Vinland Lithium Inc. Commences Summer Exploration Program and Launches Website
Vinland Lithium Inc. Commences Summer
Exploration Program and Launches Website
Thunder Bay, Ontario--(Newsfile Corp. - June 18, 2025) - Vinland Lithium Inc. (TSXV: VLD) ("Vinland" or
the "Company") is pleased to announce it has commenced its summer exploration program on its Killick
Lithium Project (the "Project"). Vinland's exploration program is designed to follow up on last year's
identification of several new areas of mineralized pegmatite rock units across the project. The program
will also be completed in conjunction with its partnership with the Critical Minerals Research Initiative
between St. Francis Xavier University, Memorial University, Newfoundland Geological Survey. The
program is focused on detailed research of the lithium pegmatites in southwestern Newfoundland where
a total of $1.3 million over 4 years has been approved for the project.
In addition, the Company would like to announce that it has launched its website.
Shareholders and
interested parties are encouraged to visit
www.vinlandlithium.ca
for detailed project and Company
information.
About the Killick Lithium Project
The Killick Lithium Project was first discovered in late-summer 2021 by Benton Resources Inc.
("Benton") and Sokoman Minerals Corp. ("Sokoman") personnel (Figure 1). The maiden drill program in
2022 resulted in the discovery of the
Kraken Dyke
which returned 8.4 meters of 0.95% Li
2
0 in hole GH-
22-01.
Further work in 2022-2023 resulted in the discovery of several additional spodumene-bearing
dykes including the
Killick Dyke/East Dyke
system where drilling has returned 1.04% Li
2
0 over 15.23
meters in hole GH-22-27 and 1.06% Li
2
0 over 16.7 meters, including 1.22% Li
2
0 over 13.37 meters in
hole GH-23-46.
Several spodumene-bearing dykes remain untested by diamond drilling.
Large-scale
regional geochemical surveys have outlined multiple lithium and tantalum in soil anomalies, some of
which are several kilometres in length. During the 2024 summer field season, the joint venture between
Benton, Sokoman and Piedmont completed an airborne geophysical magnetics and electromagnetics
survey as well as field geochemical surveys on the Project.
Field geochemical and geological surveys
consisted of prospecting, geological mapping, soil sampling and basal till sampling were also
completed.
Highlights of the exploration program are presented below:
A 4,854.3-kilometer airborne Magnetics and VLF-EM (very low frequency electro magnetics) was
flown in April and May of 2024.
The survey area covered parts of the property not flown in the 2021
program.
The two data sets are now merged and provide complete coverage of the entire Project.
Interpretation of the data has identified several anomalous areas for future exploration follow-up.
Prospecting has resulted in the identification of multiple spodumene-bearing pegmatite float
samples in the Kraken South area of the Project.
Float samples range from angular to sub-rounded
and have returned assays to 1.97% Li
2
0, with 11 samples assaying greater than 1.0% Li
2
0.
Initial
basal till sampling in the area has confirmed spodumene grains in several samples.
The Kraken
South area is deemed high priority for follow-up evaluation.
Prospecting and soil sampling continue to expand anomalous areas of LCT pegmatite dyke
occurrences.
Areas such as Grandy's West and Top Pond Ridge are multi-kilometer anomalies
containing elevated lithium and tantalum in soils and rock samples. All areas that have anomalous
Li and Ta in soil contain pegmatite dykes in bedrock that further indicate high potential for the
discovery of LCT pegmatite dykes in the area.
Anomalous Tantalum is believed to indicate local
highly fractionated geochemical sources adding to the high-prospectivity of these areas.
Vinland is also advancing its
Hydra Cesium discovery
where initial channel sample results
returned
8.75% Cs
2
O
, 0.41% Li
2
O, 0.025% Ta
2
O
5
and 0.33% Rb
2
O over 1.2 meters including
13.57% Cs
2
0 and 0.32% Li
2
0 over 0.4m.
Six short diamond drill holes tested the discovery area
with results including 13.55m of 0.146% Cs
2
O and 0.158% Li
2
O including 0.50 m of 0.80% Cs
2
O
and 0.152% Li
2
O in hole HY-23-01.
Prospecting and limited trenching has indicated that the Hydra
Dyke has a strike length of over 200 meters to the north of the original discovery site, and the dyke
is open under till cover to the south.
Key Corporate Highlights:
The Killick Lithium Project holds excellent potential for additional discoveries in a newly identified
lithium belt located in the friendly mining district of Newfoundland, Canada
High grade Lithium and Cesium pegmatites have been discovered since 2021
Vinland is well structured with approximately 10 million issued and outstanding shares with more
than 6 million held by insiders that are under an escrow provision for 36-months
In 2023
Piedmont Lithium Inc.
("Piedmont"), a leading North American lithium company
(NASDAQ: PLL), completed a private placement investment in Vinland of $2 million at a price of
$1 per providing Piedmont with a a 19.9% interest in Vinland
Piedmont has vast technical and geological knowledge, and their Carolina Lithium property has
similar geology to that of Killick/Kraken pegmatites
Vinland holds indirectly, through its subsidiary Killick Lithium Inc., a 100% interest in the Killick
Lithium Project
Piedmont has the option to earn up to a 62.5% direct interest in Killick Lithium Inc. (a wholly-owned
subsidiary of Vinland) by spending CAD$12.0M in exploration and development over 54 months
commencing in October 2023 along with certain other commitments to Benton and Sokoman
Figure 1: Killick Lithium Project - General Location Map
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11666/255974_b22898b2348e8971_001full.jpg
QA/QC Protocols
Rock and core samples are submitted to SGS Canada Inc. in Grand Falls-Windsor, Newfoundland for
preparation and then sent to the SGS Canada Inc. analytical laboratory in Burnaby, British Colombia for
analysis. All samples were acquired by hand (rocks) or saw-cut (channels/drill core) and delivered, by
Vinland personnel, in sealed bags, to the Grand Falls-Windsor prep lab of SGS, which is an accredited
assay lab that conforms to the requirements of ISO/IEC 17025. Samples are analyzed using SGS's
GS_IMS91A50 method that delivers a 56-element package utilizing sodium peroxide fusion, ICP-AES,
and ICP-MS analytical techniques. All reported assays are uncut. Soil samples were collected by
Vinland personnel utilizing a standard Dutch-auger, collecting B Horizon soil, where possible. Where B
was not present, the soil horizon or type was noted. Soil samples were sent to Eastern Analytical Ltd., in
Springdale, NL, for Li, Ta, Sn, and Nb analyses by four-acid digestion, analyzed by ICP-OES. Eastern
Analytical Ltd. achieved ISO 17025 accreditation in February 2014 (for more details on the scope of
accreditation visit the
CALA website
).
Till samples were collected by Vinland personnel utilizing
conventional shovel dug holes and screened to -10mm in the field.
Samples were shipped to
Overburden Drilling Management (ODM) in Nepean , Ontario for analysis using their standard lithium
indicator mineral package.
QP
Barry Sparkes, P.Geo., Vice President of Exploration for Vinland Lithium Inc., the 'Qualified Person'
under National Instrument 43-101, has approved the scientific and technical disclosure in this news
release and prepared or supervised its preparation.
About Vinland Lithium Inc.
Vinland Lithium Inc. is a well-financed mineral exploration company listed on the TSX Venture Exchange
under the symbol VLD. Vinland holds 100% interest in the Killick Lithium Project in Southwestern
Newfoundland and is seeking additional opportunities in the lithium-cesium-tantalum space.
Vinland is focused on advancing the recently-discovered Killick Lithium Project which covers 60
kilometers of highly-prospective geological terrane in proximity to the Baie d'Est Fault.
The project
boasts multiple spodumene-pegmatites within the Kraken Pegmatite Field and high-grade cesium-
tantalum-lithium hosted in the Hydra Pegmatite.
Further potential for discovery is excellent given the
extensive number of untested geochemical and geophysical targets present.
All initial drilling phases at the Killick Lithium Project to date have returned impressive results from
multiple pegmatites including: 8.4m of 0.95% Li
2
O in GH-22-01 at the Kraken Dyke, 16.2m of 0.43%
Li
2
O in GH-22-05 at the Kraken North Dyke, 20.82m of 0.60% Li
2
O incl. 5.5m of 1.16% Li
2
O in GH-22-
15, and 8.37m of 0.91% Li
2
O in GH-22-08 at the East Dyke and 15.23m of 1.04% Li
2
O in GH-22-27 and
13.37m of 1.22% Li
2
O in GH-22-45 at the Killick Dyke. At the Hydra Cesium Dyke, initial channel
sample results to 8.75% Cs
2
O, 0.41% Li
2
O, 0.025% Ta
2
O
5
and 0.33% Rb
2
O over 1.2 meters including
13.57% Cs
2
0 and 0.32% Li
2
0 over 0.4m
.
On behalf of the Board of Directors of Vinland Lithium Inc.,
"Stephen Stares"
Stephen Stares, President
Parties interested in seeking more information can contact Mr. Stares at the number below.
For further information, please contact:
Stephen Stares, President & CEO
Phone:
807-474-9020
Email:
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
The information contained herein contains "forward-looking statements" within the meaning of
applicable securities legislation. Forward-looking statements relate to information that is based on
assumptions of management, forecasts of future results, and estimates of amounts not yet
determinable. Any statements that express predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance are not statements of historical fact and may
be "forward-looking statements."
Forward-looking statements are subject to a variety of risks and uncertainties which could cause
actual events or results to differ from those reflected in the forward-looking statements, including,
without limitation: risks related to failure to obtain adequate financing on a timely basis and on
acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks
associated with mining and exploration; risks related to the maintenance of stock exchange listings;
risks related to environmental regulation and liability; the potential for delays in exploration or
development activities or the completion of feasibility studies; the uncertainty of profitability; risks and
uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral
deposits; risks related to the inherent uncertainty of production and cost estimates and the potential
for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility
that future exploration, development or mining results will not be consistent with the Company's
expectations; risks related to gold price and other commodity price fluctuations; and other risks and
uncertainties related to the Company's prospects, properties and business detailed elsewhere in the
Company's disclosure record. Should one or more of these risks and uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary materially from those
described in forward-looking statements. Investors are cautioned against attributing undue certainty to
forward-looking statements. These forward-looking statements are made as of the date hereof and the
Company does not assume any obligation to update or revise them to reflect new events or
circumstances. Actual events or results could differ materially from the Company's expectations or
projections.
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