# Grounded Lithium Announces Commencement of 2024 Field Program and Selection of Stantec as Lead Author for Pre-Feasibility Study

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/grounded-lithium-announces-commencement-of-2024-field-program-and-selection-of-s--a87e4178-c80d-4d21-b5f2-6d08dd6a403b

Original source: https://money.tmx.com/en/quote/GRD/news/6501078640288722/grounded-lithium-announces-commencement-of-2024-field-program-and-selection-of-s

Publisher: tmx

Original announcement: 2024-11-04T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Grounded Lithium Corp.

- Ticker: GRD

- Exchange: TSX

- Region: Saskatchewan

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Metallurgy, Other

- Extracted: 2026-09-16 03:23:46 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Grounded Lithium has commenced its 2024 field program and appointed Stantec as the lead author for a Pre-Feasibility Study \(PFS\) for the Kindersley Lithium Project. The program includes deepening a dedicated lithium well, conducting production evaluation testing, and performing lab pilot tests on lithium extraction technologies, all supported by a $4.5 million budget from Denison Mines.

Reasoning: The announcement details significant upcoming technical work and the initiation of a PFS, supported by third-party funding, which advances the project towards development.

- Positive factor: Commencement of 2024 field program

- Positive factor: Selection of Stantec for PFS

- Positive factor: Fully funded $4.5M budget from Denison Mines

- Positive factor: Planned lab pilot tests for extraction technology

Facts used in scoring: 2

## Classification and evidence

**PFS-Supporting**

Polarity: neutral

Story-specific tag

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The announcement focuses on the initiation of a Pre-Feasibility Study \(PFS\) and the field work required to support it.

Evidence · text

> initiation of the Pre-Feasibility Study \(" PFS "\) authored by Stantec Inc.

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/grounded-lithium-announces-commencement-of-2024-field-program-and-selection-of-s--a87e4178-c80d-4d21-b5f2-6d08dd6a403b#fact-metallurgical-facts-0)

#### Identity

- Region: canada\_sk
- Reported Region: Saskatchewan
- Ticker: GRD

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2024-11-04T00:00:00.000Z

Reasoning: Planned deepening of an existing well to improve reservoir data.

- Positive factor: Re-opening and deepening of the 4-15 Well

Evidence · text

> The 2024 KLP field program is highlighted by the following: Re-entry of dedicated lithium well

## 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.