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Tearlach Resources Limited (TSXV:TEA)(OTCQB:TELHF)(FRANKFURT:V44) is a Canadian exploration company focused on acquiring, exploring, and developing lithium projects. With a primary objective of becoming North America's leading lithium exploration and development company, Tearlach has key projects in Ontario, Quebec, and Nevada. The company's recent achievements include the discovery of spodumene on the Georgina Properties and the completion of 11 drill holes on the Gabriel Project. Tearlach's portfolio also includes other lithium assets such as the Final Frontier and New Frontier projects in Ontario, as well as the Rose-Fliszar-Muscovite Project in Quebec. Additionally, Tearlach holds the Savant Property, an exploration stage Gold-Silver-Copper Property in Northwestern Ontario.
Tearlach Resources Limited (OTC: TELHF) has announced plans for bulk sampling at the Gabriel Lithium project in Tonopah, Nevada, aimed at expediting a pilot plant and metallurgical work. The Bureau of Land Management has approved the drilling notice, with operations set to commence shortly. CEO Morgan Lekstrom highlighted the company's innovative approach to sampling that will reduce engineering and permitting timelines, facilitating production. Key highlights include a 1-to-2-ton bulk sample scheduled for Q2 2023, baseline metallurgical work using Core Drill, and collaboration with pilot plant labs. Tearlach aims to address supply chain challenges and create long-term shareholder value.
Tearlach Resources Limited (OTC: TELHF) has announced the initiation of a Phase 1 core drill program at the Gabriel Project in Nevada, formerly known as the Blackrock Silver Tonopah North Lithium Project. This program, which includes 19 holes drilled to a depth of up to 200 meters, aims to enhance geological understanding and conduct metallurgical testing. With TonaTec Exploration LLC engaged for the drilling, the project is set to mobilize within February. CEO Morgan Lekstrom highlighted the swift progress since the joint venture's inception, underscoring the potential for value creation in a prominent lithium district.
Tearlach Resources Limited (OTC: TELHF) has signed an option agreement to acquire 100% of three lithium properties: Fliszar, Rose North, and Muscovite. The Fliszar property covers 6,076 hectares and contains 17 white pegmatites, while the Muscovite property has 41 pegmatites covering 4,368 hectares. The Rose North property has 20 pegmatites and is located near significant mining projects. The acquisition aims to enhance Tearlach's exploration potential in Quebec and beyond, supported by a network of lithium-focused relationships. Cash payments and share issuances are part of the deal, subject to TSX Venture Exchange approval.
Tearlach Resources Limited (OTC: TELHF) announced significant improvements in lithium assay results from a duplicate assay program on the Gabriel Property, marking an average increase of 28% across 57 samples compared to original assays. The highest individual sample revealed a 62% increase. This enhanced data, attributed to a skilled exploration team, suggests a potential increase in the lithium grade of the property and supports upcoming drilling initiatives. The company is set to submit drill permits and plans a 20-hole program aimed at expanding the mineralized area. The announcement reflects Tearlach's commitment to being a leading lithium exploration company in North America.
Tearlach Resources Limited (OTC: TELHF) announced an option agreement to acquire a 100% interest in the Shelby Properties within Quebec's CV lithium trend. The Shelby Properties encompass approximately 11,226 hectares and are adjacent to significant lithium sites, including Patriot Battery Metals’ Corvette Lithium Property. CEO Morgan Lekstrom highlighted the strategic importance of this acquisition, emphasizing the potential for substantial lithium resources in a region recognized as a top lithium jurisdiction. The transaction will involve cash payments and share issuances, pending TSX Venture Exchange approval.
Tearlach Resources Limited (OTC: TELHF) has acquired the Pakwan Extension claim block for CAD 20,650, enhancing its Final Frontier Project. This acquisition positions Tearlach advantageously near Frontier Lithium's PAK Property, increasing its potential for major discoveries. The claim consists of 23 cell claims spanning 452 hectares, with significant geological similarities to nearby lithium deposits. CEO Morgan Lekstrom emphasizes the strategic value of this acquisition in bolstering Tearlach's exploration efforts in Ontario.
Tearlach Resources Limited (OTC: TELHF) has announced an agreement to acquire up to a 70% interest in lithium mining rights from Blackrock Gold Corp. This acquisition targets the Tonopah North Project, where drilling has revealed lithium values reaching 1,217 ppm over 1.5 meters. Tearlach must invest a total of US$15M in exploration to earn the full 70% interest. The project could bolster Tearlach's position as a leading lithium exploration company in North America. Future drilling plans and engineering models are in place to advance this project.
Tearlach Resources has announced the acquisition of 2 additional lithium mining projects in Canada, increasing its portfolio to a total of 5 projects. The company, led by recognized experts including co-founder Paul Chow, aims to discover 'Super Lithium,' essential for battery production. With recent US military funding for Canadian mining amid geopolitical tensions, and discussions between Québec's government and Tesla about investment, Canada is emerging as a crucial hub for energy metal mining. The company's stock is listed under OTC: TELHF in the US and on the TSX.V: TEA in Canada.
Tearlach Resources Limited (OTC: TELHF) has appointed Ryan Weymark as Technical Advisor – Strategic Growth Evaluation. Weymark, a seasoned mining professional with extensive experience in technical evaluation, previously served as Vice President of Technical Evaluation for NexGen Energy. His role at Tearlach will focus on evaluating growth opportunities through acquisition and development, aiming to position the company as a leading lithium exploration firm in the Americas. Tearlach has option agreements on three lithium projects in Ontario, indicating its commitment to expansion in the resource sector.
Tearlach Resources Limited (OTC: TELHF) announced the appointment of Dr. Julie Selway, P. Geo., as Vice President of Exploration effective January 3, 2023. Dr. Selway is an expert in lithium pegmatites, enhancing the company's technical management team. Her extensive background includes overseeing significant exploration programs, including 162 drill holes at Case Lake Property. This strategic addition aims to advance Tearlach’s lithium projects rapidly, positioning the company to be a leader in the lithium sector.
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