Imagine Lithium Inc. V.ILI

Alternate Symbol(s): ARXRF

Metals & Mining Industrial Metals & Minerals

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

Imagine Lithium Inc.

Bullboard Posts

Comment by Bluebirdson Jun 03, 2016 11:01am

208 Views

Post# 24931177

RE:Global Operator Lithium Australia's $2.5m+ JV Contribution

Bluebirds wrote: To $1m mcap Alix if full 65% taken up:

$1.5m on project expenditure

2.5m LIT shares to Alix (current val $600k+)

Cash $250k

1m partly paid LIT shares to Alix

$100k private placement

$150k warrants

Lithium Australia are also bringing their coveted processing technology to the table, with the capability of producing lithium hydroxide from micas which LIT announced last week:

“The ability to achieve these outcomes potentially adds enormous value to Lithium Australia’s Western Australian and international projects in Europe and Mexico.”

https://myinforms.com/en-gb/a/23445358-lithium-australia-lithium-hydroxide-production-process-confirmed/