Discovering Newfoundland’s Emerging Lithium District
Vinland Lithium (TSXV: VLD) is unlocking the potential of Canada’s newest spodumene and cesium discoveries, strategically positioned for the future of critical minerals.
Explore MoreFocused. Funded. Positioned for Discovery.
Vinland Lithium is a mineral exploration company developing a district-scale lithium project in a geopolitically secure jurisdiction with technical backing and early discovery success.
Backed by Industry Leaders
Strategic investment from Piedmont Lithium, a leading North American developer (NASDAQ: PLL).
Strong Insider Alignment
Over 60% of shares are insider-held and subject to a 36-month escrow.
Drill Indicated Mineralization
Drill intercepts include 13.37m @ 1.22% Li₂O and 8.75% Cs₂O across multiple pegmatites.
District Scale
60+ km of prospective strike with large-scale lithium-cesium-tantalum anomalies.
Tier-1 Infrastructure
Year-round highway access and nearby deepwater port support efficient transport to the U.S. and Europe.
Publicly Traded
Listed on the TSX Venture Exchange under ticker VLD.
Regional Geology
Structurally aligned with global lithium belts such as Piedmont’s Carolina Lithium Project along the Appalachian-Caledonian trend.
Hosts multiple lithium-cesium-tantalum pegmatites.
Significant soil and till anomalies defined through modern geophysics.
Hosts multiple lithium-cesium-tantalum pegmatites.
Significant soil and till anomalies defined through modern geophysics.
Discovery Timeline
2021: Initial discovery by Benton and Sokoman
2022–2024: Four phases of drilling across Killick, Kraken, East Dyke & Hydra
2024: Magnetics, VLF-EM, till sampling, and new spodumene float discoveries at Kraken South
2022–2024: Four phases of drilling across Killick, Kraken, East Dyke & Hydra
2024: Magnetics, VLF-EM, till sampling, and new spodumene float discoveries at Kraken South
Key Drill Highlights
15.23m @ 1.04% Li₂O (Killick Dyke)
20.82m @ 0.60% Li₂O incl. 5.5m @ 1.16% (East Dyke)
13.55m @ 0.15% Cs₂O (Hydra)
13.37m @ 1.22% Li₂O (GH-23-45)
20.82m @ 0.60% Li₂O incl. 5.5m @ 1.16% (East Dyke)
13.55m @ 0.15% Cs₂O (Hydra)
13.37m @ 1.22% Li₂O (GH-23-45)
Kraken Pegmatite Field
Contains a cluster of lithium-bearing LCT pegmatite dykes, including Kraken, Killick, East, and North zones.
Multiple drill programs from 2021–2024 have returned significant lithium intercepts, including:
15.23m @ 1.04% Li₂O (GH-22-27 – Killick Dyke)
20.82m @ 0.60% Li₂O, including 5.5m @ 1.16% (GH-22-15 – East Dyke)
8.4m @ 0.95% Li₂O (GH-22-01 – Kraken Dyke)
Numerous dykes remain open in all directions, with several zones yet to be drill-tested.
Soil and till geochemistry have outlined extensive lithium and tantalum anomalies across the field.
Technical similarities in mineralogy to Piedmont’s Carolina Lithium Project reinforce its strategic potential.
Multiple drill programs from 2021–2024 have returned significant lithium intercepts, including:
15.23m @ 1.04% Li₂O (GH-22-27 – Killick Dyke)
20.82m @ 0.60% Li₂O, including 5.5m @ 1.16% (GH-22-15 – East Dyke)
8.4m @ 0.95% Li₂O (GH-22-01 – Kraken Dyke)
Numerous dykes remain open in all directions, with several zones yet to be drill-tested.
Soil and till geochemistry have outlined extensive lithium and tantalum anomalies across the field.
Technical similarities in mineralogy to Piedmont’s Carolina Lithium Project reinforce its strategic potential.
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Hydra Cesium Discovery
Located 12 km northeast of the Kraken Field, the first cesium-bearing pegmatite discovered in Newfoundland.
Channel sampling returned 8.75% Cs₂O, 0.41% Li₂O, 0.025% Ta₂O₅, and 0.33% Rb₂O over 1.2 meters, including 13.57% Cs₂O over 0.4 meters.
Drilling has confirmed cesium mineralization at depth (up to 13.55m of 0.15% Cs₂O).
Cesium is hosted in pollucite, a high-value mineral used in specialty electronics and critical defense applications.
Trenching and mapping confirm a strike length of over 200m, with the dyke extending under till cover.
Channel sampling returned 8.75% Cs₂O, 0.41% Li₂O, 0.025% Ta₂O₅, and 0.33% Rb₂O over 1.2 meters, including 13.57% Cs₂O over 0.4 meters.
Drilling has confirmed cesium mineralization at depth (up to 13.55m of 0.15% Cs₂O).
Cesium is hosted in pollucite, a high-value mineral used in specialty electronics and critical defense applications.
Trenching and mapping confirm a strike length of over 200m, with the dyke extending under till cover.
Kraken South Potential
A new high-grade spodumene-bearing float discovery made during 2024 fieldwork.
12 float samples assayed >1% Li₂O, with a peak grade of 1.97% Li₂O.
Initial till samples returned anomalous spodumene grain counts, indicating potential bedrock sources.
Interpreted to be a southern extension of the Kraken system or a new parallel dyke trend.
Geochemical anomalies at Grandy’s West and Top Pond Ridge show elevated Li and Ta in soil and bedrock expanding the exploration footprint.
12 float samples assayed >1% Li₂O, with a peak grade of 1.97% Li₂O.
Initial till samples returned anomalous spodumene grain counts, indicating potential bedrock sources.
Interpreted to be a southern extension of the Kraken system or a new parallel dyke trend.
Geochemical anomalies at Grandy’s West and Top Pond Ridge show elevated Li and Ta in soil and bedrock expanding the exploration footprint.
Led by Proven Discoverers With Deep Regional Expertise
Managed by a team of experienced geologists and industry executives with decades of mineral exploration success, particularly in Atlantic Canada’s complex geology.
Stephen Stares
President, CEO and Director
Stephen Stares is a successful business entrepreneur with more than 36 years of experience in mineral exploration. Stephen’s career spans from 1988 were he spent 7 years with Noranda Exploration on such projects as the Hemlo gold mines, Eagle River gold deposit and the Geco and Mattabi base metal camps. The next ten years of Stephen’s career were spent managing the operations of Stares Contracting Corp., a successful mineral exploration services company in Thunder Bay, Ontario.
In 2004, Stephen and his brother Michael started Benton Resources where he remains as President and CEO. Since that time, he has been directly involved in the start-up many publicly traded companies on the TSX Venture Exchange with the most recent being Clean Air Metals where he secured two high quality copper-nickel-platinum-palladium deposits and assembled a team of professionals to take the company public. Throughout his career, Mr. Stares has discovered several major mineral occurrences in Canada that have been the subject of extensive exploration programs.
In March of 2007, Stephen, Michael and Sandy Stares, along with the rest of the Stares, Keats, Crocker and Barrett families, were the proud recipients of the Prospectors and Developers Association (PDAC) Bill Dennis Prospector of the Year Award. This award was given to recognize the families’ contributions to the industry for the past 40 years.
In 2004, Stephen and his brother Michael started Benton Resources where he remains as President and CEO. Since that time, he has been directly involved in the start-up many publicly traded companies on the TSX Venture Exchange with the most recent being Clean Air Metals where he secured two high quality copper-nickel-platinum-palladium deposits and assembled a team of professionals to take the company public. Throughout his career, Mr. Stares has discovered several major mineral occurrences in Canada that have been the subject of extensive exploration programs.
In March of 2007, Stephen, Michael and Sandy Stares, along with the rest of the Stares, Keats, Crocker and Barrett families, were the proud recipients of the Prospectors and Developers Association (PDAC) Bill Dennis Prospector of the Year Award. This award was given to recognize the families’ contributions to the industry for the past 40 years.
Evan Asselstine
CFO
Evan Asselstine is a Chartered Professional Accountant with over two decades of experience in finance and accounting, with a strong focus on the resource sector.
He earned his Honours Bachelor of Commerce Degree from Lakehead University and received his Chartered Accountant designation with Ernst & Young LLP in 2002.
Evan has been the Chief Financial Officer of Benton Resources Inc. (TSXV: BEX) since the company was founded in 2012. Before that, he held senior financial roles with several public companies, including controller and later CFO of Alset Energy Corp. (formerly Benton Capital Corp.), and controller of Metals Creek Resources Corp. (TSXV: MEK) since its inception in 2008.
Earlier in his career, Evan spent over seven years in public accounting, followed by more than four years in finance roles within the private sector. This included over two years as controller of a private land development firm.
His background combines a strong technical foundation in accounting with deep industry experience supporting growth-stage exploration companies.
He earned his Honours Bachelor of Commerce Degree from Lakehead University and received his Chartered Accountant designation with Ernst & Young LLP in 2002.
Evan has been the Chief Financial Officer of Benton Resources Inc. (TSXV: BEX) since the company was founded in 2012. Before that, he held senior financial roles with several public companies, including controller and later CFO of Alset Energy Corp. (formerly Benton Capital Corp.), and controller of Metals Creek Resources Corp. (TSXV: MEK) since its inception in 2008.
Earlier in his career, Evan spent over seven years in public accounting, followed by more than four years in finance roles within the private sector. This included over two years as controller of a private land development firm.
His background combines a strong technical foundation in accounting with deep industry experience supporting growth-stage exploration companies.
Barry Sparkes
VP, Exploration
Barry Sparkes, P.Geo, is a professional geologist with over 25 years of experience in the mineral exploration and mining industry.
He holds a B.Sc. (Hons.) in Geology from Memorial University of Newfoundland and a diploma in Mineral Technology from the College of the North Atlantic, earned in 1996. He is registered with the Professional Engineers and Geoscientists of Newfoundland and Labrador (PEGNL).
Barry has worked across a broad range of commodities including gold, base metals, uranium, PGEs, and industrial minerals such as dimension stone, antimony, fluorite, and LCT pegmatites. He was part of the team that discovered and developed the AGS Fluorspar Deposit in St. Lawrence, NL. His career spans both technical and leadership roles, giving him a well-rounded background in exploration, project management, mineral resource estimation, and mine development.
In addition to his field expertise, Barry has developed a strong understanding of regulatory frameworks and permitting processes, having worked extensively on mine development files in Newfoundland.
His combined technical experience, project management skills and regulatory permitting makes him a valuable asset in advancing exploration projects.
He holds a B.Sc. (Hons.) in Geology from Memorial University of Newfoundland and a diploma in Mineral Technology from the College of the North Atlantic, earned in 1996. He is registered with the Professional Engineers and Geoscientists of Newfoundland and Labrador (PEGNL).
Barry has worked across a broad range of commodities including gold, base metals, uranium, PGEs, and industrial minerals such as dimension stone, antimony, fluorite, and LCT pegmatites. He was part of the team that discovered and developed the AGS Fluorspar Deposit in St. Lawrence, NL. His career spans both technical and leadership roles, giving him a well-rounded background in exploration, project management, mineral resource estimation, and mine development.
In addition to his field expertise, Barry has developed a strong understanding of regulatory frameworks and permitting processes, having worked extensively on mine development files in Newfoundland.
His combined technical experience, project management skills and regulatory permitting makes him a valuable asset in advancing exploration projects.
Abraham Drost
Chairman and Director
Abraham Drost, M.Sc., P.Geo., is a professional geoscientist in Ontario.
Mr. Drost is a former President and Director of Sabina Gold and Silver, former President and Director of Sandspring Resources, former CEO and Director of Mega Precious Metals prior to its sale to Yamana in 2015.
Mr. Drost is a former Chairman of Premier Gold Mines and former CEO and founding Director of Premier Royalty Inc., prior to its sale to Sandstorm Gold in 2013.
In addition, Mr. Drost served as CEO and Director of Carlisle Goldfields prior to the sale of the Company along with its Lynn Lake, Manitoba gold assets, to Alamos Gold in 2016.
Most recently, Mr. Drost was the CEO and founding Director of Clean Air Metals Inc. (AIR: TSXV).
Mr. Drost is a former President and Director of Sabina Gold and Silver, former President and Director of Sandspring Resources, former CEO and Director of Mega Precious Metals prior to its sale to Yamana in 2015.
Mr. Drost is a former Chairman of Premier Gold Mines and former CEO and founding Director of Premier Royalty Inc., prior to its sale to Sandstorm Gold in 2013.
In addition, Mr. Drost served as CEO and Director of Carlisle Goldfields prior to the sale of the Company along with its Lynn Lake, Manitoba gold assets, to Alamos Gold in 2016.
Most recently, Mr. Drost was the CEO and founding Director of Clean Air Metals Inc. (AIR: TSXV).
Tim Froude
Director
Tim Froude is a seasoned geologist with more than 30 years of experience in the mineral exploration industry.
A graduate of Memorial University of Newfoundland, Tim has built a career working with both major and junior exploration companies across a range of commodities and regions.
He spent nearly a decade with Inco Ltd., where he was involved in exploration projects throughout North America and overseas. During that time, he was part of the team that discovered the Bobby’s Pond massive sulphide deposit in Central Newfoundland. Tim is also credited as the original discoverer of the Valentine Lake gold deposit, now being advanced by Marathon Gold.
Throughout his career, Tim has held senior roles with several successful junior exploration companies, including Altius Minerals, Cornerstone Resources, Crosshair Exploration & Mining, and Golden Dory Resources, where he served as Vice President of Exploration. He also spent a year as Executive Director of the Newfoundland and Labrador Chamber of Mineral Resources (now Mining NL).
Tim currently serves as President and CEO of Sokoman Minerals Corp.
A graduate of Memorial University of Newfoundland, Tim has built a career working with both major and junior exploration companies across a range of commodities and regions.
He spent nearly a decade with Inco Ltd., where he was involved in exploration projects throughout North America and overseas. During that time, he was part of the team that discovered the Bobby’s Pond massive sulphide deposit in Central Newfoundland. Tim is also credited as the original discoverer of the Valentine Lake gold deposit, now being advanced by Marathon Gold.
Throughout his career, Tim has held senior roles with several successful junior exploration companies, including Altius Minerals, Cornerstone Resources, Crosshair Exploration & Mining, and Golden Dory Resources, where he served as Vice President of Exploration. He also spent a year as Executive Director of the Newfoundland and Labrador Chamber of Mineral Resources (now Mining NL).
Tim currently serves as President and CEO of Sokoman Minerals Corp.
Julie Selway
Director
Julie Selway, Ph.D., P.Geo. is known as a lithium pegmatite expert with over 30 years of experience. She has co-authored twenty-three scientific journal articles on pegmatites including a popular paper on pegmatite exploration techniques in 2005 and two papers on the Tanco Li-Cs-Ta pegmatite mine, Manitoba.
Dr. Selway worked for the Ontario Geological Survey for about 3 years during the tantalum boom in the early 2000’s. During this time, she travelled all over Ontario and visited/worked on about 90% of the lithium pegmatites in the province. Some of the more notable localities that she worked on include Case Lake, Georgia Lake, Seymour Lake, Crescent Lake and Separation Rapids pegmatite fields.
Dr. Selway was the VP of Exploration for Power Metals Corp (2017-2022), and she supervised exploration on three LCT pegmatite properties: Case Lake, Paterson Lake and Gullwing-Tot Lake, Ontario, Canada. Her exploration team discovered West Joe Li-Cs-Ta pegmatite dyke at Case Lake and Jesse’s Li pegmatite at Paterson Lake in 2018.
In 2023, Dr. Selway supervised the prospecting program on Georgina Properties in the Georgia Lake area, Ontario which resulted in the discovery of Riches spodumene pegmatite. She is the Principal Geologist for J J Minerals Inc, a geological consulting firm.
Dr. Selway worked for the Ontario Geological Survey for about 3 years during the tantalum boom in the early 2000’s. During this time, she travelled all over Ontario and visited/worked on about 90% of the lithium pegmatites in the province. Some of the more notable localities that she worked on include Case Lake, Georgia Lake, Seymour Lake, Crescent Lake and Separation Rapids pegmatite fields.
Dr. Selway was the VP of Exploration for Power Metals Corp (2017-2022), and she supervised exploration on three LCT pegmatite properties: Case Lake, Paterson Lake and Gullwing-Tot Lake, Ontario, Canada. Her exploration team discovered West Joe Li-Cs-Ta pegmatite dyke at Case Lake and Jesse’s Li pegmatite at Paterson Lake in 2018.
In 2023, Dr. Selway supervised the prospecting program on Georgina Properties in the Georgia Lake area, Ontario which resulted in the discovery of Riches spodumene pegmatite. She is the Principal Geologist for J J Minerals Inc, a geological consulting firm.
Bruce Czachor
Director
Bruce Czachor is a senior legal executive with over 35 years of experience advising companies across the corporate, finance, and energy sectors.
He currently serves as Executive Vice President, Chief Legal Officer, and Corporate Secretary of Piedmont Lithium.
His background includes extensive work in corporate governance, capital markets, M&A, joint ventures, and complex commercial agreements.
Earlier in his career, Bruce was a partner at top global law firms Shearman & Sterling LLP and Orrick, Herrington & Sutcliffe LLP. He has advised a wide range of clients, from Fortune 500 companies to early-stage startups, across the mining, energy, and cleantech industries.
Bruce holds a Juris Doctor from New York Law School with a focus on corporate and securities law, and a Bachelor of Arts in Political Science from Binghamton University. He is licensed to practice law in New York, New Jersey, and California.
He currently serves as Executive Vice President, Chief Legal Officer, and Corporate Secretary of Piedmont Lithium.
His background includes extensive work in corporate governance, capital markets, M&A, joint ventures, and complex commercial agreements.
Earlier in his career, Bruce was a partner at top global law firms Shearman & Sterling LLP and Orrick, Herrington & Sutcliffe LLP. He has advised a wide range of clients, from Fortune 500 companies to early-stage startups, across the mining, energy, and cleantech industries.
Bruce holds a Juris Doctor from New York Law School with a focus on corporate and securities law, and a Bachelor of Arts in Political Science from Binghamton University. He is licensed to practice law in New York, New Jersey, and California.
Kevin Ramsay
Director
Kevin Ramsay, CPA, CA, CMA is a Chartered Professional Accountant and a graduate of the University of Toronto’s Bachelor of Commerce degree.
Until his recent retirement from the field he was a partner in a small boutique CPA firm which was a member of the Canadian Public Accountability Board (CPAB) and was the partner on charge of the audit of a number of Public Companies, mainly in the Resource sector. In addition, Mr. Ramsay, also provided other assurance services, including, audits, reviews and tax preparation and advice to the firm’s non-public company base.
Earlier in his career, Mr. Ramsay, worked for Maclean Hunter (now Rogers Communications) as CFO of their Radio Broadcast division and was responsible for a large accounting staff as well as liaising with corporate management as well as the auditors.
For a number of years up to his retirement, Mr. Ramsay, sat on CPA Ontario’s Practice inspection Committee overseeing and approving the Inspections of other accounting firms in Ontario.
Through his experience. Mr. Ramsay, has strong technical knowledge of accounting in the Public Company sector
Until his recent retirement from the field he was a partner in a small boutique CPA firm which was a member of the Canadian Public Accountability Board (CPAB) and was the partner on charge of the audit of a number of Public Companies, mainly in the Resource sector. In addition, Mr. Ramsay, also provided other assurance services, including, audits, reviews and tax preparation and advice to the firm’s non-public company base.
Earlier in his career, Mr. Ramsay, worked for Maclean Hunter (now Rogers Communications) as CFO of their Radio Broadcast division and was responsible for a large accounting staff as well as liaising with corporate management as well as the auditors.
For a number of years up to his retirement, Mr. Ramsay, sat on CPA Ontario’s Practice inspection Committee overseeing and approving the Inspections of other accounting firms in Ontario.
Through his experience. Mr. Ramsay, has strong technical knowledge of accounting in the Public Company sector
Key Investor Highlights
Vinland Lithium is a publicly listed, well-capitalized lithium explorer aligned with global decarbonization trends.
Ticker: TSXV: VLD
Trading commenced May 2025 with 10M shares outstanding
Well-Funded Exploration
Backed by a CAD$2M investment from Piedmont Lithium.
Tight Capital Structure
~60% insider-held; under escrow for 3 years.
Geopolitical Security
Located in mining-friendly, infrastructure-ready Newfoundland, Canada.
Global EV Tailwinds
Lithium demand expected to grow 14x by 2040 with EVs dominating new sales.
Source: “Global Critical Minerals Outlook 2024”, International Energy Agency (IEA), May 2024. Data shown for Net Zero Emissions Scenario.
Source: “Global Critical Minerals Outlook 2024”, International Energy Agency (IEA), May 2024. Data shown for Net Zero Emissions Scenario.
Optionality via JV Terms
Piedmont can earn 62.5% of Killick Lithium Inc. by funding CAD$12M in exploration over 54 months.
Corporate Governance
The Board and Management of Vinland Lithium Inc. are committed to the highest standards of sustainability and corporate governance in all corporate activities, as articulated in the following linked documents.
Latest Updates from Vinland Lithium Inc.
Track our progress as we expand discoveries and build shareholder value.
Get in Touch With Vinland Lithium
For investor inquiries, media requests, or technical questions, please contact us directly.
We welcome all interest in our work advancing critical mineral exploration in Canada.
We welcome all interest in our work advancing critical mineral exploration in Canada.