VAL-D'OR, QC, Nov. 7, 2018 /CNW Telbec/ - Vision Lithium
Inc. (TSXV: VLI) (OTC-PINK: ABEPF) (the "Company" or "VLI") is pleased to announce the results from its 2018
exploration programs on its 100% owned Sirmac Lithium Property (the "Property" or "Sirmac"). The Sirmac property, acquired from
the Company's largest shareholder, Nemaska Lithium Inc. (TSX: NMX) ("Nemaska"), is
located approximately 200 kilometres south of Nemaska's Whabouchi Lithium Mine and 180
kilometres by road north-west of Chibougamau, Quebec. The Sirmac property consists of 194 mining
claims covering approximately 10,350 hectares.
"The newly discovered East Zone is located more than 5 km to the east of the Main Dike on the Sirmac property. The Company
applied for stripping and drilling permits after it was discovered by our crews earlier this year. The work was completed between
June and September with 22 channels totalling 149.5 metres in length and 112 samples, as well as 5 short drill holes totalling
500 metres that were aimed at understanding the geometry of the dike system", said Yves Rougerie,
President and CEO of Vision Lithium. "We saw significant grades and widths from the channel results. Channels are essentially
surface drilling and I am very pleased with the level of mineralization in these channels. This is an exciting area that warrants
additional follow up."
Channel sampling results include:
Channels
|
Zone
|
From (m)
|
To (m)
|
Length (m)
|
Li2O (%)
|
CL-18-R01
|
East Zone
|
1.0
|
14.5
|
13.50
|
1.85
|
CL-18-R11
|
East Zone
|
0.0
|
11.7
|
11.70
|
1.58
|
incl.
|
|
2.6
|
7.1
|
4.50
|
2.37
|
CL-18-R17
|
East Zone
|
0.7
|
15.3
|
14.60
|
1.23
|
incl.
|
|
10.9
|
15.3
|
4.40
|
2.24
|
CL-18-R07
|
East Zone
|
1.8
|
17.2
|
15.40
|
1.05
|
*CL-18-R18
|
East Zone
|
0.0
|
10.3
|
10.30
|
0.86
|
incl.
|
|
6.6
|
10.3
|
3.70
|
1.41
|
CL-18-R04
|
East Zone
|
1.5
|
7.5
|
6.00
|
1.51
|
CL-18-R15
|
East Zone
|
0.0
|
5.5
|
5.50
|
0.89
|
CL-18-R05
|
East Zone
|
4.2
|
8.7
|
4.50
|
1.43
|
CL-18-R02
|
East Zone
|
0.0
|
3.0
|
3.00
|
1.19
|
CL-18-R06
|
East Zone
|
1.5
|
4.5
|
3.00
|
1.34
|
CL-18-R22
|
East Zone
|
0.0
|
3.0
|
3.00
|
0.93
|
CL-18-R23
|
East Zone
|
4.5
|
7.5
|
3.00
|
0.79
|
CL-18-R24
|
East Zone
|
2.9
|
5.9
|
3.00
|
0.61
|
CL-18-R16
|
East Zone
|
0.5
|
3.4
|
2.90
|
1.12
|
CL-18-R10
|
East Zone
|
0.0
|
2.1
|
2.10
|
0.85
|
CL-18-R03
|
East Zone
|
3.0
|
4.5
|
1.50
|
0.63
|
*Note: CL-18-R18: includes 2.1m @ zero grade due to overburden covered intervals
Diamond drilling core assay results include:
DDH
|
Zone
|
From (m)
|
To (m)
|
Core Length (m)
|
Li2O (%)
|
CL-18-01
|
East Zone
|
0.5
|
4.7
|
4.2
|
0.74
|
Incl.
|
East Zone
|
0.5
|
1.9
|
1.4
|
1.51
|
*CL-18-01
|
East Zone
|
0.0
|
0.5
|
0.5
|
NCR
|
CL-18-02
|
East Zone
|
0.8
|
3.0
|
2.20
|
0.63
|
*CL-18-02
|
East Zone
|
0.0
|
0.8
|
0.8
|
NCR
|
CL-18-03
|
East Zone
|
34.3
|
36.8
|
2.5
|
0.84
|
CL-18-04
|
East Zone
|
94.4
|
99.9
|
5.5
|
0.97
|
CL-18-05
|
East Zone
|
42.2
|
46.7
|
4.5
|
0.55
|
CL-18-05
|
East Zone
|
101.9
|
107.5
|
5.6
|
1.36
|
Note: Both CL-18-01 and CL-18-02 were drilled on mineralized outcrop but the top section was not retrieved for logging and
sampling when casing was drilled.
"The East zone is made up of several lithium bearing intrusive dikes which trend northward and dip to the east. The early
drilling was targeted immediately below the observable dikes to establish their direction and dip and was done prior to channel
sampling. The assay results suggest the East zone has the potential to develop into a significant lithium occurrence that could
be advanced in tandem with the Main Dike and possibly other lithium bearing zones on the property. We have only tested a 100metre
strike length of the East zone dike swarm and it remains open in all directions. We look forward to additional ground work and
drilling on the East zone in the upcoming programs. To that end we are planning a minimum of 5,000 metre drill program on
multiple rich targets on the Sirmac property. "
The Main Dike zone was not drilled during the summer program. Instead, field work followed up on the successful late winter
drilling program as well as different mapping and geophysical surveys completed to better understand the geological setting of
the intrusive dike system ahead of future drill programs. The drilling program, six years after the previous program, once again
demonstrated the potential of the Main Dike to host an economic resource.
Drill core assay results from the Main Dike included:
DDH
|
Zone
|
From
(m)
|
To (m)
|
Core
Length
(m)
|
Li2O
(%)
|
Ta2O5
(ppm)
|
SIR-12-26-Twin
|
Dike no. 5
|
2.4
|
22.2
|
19.8
|
1.62
|
59.7
|
SIR-12-45-Twin
|
Dike no. 5
|
13.7
|
19.7
|
6.0
|
1.22
|
63.6
|
SIR-12-49-Twin
|
Dike no. 5
|
30.1
|
42.1
|
12.0
|
1.22
|
79.2
|
SIR-12-61-Twin
|
Dike no. 5
|
4.7
|
10.7
|
6.0
|
1.30
|
47.2
|
SIR-12-61-Twin
|
Dike no. 5
|
25.9
|
42.0
|
16.1
|
0.25
|
114.3
|
SIR-12-63-Twin
|
Dike no. 5
|
13.6
|
22.6
|
9.0
|
1.40
|
38.8
|
SIR-18-02
|
Dike no. 5
|
1.6
|
24.0
|
22.4
|
1.70
|
57.4
|
SIR-18-04
|
Dike no. 5
|
22.5
|
37.2
|
14.7
|
1.42
|
74.1
|
SIR-18-05
|
Dike no. 5
|
3.6
|
5.1
|
1.5
|
1.43
|
16.0
|
SIR-18-21
|
Dike no. 5
|
22.4
|
24.8
|
2.4
|
0.57
|
41.1
|
A number of large dikes are observed in the area of the Main Dike, several of which had been sampled by previous operators for
lithium alone. Vision Lithium resampled many of these dikes as well as newly discovered dikes in the general vicinity of the Main
Dike and assayed for lithium and 21 other elements. Although no significant lithium assays were returned, the minor elements
assay results indicate that these dikes are evolved Lithium Cesium Tantalum (LCT) Pegmatite dikes which have the potential to
host significant lithium mineralization. Further work is required on all these dikes, some of which are hundreds of metres long
and tens of metres wide.
Metallurgical tests are underway at SGS Lakefield ("SGS"). Outcrop samples and drill core samples from the winter drilling
program as well as from the Nemaska drilling program of 2012 were sent to SGS for metallurgical
tests in late spring and early summer. The mandate calls for SGS to produce a Li2O concentrate of the highest grade possible.
Historical tests achieved concentrate grades above 6% and the Company expects the same results from the current study. Once the
results of the concentrate grade are confirmed, Vision Lithium will then mandate SGS to make a battery grade lithium hydroxide
and lithium carbonate. First results from the tests are expected shortly.
Location of East zone drill holes:
DDH
|
Zone
|
Az
|
Dip
|
Length
(m)
|
UTM
NAD83
East
|
UTM
NAD83
North
|
Elevation
|
CL-18-01
|
East
|
360
|
-90
|
51
|
471,178
|
5,610,494
|
423
|
CL-18-02
|
East
|
360
|
-90
|
30
|
471,163
|
5,610,502
|
423
|
CL-18-03
|
East
|
250
|
-45
|
84
|
471,281
|
5,610,528
|
422
|
CL-18-04
|
East
|
300
|
-45
|
201
|
471,289
|
5,610,528
|
421
|
CL-18-05
|
East
|
295
|
-45
|
117
|
471,299
|
5,610,495
|
419
|
The information of scientific or technical information in this release has been reviewed and approved by Yves Rougerie, P.GEO., President and CEO of the Company. Mr. Rougerie is a Qualified Person as defined by
National Instrument 43-101.
All rock samples were sent for preparation and analysis to the ALS Chemex laboratory in Val-d'Or,
Quebec. Core samples were sawed in half, with one half being bagged and tagged using barcodes. The samples are typically
1.5 metre samples. The samples were transported to Val d'Or by secure transport and delivered to
ALS Chemex. Vision Lithium Inc. applies a rigorous quality control protocol, including the insertion of certified analytical
standards, duplicates and blanks and statistical follow-up of the results.
About Vision Lithium Inc.
Vision Lithium Inc. is a junior exploration company focused on exploring and developing high quality battery mineral assets
including lithium and copper in safe jurisdictions, primarily Canada. The Company is led by
skilled and qualified mineral exploration experts and business professionals with a deep understanding of the lithium battery
materials market which is driven by lithium ion batteries. Vision Lithium is committed to discovering new world class assets and
bringing these assets to production, starting with its flagship projects the Sirmac Lithium property and the Dome Lemieux copper
property, both located in Quebec, Canada. Nemaska Lithium is the largest shareholder of Vision
Lithium.
For further information on the Company, please visit our website at www.visionlithium.com or contact us at info@visionlithium.com.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Vision Lithium Inc.
View original content: http://www.newswire.ca/en/releases/archive/November2018/07/c8447.html