Geophysics at Georgina Stairs Project in Ontario Displays Exciting Comparisons to Georgia Lake Spodumene Pegmatites owned by Rock Tech Lithium

VANCOUVER, British Columbia, March 29, 2023 (GLOBE NEWSWIRE) -- Tearlach Resources Limited (TSXV: TEA) (OTC: TELHF) (FRANKFURT: V44) (“Tearlach” or the “Company”) is pleased to announce that it has identified similar geophysical signatures on the Georgina Stairs Property to those of known spodumene pegmatites in Georgia Lake pegmatite field. The Georgina Stairs Property was acquired by staking and is held 100% by Tearlach. The Property consists of 585 claims near Beardmore, northwestern Ontario. The Georgina Stairs Project is currently about 11,078 ha and is 14 km long by 12 km wide.

Georgina Stairs Property highlights:

• Same geology as Rock Tech’s Georgina Lake spodumene pegmatites.
• District size Discovery potential, large land package handpicked by leading hard rock lithium expert, Tearlach VP Exploration Dr. Julie Selway.
• Rock Tech Lithium’s Georgia Lake project at a Pre-Feasibility Stage helps de-risk Tearlach and was advanced quickly in the same jurisdiction. Rock Tech’s PFS NI 43-101 Technical Report is dated Oct. 1, 2022.
• The project footprint is a potential company maker in a jurisdiction where Rock Tech’s resource is hosted.
• Same regional airborne total magnetic signature as Georgia Lake spodumene pegmatites.
• Same regional airborne radiometric potassium intensity signature as Georgia Lake spodumene pegmatites.
• Most of the Property is unexplored and is located near the Georgia Lake pegmatite field.
• Roads connect the Property to the TransCanada Highway #1.

Dr. Selway, VP Exploration, states, “I see Georgina Stairs Property as an opportunity to do exploration work on a property with no previous lithium exploration despite being close to the Georgia Lake spodumene field. I can’t wait for the snow to melt to uncover what the property offers.”

Morgan Lekstrom, CEO, states, “With a similar land package and geological setting to Rock Tech Lithium, this not only provides a major discovery potential but alone could be a company maker. Dr. Selway was able to use her unique area knowledge and maps to identify this project and acquire the geophysics on it. Georgina Stairs’ geophysical similarities to Rock Tech’s Georgia Lake spodumene field make this not only an exciting target but put us in a very favourable jurisdiction with a very good path forward.”