Bandeira

Lithium Ionic Expands Newly Discovered Zone at Salinas; Drills 1.53% Li2O over 15m, incl. 2.31% Li2O over 8m; 1.15% Li2O over 19m, incl. 1.67% Li2O over 10m, and 1.32% Li2O over 14m

Retrieved on: 
Tuesday, April 23, 2024
Lithium, MRE, PEA, Nature, See, Resource, LTH, QP, Bandeira, Landing slot, Growth

Nine of the 15 holes reported were drilled at the Noé target, a well-mineralized pegmatite discovered approximately 1.5 kilometres North of the Salinas mineral resource zones earlier this year.

Key Points: 
  • Nine of the 15 holes reported were drilled at the Noé target, a well-mineralized pegmatite discovered approximately 1.5 kilometres North of the Salinas mineral resource zones earlier this year.
  • New high-grade drill intercept highlights of:
    1.53% Li2O over 15m, incl.
  • 2.31% Li2O over 8m near surface, from 30m (hole BGDD-24-133)
    1.15% Li2O over 19m, incl.
  • 1.67% Li2O over 10m near surface, from 38m (hole BGDD-24-131)
    1.32% Li2O over 14m, incl.

Lithium Ionic Announces Maiden Mineral Resource Estimate and Initiation of PEA at its Salinas Project, Minas Gerais, Brazil; Increases Regional Mineral Resources by 45%

Retrieved on: 
Thursday, April 4, 2024
Lithium, Diamond, QA/QC, Environmental impact assessment, SNC-Lavalin, Environment, CAPEX, Classification, Mineral Resources Limited, Project, MRE, Feasibility study, QP, Risk, PEA, Mining, EIA, Pit, Marketing, Sustainable development, Bandeira, Uranium mining

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) --  Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”), is pleased to announce an initial NI 43-101 compliant Mineral Resource Estimate (“MRE”) for its Salinas Lithium Project (“Salinas” or the “Project”), increasing its global mineral resources by 45%. The Salinas property covers 662 hectares or ~4.5% of Lithium Ionic’s large 14,182-hectare land package within the “Lithium Valley” in Minas Gerais State, Brazil, and represents the third NI 43-101 compliant lithium MRE the Company has established to date. The “Lithium Valley” is a unique geological belt that hosts a significant concentration of lithium-bearing pegmatites, which are among the largest and highest grade in the world. The Company’s properties are located in a district that is quickly emerging as an important global lithium producer.

Key Points: 
  • Independent Brazilian consultancy, GE21 Consultoria Mineral Ltda , based in Belo Horizonte, Minas Gerais, has been engaged to carry out a PEA based on the Salinas MRE.
  • Data from a total of 122 drill holes comprising 3,276 assays were included in the mineral resources model.
  • The 3D modelling of lithium Mineral Resources was conducted using a minimum cut-off grade of 0.3% Li2O within a preliminary lithological model.
  • The MRE was classified as Measured, Indicated and Inferred Mineral Resource based on data quality, sample spacing, and pegmatite continuity.

Lithium Ionic drills 1.59% Li2O over 15m and 1.58% Li2O over 9m at Salinas Project, Minas Gerais, Brazil; NI 43-101 Mineral Resource Estimate Underway

Retrieved on: 
Tuesday, January 9, 2024
Lithium, Bandeira, Feasibility, Itinga, LTH, Map, Landing slot

With properties covering 14,182 hectares, the Company is the second largest landholder in Brazil’s “Lithium Valley”, in northern Minas Gerais State, Brazil, where two lithium producers currently operate.

Key Points: 
  • With properties covering 14,182 hectares, the Company is the second largest landholder in Brazil’s “Lithium Valley”, in northern Minas Gerais State, Brazil, where two lithium producers currently operate.
  • Approximately 25,000 metres (105 holes) have been completed at Salinas since the Company began drilling in May 2023.
  • Lithium Ionic acquired the Salinas group of properties in early 2023 from Neolit Minerals Participações Ltda.
  • On December 7, 2023 , the Company reported the widest and highest-grade lithium intercept to date at this target, including 1.13% Li2O over 27.6m, including 1.34% Li2O over 9m.

Lithium Ionic drills best intercept to date at Salinas; 1.13% Li2O over 28m and 1.60% Li2O over 12m, incl. 2.00% Li2O over 8m, Minas Gerais, Brazil

Retrieved on: 
Thursday, December 7, 2023
Lithium, Itinga, Landing slot, LTH, Feasibility, Bandeira

The Company’s landholdings of 14,182 hectares are situated within the lithium-rich Araçuaí Pegmatite District, also known as the “Lithium Valley”, in northern Minas Gerais State, Brazil, where two lithium producers currently operate.

Key Points: 
  • The Company’s landholdings of 14,182 hectares are situated within the lithium-rich Araçuaí Pegmatite District, also known as the “Lithium Valley”, in northern Minas Gerais State, Brazil, where two lithium producers currently operate.
  • The Company is actively working towards establishing an initial NI 43-101 resource estimate at Salinas in 2024.
  • With four drill rigs currently operating, the team is focused on continuing to test and delineate multiple outcropping spodumene-rich pegmatite bodies.
  • Approximately 24,000 metres (99 holes) have been completed at Salinas since drilling began in May 2023.

Lithium Ionic Appoints Chief Operating Officer to Advance the Development of the Bandeira Lithium Project, Minas Gerais, Brazil

Retrieved on: 
Monday, December 4, 2023
Lithium, Anglo American, Engineering, TSX Venture Exchange, Business, Mining, AMG, Mining engineering, Personality, LTH, Business administration, UFMG, FDC, CBPM, Head, Bandeira, Tantalum, EV

TORONTO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) is pleased to announce the appointment of mining veteran, Mr. Paulo Guimarães Misk, as Chief Operating Officer to lead the development of the Bandeira Lithium Project (“Bandeira” or the “Project”), in Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) is pleased to announce the appointment of mining veteran, Mr. Paulo Guimarães Misk, as Chief Operating Officer to lead the development of the Bandeira Lithium Project (“Bandeira” or the “Project”), in Minas Gerais State, Brazil.
  • As an industry leader, Mr. Misk will strengthen the Company’s executive team and its technical and operational capabilities as it quickly accelerates the Bandeira project.
  • During his tenure, he implemented innovative policies and fostered a high-performance culture that greatly improved the profitability of the operation.
  • Here he was responsible for the Tantalum and Niobium division and overall mining activities in Brazil, including the development of its Mibra lithium mine located in Minas Gerais State.

Lithium Ionic Files Technical Report for Preliminary Economic Assessment and Updated Mineral Resource Estimate for the Bandeira Lithium Project, Minas Gerais, Brazil

Retrieved on: 
Friday, December 1, 2023
Lithium, National instrument, LCE, MRE, Feasibility study, Inference, LTH, Technical report, Measurement, PEA, LOM, Bandeira

TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports that it has filed the independent technical report (the “Technical Report”) related to the Preliminary Economic Assessment ("PEA") and Mineral Resource Estimate announced on October 19, 2023 , for its 100%-owned Bandeira lithium Project (“Bandeira”), located in Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports that it has filed the independent technical report (the “Technical Report”) related to the Preliminary Economic Assessment ("PEA") and Mineral Resource Estimate announced on October 19, 2023 , for its 100%-owned Bandeira lithium Project (“Bandeira”), located in Minas Gerais State, Brazil.
  • The Technical Report, titled “Preliminary Economic Assessment for the Bandeira Lithium Project, Minas Gerais State, Brazil” was prepared by GE21 Consultoria Mineral Ltda.
  • (“GE21”) in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and has an effective date of August 30, 2023.
  • The LAC approval would result in the environmental and social license, together with an authorization to begin construction of the Bandeira lithium Project.

Lithium Ionic drills 2.45% Li2O over 9.1m and 1.61% Li2O over 11.9m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Wednesday, November 15, 2023
Lithium, FSE, MRE, CBL, Bandeira, PCA, Feasibility study, Techno-economic assessment, LTH, LP, LO, Cirillo, Internal rate of return, Cachoeira, RCA, Rare-earth element

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from the ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from the ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, “These latest drill results continue to bolster our efforts to expand and enhance the Bandeira project for our upcoming Feasibility Study.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic drills 1.64% Li2O over 13.5m, 2.18% Li2O over 5.8m and 1.95% Li2O over 5.7m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Monday, November 6, 2023
Lithium, LP, LAC, Internal rate of return, Feasibility study, LTH, PCA, LO, MRE, Heating, ventilation, and air conditioning, Bandeira, CBL, Cirillo, Techno-economic assessment, Companhia Brasileira de Metalurgia e Mineração, FSE, LI, RCA, Cachoeira, Rare-earth element

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • In October 2023, an updated MRE at Bandeira showcased a near-doubling of the MRE, which formed the basis of a Preliminary Economic Assessment (“PEA”).
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic drills 2.11% Li2O over 9.9m, 1.73% Li2O over 10.4m and 1.68% Li2O over 10.0m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Thursday, November 2, 2023
Lithium, LP, LAC, Internal rate of return, Feasibility study, LTH, PCA, LO, MRE, Heating, ventilation, and air conditioning, Bandeira, CBL, Growth, Cirillo, Companhia Brasileira de Metalurgia e Mineração, FSE, LI, RCA, Measurement, Cachoeira, Rare-earth element

TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports drill results from the Bandeira Project (“Bandeira”), in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports drill results from the Bandeira Project (“Bandeira”), in northern Minas Gerais State, Brazil.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, "Today's drill results underscore the continued growth potential of Bandeira – a property which represents only approximately 1% of our total land package in this prolific lithium belt.
  • The new mineral resource estimate we reported earlier this month for Bandeira reflects a snapshot in time, based on data up to August 2023.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic Announces PEA and Expanded Mineral Resource Estimate for Bandeira; Post-tax NPV8% US$1.6 Billion & IRR of 121%

Retrieved on: 
Thursday, October 19, 2023
Lithium, Environmental impact assessment, Mining, LTH, MRE, Bandeira, Project, CBL, LOM, Growth, SNC-Lavalin, FSE, Mineral resource estimation, PEA

As a Company, we are focused on being the next significant Brazilian lithium producer and this is reflected in the approach we have taken.

Key Points: 
  • As a Company, we are focused on being the next significant Brazilian lithium producer and this is reflected in the approach we have taken.
  • The Bandeira deposit has demonstrated its technical simplicity and remarkable economic viability, placing it among the lowest-cost spodumene concentrate producers globally.
  • Furthermore, this PEA showcases an impressive 20-year mine life from just one of our deposits.
  • We will continue to expand the resources and develop our other targets, which will represent future expansions to support what we believe will be a multi-generational production center.”