• Ion Energy Ltd. (TSX-V: ION) (“ION”, or “Company”) has moved to the drilling stage, having completed maiden drilling at its flagship project. In addition, the company has acquired a new property in close proximity to Baavhai Uul, expanding its total portfolio to over 100,000 hectares.
• Maiden Drilling at Baavhai Uul: ION has completed a 23-drill hole program covering 823 meters at its flagship project, with a potential near-term catalyst being assay results from the drilling due for announcement in coming months. We believe this first drilling program could be the first of many exploration catalysts centered around determining the project's lithium mineralization potential.
• Newly Acquired Urgakh Naran Property: ION has acquired the license for a property located northwest of Baavhai Uul and measuring in excess of 19,000 hectares. ION is set to commence a shallow drilling program at the new project, which has a large salar area.
26 Oct 2021
Ion Energy Ltd. (TSXV: ION, OTCQB: IONGF, FRA: 5YB) – Maiden Drilling Programs Conducted at Flagship Project and Newly Acquired Property
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Ion Energy Ltd. (TSXV: ION, OTCQB: IONGF, FRA: 5YB) – Maiden Drilling Programs Conducted at Flagship Project and Newly Acquired Property
• Ion Energy Ltd. (TSX-V: ION) (“ION”, or “Company”) has moved to the drilling stage, having completed maiden drilling at its flagship project. In addition, the company has acquired a new property in close proximity to Baavhai Uul, expanding its total portfolio to over 100,000 hectares.
• Maiden Drilling at Baavhai Uul: ION has completed a 23-drill hole program covering 823 meters at its flagship project, with a potential near-term catalyst being assay results from the drilling due for announcement in coming months. We believe this first drilling program could be the first of many exploration catalysts centered around determining the project's lithium mineralization potential.
• Newly Acquired Urgakh Naran Property: ION has acquired the license for a property located northwest of Baavhai Uul and measuring in excess of 19,000 hectares. ION is set to commence a shallow drilling program at the new project, which has a large salar area.