Grounded Lithium PFS Shows C$125M NPV, 11% IRR for Kindersley
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CALGARY – October 29, 2026 -- Grounded Lithium Corp. (TSXV: GRD) has filed a pre-feasibility study for the Kindersley Lithium Project (KLP) reporting an NPV8 of C$125 million and an after-tax IRR of 11% for a first phase covering only 13% of the project area.
Stantec study for Grounded Lithium and Denison is dated June 26, 2026
The NI 43-101 technical report, "Kindersley Lithium Project – Phase 1 Pre-Feasibility Study," was prepared by Stantec Consulting Ltd. for GLC and its project partner Denison Mines Corp. It follows a company news release dated October 13, 2026. The PFS rests on a considerably smaller land base than the 2023 PEA. The KLP resource base totals about 1.0 million metric tonnes of lithium carbonate equivalent, combining Mineral Reserves with Measured and Indicated Resources.