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% Li2O 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%
Li2O 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
info@visionlithium.com.
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.