MTC 4.55% 21.0¢ metalstech limited

Vision Lithium discovers lithium deposit 300 meters from MetalsTech's Sirmac-Clapier Property

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    On 6 Nov 2018 Vision Lithium(TSXV: VLI) (OTC: ABEPF) announced the channel sample and drill program results fromits Sirmac(!) Lithium Property.  MetalsTech’swebsite correctly states that its own Sirmac-Clapier(!) Lithium Project is “locatedless than 3 km from an existing high grade deposit grading 2.04%”. This is correct,and very good of course, but note that this is referencing Vision Lithium’s previously known #5 Dyke Zone. But, now, on VisionLithium’s property, there are two lithium deposits; the #5 Dyke Zone and the newly discovered East Zone which is located only 300 meters from MetalsTech's property. Significantly, the placement of Vision Lithium’s new East Zone channel samples and drill holes indicate that the spodumene dykes strikein the general direction of MetalsTech’s property - just 300 meters distant. On a separate note, but equally important, MetalsTech’sproperty is located directly between Vision Lithium’s two deposits (and actuallycuts Vision Lithium’s property in two). Soif the entire 5 km distance between Vision Lithium’s two lithium deposits is tobe fully explored then MetalsTech must also explore. (A JV with Vision Lithium!?)  Satellite images aerial photographs show that MetalsTech’sclaims are largely covered with (apparently thin) overburden, so discovering (new) spodumene dykes on MetalsTech’s claims between Vision Lithium’s two lithium depositsmay be as simple as getting a backhoe or bulldozer there. (This year please!) Aerial photos and satellite images also show a network of roads and trails on the properties so the cost of mobilizing heavy equipment (including drills) is minimal. Of course MetalsTech’s management may be aware ofVision Lithium’s exploration activities and simply be waiting for Vision Lithium’sproject to mature before proceeding with a course of action. But some words to this effect from company management would be very welcome.

 
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