{kanada_flagge}Ion Energy Limited (CSE: ION; OTCMKTS: IONGF; FRA:5YB) is working diligently to establish the first resource at its Urgakh Naran lithium-salar project in Mongolia. The company expects to deliver a maiden inferred resource estimate by the end of the year.
{kanada_flagge}Ion Energy Limited (CSE: ION; OTCMKTS: IONGF; FRA:5YB) is working diligently to establish the first resource at its Urgakh Naran lithium-salar project in Mongolia. The company expects to deliver a maiden inferred resource estimate by the end of the year.
CEO & Director of Ion Energy, Ali Haji, spoke of “very encouraging progress.” Literally, Haji stated in an interview with Ellis Martin Report, “We’re moving the project forward at a rapid pace.” He said it is particularly encouraging that the results of recent lithological surveys confirm the findings of previous geophysical surveys. Several lithological diamond drill holes with a total depth of more than 700 meters found gravelly, porous and permeable zones exactly where they were predicted by measurements taken during the summer. The geophysical signature of these zones is low resistivity. The permeable zones, starting in hole UNDH-02 at a depth of 184 m, has a thickness of at least 80 meters.
The site visit was completed in September 2022 and a second visit is planned for October 2022. CEO Ali Haji provided detailed comments on the progress in an interview with Ellis Martin Report. The interview is available at the following link: https://www.abnnewswire.net/lnk/589SYQ1Y#
Ion Energy is a first mover for lithium in Mongolia. The company is developing the Baavhai Uul and Urgakh Naran lithium salars. Ion’s flagship project is the 81,000+ hectare Baavhai Uul lithium brine project. Baavhai Uul is the largest and first lithium brine exploration license awarded in Mongolia.
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