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New Lithium Deposits Discovered in Ontario's Jackpot Property

11/15/2025

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Summary

Story summary

Six new lithium-bearing areas have been identified at the Jackpot property in northern Ontario, Canada.
The Jackpot site lies 87 miles northeast of Thunder Bay, with favorable geology and transportation links.
The initial resource is estimated at 3.4 million short tons at 0.85% Li2O.
Spodumene can be upgraded to a 6% Li2O concentrate.
The Jackpot land package spans 72.6 square miles, allowing potential expansion.

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Story summary

Six new lithium-bearing areas have been identified at the Jackpot property in northern Ontario, Canada.
The Jackpot site lies 87 miles northeast of Thunder Bay, with favorable geology and transportation links.
The initial resource is estimated at 3.4 million short tons at 0.85% Li2O.
Spodumene can be upgraded to a 6% Li2O concentrate.
The Jackpot land package spans 72.6 square miles, allowing potential expansion.