# VISION LITHIUM FILES PRELIMINARY ECONOMIC ASSESSMENT TECHNICAL REPORT FOR THE SIRMAC LITHIUM PROJECT

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/vision-lithium-files-preliminary-economic-assessment-technical-report-for-the-si--90557666-8efa-4d7c-b1ba-40f2825c2576

Original source: https://money.tmx.com/en/quote/VLI/news/7568384555688309/vision-lithium-files-preliminary-economic-assessment-technical-report-for-the-si

Publisher: tmx

Original announcement: 2023-03-27T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Vision Lithium Inc.

- Ticker: VLI

- Exchange: TSX

- Region: Quebec

- Primary commodity: Lithium

- Secondary commodities: Tantalum

- Document categories: Resource update, Other

- Extracted: 2026-09-13 07:02:10 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Vision Lithium has filed a Preliminary Economic Assessment \(PEA\) for its 100%-owned Sirmac Lithium Project in Quebec. The PEA indicates a high-return Direct Shipping Ore \(DSO\) operation with a pre-tax NPV of C$183.6M and an IRR of 839%.

Reasoning: The filing of a PEA for the Sirmac project demonstrates strong economic potential with high IRR and NPV based on a DSO mining method.

- Positive factor: High IRR \(839% pre-tax\)

- Positive factor: Strong NPV \(C$183.6M pre-tax\)

- Positive factor: Short payback period \(<1 year\)

- Positive factor: 85% of resources are M&I

- Negative factor: PEA is preliminary in nature

- Negative factor: Inferred resources are speculative

Facts used in scoring: 1

## Classification and evidence

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The document is a filing of a Preliminary Economic Assessment technical report.

Evidence · text

> reports that it has filed the technical report supporting the Preliminary Economic Assessment \(" PEA "\)

**NI 43-101 Compliant**

Polarity: positive

Definition: 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

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/vision-lithium-files-preliminary-economic-assessment-technical-report-for-the-si--90557666-8efa-4d7c-b1ba-40f2825c2576#fact-resource-facts-0)

lithium

#### Identity

- Commodity: lithium
- Region: canada\_qc
- Reported Region: Quebec
- Ticker: VLI

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:e061f04cbb9996fab193
- Deposit or zone: Pegmatite Dike \#5
- Material type: DSO
- Ownership percent: 100 %
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 321000
- Grade: 1.33
- Grade Unit: % Li2O

#### Prior Estimate

- Resource Date: 2023-02-15

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-27T00:00:00.000Z

Reasoning: The PEA reports 321,000 tonnes of DSO at 1.33% Li2O.

- Positive factor: High grade for DSO

- Negative factor: Preliminary nature of PEA

Evidence · text

> 321,000 tonnes of DSO at 1.33 % Li 2 O

#### 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

**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

**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

## 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.