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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

Bullboard Posts
Comment by art27on Sep 15, 2009 3:06pm
159 Views
Post# 16307868

RE: RE: Look Out??????

RE: RE: Look Out??????I don't know whats taking them so long. News one month past due already. Maybe they need more time to analyze those samples ?

Art27


https://www.miningmarketwatch.net/aix.htm


We contacted Dr. Hedderly-Smith regarding the August 6, 2009news ("Alixand Cloudbreak complete First Phase Ground Program in Yukon'sWhite Gold District") of successful recognisance soil & rocksampling of the AIX.V-CDB.V claims directly adjacent toUnderworld. Dr. Hedderly-Smith was able to provide confirmationthat initial indications are favorable and he pointed out thatthe discoveries by Underworld too started through reconnaissancesoil sampling, followed up by trenching and then drilling.

Dr. Hedderly-Smith lead the geological team that collected thesamples on the Alix-Cloudbreak claims and had the advantage ofconducting a large portion of the work on ground where thetundra had been burnt off and thus were able to get good soilcoverage even on northern slopes. The team collected 288 soilsamples from 344 stations and 28 rock-chip samples, includingseveral from quartz and quartz-potassium feldspar veins. Thesesamples when analysed should tell Alix and Cloudbreak whichareas have anomalous values and provide direction for increasedsampling density that will eventually lead to target selection,essentially the same motis operandi that Underworld used in itsdiscovery process. Dr. Heddely-Smith said they now have a decentfirst-pass geologic map of the area, he was please they hadfound quartz rubble and in some cases outcropping quartz,commenting that this was a “good sign”. Lab results should comeback towards the later part of August.
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