July 10, 2016 - 11:10 PM EDT
Print Email Article Font Down Font Up
DGAP-News: Cardiff Energy Corp. Acquires Additional Mineral Claims to Expand it's Eastmain River Lithium project in Quebec

DGAP-News: Cardiff Energy Corp. / Key word(s): Expansion/Interim Report
Cardiff Energy Corp. Acquires Additional Mineral Claims to Expand it's
Eastmain River Lithium project in Quebec

11.07.2016 / 09:08
The issuer is solely responsible for the content of this announcement.


July 11th, 2016Cardiff Energy Corp. Acquires Additional Mineral Claims to Expand it's
Eastmain River Lithium project in Quebec

CARDIFF ENERGY CORP. (the "Company") (TSX-V: "CRS", Frankfurt: "C2Z.F", US
Pinksheets: "CRRDF")is pleased to announce the acquisition of additional
mineral claims to expand its Eastmain River Lithium Project.   The
additional 21 mineral claims cover two blocks and total approximately 1,109
hectares (2,740 acres) in Quebec, Canada.  The outcrop on the eastern claim
block is located approximately seven kilometers east of the James Bay
Deposit, which is reported to contain indicated resources of 11.75 million
tonnes (Mt) at 1.30% Li2O, and inferred resources of 10.47 Mt at 1.20% Li2O
with a 0.75% Li2O  cut-off (Galaxy Resources; Technical Report dated
December 30, 2010).

The eastern claim block was acquired in order to cover a 1.8 kilometer long
outcrop of a white pegmatite that was identified in a regional mapping
program by Franconi in 1976 (DPV 450).  This outcrop is located at the
periphery of the Kapiwak Pluton and adjacent to the Lower Eastmain
greenstone belt; a geological setting which is reported to offer great
potential for rare metal-bearing pegmatites (Moukhsil et al., 2003).  The
outcrop has apparently not been mapped in detail or explored for lithium by
historic exploration campaigns.  The James Bay lithium Deposit and the
Cyr-2 lithium showing form an approximately 4 kilometer long corridor of
spodumene-bearing pegmatite that is roughly parallel to the trend of the
regional bedrock geology.  The pegmatite outcrop of the eastern claim block
is located approximately 4.5 kilometers southeast of the Cyr-2 lithium
showing in a direction that is roughly on strike to the regional bedrock

Jack Bal, President and CEO of Cardiff Energy Corp., states "We are excited
to have acquired the additional claims near our Eastmain River Lithium
Project located in the James Bay area of Quebec. The James Bay area is a
world class lithium exploration ground and is being actively explored by
Galaxy Resources Ltd, Nemaska Lithium Inc., and Critical Elements Corp. The
Company is in the process of putting together it's exploration team."

About the Company

Cardiff is an emerging junior oil and gas and resource exploration company
engaged in the acquisition, exploration, development and production of
projects. Cardiff is listed on the TSX Venture Exchange under the symbol
CRS. For additional details please visit Cardiff's website at

For additional information contact:

Jack Bal, President and CEO
Cardiff Energy Corp
[email protected]


"Jack Bal"
Jack Bal,
President and Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements relating to the
future operations of the Company. Forward-looking statements are often
identified by terms such as "will", "may", "should", "anticipate",
"expects" and similar expressions. All statements other than statements of
historical fact, included in this release, including, without limitation,
statements regarding future plans and objectives of the Company, are
forward looking statements that involve risks and uncertainties. There can
be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results to
differ materially from the Company's expectations are exploration risks
detailed from time to time in the filings made by the Company with
securities regulations.

The reader is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties,
and other factors, many of which are beyond the control of the Company. As
a result, we cannot guarantee that any forward-looking statement will
materialize and the reader is cautioned not to place undue reliance on any
forward-looking information. Such information, although considered
reasonable by management at the time of preparation, may prove to be
incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly
qualified by this cautionary statement. The forward-looking statements
contained in this news release are made as of the date of this news
release, and the Company does not undertake any obligation to update
publicly or to revise any of the included forward-looking statements,
whether as a result of new information, future events or otherwise, except
as expressly required by applicable securities laws.


11.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de


480403 11.07.2016

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Source: Equities.com News (July 10, 2016 - 11:10 PM EDT)

News by QuoteMedia

Legal Notice