Grounded Lithium Announces Completion of 2024 Field Program on the Kindersley Lithium Project and Provides PFS Progress Update

Original announcement by tmx on

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 03:18:21 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Grounded Lithium has completed its 2024 field program at the Kindersley Lithium Project, confirming lithium concentrations of 76.5 mg/L in known zones and 66 mg/L in a newly identified lower zone. The company has also commenced direct lithium extraction (DLE) metallurgical testing and 3D reservoir depletion modelling to support its pending Pre-Feasibility Study (PFS).

Reasoning: The announcement reports successful field testing and the start of metallurgical DLE work, which are key de-risking steps for the upcoming PFS.

Positive factors

  • Successful completion of 2024 field program
  • Confirmation of lithium concentrations in previously tested zones
  • Identification of additional deliverability in newly drilled lower zones
  • Commencement of direct lithium extraction (DLE) test work

Facts used in scoring: 2

Classification and evidence

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The company is conducting direct lithium extraction (DLE) test work.

Evidence · text

“Direct lithium extraction test work has commenced”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: 2 distinct composites were tested

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Metallurgical Results (2)

Fact 1Kindersley Lithium Project · lithiumHead Grade: 76.5Head Grade Unit: milligrams/litreHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Project
Kindersley Lithium Project
Commodity
lithium
Region
canada_sk
Reported Region
Saskatchewan
Ticker
GRD

Test Work

Program Status
scoping
Sample
previously tested zones

Recovery

Head Grade
76.5
Head Grade Unit
milligrams/litre

Review

Needs Review
Yes
Review Reason
historical_restatement
Historical
Yes
Historical Source Date
2023-11-07T00:00:00.000Z

Dates

Event date
2025-01-22T00:00:00.000Z

Reasoning: This is a restatement of previously tested concentrations to confirm continuity.

Positive factors

  • Confirms continuity of lithium concentrations

Evidence · text

“Test results confirmed lithium concentrations from zones previously tested at 76.5 milligrams/litre”
Fact 2Kindersley Lithium Project · lithiumHead Grade: 66Head Grade Unit: milligrams/litreView all details
Link to this fact

Identity

Project
Kindersley Lithium Project
Commodity
lithium
Region
canada_sk
Reported Region
Saskatchewan
Ticker
GRD

Test Work

Program Status
scoping
Sample
newly drilled lower zone, in the base of the Duperow formation

Recovery

Head Grade
66
Head Grade Unit
milligrams/litre

Review

Needs Review
No
Historical
No

Dates

Event date
2025-01-22T00:00:00.000Z

Reasoning: New lithium concentrations in a previously untested lower zone provide expansion potential.

Positive factors

  • Demonstrates high additional deliverability
  • Expands the resource footprint

Evidence · text

“Tests of the newly drilled lower zone... demonstrated high additional deliverability with lithium brine concentrations at 66 milligrams/litre”

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.