# Imagine Lithium Highlights Robust Initial Mineral Resource, Strong Metallurgy and Upcoming Drill Program at Jackpot Property Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/imagine-lithium-highlights-robust-initial-mineral-resource-strong-metallurgy-and--dee1f7b4-a0b3-466c-aa32-c5de3212845f Original source: https://money.tmx.com/en/quote/ILI/news/8043087408595887/imagine-lithium-highlights-robust-initial-mineral-resource-strong-metallurgy-and Publisher: tmx Original announcement: 2025-10-15T12:30:00.000Z 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, Metallurgy, Drill results - Extracted: 2026-09-12 07:24:43 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Imagine Lithium has announced a NI 43-101 compliant Mineral Resource Estimate for its Jackpot Lithium Project in Ontario, totaling 8.4 million tonnes at an average grade of approximately 0.88% Li2O. The company also reported strong metallurgical results with 81.5% Li2O recovery and highlighted high-grade surface channel sampling and upcoming 2026 exploration targets. Reasoning: The announcement delivers a significant maiden-style resource update alongside strong metallurgical recovery results and high-grade surface intercepts, providing a clear technical foundation for the project. - Positive factor: Robust initial mineral resource with 8.4 Mt total tonnage - Positive factor: Strong metallurgical recovery of 81.5% Li2O - Positive factor: High-grade surface channel sampling results - Positive factor: NI 43-101 compliant resource estimate Facts used in scoring: 5 ## Classification and evidence **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: 5. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### JP-24-31 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-highlights-robust-initial-mineral-resource-strong-metallurgy-and--dee1f7b4-a0b3-466c-aa32-c5de3212845f#fact-drill-facts-3) Jackpot West · lithium #### Identity - Hole ID: JP-24-31 - Project: Jackpot West - Commodity: lithium - Region: canada\_on - Reported Region: canada\_on - Ticker: ILI #### Geometry - Grade: 0.92 - Grade Unit: % - Intercept: 35.1 m #### Classification - Sample Type: drill #### Location - Location: Main Zone - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-15T00:00:00.000Z Reasoning: Strong intercept supporting resource expansion. - Positive factor: Significant width and good grade Evidence · text > intersected 0.92% Li2O over 35.10m in hole JP-24-31 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-highlights-robust-initial-mineral-resource-strong-metallurgy-and--dee1f7b4-a0b3-466c-aa32-c5de3212845f#fact-drill-facts-4) Jackpot West · lithium #### Identity - Project: Jackpot West - Commodity: lithium - Region: canada\_on - Reported Region: canada\_on - Ticker: ILI #### Geometry - Grade: 1.1 - Grade Unit: % - Intercept: 65.1 m #### Classification - Sample Type: channel #### QA/QC - Laboratory: AGAT Laboratories - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-10-15T00:00:00.000Z Reasoning: High-grade channel sampling confirms surface continuity. - Positive factor: Exceptional width and grade for surface sampling Evidence · text > Continuous channel sampling... returned exceptional results including 65.10 m @ 1.10% Li₂O #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **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 ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-highlights-robust-initial-mineral-resource-strong-metallurgy-and--dee1f7b4-a0b3-466c-aa32-c5de3212845f#fact-resource-facts-0) Jackpot Lithium Project · lithium #### Identity - Project: Jackpot Lithium Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: ILI #### Resource scope - Estimate type: resource - Effective date: 2024-09-03T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jason Arnold - Resource group id: resource:665e6da85465c9f60ee1 - Deposit or zone: Jackpot - Mining method: open\_pit - Ownership percent: 100 % - Resource basis: gross #### 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 #### Lab - Laboratory: AGAT Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-10-15T00:00:00.000Z Reasoning: Significant indicated resource tonnage and grade for a lithium project. - Positive factor: Indicated category provides reasonable geological confidence Evidence · text > Indicated Resource: 3.1 million tonnes grading 0.85% Li₂O \(26,200 t contained Li₂O\) #### 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-highlights-robust-initial-mineral-resource-strong-metallurgy-and--dee1f7b4-a0b3-466c-aa32-c5de3212845f#fact-resource-facts-1) Jackpot Lithium Project · lithium #### Identity - Project: Jackpot Lithium Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: ILI #### Resource scope - Estimate type: resource - Effective date: 2024-09-03T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jason Arnold - Resource group id: resource:704c5b99cb4f280ca0cb - Deposit or zone: Jackpot - Mining method: open\_pit - Ownership percent: 100 % - Resource basis: gross #### 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 #### Lab - Laboratory: AGAT Laboratories #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-10-15T00:00:00.000Z Reasoning: Large inferred resource adds significant scale to the project. - Positive factor: Significant tonnage in the inferred category - Negative factor: Inferred category carries higher geological risk Evidence · text > Inferred Resource: 5.3 million tonnes grading 0.91% Li₂O \(49,500 t contained Li₂O\) #### 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 (1) ### Heavy Liquid Separation \(HLS\) [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-highlights-robust-initial-mineral-resource-strong-metallurgy-and--dee1f7b4-a0b3-466c-aa32-c5de3212845f#fact-metallurgical-facts-2) Jackpot Lithium Project · lithium #### Identity - Project: Jackpot Lithium Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario, Canada - Ticker: ILI #### Test Work - Program Status: preliminary - Test Type: Heavy Liquid Separation \(HLS\) - Processing Route: 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: No - Historical: No #### Dates - Event date: 2025-10-15T00:00:00.000Z Reasoning: 81.5% recovery is a robust result for spodumene concentrate production. - Positive factor: Strong recovery for a lithium project Evidence · text > Heavy Liquid Separation \(HLS\) produced a 6.0% Li₂O spodumene concentrate with 81.5% Li₂O recovery #### 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 \(80%\) ## 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.