Imagine Lithium Identifies New Lithium Zones on Jackpot Property

Executive Summary

• Imagine Lithium completed a successful 2025 field program on the Jackpot property, identifying six new spodumene‑mineralized zones outside the existing resource envelope.
• High‑grade surface grab samples returned up to 4.155 % Li₂O (boulder) and 3.918 % Li₂O (outcrop), with 34 samples exceeding 0.10 % Li₂O and eight showing >100 ppm Ta.
• The company plans to permit and commence diamond drilling on five of the new zones (Jackpot South, Blay Lake, Jackpot West, Cosgrave North, Newkirk) in winter/spring 2026 to expand its 3.1 Mt indicated and 5.3 Mt inferred resources.

Key Details

• Property Scope: 297 mineral claims covering 18,800 ha in the Georgia Lake Pegmatite Field, ~140 km NE of Thunder Bay, Ontario.
• Field Program Activities:
• 1,106 geological mapping stations.
• 145 surface grab samples collected outside current resource envelope.
• 28 muscovite samples for LIBS analysis.
• 306 soil samples (Jackpot West & Newkirk area).
• 199 soil samples (SW infill grid north of MNW area).
• Top Surface Grab Results (Li₂O %):
• 4.155 % – Boulder (Sample 487615)
• 3.918 % – Outcrop (Sample 487583)
• 3.596 % – Boulder (Sample 487737)
• Additional notable grades: 3.509 %, 3.488 %, 3.402 %, down to 0.004 %.
• Tantalum Anomalies: Eight samples >100 ppm Ta, highest 292 ppm Ta in a subcrop sample (487736).
• New Mineralized Zones Identified: Jackpot West, Cosgrave North (in‑situ lithium pegmatite on surface); Jackpot South, Newkirk (subcrop & boulders); Southwest Zone, Blay Lake (boulder occurrences).
• Future Drilling Plans: Permitting underway for diamond drilling and bedrock stripping in the five zones listed above, targeted for winter/spring 2026.
• QA/QC Protocol: Use of high/low lithium standards, blanks, duplicates; samples processed at AGAT Laboratories (Thunder Bay) via sodium peroxide fusion with ICP‑OES/MS and 4‑acid digest for soils.
• Qualified Person: Jason Arnold, P.Geo., independent QP per NI 43‑101.

Notable Quotes

“We have discovered lithium mineralization in new areas of the property that have previously been untested and we are currently prioritizing diamond drill targets based on a very productive summer prospecting season. Our team is very excited to commence drilling on these new targets and we are in an excellent position to build on our 3.1 Mt indicated and 5.3 Mt inferred (grading 0.85 % and 0.91 % Li₂O, respectively) Mineral Resource on the project.” – Simone Suen, President, Imagine Lithium Inc.