Redzone Announces the Receipt of its First Phase Exploration Permit
VANCOUVER, British Columbia, June 13, 2018 (GLOBE NEWSWIRE) -- RedZone Resources Ltd. (TSXV:REZ) (Frankfurt:REZ) (OTCBB:REZZF) (“the Company” or “RedZone”) is pleased to announce the receipt of its first stage exploration permit, which will allow for trenching and sampling of its Arizona based Fortner Boyd lithium exploration property. The trenching program is expected to begin within two weeks, under the supervision and guidance of Jean-Philippe Paiement. The 2018 trench exploration program is designed to trench up to nineteen (19) areas to sample the un-weathered pegmatite dyke system on the areas that the 2018 chip sampling indicated as being high priority targets at the Fortner Boyd and Dove Claims areas. The objective is to trench into the un-weathered pegmatite zones to evaluate the extent of mineralization and the grades of the dykes.
In addition to this metallurgical samples will be taken
to start determining the materials amenability to
processing and evaluate concentrate quality. The goal
is to reclaim all the trenches to their natural state
and to do as little damage to the environment as
possible.
This trenching program will evaluate pegmatite dykes that make up less than 10% of the visible pegmatite outcrops.
Based on the results of this program a drilling campaign will be planned to move the exploration evaluation of the project forward.
Jean-Philippe recently joined Redzone in an advisory capacity and will join the board of directors at the next shareholder meeting. JP spent five years overseeing the Nemaska Lithium exploration program.
About Redzone
RedZone is a mineral exploration company with a focus on metals that make up and support the rapid evolution to battery power. RedZone’s common shares are listed on the TSX-V: REZ.V, on the Frankfurt exchange: REZ and on the OTC REZZF. 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.
VANCOUVER, British Columbia, May 28, 2018 (GLOBE NEWSWIRE)
-- RedZone Resources Inc. (TSXV:REZ) (Frankfurt:REZ)
(OTCBB:REZZF) (“the Company” or “RedZone”) is pleased to
announce that it has satisfied all the conditions under its
previously announced option agreement, (see Aug 2nd 2016
press release) relating to the acquisition of 14 lode
claims, located in Arizona (“the Option Agreement”).
Pursuant to the terms of the Option Agreement, Redzone has
issued 100,000 shares (four month hold) to the previous
claim holders such that its newly formed subsidiary, Arizona
Lithium Resources Ltd., now holds all of its previously
optioned Arizona property claims. The claim total now stands
at 236 and covers 4,876 acres.
The Company is waiting on its “Notice of Intent to Disturb” permit which will allow it to begin the trenching of nineteen (19) areas, to a depth of 20 feet, that were identified as high priority targets during the chip sampling program conducted earlier this year. The expectation is that the results of this trenching program will result in the identification of drill targets for the next stage of exploration, which is targeted for this summer. All the requirements for the trenching permit have been submitted and the company expects the permit to be issued soon.
In addition, metallurgical samples will be taken to start determining the material’s amenability to processing.
About RedZone
RedZone is a mineral exploration company with a focus on metals that make up and support the rapid evolution to battery power. RedZone’s common shares are listed on the TSX-V: REZ.V, on the Frankfurt exchange: REZ and on the OTC REZZF. 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.
