O Outro Lado da Porta

Lithium Ionic reports initial drill results from Itira incl. 1.19% Li2O over 9m and 1.64% Li2O over 6m; and infill drill results from Bandeira incl. 1.44% Li2O over 7m and 1.59% Li2O over 6m, Minas Gerais, Brazil

Retrieved on: 
Thursday, August 24, 2023
Lithium, Techno-economic assessment, Classification, WSP, FSE, PEA, Soil, Anomaly, O Outro Lado da Porta, Cirillo, Itinga, Environmental impact assessment, LTH, Rare-earth element, Golder

TORONTO, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports initial assay results from Itira, as well as infill drilling results from Bandeira.

Key Points: 
  • TORONTO, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports initial assay results from Itira, as well as infill drilling results from Bandeira.
  • These are two targets presently being drilled within the Company’s large portfolio of properties which cover 14,182 hectares in the emerging, prolific lithium-producing region in northern Minas Gerais State, Brazil.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, “Itira is a large property covering over 3,100 hectares and located just a few kilometres from our Outro Lado deposit.
  • Project engineering is underway by independent Brazilian consultant, GE21 Consultoria Mineral Ltda., with a PEA expected in the coming months.

Lithium Ionic reports initial drill results from the Salinas Project; intersects 1.38% Li2O over 16m and 1.60% Li2O over 12m, Minas Gerais, Brazil

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Tuesday, July 25, 2023
Lithium, FSE, Acquisition, NI, O Outro Lado da Porta, Bandeira, Growth, Landing slot, LTH, Rare-earth element

TORONTO, July 25, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports initial results from a planned 20,000-metre drill program at the Salinas Lithium Project (“Salinas”).

Key Points: 
  • TORONTO, July 25, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports initial results from a planned 20,000-metre drill program at the Salinas Lithium Project (“Salinas”).
  • Drilling commenced in May 2023, following the acquisition of Salinas in March (see press release dated March 13, 2023).
  • The Salinas mineralized pegmatite veins extend directly east of Latin Resources’ Colina lithium deposit, which is reported to contain 45.2Mt grading 1.34% Li2O.
  • (“Neolit”), completed a 4,000-metre, 24-hole, drill program which yielded excellent results, including highlights of 1.53% Li2O over 11.4m, 1.22% Li2O over 13.8m, 1.71% Li2O over 9.8m and 1.19% Li2O over 13.4m.

Lithium Ionic Announces Maiden Mineral Resource Estimate at its Itinga Project in Minas Gerais, Brazil; Drilling Program Expanded with 13 Rigs Operating; PEA Underway

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Tuesday, June 27, 2023
Lithium, Diamond, SNC-Lavalin, Environmental impact assessment, ID2, ROM, Classification, Marketing, Resource, WSP, Risk, QA/QC, MRE, SGS, JORC, QP, PEA, Acquisition, Pit, EIA, Anomaly, Mining, O Outro Lado da Porta, Project, Metallurgy, Mineral Resources Limited, DFS, DMS, Uranium mining, Rare-earth element, Telescopic sight, Measurement, Golder, Study

It is reasonably expected that most of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.

Key Points: 
  • It is reasonably expected that most of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration.
  • 3) The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing or other relevant issues.
  • Currently, six rigs are drilling at Bandeira, four are drilling at Salinas and three at Itira.
  • This estimate is the Maiden Mineral Resource Estimate produced by Lithium Ionic since the acquisition of the Project.