VANCOUVER, British Columbia, Feb. 21, 2018 (GLOBE NEWSWIRE) -- RedZone Resources Inc. (TSX-V:REZ) (“the Company” or “RedZone”) is pleased to announce that it has located and staked an additional 36 lode claims or 744 acres at or near its Fortner & Boyd Lithium Property. This area increases the Company’s total land holding by 18% to 236 lode claims totaling 4,876 acres.
Upon review of the geological mapping and the location of pegmatite dykes on the current holding, many of which contain lithium bearing spodumene, RedZone has identified additional extension areas which appear to contain similar dyke outcrops.
All scientific and technical disclosure herein has been prepared under the supervision of Bernie Stannus, P.Eng, a consultant to EEC, the Company’s local contractor, a “qualified person” within the meaning of National Instrument 43-101.
About RedZone
The Company is a mineral exploration company with a focus on metals that make up and support the rapid evolution to batteries. The Common Shares are listed on the TSX-V under the ticker symbol “REZ” and more information about the Company is available on its issuer profile on SEDAR at www.sedar.com or at www.redzoneresources.ca. For further information please contact:
Michael Murphy
President and Chief Executive Officer
E: michael.murphy@redzoneresources.ca
Neither the 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 and/or accuracy of this release.
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or lithium at any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results of future exploration, and the availability of financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.