Grounded Lithium Announces Completion of 2024 Field Program on the Kindersley Lithium Project and Provides PFS Progress Update

Original announcement by tmx on

Company
Grounded Lithium Corp.
Ticker
GRD
Exchange
TSX
Region
Saskatchewan
Primary commodity
Lithium
Secondary commodities
None reported
Document categories
Metallurgy, Other
Extracted
2026-08-23 15:10:33 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Grounded Lithium has completed its 2024 field program at the Kindersley Lithium Project, confirming lithium concentrations of 76.5 mg/L in previously tested zones and 66 mg/L in a newly identified lower zone. The company has also commenced direct lithium extraction (DLE) test work and 3D reservoir depletion modelling to support its upcoming Pre-Feasibility Study (PFS).

Reasoning: The company successfully completed its 2024 field program, confirming lithium concentrations and identifying new deliverability zones, which supports the ongoing PFS process.

Positive factors

  • successful completion of field program
  • confirmation of lithium concentrations in known zones
  • identification of additional deliverability in lower zones
  • commencement of DLE test work

Facts used in scoring: 2

Classification and evidence

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The document mentions lab-pilot testing and commencement of DLE test work, but does not describe pilot or demonstration plant scale results.

Evidence · text

“Evaluations are underway at three independent extraction technology labs and two governmental research labs for respective lab-pilot testing”

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Metallurgical Results (2)

bulk brine samplinglithiumHead Grade: 76.5Head Grade Unit: mg/lView all details
Link to this fact

Identity

Commodity
lithium
Ticker
GRD

Test Work

Program Status
preliminary
Test Type
bulk brine sampling
Sample
previously tested zones

Recovery

Head Grade
76.5
Head Grade Unit
mg/l

Review

Needs Review
No
Historical
No

Dates

Event date
2025-01-22T00:00:00.000Z

Reasoning: Confirms existing lithium concentrations in known zones.

Positive factors

  • confirms previous understanding

Evidence · text

“Test results confirmed lithium concentrations from zones previously tested at 76.5 milligrams/litre”
bulk brine samplinglithiumHead Grade: 66Head Grade Unit: mg/lView all details
Link to this fact

Identity

Commodity
lithium
Ticker
GRD

Test Work

Program Status
preliminary
Test Type
bulk brine sampling
Sample
newly drilled lower zone, in the base of the Duperow formation

Recovery

Head Grade
66
Head Grade Unit
mg/l

Review

Needs Review
No
Historical
No

Dates

Event date
2025-01-22T00:00:00.000Z

Reasoning: Identifies new lithium-rich brine in a previously untested lower horizon.

Positive factors

  • demonstrated high additional deliverability
  • newly accessible horizon

Evidence · text

“Tests of the newly drilled lower zone... demonstrated high additional deliverability with lithium brine concentrations at 66 milligrams/litre”

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.