Vision Lithium Reports 2.17% Li2O over 5.5 Metres from Channel Samples ON Cadillac Lithium Property
VISION LITHIUM REPORTS 2.17% Li2O OVER
5.5 METRES FROM CHANNEL SAMPLES ON
CADILLAC LITHIUM PROPERTY
VAL-D'OR, QC
,
Feb. 14, 2022
/CNW Telbec/ - Vision Lithium Inc. (TSXV: VLI) (OTCQB: ABEPF)
(FSE: 1AJ2) (the "
Company
" or "
Vision Lithium
") is pleased to announce further high grade lithium
exploration results from its recently acquired Cadillac Lithium property (the "
Property
"), including
assays from surface channel sampling and a progress report on initial drilling of pegmatites. The
Property comprises a total of 332 claims covering 19,070 hectares (190 km
2
) located just 10 km
south of the historic mining town of Cadillac and approximately halfway between the major mining
centres of
Rouyn-Noranda
and
Val-d'Or
, in the province of
Quebec, Canada
.
Yves Rougerie
, President and CEO commented, "These channel samples were taken in late fall just
prior to snowfall cover. Along with the first batch of results released on
December 31
st
, these new
results confirm the occurrence of lithium bearing minerals for 300 metres along strike on pegmatite
B. Channel R7 returned 2.17% Li
2
O over
5.50 m
, the best intersection to date, while Channel R1
and R2 located 90 and
60 m
East assayed 1.32% over
1.00 m
and 4.00% over
1.00 m
. Two
samples from the A pegmatite dike also returned values near or above 1% Li
2
O. The exposed dikes
have never been stripped, cleaned, sampled and assayed in a systematic fashion. Our fall-winter
sampling was limited to what we could see and therefore these results are very encouraging."
Table 1. Channel sampling results
B Pegmatite
Channel Sample
UTM-East
(m)
Length
(m)
Li
2
O
%
R1
687564
1.00
1.32
R2
687531
1.00
4.00
R3
687517
0.50
1.61
R4
687512
1.00
1.88
R5
687511
0.50
0.85
R6
687502
0.50
0.85
R7
687475
5.50
2.17
A Pegmatite
Channel Sample
UTM-East
(m)
Length
(m)
Li
2
O
%
R22
687309
1.00
0.90
R23
687323
2.00
1.13
Along with the previous results, these results indicate the presence of significant lithium values over a
strike length of just under 300 metres, the extent the B dike can be observed on surface. Nothing
indicates the B dike stops there and the drilling program will test the extensions of the dike under
cover. The Cadillac Lithium property hosts at least 4 known spodumene-bearing pegamtitite dikes
which are spaced approximately 100 metres apart and traced for at least 300 metres East-West
along strike.
An open-ended drilling program began in January with one drill. The goal of the program is to test
the multiple dikes recognized at surface over their strike length and to a vertical depth of 50 metres.
To date, seven holes have been completed on three sections over a 150 metre strike length. The
holes all target the B pegmatite with a few holes being extended far enough to intersect the C
pegmatite and one hole drilled even further in order to intersect the D pegmatite. To date,
spodumene is observed in all the holes in varying amounts. Five holes have already been logged,
sampled and sent for assay.
Table 2. Drilling program
Section
Target Dike(s)
DDH #
UTM
East
UTM
North
Azimuth
Dip
Length
metres
500E
B
CAD-22-01
687469
5329617
030
-50
108.5
500E
B
CAD-22-02
687455
5329592
030
-54
81.0
500E
B
CAD-22-03
687455
5329592
030
-70
99.0
550E
B
CAD-22-04
687508
5329585
030
-50
48.0
550E
B
CAD-22-04A
687508
5329585
030
-54
45.0
550E
B
CAD-22-05
687497
5329560
030
-54
84.0
400E
B-C-D
CAD-22-06
687381
5329666
030
-50
250.0
Quality assurance/quality control (QA/QC)
The sampling program and the quality control program were planned and supervised by
Yves
Rougerie
. The quality assurance and control protocol involves the insertion of control or normalized
samples on average every 10 samples, in addition to the regular insertion in the process of analysis
of sterile, duplicate and standardized samples, accredited by ALS Canada Ltd. Samples were
transported from the Cadillac Lithium project to a secure facility in
Val-d'Or, Quebec
where samples
were prepared. The sawed channels samples were bagged, sealed and transported to the facility of
ALS Chemex in
Val-d'Or
, where each sample was dried, crushed and pulped (Prep-31). The
samples were crushed to 70 per cent less than two millimetres (CRU-31), riffle split, pulverize split
to better than 85 per cent passing 75 microns (PUL-31). Samples were assayed for Lithium +
33 element by ICP-AES (ME-MS85) and by 4Acid digestion for ore grade lithium samples (Li-
OG63).
The scientific and technical information in this release has been reviewed and approved by
Yves
Rougerie
, Geologist, President and CEO of the Company. Mr. Rougerie is a "qualified person" as
defined in National Instrument 43-101 -
Standards of Disclosure for Mineral Projects
. The potential
grades of exploration targets disclosed in this news release are conceptual in nature. There has
been insufficient exploration to define a mineral resource and it is uncertain if further exploration will
result in the target being delineated as a mineral resource.
About Vision Lithium Inc.
Vision Lithium Inc. is a junior exploration company focused on exploring and developing high quality
mineral assets including lithium and copper in
Canada
. The Company is led by skilled and qualified
mineral exploration experts and business professionals with a deep understanding of the 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 the Godslith lithium
property located in
Manitoba
; the Cadillac Lithium property, Sirmac lithium property and the Dôme
Lemieux
porphyry/skarn copper-zinc property, all located in
Quebec
; its skarn and breccia
polymetallic
Red Brook
and Benjamin properties in
Northern New Brunswick
and its
St. Stephen
nickel-copper-cobalt property in
Southern New Brunswick
.
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.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news
release includes certain "forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements include, but are not limited to, statements with respect to:
potential mineralization, estimates of cut-off grade, the potential to extend the estimates to other
portions of the Property, the Company's plans for further drilling and exploration, and the long-term
prospects of the lithium market. Forward-looking statements are necessarily based upon a number
of estimates and assumptions that, while considered reasonable, are subject to known and unknown
risks, uncertainties, and other factors which may cause the actual results and future events to differ
materially from those expressed or implied by such forward-looking statements. Such risks and
other factors include, but are not limited to: the estimates may turn out to be inaccurate; additional
drilling and exploration may lead to a determination that there is no potentially viable mine plan for
the Property; general business, economic, competitive, political and social uncertainties; delay or
failure to receive board, shareholder or regulatory approvals; and the ability of the Company to
execute and achieve its business objectives. There can be no assurance that the forward-looking
statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information, future events or otherwise,
except as required by law.
SOURCE
Vision Lithium Inc.
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For further information:
For additional information regarding this release, please contact: Victor
Cantore, Executive Chairman, Tel: 514-831-3809, Email: [email protected]; Yves
Rougerie, President and Chief Executive Officer, Tel: 819-316-0474, Email:
CO: Vision Lithium Inc.
CNW 06:00e 14-FEB-22