# Grounded Lithium Reports Third Quarter 2025 Financial Results and Project Update Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/grounded-lithium-reports-third-quarter-2025-financial-results-and-project-update--2a698742-a977-4d3b-97de-61eb6ff7c46c Original source: https://money.tmx.com/en/quote/GRD/news/4591870386792914/grounded-lithium-reports-third-quarter-2025-financial-results-and-project-update Publisher: tmx Original announcement: 2025-11-12T12:00:00.000Z 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: Resource update, Other - Extracted: 2026-09-16 03:11:24 UTC Narrative sentiment: 0.10 · Bullish ## Minestarters Atlas summary Grounded Lithium Corp. reported its Q3 2025 financial results, noting a net comprehensive loss of CAD 84,776 for the quarter. The company also provided an update on the Kindersley Lithium Project, highlighting progress on technical studies for a Pre-Feasibility Study \(PFS\) expected in early 2026. Reasoning: The document is primarily a quarterly financial report \(low novelty\) but contains a significant project update regarding the progress of the Kindersley Lithium Project PFS and resource scale. - Positive factor: Progress on Pre-Feasibility Study \(PFS\) for Kindersley Lithium Project - Positive factor: Optimization of lithium recovery through depletion studies - Positive factor: Strong project economics mentioned in previous PEA \(48.5% IRR\) - Negative factor: Ongoing net comprehensive losses - Negative factor: PFS completion not expected until H1 2026 Facts used in scoring: 2 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document provides an update on the project status and mentions existing resource scale. Evidence · text > Grounded Lithium Reports Third Quarter 2025 Financial Results and Project Update **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The company reports a significant portion of its resource is in the Inferred category. Evidence · text > 3.2 million metric tonnes of Inferred lithium carbonate equivalent resource ## 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/grounded-lithium-reports-third-quarter-2025-financial-results-and-project-update--2a698742-a977-4d3b-97de-61eb6ff7c46c#fact-resource-facts-0) Kindersley Lithium Project · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Kindersley Lithium Project - Commodity: lithium - Region: canada\_sk - Reported Region: Saskatchewan - Ticker: GRD #### Resource scope - Estimate type: resource - Effective date: 2023-06-30T00:00:00.000Z - Resource group id: resource:7c500a6a5589f01ce52b #### Resource Data - Category: indicated - Tonnes: 1000000 #### Prior Estimate - Resource Date: 2023-06-30 #### Metal Equivalent - Metal Eq. Unit: lithium carbonate equivalent #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-11-07T00:00:00.000Z #### Dates - Event date: 2025-11-12T00:00:00.000Z Reasoning: This is a restatement of the resource scale from the 2023 PEA. - Positive factor: Significant resource scale Evidence · text > controls approximately 1.0 million metric tonnes of Measured & Indicated lithium carbonate equivalent mineral resource #### 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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **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 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.4 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/grounded-lithium-reports-third-quarter-2025-financial-results-and-project-update--2a698742-a977-4d3b-97de-61eb6ff7c46c#fact-resource-facts-1) Kindersley Lithium Project · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Kindersley Lithium Project - Commodity: lithium - Region: canada\_sk - Reported Region: Saskatchewan - Ticker: GRD #### Resource scope - Estimate type: resource - Effective date: 2023-06-30T00:00:00.000Z - Resource group id: resource:706b9523949204b8ccb2 #### Resource Data - Category: inferred - Tonnes: 3200000 #### Prior Estimate - Resource Date: 2023-06-30 #### Metal Equivalent - Metal Eq. Unit: lithium carbonate equivalent #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-11-07T00:00:00.000Z #### Dates - Event date: 2025-11-12T00:00:00.000Z Reasoning: Restatement of the 2023 PEA resource. - Positive factor: Large inferred resource base - Negative factor: Inferred category carries higher geological risk Evidence · text > approximately 3.2 million metric tonnes of Inferred lithium carbonate equivalent resource #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **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 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **PFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component. Why it applies: the release names the study this estimate supports **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 **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 2.4 years before this release ## 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.