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Imagine Lithium Produces 6% Li2O Concentrate with Low Iron Content From Metallurgical Testing at Jackpot

Vancouver, British Columbia--(Newsfile Corp. - February 9, 2023) - IMAGINE LITHIUM INC. (TSXV:...

articleImagine Lithium IncFebruary 9, 20233/company/imagine-lithium-inc/news/imagine-lithium-produces-6percent-li2o-concentrate-with-low-iron-content-from-metallurgical-testing-at-jackpot
Imagine Lithium Produces 6% Li2O Concentrate with Low Iron Content From Metallurgical Testing at Jackpot

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[{"type":"text","content":"Imagine Lithium Produces 6% Li2O Concentrate with Low Iron Content From Metallurgical Testing at JackpotVancouver, British Columbia--(Newsfile Corp. - February 9, 2023) - IMAGINE LITHIUM INC. (TSXV: ILI) (OTCQB: ARXRF) (the \"Company\" or \"Imagine\") is pleased to announce positive preliminary results from metallurgical testing at it's Jackpot Lithium Project, for which the highlights are presented below:A surface composite sample of approximately 200 kg was provided from the Jackpot main zone and shipped to an independent laboratory in Canada.The Main spodumene-bearing composite sample contained 1.72% Li2O and 0.29% Fe2O3.A HLS (Heavy Liquid Separation) concentrate at 2.80 SG (Specific Gravity) resulted in 6.0% Li2O concentrate and a high Li recovery of 81.5%. A low Fe2O3 grade (0.76 %) was achieved without magnetic separation.The initial results confirm lithium recovery can be even further improved by flotation operation and/or DMS (Dense Media Separation).Additional metallurgical tests will be conducted to confirm these results.JC St-Amour, President of Imagine Lithium said, \"We are very pleased with the initial metallurgical tests on the Jackpot spodumene-bearing granitic pegmatite dykes indicating a high recovery and elevated lithium concentrates can be produced from simple metallurgical processes. A 6% lithium concentrate is the industry standard and concentrate prices are quoted at a 6% Li2O grade. Low iron is also desirable as it increases the addressable market for our product (battery, glass and ceramics markets). Given that metallurgical analysis and results are an important input in the customer engagement process, we believe this is an important step in our consideration of multiple commercial opportunities for our lithium products in tandem with continued exploration program.\"The Jackpot Lithium project is located approximately 40 km North of the town of Nipigon, Ontario and is near infrastructure including the Trans-Canada Highway, power, rail service, and ports (See Figure 1). Figure 1: Jackpot Lithium Project Location MapTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2962/154235_d5a145f3c42e4b23_002full.jpgWith respect to it's 2022 drilling campaign, the Company expects to be able to announce its remaining assay results in the coming week.Corpora...

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