Calgary, Alberta–(Newsfile Corp. – September 14, 2017) – EnerSpar Corp. (TSXV: ENER) (Frankfurt: 5E0) (“EnerSpar” or the “Company”) is pleased to announce its listing on the Frankfurt Stock Exchange under the symbol “5E0” (the last digit being a numeric zero). The principal market maker in the shares of the Company is Bankhaus Scheich Wertpapierspezialist AG: http://bankhaus-scheich.de/?page_id=77
The Company is also pleased to announce that IOS Services Geoscientifiques Inc. of Saguenay, Quebec, has been retained to undertake the first year work program recommended in the NI 43-101 Technical Report (as filed on SEDAR in March and available on the Company’s website: www.enerspar.com) on the Company’s Johan Beetz feldspar project on the north shore of the St. Lawrence River and have completed the first phase of the program. Work consisted of a detailed mapping of the property with special reference to the sites of past production, plus magnetometric and spectrometric surveys. The program will provide a comprehensive understanding of the multiple mineralized zones and aims to provide a detailed distribution of sodic and potassic pegmatites along with contaminant repartition.
A total of 125 channel samples were collected with the use of a rock saw and are currently being processed for feldspar staining, modal counting and whole rock analysis. Reports and survey results should be available shortly and will be used to plan the fall definition drilling program.
The full NI 43-101 Technical Report is available on SEDAR dated of March 22, 2017.
Jay Richardson, CEO, commented: “We are very pleased that we have been able to mobilize a first class team of geologists experienced in industrial minerals and their extraction, in less than four months after our acquisition of the property. Their work in this initial program will provide guidance for an initial drilling program later this year and has provided initial samples to commence the appropriate metallurgical research.
The content of the press-release has been approved by Réjean Girard, P.Geo, a qualified person in respect of NI-43-101 regulation.
About EnerSpar Corp.:
EnerSpar is a TSX Venture Exchange Tier II listed exploration company focused on industrial minerals oriented to today’s and future energy requirements. Potassic feldspars are especially significant as a hardening agent in today’s solar panels and tomorrow’s solar shingles.
ON BEHALF OF THE BOARD OF DIRECTORS:
Jay Richardson, Chief Executive Officer and Director
Toronto Office: 416-410-JAYR .
Neither the TSX Venture Exchange Inc. (“TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) has in any way passed upon the merits of the transactions described herein and neither of the foregoing entities has in any way approved or disapproved of the contents of this press release.
This news release may contain certain “forward looking statements”. These statements may involve a number of known and unknown risks and uncertainties and other factors that may cause the actual results, level of activity and performance to be materially different from the expectations and projections of the Company No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits EnerSpar will derive therefrom.
We seek safe harbour.