QUEBEC CITY, QUEBEC--(Marketwire - March 3, 2010) - Nemaska Exploration Inc. (« Nemaska » or the « Corporation ») (TSX VENTURE:NMX) is pleased to announce that it has commissioned SGS Géostat of Blainville, Québec to estimate the mineral resources of its 100% owned Lithium (Li), Beryllium (Be), Whabouchi property.
Geostat will estimate the mineral resources and prepare a NI 43-101 technical report and mineral resource estimate. This report should be available by the end of May 2010. Nemaska is currently executing on an 8,000 m drilling campaign that is scheduled for completion by the end of March 2010. The results of the current campaign together with those of October 2009 (10,000 m of drilling) will be used to estimate the mineral resources.
About Nemaska Exploration
Nemaska Exploration Inc. is a mineral exploration company involved in the James Bay region in Quebec. Its main assets are the Lac Arques (about 32,000 hectares), Whabouchi (about 1,600 hectares) Lac Levac and Lac des Montagnes properties (about 32,000 hectares) all 100 % owned. These properties are contiguous and cover about 70 km of the Lac des Montagnes green belt polymetallic formation and are easily accessible year round by either the Route du Nord from Chibougamau (280 km) or the Route de la Baie James from Matagami (380 km). They are located near the Cree community of Nemaska and the Némiscau airport.
Neither 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.
The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.