Imagine Lithium Inc.


Project Highlights

  • Intercepts include 25.46 m @ 1.21%, 21 m @ 1.16%, 14.35 m @ 1.22%, 5 m @ 3.02%, & 7.23 m @ 2.47%
  • Historical resource of 2,000,000 tonnes at 1.09% Li2O
  • 43-101 resource calculation expected in Q1 2024
  • Multiple new pegmatite targets on the property for future exploration


The Jackpot Lithium property, located in the Georgia Lake Area about 140 km NNE of Thunder Bay, Ontario, is situated approximately 12 km by road from the TransCanada Highway (Hwy 11) and approximately 50 km from the town of Nipigon, on Lake Superior. The Main Jackpot Zone was reported to contain 2Mt @ 1.09 Li2O as estimated in 1956 by Ontario Lithium Company Limited*.


Lithium was first discovered near Georgia Lake in 1955 within granitic pegmatites. The current Jackpot property covers the Jackpot and Newkirk-Vegan lithium deposits, described in a 1965 report by E.G. Pye published by the Ontario Department of Mines.

The Jackpot deposit was tested by a total of 32 diamond drill holes (~3,246 m) in 1955 by Ontario Lithium Company Limited, an associated company of Conwest Exploration Co. Ltd. The drilling confirmed the presence of at least two spodumene-bearing granitic pegmatite bodies, one at the surface (Dike No. 1) and a second body (Dike No. 2) lying beneath Dike No. 1.

Dike No. 1 is a 6 to 9 meters thick, flat-lying body occurring as outcrops and further exposed by historic trenching. A review of Ontario government assessment files suggest minimal drilling was completed on Dike No. 1 as efforts appear to have been focused on the larger (Dike No. 2). The 1955 drill logs extracted from archived files indicate assaying from only one drilled section within Dike No. 1 even though spodumene is identified in several drill logs. Records from DDH 428 intersected 1.47% Li2O over 3.96 m from the surface. The Company has not yet verified the reported assays. Dike No.1 represents a readily accessible target for trenching and bulk sampling and acquire sufficient material for metallurgical testing.

Dike No.2 is not exposed at surface and was discovered by diamond drilling. Dike No.2 has been described by Pye (1965) as follows: "... Historical drill intercepts include 1.52 per cent Li2O over 10.6 metres (drill hole 411) and 1.17 per cent Li2O over 21.2 metres from (drill hole 407)."

*All drill intercepts reported are historical in nature and are taken from assessment files available at the Ontario Ministry of Northern Development and Mines. The assay results have not been verified by Imagine Lithium. The estimates presented above are treated as historic information and have not been verified or relied upon for economic evaluation by the Company. These historical mineral resources do not refer to any category of sections 1.2 and 1.3 of the NI-43-101 Instrument such as mineral resources or mineral reserves as stated in the 2010 CIM Definition Standards on Mineral Resources and Mineral Reserves. The explanation lies in the inability by the Company to verify the data acquired by the various historical drilling campaigns. The Company has not done sufficient work yet to classify the historical estimates as current mineral resources or mineral reserves.

Jackpot Lithium Drill Programs

  • Jackpot consists of a swarm of parallel lithium-bearing east-west trending dikes
  • 2018 drilling focused on historical area
  • 2022 drilling expanded mineralized zone to the east by 400 m
  • 2023/2024 drilling continued to expand mineralized zone and tested new targets

2018 Work Program

Approximately 90 kg of spodumene-bearing granitic pegmatite rocks were collected from the surface and sent for assaying. Five of seven samples returned significant lithium values with samples returning in excess of 2% Li2O. Significant results include the following: 0.85%, 2.08%, 1.02%, 2.01% and 2.82% Li2O (lithium oxide).

In 2018, the Company completed a diamond drilling program aimed at confirming and expanding on the historical drilling (1955) at the Jackpot Property. A total of 53 holes were drilled (9,496 metres) in its long-hole program and 8 drill holes (298 metres) in its short-hole program. The long-hole program was aimed at surface, near-surface, and deeper Main Zone Dike spodumene (lithium) bearing pegmatites, whereas the short-hole program was focused exclusively on delineating surface and near-surface spodumene-rich pegmatites.

In addition, during 2018, the Company completed a prospecting and grab sampling program (96 grab samples) over most of the Jackpot Main area, identifying six (6) new areas of evolved surface pegmatite dikes and extending the historically known central Jackpot dikes to the east (+500 metres) and to the west (+400 metres).

Please refer to the following news releases for full results:

Also in 2018, the Company completed a channel sampling program that generated a total of 26 channel cuts (essentially surface drill holes) from spodumene-bearing pegmatite outcrops (cleared mechanically and washed) over nine cleared areas, comprising 372 individual channel samples (355.40 metres). See the following news release for full results:

Salient assay results from the channel sampling and drilling program are presented below:

  • DDH JS-18-01A: 19.80m @ 1.27 wt. % Li2O including 7.00m @ 1.63 wt. % Li2O;
  • DDH JS-18-01B: 14.60m @t 1.05 wt. % Li2O including 4.00m @ 2.09 wt. % Li2O;
  • DDH JS-18-02A: 17.20m @ 1.24 wt. % Li2O including 5.00m @ 2.09 wt. % Li2O;
  • DDH JS-18-02B: 13.05m @ 1.25 wt. % Li2O including 2.00m @ 2.63 wt. % Li2O;
  • DDH J-18-04: 7.23m @ 2.47 wt. % Li2O including 2.00m @ 4.48 wt. %
  • DDH J-18-06: 7.00m @ 1.60 wt. % Li2O;
  • DDH J-18-13: 5.00m @ 3.02 wt. % Li2O including 1.00 m of 5.11 wt. % Li2O;
  • DDH J-18-52: 22.45m @ 1.27 wt. % Li2O including 7.00m @ 2.27 wt. % Li2O;
  • Channel A4-CH1: 65.10m @ 1.10 wt. % Li2O;
  • Channel A6-CH1: 7.70m @ 2.42 wt. % Li2O;
  • Channel A11-CH1: 34.30m @ 1.45 wt. % Li2O;

2021 Work Program

In 2021, the Company mobilized a ground crew to sample target areas on its Jackpot lithium project. The areas of interest were generated from a high-resolution geophysical survey completed on the Jackpot property. The survey, conducted by Novatem Airborne Geophysics, identified several east-west trending anomalies that reflect structures,  including at the Jackpot Main Zone.

The ground crew sampled spodumene bearing pegmatites more than 300 m north-east of the Jackpot Main Zone. The pegmatite outcrops were observed over a strike length of approximately 900 m and appear to continue under cover to the north-east and under a small lake to the south-west. The identified pegmatite dykes outside the known Jackpot Main Zone appeared to have extensive strike length and represented excellent targets for follow up exploration. Imagine Lithium designed the 2022 drill program to test extensions of the Jackpot Main Zone.

2022 results for 2018 unsampled core

The drillholes for previously unsampled core (drilled in 2018) tested lithium-bearing granitic pegmatite dikes within the main dike swarm of the Jackpot project. Results include:

  • 8 m grading 1.28% Li2O (Hole J-18-M-04)
  • 8.8 m grading 1.02% Li2O (Hole J-18-M-03)

See press release for more sample results.

2022 Work Program

Summer 2022 prospecting program

This program identified a 3 km trend of sub-parallel spodumene-bearing pegmatite dikes that extends to the east and west of the Jackpot main drilling area. The figure below outlines the approximately 18,800-hectare Jackpot Lithium property and trend.

Assay results from 57 granitic pegmatite samples collected from the south-west of Jackpot contain multiple high grade Li2O grab samples (see press release for sample results). 

The figure below indicates the location of spodumene-bearing pegmatites that have been identified elsewhere on the property to date.

Highlights of the channel results reported November 29, 2022 include:

  • 10.3 m @ 1.23% Li2O, including 4.0 m @ 2.88% Li2O ; and
  • 10.0 m @ 1.02% Li2O, including 6.00 m @ 1.56% Li2O .

2022 Drill Program

The 2022 drill program expanded on drilling conducted in 2018, testing the eastern and western extensions of the dikes. It almost doubled the mineralized lithium zone by 400 metres along strike to the east of the previously drilled Jackpot Main Zone. The gently dipping zone extended a total of 900 metres along strike and 300 metres down dip, to a depth of 200 metres. The zone consists of multiple stacked spodumene rich pegmatite dikes.


Highlights of the assay results include:

  • Hole JP-2022-39B: 25.46 m @ 1.21% Li2O, including 10 m @ 1.88% Li2O;
  • Hole JP-2022-21C: 21.0 m @ 1.16% Li2O, including 8.0 m @ 1.40% Li2O;
  • Hole JP-2022-04: 10 m @ 0.90% Li2O, including 3 m @ 1.2% Li2O and 10 m @ 0.89% Li2O, including 4 m @ 1.15 % Li2O;
  • Hole JP-2022-19: 2.9 m @ 1.31% Li2O and 3.1 m @ 1.23% Li2O;
  • Hole JP-2022-18B: 12.45 m @ 0.69% Li2O including 3.01 m @ 1.09% Li2O
  • Hole JP-2022-21B: 3.00 m @ 0.92 Li2O % and 11.00 m @ 0.87 Li2O %
  • Hole JP-2022-16: 5.02 m @ 1.12% Li2O and 3.12 m @1.35 Li2O %
  • Hole JP-2022-41: 5.00 m @ 1.78% Li2O;
  • Hole JP-2022-53: 8.00 m @ 1.10% Li2O and;
  • Hole JP-2022-39: 7.00 m @ 1.11% Li2

Please refer to the following news releases for full results:

2023 Drill Program

Winter Program

Highlights of the assay results from Winter drill program reported on May 16,2023 News Release include:

  • Hole JP-23-03: 9.23 m @ 1.04% Li2O
  • Hole JP-23-04: 5.00 m @ 1.25% Li2O
  • Hole JP-23-04B: 6.00 m @ 1.36% Li2O
  • Hole JP-23-05: 7.00 m @ 1.19% Li2O
  • Hole JP-23-08: 5.00 m @ 1.18% Li2O

Summer/Fall Program

The extensive exploration program consisted of of diamond drilling on the Jackpot property. The diamond drill campaign focused on expansion of the Jackpot Main Zone as well as several new lithium bearing pegmatite targets to the west, northwest, and northeast, covering a trend of more than 3 km. In addition, the Company engaged a team of geologists to conduct a large prospecting and geological survey, accompanied by rock and soil sampling. For the first time, Imagine's exploration program set to cover the entirety of the vast Jackpot land package. It was designed to identify new lithium exploration targets and investigate numerous known pegmatite occurrences throughout the property. 

Highlight holes reported in October 24, 2023 News Release:

  • 14.35 m grading 1.22% Li2O in hole JPMET-2023-03;
  • 12.05m grading 1.06% Li2O in hole JPMET-2023-02;
  • 9.98 m grading 1.14% Li2O in hole JPMET-2023-01B; and
  • 9.0 m grading 1.00% Li2O in hole JP-2023-P1.
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Imagine Lithium is a Canadian-based junior exploration company focused on advancing its flagship Jackpot Lithium Project (Ontario) and evaluating suitable prospects that add value to shareholders.

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