# Imagine Lithium Expands Strategic Land Package at Jackpot Project by 45%; Grants Options Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/imagine-lithium-expands-strategic-land-package-at-jackpot-project-by-45-grants-o--dae112b6-bb4e-448e-a504-639709d3db02 Original source: https://money.tmx.com/en/quote/ILI/news/5845063971955308/imagine-lithium-expands-strategic-land-package-at-jackpot-project-by-45-grants-o Publisher: tmx Original announcement: 2025-12-10T22:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Imagine Lithium Inc. - Ticker: ILI - Exchange: TSX - Region: Ontario, Canada - Primary commodity: Lithium - Secondary commodities: Iron ore - Document categories: Resource update, Agreement transaction, Metallurgy - Extracted: 2026-09-12 07:18:44 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Imagine Lithium has acquired the 'SPOD Lithium Option' land package, increasing its Jackpot Project area by 45% and creating a continuous land position in the Georgia Lake Pegmatite Field. The announcement also restates the project's NI 43-101 compliant mineral resources and provides historical metallurgical test results. Reasoning: The company expanded its strategic footprint via land acquisition, though the resource data provided is a restatement of a previous estimate. - Positive factor: Strategic land acquisition increases exploration area by 45% - Positive factor: Creates continuous land position between Jackpot and Nama Creek deposits - Positive factor: Consolidates position as largest land holder in Georgia Lake region - Negative factor: Acquisition subject to 2% NSR royalty Facts used in scoring: 5 ## Classification and evidence **Step-Out Extension** Polarity: positive Story-specific tag Definition: Mineralization extended beyond the previously known limit. Why it applies: Acquisition of the SPOD Lithium Option expands the exploration area by 45% and creates a continuous land position. Evidence · text > increasing its overall prolific exploration area by 45% **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The Jackpot deposit is explicitly stated as NI 43-101 compliant. Evidence · text > between the NI 43-101 compliant Jackpot deposit **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document restates the mineral resource estimate from a September 2024 release. Evidence · text > The previously announced mineral resource estimate \(see September 3, 2024 News Release\) **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("flotation"\) **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("dense media separation"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 4. 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/imagine-lithium-expands-strategic-land-package-at-jackpot-project-by-45-grants-o--dae112b6-bb4e-448e-a504-639709d3db02#fact-resource-facts-1) Jackpot Lithium Project · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Jackpot Lithium Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: ILI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jason Arnold - Resource group id: resource:b3933da6dd9fa5cc288b - Deposit or zone: Jackpot #### Resource Data - Category: indicated - Tonnes: 3100000 - Grade: 0.85 - Grade Unit: % Li2O - Contained Metal: 26200 - Contained Unit: t - Cutoff Grade: 0.3 - Cutoff Unit: % Li2O #### Prior Estimate - Resource Date: 2024-09-03 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-03T00:00:00.000Z #### Dates - Event date: 2025-12-10T00:00:00.000Z Reasoning: Restatement of Indicated resource from September 2024 release. - Positive factor: Indicated resource category - Negative factor: Historical data Evidence · text > 3.1 Mt grading 0.85% Li₂O #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is 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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-expands-strategic-land-package-at-jackpot-project-by-45-grants-o--dae112b6-bb4e-448e-a504-639709d3db02#fact-resource-facts-2) Jackpot Lithium Project · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Jackpot Lithium Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: ILI #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jason Arnold - Resource group id: resource:fe61b8325c25fbd05a27 - Deposit or zone: Jackpot #### Resource Data - Category: inferred - Tonnes: 5300000 - Grade: 0.91 - Grade Unit: % Li2O - Contained Metal: 49500 - Contained Unit: t - Cutoff Grade: 0.3 - Cutoff Unit: % Li2O #### Prior Estimate - Resource Date: 2024-09-03 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-03T00:00:00.000Z #### Dates - Event date: 2025-12-10T00:00:00.000Z Reasoning: Restatement of Inferred resource from September 2024 release. - Positive factor: Inferred resource category - Negative factor: Historical data Evidence · text > 5.3 Mt grading 0.91% Li₂O #### 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 Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is 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 ## Metallurgical Results (2) ### Heavy Liquid Separation \(HLS\) [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-expands-strategic-land-package-at-jackpot-project-by-45-grants-o--dae112b6-bb4e-448e-a504-639709d3db02#fact-metallurgical-facts-3) Jackpot Lithium Project · lithium Historical result Needs review: historical\_restatement #### Identity - Project: Jackpot Lithium Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: ILI #### Test Work - Program Status: detailed - Test Type: Heavy Liquid Separation \(HLS\) - Sample: 200 kg composite sample #### Recovery - Recovery: 81.5 % - Recovery Basis: actual\_test - Head Grade: 1.72 - Head Grade Unit: % Li2O #### Lab - Laboratory: SGS Lakefield #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2023-12-31T00:00:00.000Z #### Dates - Event date: 2025-12-10T00:00:00.000Z Reasoning: Historical metallurgical testwork results. - Positive factor: High grade head grade Evidence · text > 200 kg composite sample grading 1.72% Li₂O and 0.29% Fe₂O₃ #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 81.5% is at or above the exceptional band \(80%\) ### Heavy Liquid Separation \(HLS\) [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-expands-strategic-land-package-at-jackpot-project-by-45-grants-o--dae112b6-bb4e-448e-a504-639709d3db02#fact-metallurgical-facts-4) Jackpot Lithium Project · iron\_ore #### Identity - Project: Jackpot Lithium Project - Commodity: iron\_ore - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: ILI #### Test Work - Program Status: detailed - Test Type: Heavy Liquid Separation \(HLS\) - Sample: 200 kg composite sample #### Recovery - Head Grade: 0.29 - Head Grade Unit: % Fe2O3 #### Lab - Laboratory: SGS Lakefield #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-10T00:00:00.000Z Reasoning: Historical metallurgical testwork results for iron content. Evidence · text > 200 kg composite sample grading 1.72% Li₂O and 0.29% Fe₂O₃ ## 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.