VAL-D'OR, QC, Nov. 7, 2018 /CNW Telbec/ - Vision Lithium
Inc. (TSXV: VLI) (OTC-PINK: ABEPF) (the "Company" or
"VLI") is pleased to announce the results from its 2018
exploration programs on its 100% owned Sirmac Lithium Property (the
"Property" or "Sirmac"). The Sirmac property, acquired from the
Company's largest shareholder, Nemaska Lithium Inc. (TSX: NMX)
("Nemaska"), is located
approximately 200 kilometres south of Nemaska's Whabouchi Lithium Mine and 180
kilometres by road north-west of Chibougamau, Quebec. The Sirmac property
consists of 194 mining claims covering approximately 10,350
hectares.
"The newly discovered East Zone is located more than 5 km to the
east of the Main Dike on the Sirmac property. The Company applied
for stripping and drilling permits after it was discovered by our
crews earlier this year. The work was completed between June and
September with 22 channels totalling 149.5 metres in length and 112
samples, as well as 5 short drill holes totalling 500 metres that
were aimed at understanding the geometry of the dike system", said
Yves Rougerie, President and CEO of
Vision Lithium. "We saw significant grades and widths from the
channel results. Channels are essentially surface drilling and I am
very pleased with the level of mineralization in these channels.
This is an exciting area that warrants additional follow up."
Channel sampling results include:
Channels
|
Zone
|
From
(m)
|
To
(m)
|
Length
(m)
|
Li2O
(%)
|
CL-18-R01
|
East Zone
|
1.0
|
14.5
|
13.50
|
1.85
|
CL-18-R11
|
East Zone
|
0.0
|
11.7
|
11.70
|
1.58
|
incl.
|
|
2.6
|
7.1
|
4.50
|
2.37
|
CL-18-R17
|
East Zone
|
0.7
|
15.3
|
14.60
|
1.23
|
incl.
|
|
10.9
|
15.3
|
4.40
|
2.24
|
CL-18-R07
|
East Zone
|
1.8
|
17.2
|
15.40
|
1.05
|
*CL-18-R18
|
East Zone
|
0.0
|
10.3
|
10.30
|
0.86
|
incl.
|
|
6.6
|
10.3
|
3.70
|
1.41
|
CL-18-R04
|
East Zone
|
1.5
|
7.5
|
6.00
|
1.51
|
CL-18-R15
|
East Zone
|
0.0
|
5.5
|
5.50
|
0.89
|
CL-18-R05
|
East Zone
|
4.2
|
8.7
|
4.50
|
1.43
|
CL-18-R02
|
East Zone
|
0.0
|
3.0
|
3.00
|
1.19
|
CL-18-R06
|
East Zone
|
1.5
|
4.5
|
3.00
|
1.34
|
CL-18-R22
|
East Zone
|
0.0
|
3.0
|
3.00
|
0.93
|
CL-18-R23
|
East Zone
|
4.5
|
7.5
|
3.00
|
0.79
|
CL-18-R24
|
East Zone
|
2.9
|
5.9
|
3.00
|
0.61
|
CL-18-R16
|
East Zone
|
0.5
|
3.4
|
2.90
|
1.12
|
CL-18-R10
|
East Zone
|
0.0
|
2.1
|
2.10
|
0.85
|
CL-18-R03
|
East Zone
|
3.0
|
4.5
|
1.50
|
0.63
|
*Note: CL-18-R18: includes 2.1m @
zero grade due to overburden covered intervals
Diamond drilling core assay results include:
DDH
|
Zone
|
From
(m)
|
To
(m)
|
Core Length
(m)
|
Li2O
(%)
|
CL-18-01
|
East Zone
|
0.5
|
4.7
|
4.2
|
0.74
|
Incl.
|
East Zone
|
0.5
|
1.9
|
1.4
|
1.51
|
*CL-18-01
|
East Zone
|
0.0
|
0.5
|
0.5
|
NCR
|
CL-18-02
|
East Zone
|
0.8
|
3.0
|
2.20
|
0.63
|
*CL-18-02
|
East Zone
|
0.0
|
0.8
|
0.8
|
NCR
|
CL-18-03
|
East Zone
|
34.3
|
36.8
|
2.5
|
0.84
|
CL-18-04
|
East Zone
|
94.4
|
99.9
|
5.5
|
0.97
|
CL-18-05
|
East Zone
|
42.2
|
46.7
|
4.5
|
0.55
|
CL-18-05
|
East Zone
|
101.9
|
107.5
|
5.6
|
1.36
|
Note: Both CL-18-01 and CL-18-02 were drilled on mineralized
outcrop but the top section was not retrieved for logging and
sampling when casing was drilled.
"The East zone is made up of several lithium bearing intrusive
dikes which trend northward and dip to the east. The early drilling
was targeted immediately below the observable dikes to establish
their direction and dip and was done prior to channel sampling. The
assay results suggest the East zone has the potential to develop
into a significant lithium occurrence that could be advanced in
tandem with the Main Dike and possibly other lithium bearing zones
on the property. We have only tested a 100metre strike length of
the East zone dike swarm and it remains open in all directions. We
look forward to additional ground work and drilling on the East
zone in the upcoming programs. To that end we are planning a
minimum of 5,000 metre drill program on multiple rich targets on
the Sirmac property. "
The Main Dike zone was not drilled during the summer program.
Instead, field work followed up on the successful late winter
drilling program as well as different mapping and geophysical
surveys completed to better understand the geological setting of
the intrusive dike system ahead of future drill programs. The
drilling program, six years after the previous program, once again
demonstrated the potential of the Main Dike to host an economic
resource.
Drill core assay results from the Main Dike included:
DDH
|
Zone
|
From
(m)
|
To
(m)
|
Core
Length
(m)
|
Li2O
(%)
|
Ta2O5
(ppm)
|
SIR-12-26-Twin
|
Dike no. 5
|
2.4
|
22.2
|
19.8
|
1.62
|
59.7
|
SIR-12-45-Twin
|
Dike no. 5
|
13.7
|
19.7
|
6.0
|
1.22
|
63.6
|
SIR-12-49-Twin
|
Dike no. 5
|
30.1
|
42.1
|
12.0
|
1.22
|
79.2
|
SIR-12-61-Twin
|
Dike no. 5
|
4.7
|
10.7
|
6.0
|
1.30
|
47.2
|
SIR-12-61-Twin
|
Dike no. 5
|
25.9
|
42.0
|
16.1
|
0.25
|
114.3
|
SIR-12-63-Twin
|
Dike no. 5
|
13.6
|
22.6
|
9.0
|
1.40
|
38.8
|
SIR-18-02
|
Dike no. 5
|
1.6
|
24.0
|
22.4
|
1.70
|
57.4
|
SIR-18-04
|
Dike no. 5
|
22.5
|
37.2
|
14.7
|
1.42
|
74.1
|
SIR-18-05
|
Dike no. 5
|
3.6
|
5.1
|
1.5
|
1.43
|
16.0
|
SIR-18-21
|
Dike no. 5
|
22.4
|
24.8
|
2.4
|
0.57
|
41.1
|
A number of large dikes are observed in the area of the Main
Dike, several of which had been sampled by previous operators for
lithium alone. Vision Lithium resampled many of these dikes as well
as newly discovered dikes in the general vicinity of the Main Dike
and assayed for lithium and 21 other elements. Although no
significant lithium assays were returned, the minor elements assay
results indicate that these dikes are evolved Lithium Cesium
Tantalum (LCT) Pegmatite dikes which have the potential to host
significant lithium mineralization. Further work is required on all
these dikes, some of which are hundreds of metres long and tens of
metres wide.
Metallurgical tests are underway at SGS Lakefield ("SGS").
Outcrop samples and drill core samples from the winter drilling
program as well as from the Nemaska drilling program of 2012 were sent to
SGS for metallurgical tests in late spring and early summer. The
mandate calls for SGS to produce a Li2O concentrate of the highest
grade possible. Historical tests achieved concentrate grades above
6% and the Company expects the same results from the current study.
Once the results of the concentrate grade are confirmed, Vision
Lithium will then mandate SGS to make a battery grade lithium
hydroxide and lithium carbonate. First results from the tests are
expected shortly.
Location of East zone drill holes:
DDH
|
Zone
|
Az
|
Dip
|
Length
(m)
|
UTM
NAD83
East
|
UTM
NAD83
North
|
Elevation
|
CL-18-01
|
East
|
360
|
-90
|
51
|
471,178
|
5,610,494
|
423
|
CL-18-02
|
East
|
360
|
-90
|
30
|
471,163
|
5,610,502
|
423
|
CL-18-03
|
East
|
250
|
-45
|
84
|
471,281
|
5,610,528
|
422
|
CL-18-04
|
East
|
300
|
-45
|
201
|
471,289
|
5,610,528
|
421
|
CL-18-05
|
East
|
295
|
-45
|
117
|
471,299
|
5,610,495
|
419
|
The information of scientific or technical information in this
release has been reviewed and approved by Yves Rougerie, P.GEO., President and CEO of the
Company. Mr. Rougerie is a Qualified Person as defined by National
Instrument 43-101.
All rock samples were sent for preparation and analysis to the
ALS Chemex laboratory in Val-d'Or,
Quebec. Core samples were sawed in half, with one half being
bagged and tagged using barcodes. The samples are typically 1.5
metre samples. 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, including the insertion of certified analytical
standards, duplicates and blanks and statistical follow-up of the
results.
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.