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
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.
- 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.