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Grounded Lithium updates on oil production and progress on Kindersley Lithium Project pre-feasibility study.

Market News
11 Jun 2026
Grounded Lithium Corp
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Neutral
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Grounded Lithium Corp. reported stable oil production at 114 barrels per day in May 2026 and plans to optimize wells to increase output beyond 150 bpd. The company is advancing its partnership with Denison Mines on the Kindersley Lithium Project (KLP), now in the pre-feasibility study review stage, which could lead to commercial development. Grounded Lithium holds significant lithium resources in Saskatchewan and aims to become a leading Canadian lithium producer supporting the energy transition. Future plans include additional drilling and facility improvements to enhance production and project viability.

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