VAL-D'OR, QC, Feb. 18, 2021 /CNW/ - Vision Lithium Inc. (TSXV: VLI) (OTC PINK: ABEPF) (the "Company" or "Vision Lithium") is pleased to report that it has staked 131 claims adjacent to its 100% owned Sirmac lithium property Northwest of Chibougamau, Quebec. The Sirmac property is now comprised of 155 map-staked claims covering 7,760 hectares (77 km2). The property is located approximately 200 kilometres South of the Whabouchi lithium mine and 180 km by road Northwest of Chibougamau, Quebec.
The claims join the Main Lithium zone and East Lithium zone claims and better surround and protect the East zone mineralized trends and extend the ground coverage more than 10 km to the East and Southeast. Ground work is planned for the new claims in the upcoming summer in search of new lithium discoveries.
Yves Rougerie, President and CEO of Vision Lithium commented, "There is another lithium deposit, which lies about 40 km to the east of our Sirmac property and much of our newly staked land pushes our property package to the east in that direction. There are no known dikes in that stretch of land despite being in the same belt of rocks, as much of the area is covered in glacial sands and gravels that hide the underlying bedrock. Work on our newly staked claims will focus on further exploration to identify new mineralized lithium dikes. This work will go hand in hand with exploration of the original Sirmac property that has yet to be fully explored."
The scientific and technical information in this release has been reviewed and approved by Yves Rougerie, Geologist, President and CEO of the Company. Mr. Rougerie is a "qualified person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About Vision Lithium Inc.
Vision Lithium Inc. is a junior exploration companyv focused on exploring and developing high quality mineral assets including lithium, gold and base metals in safe jurisdictions, primarily in Canada. The Company is led by skilled and qualified mineral exploration experts and business professionals. Vision Lithium is committed to discovering new world class assets and bringing these assets to production, starting with the Sirmac lithium property located in Northern Quebec and the Godslith lithium property in Manitoba as well as the Dôme Lemieux copper-zinc property in Quebec's Gaspé region and the polymetallic properties in New Brunswick.
For further information on the Company, please visit our website at www.visionlithium.com or contact us at [email protected] .
NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the positive impact of the foregoing on project economics, the long-term prospects of the lithium market, potential mineralization, and the Company's plans for further drilling and exploration. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks and other factors include, but are not limited to: additional drilling and exploration may lead to a determination that there is no potentially viable mine plan for the property; general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals; and the ability of the Company to execute and achieve its business objectives. There can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE Vision Lithium Inc.
Victor Cantore, Executive Chairman, Tel: 514-831-3809, Email: [email protected]; Yves Rougerie, President and Chief Executive Officer, Tel: 819-316-0474, Email: [email protected]
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