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ION Energy kicks off drilling at its Urgakh Naran lithium brine project in Mongolia www.proactiveinvestors.com
ION Energy Ltd. (TSX-V:ION, OTCQB:IONGF) said drilling has begun at its Urgakh Naran lithium brine project in Mongolia and the previously-announced site visit is set to occur later this month.
The lithium project developer noted the first of three holes will be drilled to a minimum depth of 300 metres, advancing the company towards an Inferred resource before year-end.
“The site visit later this month will include technical experts, potential strategic partners and myself; a pivotal moment for the company and our shareholders,” ION Energy CEO Ali Haji said in a statement.
“We look forward to pressing ahead with the work onsite which will include three monitoring wells and ultimately, an Inferred resource calculation before the end of 2022,” Haji added.
ION also said brine samples will be collected according to the industry standard, assayed and shared with the market as available.
As well, the company has invited interested investors to learn more about ION Energy’s plans at its upcoming Fall Exploration Update on Thursday, September 22, 2022 at 12 pm ET. The registration link can be found HERE.
Toronto-based ION Energy is advancing the over 29,000 hectare Urgakh Naran lithium brine licence in Dorngovi Province in Mongolia. Its flagship, 81,000-hectare Baavhai Uul lithium brine project represents the largest and first lithium brine exploration licence award in Mongolia.
Contact Sean at sean@proactiveinvestors.com
Published Date:2022-09-16
