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Vinland Lithium Inc
Symbol VLD
Shares Issued 10,345,502
Close 2026-10-13 C$ 0.415
Market Cap C$ 4,293,383
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Vinland Lithium starts fall exploration at Killick

2026-10-15 17:43 ET - News Release

Mr. Stephen Stares reports

VINLAND LITHIUM COMMENCES FALL GROUND EXPLORATION PROGRAM FOR LITHIUM-CESIUM-TUNGSTEN TARGETS

Vinland Lithium Inc. has started a fall exploration program, aimed at expanding its lithium, cesium, tantalum, tungsten and gold targets for future follow-up including drill testing. As previously reported by the company's news release dated July 28, 2026, a review of the company's extensive sampling database has identified high-priority targets containing multiple highly anomalous areas of tungsten, lithium, cesium and tantalum. These anomalous areas occur along the Top Pond Ridge area, North, Northeast and Southwest of the Killick area, and an area near the Burgeo Highway where the Newfoundland government's mapping and sampling program identified tungsten up to 0.87 per cent W03. The company is intending to conduct an extensive sampling program using highly qualified personnel utilizing ultraviolet black lights to identify the tungsten mineral scheelite.

Vinland's Killick lithium project sits along the key structural corridor of the Appalachian-Caledonian Orogen, which hosts the Piedmont tin-tungsten-spodumene belt and the Ireland Leinster spodumene belt. To date, the Killick Lithium project is Newfoundland's only known lithium-spodumene and pollucite-cesium pegmatite discovery and covers approximately 48 kilometres of favourable host geology.

Fall exploration plans

  • Prospecting follow-up on the 2025 discovery of lithium-rich float up to 1.70 per cent Li2O (lithium oxide) at Kraken West and South;
  • Prospecting and mapping for the potential of tungsten within the large Killick land package;
  • Prospecting follow-up on 485 ppm Li in a previously unsampled area 1.2 km north of the Killick dike;
  • Prospecting and soil sampling for gold and tungsten potential along the Gunflap Hills fault zone;
  • Follow-up diamond drilling in 2027 on significant identified targets and known zones.

Vinland is also pleased to report that it has continued its partnership with the Critical Minerals Research Initiative between St. Francis Xavier University, Memorial University and the Newfoundland Geological Survey in researching the lithium pegmatites in southwestern Newfoundland where a total of $1.3-million over four years is being directed toward detailed research on the property.

Newfoundland and Labrador junior exploration assistance

Vinland would like to acknowledge financial support it received from the government of Newfoundland and Labrador's Junior Exploration Assistance Program related to completion of its 2023, 2024 and 2025 exploration programs, and any support it may receive for its 2026 exploration program.

About Killick lithium project

Vinland Lithium is a mineral exploration company listed on the TSX Venture Exchange under the symbol VLD. Vinland holds 100-per-cent interest in the Killick lithium project in southwestern Newfoundland and subject only to a 2-per-cent NSR (net smelter return) (1 per cent each to Benton Resources and Pirate Gold).

Vinland is focused on advancing the recently-discovered Killick lithium project which covers 30 kilometres of highly prospective geological terrane in proximity to the Baie d'Est fault. The project boasts multiple spodumene-pegmatites within the Kraken pegmatite field and high-grade cesium-tantalum-lithium hosted in the Hydra pegmatite. Further potential for discovery is excellent given the extensive number of untested geochemical and geophysical targets present.

All initial drilling phases at the Killick lithium project to date have returned impressive results from multiple pegmatites including: 8.4 metres of 0.95 per cent Li2O in GH-22-01 at the Kraken dike, 16.2 m of 0.43 per cent Li2O in GH-22-05 at the Kraken North dike, 20.82 m of 0.60 per cent Li2O including 5.5 m of 1.16 per cent Li2O in GH-22-15, and 8.37 m of 0.91 per cent Li2O in GH-22-08 at the East dike and 15.23 m of 1.04 per cent Li2O in GH-22-27 and 13.37 m of 1.22 per cent Li2O in GH-22-45 at the Killick dike. At the Hydra cesium dike, initial channel sample results to 8.75 per cent Cs2O, 0.41 per cent Li2O, 0.025 per cent Ta2O5 and 0.33 per cent Rb2O over 1.2 metres including 13.57 per cent Cs20 and 0.32 per cent Li20 over 0.4 m. Reported intervals range from 60 per cent to 95 per cent of true thickness.

QA/QC (quality assurance/quality control) protocols

Rock and core samples from 2022 to 2025 were submitted to SGS Canada Inc. in Grand Falls-Windsor, Nfld., for preparation and then sent to the SGS Canada Inc. analytical laboratory in Burnaby, B.C., for analysis. All samples were acquired by hand (rocks) or saw-cut (channels/drill core) and delivered, by Vinland personnel, in sealed bags, to the Grand Falls-Windsor prep lab of SGS, which is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are analyzed using SGS's GS_IMS91A50 method that delivers a 56-element package utilizing sodium peroxide fusion, ICP-AES, and ICP-MS analytical techniques. All reported assays are uncut. Soil samples were collected by Vinland personnel utilizing a standard Dutch-auger, collecting B Horizon soil, where possible. Where B was not present, the soil horizon or type was noted. Soil samples were sent to Eastern Analytical Ltd., in Springdale, Nfld., for Li, Ta, Sn and Nb analyses by four-acid digestion, analyzed by ICP-OES. Some historic rock samples were analyzed using Eastern's Au (fire assay) at 30 g plus ICP-34 method that delivers a 34-element package utilizing a 200-milligram subsample totally dissolved in four acids and analyzed by ICP-OES analytical technique. Eastern Analytical achieved ISO 17025 accreditation in February, 2014 (for more details on the scope of accreditation visit the CALA website). Till samples were collected by Vinland personnel utilizing conventional shovel dug holes and screened to negative 10 millimetres in the field. Samples were shipped to Overburden Drilling Management (ODM) in Nepean, Ont., for analysis using their standard lithium indicator mineral package. Grab samples are selective in nature and may not represent the average mineralization of a bedrock exposure.

QP (qualified person)

Barry Sparkes, PGeo, vice-president of exploration for Vinland Lithium, the qualified person under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

We seek Safe Harbor.

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