Imagine Lithium Channel Samples 1.34% Li2O over 9.10 m From the Ruth Pegmatite Discovery
TMX Newsfile·2026-01-19 12:00

Core Insights - Imagine Lithium Inc. has reported positive results from the 2025 bedrock stripping and channel sampling program at the Ruth Pegmatite, part of the Jackpot lithium project, indicating significant lithium resource potential [1][2][17] Company Overview - Imagine Lithium Inc. is a junior mining exploration company focused on acquiring mineral projects, particularly the Jackpot lithium property located in the Georgia Lake area, approximately 140 km northeast of Thunder Bay, Ontario [17] - The Jackpot property consists of 322 mineral claims covering 27,597 hectares and contains NI 43-101 compliant Mineral Resources of 3.1 million tonnes (Mt) grading 0.85% Li2O in the indicated category and 5.3 Mt grading 0.91% Li2O in the inferred category [17] Ruth Pegmatite Discovery - The Ruth Pegmatite was discovered during the 2024 field season, with a total of 0.157 hectares exposed over a 233 m strike length [4][6] - The channel sampling program revealed significant lithium grades, including 1.34% Li2O over 9.10 m in channel RCH25-06 and 1.15% Li2O over 7.70 m in channel RCH25-05 [5][7] Sampling and Results - A total of 112 channel samples were collected from ten channels, with assay highlights demonstrating the potential for new discoveries on the Jackpot property [7][9] - The results from the Ruth channel sampling program indicate mineralized widths and continuity, which are encouraging for expanding the resource inventory [2][5] Infrastructure and Advantages - The Jackpot project benefits from nearby infrastructure, including access to the Trans-Canada Highway, power sources, ports, and a skilled workforce, enhancing its operational viability [2][17]

Imagine Lithium Channel Samples 1.34% Li2O over 9.10 m From the Ruth Pegmatite Discovery - Reportify