Imagine Lithium Inc. reported that it continues to expand on the newly discovered Casino Royale zone, approximately 500m north of the Jackpot Main zone. The Jackpot lithium project is located in the Georgia Lake Pegmatite Field, approximately 140km northeast of Thunder Bay, Ontario. The Jackpot property is characterized by swarms of mineralized lithium-bearing granitic pegmatite dikes distributed over at least five zones on an 18,800ha land package.

The Casino Royale zone is an east-west trending, spodumene bearing pegmatite dike, which has been successfully intersected in 8 of 9 drill holes from the 2024 campaign. Casino Royale highlights include: 1.02% Li2O over 18.90m from 159.30m in hole JP-24-26; 0.96% Li2O over 13.25m from 154.20m in hole JP-24-28 including 1.42% li2o over 9.10m from 155.25m; 1.15% Li2O over 11.85m from 93.60m in hole JP-24-30 including 1.58% Li2O over 7.30m from 94.10m. Results announced demonstrate near-surface growth potential surrounding the Jackpot Main zone.

Results of the 2024 drill program continue to highlight the importance of drill testing and exploring for new, spodumene bearing pegmatite targets outside of the Jackpot Main zone. The Casino Royale zone was discovered through drill testing the historical Carrot Lake occurrence (MDI42E05SW00023) on the east side of Carrot Lake. Drilling by the Company on the Jackpot property since 2018 totals 39,901m.

From the commencement of this year, 4,020m of drill core from 30 diamond drill holes have been completed. The Casino Royale zone has a drill-tested strike length of 200m and may be delineated for over 900m by surface grab samples on the west side of Carrot Lake. Holes JP-24-26 & JP-24-27 were drilled from the same drill pad, at -45o and -80o dip.

Hole JP-24-26 had two lithium bearing pegmatite zones, intersecting 1.16% Li2O/6.05m from 118.2m and 1.02% Li2O/18.90m from 159.3m depth indicating a similar stacked pegmatite swarm to the Jackpot Main zone.