# Grounded Lithium Announces Commencement of 2024 Field Program and Selection of Stantec as Lead Author for Pre-Feasibility Study

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/grounded-lithium-announces-commencement-of-2024-field-program-and-selection-of-s--8667b90f-4730-4e4f-9700-667398ba3ba7

Original source: https://money.tmx.com/en/quote/GRD/news/6501078640288722/grounded-lithium-announces-commencement-of-2024-field-program-and-selection-of-s

Publisher: tmx

Original announcement: 2024-11-04T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Commencement of field program

- Positive factor: Selection of Stantec for PFS

- Positive factor: Fully funded $4.5M budget from Denison

- Positive factor: Planned metallurgical lab pilots

Facts used in scoring: 2

## Classification and evidence

**QP/CP Signed**

Polarity: positive

Story-specific tag

Definition: 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 Compliant**

Polarity: positive

Story-specific tag

Definition: 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.