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Imagine Lithium Acquires Strategic Land Package to Expand Jackpot Project
LITHIUM CORPORATION LTUM | 0.09
| +2.38% 0.00% Post |
Imagine Lithium Inc. has announced the acquisition of an 8,449-hectare land package known as the 'Spod Lithium Option,' increasing its total holdings at the Jackpot Lithium Project near Thunder Bay, Ontario by 45% to 27,597 hectares. The company purchased 18 multi-cell mineral claims from Spod Lithium Corp for CAD$30,000, with the claims subject to a 2% net smelter royalty held by Jadeite Capital Ltd. This strategic acquisition consolidates Imagine's position as the largest landholder in the Georgia Lake region and creates a continuous land position between its Jackpot deposit and Rock Tech Lithium's Nama Creek deposit.


