VAL-D'OR, QC, Jan. 8, 2024 /CNW/ -
Vision Lithium Inc. is very pleased to report on progress made in 2023 and discuss upcoming initiatives for 2024. Sirmac Project PEA announced in February 2023 In 2023, the Company released the results of a preliminary economic assessment , announced February 21, 2023, which demonstrated the potential for Vision Lithium to develop the Sirmac deposit as a Direct Shipping Operation with potentially very high returns. PEA highlights : Pre-tax net present value of C$183.6M, internal rate of return of 839% and payback less than 1 year After-tax NPV of C$104.8M, IRR of 484% and payback less than 1 year Assumed DSO selling price of US$591 per tonne / C$797/t based on US$4,100/t concentrate pricing. 4 years of mine life with 321,000t of DSO at 1.33%...