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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. The company holds 100% of the growing Jackpot lithium property located near Nipigon, Ont. The property contains NI 43-101 compliant minerals resources of 3.1 Mt grading 0.85% Li2O in the indicated category and 5.3 Mt grading 0.91% Li2O in the inferred category, as well as a number of other known pegmatite showings.

Verified company data

Cash position
$7,385,032
Shares outstanding
340,628,030
Fully diluted shares
355,003,030
Mineral resource
Total resources on the 27,597 ha land package include 3.1 Mt indicated at 0.85% Li2O for 26.2 kt of Li2O and 5.3 Mt inferred at 0.91% Li2O for 49.5 kt of Li2O.
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 Jackpot Deposit has been the focus of exploration drilling on the broader Jackpot property. Over 39,000 meters of drilling have been completed to date on the Jackpot Deposit. 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
Simone Sze Man Suen (President, Highly credentialed company director with a Bachelor of Business and over 20 years’ experience in the resources industry. Extensive expertise in financing, development, and operation of mining projects, including founding the Bald Hill Tantalum/Lithium Project.), Arvin Ramos (CFO, Holds a degree in commerce and is a member of the Chartered Professional Accountants of Ontario with over 17 years of business experience across various industries.), Sufan Siauw, MBA (Director, Seasoned entrepreneur and investor in the new energy sector with an MBA from Loyola Marymount University, specializing in mining and critical minerals in Australia.)

Verified data last updated:

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