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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 GoodAtChartson Mar 02, 2021 2:29pm
113 Views
Post# 32696714

RE:Going Soon

RE:Going SoonAgree totally! If you do the lithium numbers they seem to be saying they already have almost 3 million tons at 1% which rivals the grade of the Nemaska deposit in Canada- so ILI needs to expand their tonnage through more exploration. This group is good at exploration imo. 

Here is the Nemaska info: 

"The Whabouchi lithium project is located in the James Bay area in central Quebec, Canada. It is 100% owned and operated by Nemaska Lithium, a Canadian mining company.

The mine is estimated to contain proven and probable reserves of 36.6Mt grading 1.3% Li2O. It is planned to be developed using open-pit and underground mining methods over its 33- year mine life. Underground mining will be undertaken in year 26 upon depletion of the open-pit reserves."

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