# CENTURY LITHIUM FILES TECHNICAL REPORT ON THE FEASIBILITY STUDY FOR THE ANGEL ISLAND LITHIUM PROJECT, NEVADA Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/century-lithium-files-technical-report-on-the-feasibility-study-for-the-angel-is--ab9d8f5d-b5b7-4eb8-99cb-93236789dce9 Original source: https://money.tmx.com/en/quote/LCE/news/6620835317980903/century-lithium-files-technical-report-on-the-feasibility-study-for-the-angel-is Publisher: tmx Original announcement: 2026-03-09T17:45:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Century Lithium Corp. - Ticker: LCE - Exchange: TSX - Region: Nevada - Primary commodity: Lithium - Secondary commodities: Sodium hydroxide - Document categories: Resource update, Economic study - Extracted: 2026-09-18 06:51:55 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Century Lithium has filed a Feasibility Study for its 100%-owned Angel Island Lithium Project in Nevada. The study reports an after-tax NPV of $4.01 billion and an IRR of 27.4%, supported by Proven and Probable reserves and a projected mine life of over 60 years. Reasoning: The announcement of a Feasibility Study for a large-scale lithium project with high IRR and significant NPV, supported by pilot plant validation, represents a major project milestone. - Positive factor: Strong after-tax NPV of $4.01 billion - Positive factor: High IRR of 27.4% - Positive factor: Very long mine life exceeding 60 years - Positive factor: Proven and Probable reserves established - Positive factor: Integrated processing with co-product credits \(sodium hydroxide\) potentially reducing net OPEX to below zero Facts used in scoring: 3 ## Classification and evidence **PFS Complete** Polarity: positive Definition: AACE Class 3 study complete. Why it applies: The document announces a Feasibility Study \(FS\), which is a higher level of maturity than PFS, but fits the engineering maturity described. Evidence · text > FEASIBILITY STUDY OF THE CLAYTON VALLEY LITHIUM PROJECT **High IRR** Polarity: positive Definition: Post-tax real unlevered IRR in the strong tier or better. Why it applies: The reported after-tax IRR of 27.4% is in the strong tier for a lithium development project. Evidence · text > after-tax cash flow has a 27.4% Internal Rate of Return \("IRR"\) **Long Reserve Life** Polarity: positive Definition: Reserve life index in the top tier of the single ladder. Why it applies: The project supports a mine life exceeding 60 years, which is in the top tier. Evidence · text > supporting a mine life exceeding 60 years **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The report was prepared in accordance with NI 43-101. Evidence · text > prepared in accordance with National Instrument 43-101 \(NI 43-101\) ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/century-lithium-files-technical-report-on-the-feasibility-study-for-the-angel-is--ab9d8f5d-b5b7-4eb8-99cb-93236789dce9#fact-resource-facts-1) Angel Island Lithium Project · lithium #### Identity - Project: Angel Island Lithium Project - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: LCE #### Resource scope - Estimate type: resource - Effective date: 2026-01-03T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Richard W. Jolk - Resource group id: resource:207d2bb3603551c0e941 - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 1138000000 - Grade: 966 - Grade Unit: ppm - Contained Metal: 5852000 - Contained Unit: t lce #### Prior Estimate - Resource Date: 2026-01-03 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-03-09T00:00:00.000Z Reasoning: Significant lithium resource and reserve reported. - Positive factor: Large scale resource Evidence · text > Measured and Indicated Mineral Resources of 1.138 billion t at 966 parts per million \("ppm"\) lithium, containing 5.852 million t lithium carbonate equivalent \("LCE"\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### probable [Link to this fact](https://atlas-extractions.minestarters.com/news/century-lithium-files-technical-report-on-the-feasibility-study-for-the-angel-is--ab9d8f5d-b5b7-4eb8-99cb-93236789dce9#fact-resource-facts-2) Angel Island Lithium Project · lithium #### Identity - Project: Angel Island Lithium Project - Commodity: lithium - Region: usa\_nv - Reported Region: Nevada - Ticker: LCE #### Resource scope - Estimate type: reserve - Effective date: 2026-01-03T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Richard W. Jolk - Resource group id: resource:c0aec8f06ec1de8747d6 - Ownership percent: 100 % #### Resource Data - Category: probable - Tonnes: 287650000 - Grade: 1149 - Grade Unit: ppm - Contained Metal: 1759000 - Contained Unit: t lce #### Prior Estimate - Resource Date: 2026-01-03 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-03-09T00:00:00.000Z Reasoning: Significant lithium reserve reported. - Positive factor: Significant reserve base Evidence · text > Proven and Probable Mineral Reserves of 287.65 million t at 1,149 ppm lithium, containing 1.759 million t LCE #### Tags used in scoring **Probable Reserve** Polarity: positive Definition: Indicated Resource with demonstrated economic viability after applying modifying factors. Why it applies: category is "probable" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.