Cardiff Energy Corp.
Cardiff Energy Corp. Acquires Additional Mineral Claims to Expand it’s Eastmain River Lithium project in Quebec
DGAP-News: Cardiff Energy Corp. / Key word(s): Expansion/Interim Report July 11th, 2016 Cardiff Energy Corp. Acquires Additional Mineral Claims to Expand it’s Eastmain River Lithium project in Quebec CARDIFF ENERGY CORP. (the “Company”) (TSX-V: “CRS”, Frankfurt: “C2Z.F”, US Pinksheets: “CRRDF”) The eastern claim block was acquired in order to cover a 1.8 kilometer long outcrop of a white pegmatite that was identified in a regional mapping program by Franconi in 1976 (DPV 450). This outcrop is located at the periphery of the Kapiwak Pluton and adjacent to the Lower Eastmain greenstone belt; a geological setting which is reported to offer great potential for rare metal-bearing pegmatites (Moukhsil et al., 2003). The outcrop has apparently not been mapped in detail or explored for lithium by historic exploration campaigns. The James Bay lithium Deposit and the Cyr-2 lithium showing form an approximately 4 kilometer long corridor of spodumene-bearing pegmatite that is roughly parallel to the trend of the regional bedrock geology. The pegmatite outcrop of the eastern claim block is located approximately 4.5 kilometers southeast of the Cyr-2 lithium showing in a direction that is roughly on strike to the regional bedrock geology. Jack Bal, President and CEO of Cardiff Energy Corp., states “We are excited to have acquired the additional claims near our Eastmain River Lithium Project located in the James Bay area of Quebec. The James Bay area is a world class lithium exploration ground and is being actively explored by Galaxy Resources Ltd, Nemaska Lithium Inc., and Critical Elements Corp. The Company is in the process of putting together it’s exploration team.” About the Company Cardiff is an emerging junior oil and gas and resource exploration company engaged in the acquisition, exploration, development and production of projects. Cardiff is listed on the TSX Venture Exchange under the symbol CRS. For additional details please visit Cardiff’s website at www.cardiffenergy.com For additional information contact: Jack Bal, President and CEO “Jack Bal” Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements relating to the future operations of the Company. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Company, are forward looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are exploration risks detailed from time to time in the filings made by the Company with securities regulations.
2016-07-11 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |