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Vision Lithium (TSXV: VLI) (OTCQB: ABEPF) has discovered high-grade cesium mineralization at its Sirmac property, located 40 km west of Sayona's Moblan lithium deposit in Québec. The discovery revealed cesium grades up to 1.94% Cs2O, among the highest ever reported in Québec. Two pegmatite dikes containing spodumene were identified, showing significant values of lithium, tantalum, and rubidium. The samples showed similarities to the producing Tanco mine in Manitoba and Case Lake project in Ontario. The discovery suggests potential for a new corridor of LCT pegmatite dikes in the area, promising for both cesium and lithium-tantalum deposits.
Vision Lithium (OTC PINK: ABEPF), located in Quebec, will present live at VirtualInvestorConferences.com on March 30 at 1:00 PM ET. Investors can join the interactive event to ask questions or access an archived webcast afterward. The company has recently acquired the Godslith lithium project in Manitoba and successfully produced a battery-grade lithium carbonate sample from its Sirmac Lithium project. Vision Lithium aims to develop high-quality battery materials across safe jurisdictions in Canada.
On February 18, 2021, Vision Lithium (OTC PINK: ABEPF) announced the staking of 131 claims adjacent to its Sirmac lithium property in Quebec, increasing its total to 155 claims covering 7,760 hectares. This expansion aims to enhance the protection of the East zone mineralized trends and extend coverage beyond 10 km toward new exploration targets. President Yves Rougerie emphasized the potential for identifying new lithium dikes despite challenges posed by glacial sands. Upcoming summer ground work is planned to support these efforts.
Vision Lithium (OTC PINK: ABEPF) has signed a binding letter of intent to acquire the Godslith lithium claim in Manitoba, encompassing approximately 5,560 hectares. The property, which lies near Gods River, has a historical exploration indicating lithium mineralization with a significant drill-intersected grade of 1.49% Li2O over 15.2 meters. The transaction involves issuing 4 million common shares and granting a 3% net smelter returns royalty to the vendors. Completion of the deal is expected shortly, pending board and regulatory approvals.
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