|
ZURICH, SWITZERLAND / ACCESSWIRE / June 7, 2016 / Today, Stephan Bogner from Rockstone Research published a report on 92 Resources Corp. (TSX.V: NTY) and Alset Energy Corp. (TSX.V: ION). Today, 92 Resources Corp. published the assays from a first sampling program on its fully owned Hidden Lake Lithium Project near Yellowknife, NWT, Canada. The results confirm extremely high-grade lithium right at surface: 1.65%, 2.45%, 2.69%, 2.89% and 3.06% Li2O (average: 2.54 Li2O). For comparison: The Whabouchi Deposit in Quebec from Nemaska Lithium Inc. (market capitalization: $390 million CAD) averages 1.5% Li2O.
Interestingly, there is a comparable company by the name of Alset Energy Corp. which published similar high-grade lithium assays from its hard-rock lithium property in Ontario 9 trading days ago (also from a first surface sampling program): 0.95%, 1.4%, 1.45%, 1.47% and 1.75% Li2O (average: 1.4% Li2O). Thus, the rocks from 92 Resources are 81% higher graded with lithium than Alset. 6 trading days ago, Alset published more assays from its sampling program: 1.23%, 1.44%, 2.19% and 6.38% Li2O, thus the total average is now at 2.03% Li2O and 92 Resources has 25% higher grades than Alset. During the last 9 trading days since publication of the first assays, Alset's stock increased strongly with high volumes and has a current market capitalization of $27 million CAD. For comparison: 92 Resources published higher grades today and has a current market capitalization of $3 million CAD.
The full research report can be accessed with the following links:
English (PDF): http://rockstone-research.com/images/PDF/92Resources3en.pdf
English (web version): http://rockstone-research.com/index.php/en/research-reports/1152-Extremely-high-grade-lithium-assays-from-surface
German (PDF): http://rockstone-research.com/images/PDF/92Resources3de.pdf
Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.
SOURCE: Rockstone Research
http://www.accesswire.com/img.ashx?id=440838
|
