#Canada #Denison Mines #Calgary #Grounded Lithium #Kindersley Lithium Project

Grounded Lithium's Q3 2025 Financial Results and Project Update

Grounded Lithium Corp. (TSXV: GRD, OTCQB: GRDAF) has released its financial results for the third quarter of 2025, highlighting a significant reduction in both net loss and cash flow utilized in operating activities compared to the previous year. The numbers reflect ongoing operational refinements and strategic alignments, showcasing the company's commitment to its lithium brine exploration and development plans.

Financial Performance Overview

The recent release details financial figures for the three and nine months ended September 30, 2025, demonstrating marked improvements in fiscal management:

• - Net comprehensive loss stood at CAD 84,776 for Q3, dropping from CAD 183,389 in Q3 2024.
• - For the nine-month period, the loss reduced significantly from CAD 932,819 in 2024 to CAD 157,754 in 2025.
• - Operating cash flow also saw a decrease, with CAD 31,313 consumed in Q3 2025 versus CAD 119,701 last year.

This improved financial outlook is coupled with a liquidity surplus of CAD 34,673, helping to stabilize the company’s operational capabilities while advancing key projects.

Kindersley Lithium Project (KLP) Development

The report also provides updates on the Kindersley Lithium Project, in collaboration with Denison Mines Corp. The duo is currently conducting vital technical studies integral to completing the pre-feasibility study (PFS). Focus areas include refined engineering analyses aimed at optimizing lithium extraction processes from brines, ultimately leading to either lithium hydroxide or lithium carbonate production.

The brine extracted has been subjected to testing across various direct lithium extraction (DLE) laboratories, including the federal Canmet facility in Ottawa. The leading authority on the PFS, Stantec, will leverage recent lab outcomes to identify the most effective extraction technology.
Ongoing advancements in DLE technologies are being closely monitored by Grounded lithium officials, anticipating potential implementation in commercial production and field pilot projects.

Optimizing Recovery and Reducing Environmental Footprint

A recently conducted depletion study has paved the way for optimizing field configurations to maximize lithium recovery. Insights gained from three-dimensional reservoir modeling have enabled the design of a multi-well pad configuration, a strategic move to enhance reservoir productivity while minimizing the environmental impacts and development costs associated with pipeline infrastructure.

This innovative approach includes the strategic positioning of three to four production wells per surface lease, favoring angled drills to optimize exposure to the Duperow reservoir – recognized for its high porosity and deliverability. Each of the four planned wells will operate with dual parallel legs extending 700 meters, enhancing operational efficiencies and productivity.

Looking Ahead

Grounded Lithium anticipates completing the pre-feasibility study in the first half of 2026, establishing crucial benchmarks that will guide future development strategies. With about 1.0 million metric tonnes of measured and indicated lithium carbonate equivalent resources across its holdings in Southwest Saskatchewan, GLC is poised to play a significant role in the global energy transition. Their approach emphasizes both environmental responsibility and the versatility needed to adapt to the evolving energy landscape.

As they advance, the company's forward-looking statements underline potential challenges and adaptive strategies, reinforcing the importance of careful planning and response to market conditions. Investors can monitor GLC's ongoing efforts and financial disclosures through its website and various trading platforms, reflecting the commitment to transparency and growth in the lithium sector.

Grounded Lithium Corp’s endeavor exemplifies the changing dynamics in the mining industry, emphasizing sustainable practices and technological innovations that promise to influence the future of energy and resource development.