IMAGINE LITHIUM INC. announced that its 2022 prospecting program has identified a new drilling target located approximately 1.6 km to the northwest of the Jackpot Main Zone. Grab samples from this area have identified at least one mineralized spodumene-bearing granitic pegmatite over a strike length of approximately 500 m. Samples collected from the pegmatite have returned Li2O values up to 2.72% Li2O. A total of 15 grab samples were taken from the area, where a spodumene bearing pegmatite was traced over 500 m. The samples returned values containing lithium grades ranging from 0.01% to 2.72% Li2O.

Samples from a 240 m section of the granitic dike along strike generated an average of 1.17 Li2O% (n=11). It is believed that the pegmatite could be as much as 40 m wide. The Company plans to complete follow-up prospecting and sampling work in the general vicinity of this pegmatite as well as an exploration drilling campaign targeting the pegmatite specifically.

The 2022 drilling campaign at Jackpot ended in early December, having drilled over 10,000 m.