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Imagine Lithium Inc. V.ILI

Alternate Symbol(s):  ARXRF

Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in 2023. Imagine has launched a property wide exploration program on the ~18.8k ha Jackpot project.


TSXV:ILI - Post by User

Comment by ausingeron Jul 21, 2023 1:04pm
164 Views
Post# 35551769

RE:RE:RE:Wow, new record!

RE:RE:RE:Wow, new record!Three things -- first a correction to Woodwise -- in the Georgian Lake/Nipigon lithium pegmatite areas, we got both Rock Tech and Green Tech Metals (Seymore project) are further along with resource estimates and prelim environmental assessments.  So ILL is maybe no 3 in this area, further if you include the Kenora/Red Lake deposits.

Also Woodwise -- I agree that a 50-60 year old resource estimate isn't worth much.  You want more publicity, I want a resource estimate for Jackpot -- I think they're the same thing, in that without some progress, the publicity will be met with a 'meh', since there's so many miners now with claims in Ontario and Quebec.

Privatier -- about St. Armour, I only talked to him for what, 10 minutes or so and haven't contacted since.  He seems honest, knowledgable, affable but careful, not eager to rush into things.  Which in this crowded space (aka Li properties in Ontario) may be good and bad.  As far as Rock Tech, I don't know their plans for a converter in Canada -- Avalon of course purchased land for a plant in Thunder Bay but that won't be online for another 3-4 years by their estimate.  Rock Tech may be looking to buy up more properties in Ontario, and the closer to Georgian Lake the better I would think.  A property with good drilling data would be more valuable than one with grab samples of boulders (cough cough SPOD), because of course no project can advance without the drilling data.

Alex


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