Vision Lithium Reports up to 4.80% Li2O from Channel Samples from Cadillac Lithium Property
VISION LITHIUM REPORTS UP TO 4.80% Li2O
FROM CHANNEL SAMPLES FROM CADILLAC
LITHIUM PROPERTY
VAL-D'OR, QUEBEC
,
Dec. 30, 2021
/CNW Telbec/ - Vision Lithium Inc. (TSXV: VLI) (OTCQB:
ABEPF) (FSE: 1AJ2) (the "
Company
" or "
Vision Lithium
") is pleased to announce initial high grade
lithium exploration results from its recently acquired Cadillac Lithium property (the "
Property
"),
including assays from surface channel sampling and completion of two geophysical surveys. The
Property comprises a total of 320 claims covering 18,378 hectares (184 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
.
Table 1. Channel sampling results
B Dike
Channel Sample
UTM-East
(m)
Length
(m)
Li
2
O
%
Calculated
R8
687334.6
1.00
2.17
R9
687296.9
0.50
1.43
R10
687295.3
0.50
2.34
R11
687292.6
2.00
0.61
R12A
687289.2
1.00
0.08
R12B
687288.8
0.50
0.74
R13
687286.7
0.50
0.90
R14
687285.9
1.50
0.49
R15
687285.1
0.50
1.43
R16
687283.6
0.50
2.81
R17
687283.0
1.00
4.80
R18
687279.0
0.60
2.44
R19
687277.6
0.50
0.30
R20
687270.6
0.35
3.98
R21
687270.2
0.35
3.93
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. Since acquisition, the Company has completed the following:
Acquired permits for access trails prep, outcrop clearing and sampling and a minimum 1,500
metre drill program. The Cadillac Lithium occurrence has never been drilled.
Sampled and assayed 21 separate short channel samples across the main outcropping "B" dike
over a strike length of 300 metres. Results received for 15 channels over 65 metres strike
length at western end of outcrops (Table 1). 10 of 29 samples assayed were above 1.00%
Li
2
O with a high of 4.80% Li
2
O over
1.00 m
.
Completed a high-resolution airborne MAG survey over more than half the property. Combining
the results of the survey with an existing adjacent HiRes survey. Review and interpretation are
ongoing at this time.
Acquired recent government LIDAR data for the entire property and completed a re-
interpretation of the data at higher resolutions in order to define and refine potential pegmatite
targets for future exploration. The LIDAR report identified over 400 potential pegmatite targets
for ground proofing next summer.
Yves Rougerie
, President and CEO commented, "These first assay results confirm the widespread
occurrence of spodumene along
65 m
of the most western section of the B dike with high grades of
3.98% and 3.93% at the extremity of the outcrop where the dike disappears under cover. Another
235 m
of B dike to the East was channel sampled as well and results for these are expected in
January 2022
. Based on these early results, we can see the strong potential of the cluster of dikes
in this area of the property. Spodumene has been observed in all the outcropping dikes and we also
believe there are likely more dikes in the cluster. Drilling will begin in January to initially test the B
dike over it's
300 m
exposed length. We plan to aggressively explore the Property over the winter by
drilling the main cluster of dikes and are planning for an exhaustive field exporation season next
summer over our very large tract of land."
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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%SEDAR: 00003760E
For further information:
Victor Cantore, Executive Chairman, Tel: 514-831-3809, Email:
[email protected]; Yves Rougerie, President and Chief Executive Officer, Tel: 819-316-
0474, Email: [email protected]
CO: Vision Lithium Inc.
CNW 06:30e 30-DEC-21