Imagine Lithium Files NI 43-101 Technical Report for Previously Announced Mineral Resource Estimate for the Jackpot Property
Original announcement by tmx on
- Company
- Imagine Lithium Inc.
- Ticker
- ILI
- Exchange
- TSX
- Region
- Ontario
- Primary commodity
- Lithium
- Secondary commodities
- None reported
- Document categories
- Resource update, Other
- Extracted
- 2026-09-12 07:31:42 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Imagine Lithium has filed an NI 43-101 technical report supporting its previously announced Mineral Resource Estimate for the Jackpot Lithium Property. The report, prepared by P&E Mining Consultants Inc., formalizes the resource of 3.1 Mt at 0.85% Li2O (Indicated) and 5.3 Mt at 0.91% Li2O (Inferred).
Reasoning: The document is a formal filing of a technical report supporting a resource estimate that was already announced on September 03, 2024. It provides no new geological data or updated resource numbers, serving as a regulatory milestone rather than a discovery or update.
Positive factors
- NI 43-101 compliant
Negative factors
- Stale data re-release
Facts used in scoring: 2
Classification and evidence
Stale Data Re-releasenegative · Story-specific tag
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: The technical report supports a resource estimate that was already announced on September 03, 2024.
Evidence · text
“supporting the Mineral Resource Estimate for the Jackpot Lithium Property, reported on September 03, 2024”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The technical report was prepared in accordance with NI 43-101 standards.
Evidence · text
“prepared in accordance with National Instrument 43-101”
QP/CP Signedpositive
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: Eugene Puritch, P.Eng., FEC, CET is named as the independent Qualified Person.
Evidence · text
“The independent Qualified Person ( QP ), as defined under NI 43-101 is Eugene Puritch”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
indicatedJackpot Lithium Property · lithiumTonnes: 3100000Grade: 0.85Grade Unit: % Li2OHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Jackpot Lithium Property
- Commodity
- lithium
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- ILI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eugene Puritch
- Resource group id
- resource:351c7d9b297919320b46
Resource Data
- Category
- indicated
- Tonnes
- 3100000
- Grade
- 0.85
- Grade 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
- 2024-10-18T00:00:00.000Z
Reasoning: This is a restatement of the resource announced on September 03, 2024.
Positive factors
- NI 43-101 compliant
Negative factors
- Stale data re-release
Evidence · text
“supporting the Mineral Resource Estimate for the Jackpot Lithium Property, reported on September 03, 2024”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
inferredJackpot Lithium Property · lithiumTonnes: 5300000Grade: 0.91Grade Unit: % Li2OHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Jackpot Lithium Property
- Commodity
- lithium
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- ILI
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eugene Puritch
- Resource group id
- resource:028aff98477339e02b3b
Resource Data
- Category
- inferred
- Tonnes
- 5300000
- Grade
- 0.91
- Grade 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
- 2024-10-18T00:00:00.000Z
Reasoning: This is a restatement of the resource announced on September 03, 2024.
Positive factors
- NI 43-101 compliant
Negative factors
- Stale data re-release
Evidence · text
“supporting the Mineral Resource Estimate for the Jackpot Lithium Property, reported on September 03, 2024”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
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.