TEARLACH RES LTD Stock Price, News & Analysis

Tearlach Resources Limited (OTC: TELHF) has released significant assay results from the first five drill holes of its Gabriel Project Phase 1 drilling program. The results indicated that all holes encountered substantial lithium mineralization, with grades exceeding 1,000 ppm, and a peak grade of 1,460 ppm. Notably, the longest lithium intercept recorded was 146.6 feet. The current drilling has confirmed that the lithium grades are 40-85% higher than those from the Blackrock Silver program. The project, adjacent to American Lithium Corp's TLC deposit, is strategically located near US95 and Tonopah, Nevada. These promising results are expected to enhance the resource estimation and potential development plans for the Gabriel project. CEO Morgan Lekstrom highlighted the rapid progress from drilling inception to results, emphasizing the potential for Gabriel to develop into a significant lithium resource.

Tearlach Resources Limited (OTC: TELHF) has announced the staking of a new property, Georgina East, in the Georgia Lake area, expanding its landholding to 10,580 hectares. This new claim, composed of 500 cell claims, is strategically located near Jellicoe and Beardmore, Ontario. The property is believed to share the same geology as the Georgia Lake pegmatite field and has high potential for lithium pegmatites. With significant unexplored areas, the property offers discovery potential with minimal staking costs. Key infrastructure is present, connecting the property to major highways. This acquisition positions Tearlach among the largest landholders in the area, enhancing its lithium exploration capabilities.

Tearlach Resources Limited (OTC: TELHF) announced the successful completion of its Phase 1 drill program at the Gabriel Property in Tonopah, Nevada, encompassing 11 holes and 3939 feet of drilling. The company has filed a NI 43-101 Technical Report revealing that assays for duplicate samples were, on average, 29% higher than previous results from Blackrock Silver Corp. To further validate these findings, Tearlach plans to conduct a check-assay program on selected drill hole samples. The drilling process has been optimized, with modifications to hole spacing from 500 meters to 1000 meters to align with industry standards. Mr. Robert J. Kellie authored the Technical Report, indicating significant potential for lithium resource expansion. Tearlach's strategy maximizes existing data, potentially increasing the volume and grade of mineralized zones, promising value for shareholders.

Tearlach Resources Limited (OTC: TELHF) has identified promising geophysical signatures on its Georgina Stairs Property, indicating potential lithium mineralization similar to known spodumene pegmatites in the Georgia Lake pegmatite field. The property, acquired by staking, consists of 585 claims covering approximately 11,078 hectares near Beardmore, Ontario. With geological similarities to Rock Tech Lithium's Georgia Lake project, the Georgina Stairs Property presents significant discovery potential. The area remains largely unexplored, with access roads connecting it to the TransCanada Highway #1, enhancing its viability for future exploration.

Tearlach Resources Limited (OTC: TELHF) announced significant progress at the Gabriel Project in Nevada, intersecting thick zones of claystone stratigraphy during its drilling program. The current drilling covers a 5 km x 3.2 km area adjacent to one of the largest lithium deposits in the U.S. Tearlach has completed six core holes and is awaiting assay results for five holes submitted for analysis. Additionally, the company decided against proceeding with a brokered private placement financing, citing a strong financial position to fund existing work programs. Early drilling suggests promising mineralized potential for the company.

Tearlach Resources Limited (OTC: TELHF) announced the acquisition of the Georgina Stairs Property, a new prospective land package in Northern Ontario, spanning 11,078 ha and comprising 585 claims. This area, located near Beardmore and within the Georgia Lake pegmatite field, is believed to have significant potential for lithium-rich pegmatites. The property was identified by Dr. Julie Selway, a geoscientist with expertise in pegmatites, marking it as strategically important due to its geological similarities to surrounding lithium projects. The site is underexplored, with good infrastructure connecting it to major transport routes.

Tearlach Resources Limited (OTC: TELHF) announced the commencement of Phase 1 core drilling at its Gabriel Lithium Project in Nevada, executed by TonaTec Exploration LLC. This program aims to confirm previous lithium mineralization data and expand exploration across the property. The drilling involves 19 holes over 3000 meters, with initial results promising, showing lithium values up to 1,217 ppm and significant mineralization thickness. CEO Morgan Lekstrom emphasized the strategic advantages of the location, neighboring American Lithium, and the imminent catalysts expected to enhance shareholder value.