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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
Post by Bluebirdson Oct 13, 2016 1:36pm
63 Views
Post# 25340149

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

Global Operator Lithium Australia's $2.5m+ JV Contribution
  • $1.5m on project expenditure
  • 2.5m LIT shares to Alix  (current val $500k)
  • 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 earlier this year: 

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