Grounded Lithium Announces Commencement of 2024 Field Program and Selection of Stantec as Lead Author for Pre-Feasibility Study
Original announcement by tmx on
- Company
- Grounded Lithium Corp.
- Ticker
- GRD
- Exchange
- TSX
- Region
- Saskatchewan
- Primary commodity
- Lithium
- Secondary commodities
- None reported
- Document categories
- Other, Metallurgy
- Extracted
- 2026-08-23 15:08:37 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Grounded Lithium has commenced its 2024 field program and appointed Stantec as the lead author for the Kindersley Lithium Project Pre-Feasibility Study (PFS). The program includes deepening a dedicated lithium well, conducting production evaluation testing, and performing metallurgical lab pilots, all supported by a $4.5 million budget from Denison Mines Corp.
Reasoning: The company is advancing towards a Pre-Feasibility Study (PFS) with full funding from a partner and is initiating critical metallurgical and reservoir testing.
Positive factors
- Commencement of field program
- Selection of Stantec for PFS
- Fully funded $4.5M budget from Denison
- Planned metallurgical lab pilots
Facts used in scoring: 2
Classification and evidence
QP/CP Signedpositive · Story-specific tag
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Multiple Qualified Persons (P.Eng, P.Geo, etc.) are named as supervising the technical information.
Evidence · text
“prepared under the supervision of Doug Ashton , P.Eng., Alexey Romanov , P. Geo.”
NI 43-101 Compliantpositive · Story-specific tag
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The company explicitly states the PFS and technical reports are being prepared in accordance with NI 43-101.
Evidence · text
“in accordance with Canadian Securities Administrators National Instrument 43-101 (" NI 43-101 "”
Extracted facts
Stored fact records: 0. Some facts used in scoring do not have a stored record.
No stored fact records are available for this extraction.
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.