Vision Lithium Drills 22.4m of 1.7% LI2O on Sirmac Lithium Property
Vision Lithium Drills 22.4m of 1.7% LI2O on Sirmac Lithium
Property
VAL-D'OR, QC
,
May 30, 2018
/CNW/ - Vision Lithium Inc. (TSXV: VLI) (OTC: ABEPF) (the "
Company
" or "VLI") is pleased to announce
the initial results from its 1,500 metre drilling program consisting of approximately 25 shallow drill holes targeting the #5 Dyke outcrop area. The
Sirmac lithium property, acquired from Nemaska Lithium Inc. ("
Nemaska
"), consists of 194 mining claims having a total area of approximately
10,350 hectares, and is located 180 kilometres by road north-west of
Chibougamau, Quebec
.
Results include:
Hole #
From
To
Interval
Li2O
Ta2O5
metres
metres
metres
%
ppm
SIR-12-26 Twin
2.40
22.20
19.80
1.62
60
including
2.40
13.20
10.80
2.24
43
SIR-18-02
1.60
24.00
22.40
1.70
57
including
15.00
24.00
9.00
2.28
39
including
19.50
22.50
3.00
4.54
22
"I am very pleased with our initial drilling results. The twin hole is almost an exact replica of the hole originally drilled by
Nemaska
back in 2011,
and gives us added confidence in the balance of their historical work. Hole SIR-18-02 is an infill hole and returned excellent widths and grade.
Results over 1% Li
2
O are what we want to see, these grades are quite exceptional and we are very pleased to see such significant widths," said
Yves Rougerie
, President and CEO of Vision Lithium.
Rougerie continued, "Our next step will be to start the metallurgy work to demonstrate that this material can make an acceptable concentrate. We
are targeting a concentrate of 6% Li
2
O or higher. We will use the core from our drill program for the metallurgical testing at the lab. Once we see
the results of the metallurgy we will confirm that the concentrate can make a battery grade lithium hydroxide and lithium carbonate. We have
contacted the lab to book this testing."
The #5 Dyke is the initial target, as the historical work done by
Nemaska
and previous operators was primarily focused on this large outcrop.
Since acquiring the property, Vision Lithium has acquired another 170 claims surrounding the original claims and extending several km eastward,
thus providing for ample new exploration and potential drill targets in addition to the #5 Dyke. Summer field exploration work is planned for the
newly acquired claims.
Drill hole collar information:
Project
HOLE
Azimuth
Dip
Length
metres
UTM
Nad 83
- East
UTM
Nad 83
- North
UTM
Nad 83 -
Elevation
Sirmac
SIR-12-26-Twin
55
-59
51
466312
5607927
387
Sirmac
SIR-18-01
360
-90
51
466284
5607990
380
Sirmac
SIR-18-02
360
-87
51
466350
5607872
397
Sirmac
SIR-18-03
235
-45
72
466390
5607878
394
Hole SIR-18-01 and SIR-18-03 reported no significant Li2O values.
The information of scientific or technical information in this release has been reviewed and approved by
Yves Rougerie
, geo, President and CEO
of the Company. Mr. Rougerie is a qualified person as defined by NI 43-101.
About Vision Lithium Inc.
Vision Lithium Inc. is a junior exploration company focused on exploring and developing high quality battery mineral assets including lithium and
copper in safe jurisdictions, primarily
Canada
. The Company is led by skilled and qualified mineral exploration experts and business professionals
with a deep understanding of the lithium battery materials market which is driven by lithium ion batteries. Vision Lithium is committed to discovering
new world class assets and bringing these assets to production, starting with its flagship projects the Sirmac Lithium property and the Dome
Lemieux copper property, both located in
Quebec, Canada
. Nemaska Lithium is the largest shareholder of Vision Lithium.
For further information on the Company, please visit our website at
www.visionlithium.com
or contact us at
.
NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES
OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE
Vision Lithium Inc.
View original content: http://www.newswire.ca/en/releases/archive/May2018/30/c1028.html
%SEDAR: 00003760E
For further information:
Victor Cantore, Executive Chairman, Tel: +1 514 831 3809, Email: [email protected]; Yves Rougerie,
President and CEO, Tel: +1 819 874 6200, Email: [email protected]
CO: Vision Lithium Inc.
CNW 06:00e 30-MAY-18