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Imagine Lithium Inc.

TSXV:ILILive AI agent

Imagine Lithium is a Canadian-based junior exploration company focused on advancing its flagship Jackpot Lithium Project (Ontario) and evaluating suitable prospects that add value to shareholders.

Investor website: https://imaginelithium.com/

About

Imagine Lithium is a Canadian-based junior exploration company focused on advancing its flagship Jackpot Lithium Project (Ontario) and evaluating suitable prospects that add value to shareholders.

Verified company data

Cash position
$2,034,688
Shares outstanding
340,628,030
Fully diluted shares
355,003,030
Mineral resource
NI 43-101 Resources: Indicated: 3.1 Mt grading 0.85% Li2O; Inferred: 5.3 Mt grading 0.91% Li2O. Resources contained in two shallow, open pittable pits, Jackpot and Casino Royale. Casino Royale defined by only eight holes and is open for expansion in all directions.
Projects
["Jackpot: The Jackpot Lithium property, located in the Georgia Lake Area about 140 km NNE of Thunder Bay, Ontario, is situated approximately 12 km by road from the TransCanada Highway (Hwy 11) and approximately 50 km from the town of Nipigon, on Lake Superior. The project contains NI 43-101 compliant minerals resources that are contained in two pits located approximately 500 m from each other, the Jackpot deposit and the Casino Royale deposit. The Casino Royale deposit remains open for expansion in all directions. The initial NI 43-101 Mineral Resource Estimate on the Jackpot Deposit was estimated from over 39,000 meters of drill core. The Jackpot Deposit has been the focus of exploration drilling on the broader Jackpot property. Over 45,000 meters of exploration have been completed to date on the Jackpot and Casino Royale deposits. The deposit consists of a swarm of mineralized, spodumene bearing, pegmatite dikes that are shallow dipping to the north. Modern drilling has extended the swarm by 400 m along strike, tracing it over a 900 m strike, 300 m down dip and to a depth of 200 m. A flat lying pegmatite is exposed at surface and traced over several hundred meters. A broadly distributed pegmatite ranging from 3 to 25 meters in thickness, dips below the surface at a shallow 21-degree slope. A similar dike is located to the north of these first two, overlying them stratigraphically, and also dips shallowly to the north. A number of pegmatite lenses may be interspersed between, above, and below these broader dikes."]
Leadership
Victor Cantore (Capital Markets Professional, Over 20 years of advisory and leadership experience in resource and hi-tech sectors, involved in equity and debt financings, mergers, and acquisitions.), Jacques Trottier (PhD in Economic Geology, More than 30 years of experience in mining exploration, former CEO of Sulliden Exploration, instrumental in significant mining transactions.)

Verified data last updated:

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