TSXV:ILI - Post Discussion
Post by
Betteryear2 on May 04, 2023 10:06am
Launches Comprehensive Property Wide Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the "Company" or "Imagine") is pleased to launch a property wide exploration program on the ~18,800 ha Jackpot Lithium property, following the recent closing of a $9.1 Million private placement financing (press release April 28, 2023). The extensive exploration program will consist of a minimum of 10,000 metres of diamond drilling on the Jackpot property. The diamond drill campaign will focus on expansion of the Jackpot Main Zone as well as several new lithium bearing pegmatite targets to the west, northwest, and northeast, covering a trend of more than 3 km (Figure 1). In addition, the Company has engaged a team of geologists to conduct a large prospecting and geological survey, accompanied by rock and soil sampling. For the first time, Imagine's exploration program will cover the entirety of the vast Jackpot land package. It is designed to identify new lithium exploration targets and investigate numerous known pegmatite occurrences throughout the property (see Figure 2). Finally, Imagine intends to carry out a high-resolution property-wide geophysical survey to identify potential pegmatites that may be hidden under groundcover. Imagine Lithium Launches Comprehensive Property Wide Exploration Program on Jackpot Lithium Project (newsfilecorp.com)
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