouraged Rockland to significantly extend its property position in this region,” commented Rockland President Richard Sutcliffe.
Elsewhere, additional sampling is said to have taken place on the property where the initial 4,080 ppm lithium sample was collected on the property. The source of the samples is believed to be more than 20 metres thick, with two minerals of claystone mineralization. 24 samples were taken under the expanded program, of which 20 were channel samples.
Finally, the company also indicated that it has staked an additional 27 claims in the region, covering 540 acres, bringing the total property to 11,020 acres in size. The expansion follows the staking of 464 lode claims that was announced in July.
Rockland Resources last traded at $0.18 on the CSE.
FULL DISCLOSURE: Rockland Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Rockland Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.