Vision Lithium samples one m of 4.8% Li2O at Cadillac

Dec 30, 2021

2021-12-30 09:08 ET – News Release

Mr. Yves Rougerie reports

VISION LITHIUM REPORTS UP TO 4.80% LI2O FROM CHANNEL SAMPLES FROM CADILLAC LITHIUM

Vision Lithium Inc. has released initial high-grade lithium exploration results from its recently acquired Cadillac lithium 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 square kilometres) located just 10 kilometres 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.

The Cadillac lithium property hosts at least four 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. Ten of 29 samples assayed were above 1 per cent Li2O with a high of 4.80 per cent Li2O over one metre.
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 continuing at this time.
Acquired recent government LiDAR data for the entire property and completed a reinterpretation 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 chief executive officer, 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 per cent and 3.93 per cent 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 its 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 exploration 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 Mr. 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, Que., 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 plus 33 elements by ICP-AES (inductively coupled plasma — atomic emission spectrometry) (ME-MS85) and by four-acid digestion for ore grade lithium samples (Li-OG63).

The scientific and technical information in this release has been reviewed and approved by Mr. Rougerie, geologist, president and chief executive officer 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 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 Dome 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.

We seek Safe Harbor.

https://visionlithium.com/