Vancouver, British Columbia (FSCwire) - Progressive Planet Solutions Inc. (PLAN-TSX:V) (“Progressive Planet” or the "Company”) is pleased to announce that Nova Minerals Ltd. (Nova; ASX:NVA FSE:QM3) has released a project update on the Thompson Brothers Lithium Project in its news release dated August 28, 2018.
Nova Minerals Ltd. own the rights to earn up to 80% ownership interest of the Thompson Bros. Lithium Project from the Company by, among other things, financing the Company's commitments under its Option Agreement with Strider Resources Ltd.
Per Nova Minerals Ltd.'s update, a new zone of spodumene bearing outcrops has been identified as part of the Sherritt Gordon (SG) pegmatite cluster. The coarse grain spodumene outcrops identified are 300m southeast of the Sherritt Gordon dykes. For further information, please refer to Nova Minerals Ltd.'s news release. However, please note that the Company has not verified the accuracy or completeness of Nova Mineral Limited's news release.
The technical content of this news release has been reviewed and approved by Dwayne Melrose, P. Geo., a Director of Progressive Planet and a qualified person as defined in NI 43 €101 and is a member of the Association of Professional Engineers and Geoscientists of British Columbia.
Progressive Planet is a Canadian based mineral exploration company with a flagship zeolite mine in British Columbia, the rights to earn a 20% interest in the Thompson Brothers Lithium project in Manitoba and a graphite property in Buckingham, Quebec.
ON BEHALF OF THE BOARD
Signed “Stephen Harpur”
Stephen Harpur, CPA, CGA
CEO
For further information, please contact:
Derek Knight
COO
1-800-910-3072
DKnight@ProgressivePlanet.ca
www.progressiveplanet.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 or accuracy of this release.
To view the original release, please click here
Source:
Progressive Planet Solutions Inc. (TSX Venture:PLAN, OTC Bulletin Board:ASHXF, FWB:ARB2)
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