New Lithium Zones Identified At Jackpot Property

VANCOUVER – Imagine Lithium Inc. reported a successful field season to expand the known lithium mineralisation on the Jackpot property. The Jackpot lithium project is located in the Georgia Lake Pegmatite Field, approximately 140 km northeast of Thunder Bay, Ontario. The Jackpot property is characterized by swarms of mineralized lithium-bearing granitic pegmatite dikes distributed over at least five zones on an 18,800 ha land package.
The 2025 exploration program focused on property wide expansion of the known lithium mineralization on the property. Geological mapping and surface rock sampling was completed to follow-up soil geochemical anomalies identified by the 2024 program and additional soil sampling was completed to infill gaps in the older girds.
During the 2025 field program, a total of: 1) 1,106 field mapping stations were observed. 2) 145 surface grab samples were collected for assay outside the current resource envelope. 3) 28 muscovite samples were collected for LIBS geochemical analysis. 4) 306 soil samples collected from the northern portion of the property (Jackpot West and Newkirk area). 5) 199 soil samples collected from the SW infill grid (north of MNW area).
Results of the geological mapping and sampling program yielded 34 samples that returned greater than 0.10% Li2O, with an additional 8 samples returning tantalum values anomalously higher than 100 ppm Ta in bedrock. The highest bedrock sample returned 3.92% Li2O from 85 bedrock samples and the highest boulder sample returned 4.16% Li2O from 60 boulder samples throughout the property.
Of the six new spodumene mineralized zones, Jackpot West and Cosgrave North have in-situ lithium pegmatite on surface. The Jackpot South and Newkirk Zones consist of subcrop and boulders, while the Southwest Zone and Blay Lake Zone are defined by boulders. The Jackpot South, Blay Lake, Jackpot West, Cosgrave North and Newkirk Zones will all be permitted for diamond drilling and bedrock stripping that will be completed in the winter and spring of 2026.
Simone Suen, President, said, “We have discovered lithium mineralization in new areas of the property that have previously been untested and we are currently prioritizing diamond drill targets based on a very productive summer prospecting season. Our team is very excited to commence drilling on these new targets and we are in an excellent position to build on our 3.1 Mt indicated and 5.3 Mt inferred (grading 0.85% and 0.91% Li2O, respectively) Mineral Resource on the project.”