# Imagine Lithium Outlines Exploration Program for Jackpot Project and Closing of Convertible Note Financing Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167 Original source: https://money.tmx.com/en/quote/ILI/news/4958339553644267/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of- Publisher: tmx Original announcement: 2026-08-26T21:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Imagine Lithium Inc. - Ticker: ILI - Exchange: TSX - Region: Ontario - Primary commodity: Lithium - Secondary commodities: Tantalum - Document categories: Drill results, Capital raise, Other - Extracted: 2026-09-12 06:30:26 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Imagine Lithium has closed a $3,000,000 convertible note financing to fund its exploration program at the Jackpot Project in Ontario. The company also provided an update on its exploration targets, highlighting several high-grade lithium surface samples and outlining upcoming drilling programs for 2026 and 2027. Reasoning: The company secured $3M in funding to advance its exploration program and reported several high-grade lithium surface samples across multiple target zones. - Positive factor: Successful closing of $3M convertible note financing - Positive factor: Identification of multiple high-grade lithium surface samples - Positive factor: Clear exploration roadmap for Fall 2026 and Winter 2027 - Negative factor: Financing involves convertible debt which may lead to future dilution Facts used in scoring: 16 ## Classification and evidence **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: The release mentions a Qualified Person \(Jason Arnold, P.Geo.\) reviewed and approved the technical content. Evidence · text > Qualified Person Jason Arnold, P.Geo., President of DCX Geological Consulting reviewed and approved the technical content of this news release. ## Extracted facts Stored fact records: 16. Some facts used in scoring do not have a stored record. ## Drill Results (16) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-0) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 2.91 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Jackpot South Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium sample from a boulder in the Jackpot South Zone. - Positive factor: High grade surface sample Evidence · text > 2.91% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-1) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 2.73 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Jackpot South Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium sample from a boulder in the Jackpot South Zone. - Positive factor: High grade surface sample Evidence · text > 2.73% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-2) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 2.52 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Jackpot South Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium sample from a boulder in the Jackpot South Zone. - Positive factor: High grade surface sample Evidence · text > 2.52% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-3) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 4.31 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Blay Lake Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium bedrock sample in the Blay Lake Zone. - Positive factor: Very high grade surface sample Evidence · text > 4.31% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 5 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-4) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 2.48 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Blay Lake Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium bedrock sample in the Blay Lake Zone. - Positive factor: High grade surface sample Evidence · text > 2.48% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-5) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 1.42 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Blay Lake Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Lithium boulder sample in the Blay Lake Zone. - Positive factor: Lithium grade present Evidence · text > 1.42% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 7 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-6) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 3.59 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Newkirk SW Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium pegmatite boulder in the Newkirk SW Zone. - Positive factor: High grade surface sample Evidence · text > 3.59% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-7) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 3.49 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Newkirk SW Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium pegmatite boulder in the Newkirk SW Zone. - Positive factor: High grade surface sample Evidence · text > 3.49% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 9 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-8) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 2.63 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Newkirk SW Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium pegmatite boulder in the Newkirk SW Zone. - Positive factor: High grade surface sample Evidence · text > 2.63% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 10 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-9) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 1.74 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Newkirk SW Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Lithium pegmatite boulder in the Newkirk SW Zone. - Positive factor: Lithium grade present Evidence · text > 1.74% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 11 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-10) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 1.84 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Cosgrave North Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Surface grab sample in the Cosgrave North Zone. - Positive factor: Lithium grade present Evidence · text > 1.84% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 12 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-11) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 3.92 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Cosgrave North Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade surface grab sample in the Cosgrave North Zone. - Positive factor: High grade surface sample Evidence · text > 3.92% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 13 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-12) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 1.98 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Jackpot West - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Lithium sample from outcrop in Jackpot West. - Positive factor: Lithium grade present Evidence · text > 1.98% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 14 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-13) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 0.98 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Jackpot West - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Lithium sample from outcrop in Jackpot West. - Positive factor: Lithium grade present Evidence · text > 0.98% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 15 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-14) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 4.16 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Jackpot Southwest Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium boulder in the Jackpot Southwest Zone. - Positive factor: High grade surface sample Evidence · text > 4.16% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 16 [Link to this fact](https://atlas-extractions.minestarters.com/news/imagine-lithium-outlines-exploration-program-for-jackpot-project-and-closing-of--018c7583-e005-48ec-ab13-9e579bb7d167#fact-drill-facts-15) Jackpot Project · lithium #### Identity - Project: Jackpot Project - Commodity: lithium - Region: canada\_on - Reported Region: Ontario - Ticker: ILI #### Geometry - Grade: 2.69 - Grade Unit: % Li2O #### Classification - Sample Type: surface #### Location - Location: Jackpot Southwest Zone - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: High-grade lithium boulder in the Jackpot Southwest Zone. - Positive factor: High grade surface sample Evidence · text > 2.69% Li 2 O #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not 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 ## 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.