# VISION LITHIUM FILES PRELIMINARY ECONOMIC ASSESSMENT TECHNICAL REPORT FOR THE SIRMAC LITHIUM PROJECT

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/vision-lithium-files-preliminary-economic-assessment-technical-report-for-the-si--87b2df32-742b-4bed-ac6d-10ba9efec558

Original source: https://money.tmx.com/en/quote/VLI/news/7568384555688309/vision-lithium-files-preliminary-economic-assessment-technical-report-for-the-si

Publisher: tmx

Original announcement: 2023-03-27T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Vision Lithium Inc.

- Ticker: VLI

- Exchange: TSX

- Region: Quebec

- Primary commodity: Lithium

- Secondary commodities: Tantalum

- Document categories: Resource update

- Extracted: 2026-08-21 11:46:00 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Vision Lithium has filed a NI 43-101 Preliminary Economic Assessment \(PEA\) for the Sirmac Lithium Project in Quebec. The PEA indicates a high-return Direct Shipping Operation \(DSO\) with a pre-tax NPV of C$183.6M and an IRR of 839%.

Reasoning: The filing of a PEA for the Sirmac project demonstrates significant economic potential with high returns and a high proportion of Measured & Indicated resources.

- Positive factor: High IRR \(839% pre-tax\)

- Positive factor: Strong NPV \(C$183.6M pre-tax\)

- Positive factor: Short payback period \(<1 year\)

- Positive factor: High M&I percentage \(85%\)

- Negative factor: PEA is preliminary in nature

- Negative factor: Includes Inferred resources

Facts used in scoring: 1

## Classification and evidence

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The announcement is for the filing of a Preliminary Economic Assessment \(PEA\) technical report.

Evidence · text

> reports that it has filed the technical report supporting the Preliminary Economic Assessment \(" PEA "\)

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The technical report was prepared in accordance with NI 43-101 standards.

Evidence · text

> prepared in accordance with National Instrument 43-101

**QP/CP Signed**

Polarity: positive

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: Claude Duplessis and Daniel Dufort, both P.Eng. and qualified persons, reviewed and approved the content.

Evidence · text

> reviewed and approved by Claude Duplessis , P.Eng., and Daniel Dufort , P.Eng.

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/vision-lithium-files-preliminary-economic-assessment-technical-report-for-the-si--87b2df32-742b-4bed-ac6d-10ba9efec558#fact-resource-facts-0)

lithium

#### Identity

- Commodity: lithium
- Ticker: VLI

#### Resource Data

- Category: indicated
- Tonnes: 321000
- Grade: 1.33
- Grade Unit: % Li2O

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2023-03-27T00:00:00.000Z

Reasoning: The PEA highlights 321,000 tonnes of DSO at 1.33% Li2O.

- Positive factor: High grade for DSO

Evidence · text

> 4 years of mine life with 321,000 tonnes of DSO at 1.33 % Li 2 O

## 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.