High-Grade Lithium and Tantalum confirmed by Channel Sampling

ZURICH, SWITZERLAND / ACCESSWIRE / November 8, 2016 / Today, 92 Resources Corp. (TSX.V: NTY) has started to announce assay results from an extensive sampling program on its wholly owned Hidden Lake Lithium Property within the central part of the Yellowknife Lithium Pegmatite Belt in Northwest Territories (“NWT”), Canada.

The 2016 summer exploration program included mapping and sampling of the LU D12 pegmatite, in addition to the newly discovered HL1, HL3 and HL4 pegmatites where spodumene has been visually identified. Today’s reported results only include the LU D12 pegmatite with 85 samples collected from 15 channels. Additional
assays from 223 samples from HL1, HL3 and HL4 are pending and are expected to
be released shortly, respectively once received from the lab.

The best combination of grade and thickness from LU D12 returned an average of 1.53% Li2O
and 64 ppm Ta2O5 over 11.58 m, including 1.9% Li2O and 52 ppm Ta2O5 over 9.02 m. Of the 85 samples collected from the LU D12 pegmatite, a total of 52 returned greater than 1% Li2O, with 34 samples returning greater than 1.5% Li2O to a peak of 3.08% Li2O. These are highly encouraging results for the upcoming winter drill program, which may extend widths below surface even more.

For perspective, the Whabouchi Deposit in Québec from Nemaska Lithium Inc. ($400 million CAD market cap.) averages about 1.5% Li2O. The James Bay Deposit in Québec from Galaxy Resources Ltd. ($600 million AUD market cap.) averages about
1.3% Li2O (indicated) at a 0.75% Li2O cut-off. The Mt Cattlin Deposit in Australia from Galaxy averages 1.1%
Li2O. The Rose Lithium-Tantalum Deposit in Québec from Critical Elements Corp. ($79 million CAD market cap.) averages 0.98% Li2O and 163 ppm Ta2O5 (indicated).

The full report can be accessed with the following links:

English (PDF):

http://rockstone-research.com/images/PDF/92Resources7en.pdf

English (web version):

http://rockstone-research.com/index.php/en/research-reports/2002-High-Grade-Lithium-and-Tantalum-confirmed-by-Channel-Sampling

German (PDF):

http://rockstone-research.com/images/PDF/92Resources7de.pdf

Disclaimer: Please read
the full disclaimer within the full research report as a PDF as fundamental
risks and conflicts of interest exist.

SOURCE: Rockstone Research

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