VAL-D'OR, QC, July 24, 2018 /CNW/ - Vision Lithium Inc. (TSXV:
VLI) (OTC: ABEPF) (the "Company" or "VLI") is pleased to
announce the exploration of a significant Lithium mineralized dyke
located more than 5 km from the main No. 5 dyke which was the
target of the winter drill program. This zone appears to be several
hundred metres in length and appears to host widespread spodumene
crystals. Two grab samples from this area were assayed and returned
results of 2.37% Li2O and 2.72% Li2O. A
follow up channel sampling program on the exposed areas is underway
on this exciting target. A stripping program in order to better
delineate the mineralized intrusive is in the permit stage and
limited drilling is in planning for later this summer.
Yves Rougerie, President and CEO
of Vision Lithium commented. "Our ground crew is very excited by
the size of this LCT pegmatite and the visible lithium
mineralization contained within. Their initial assessment indicates
that the target merits a channel sampling program which is
currently underway. Over the summer we will continue to explore
other areas on the Sirmac property as we are aware of a number of
other pegmatite dykes which need to be examined to determine if
they have visible mineralization that would warrant follow up
exploration work."
The Company also announced that it has signed an agreement with
SGS Lakefield to commence metallurgical testing on the core from
the winter drill program as well as samples taken from outcrops on
the Sirmac Property. The goal of the testing is to confirm that
this material can make an acceptable spodumene concentrate.
Rougerie continued, "We are targeting a concentrate of 6%
Li2O or higher. Once we see the results of the
metallurgy we will also confirm that the concentrate can make a
battery grade lithium hydroxide and lithium carbonate.
SGS-Lakefield is a renowned lab
and has worked with many lithium companies, including Nemaska
Lithium, to verify their ore is amenable to making quality
concentrate. We are currently preparing the samples for shipping to
the lab. It's been a busy summer thus far for Vision Lithium and we
will have much to report in the coming months."
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.
All rock samples were sent for preparation and analysis to the
ALS Chemex laboratory in Val-d'Or,
Quebec. The samples were transported to Val d'Or by secure transport and delivered to
ALS Chemex. Vision Lithium Inc. applies a rigorous quality control
protocol.
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.