Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) announced striking high-grade lithium results from the Salinas Project in northern Minas Gerais, Brazil, boosting prospects with grades up to 2.31% Li2O.
Lithium Ionic Expands Salinas with Impressive Drills
The Salinas project shines with new drill results, revealing lithium oxide (Li2O) concentrations as high as 2.31% across various depths. The Noé target area, previously undiscovered, showcases potential significant additions to the company’s lithium resources.
Key Highlights from Noé Target Drilling
Drilling at the Noé target unveils promising lithium concentrations across multiple drill sites. For instance, one drill returned 1.53% Li2O over 15 meters, including a stretch of 2.31% Li2O over 8 meters, marking a potential expansion zone north of the main mineral resource area.
Future Prospects and Company Aims
With continuous exploration and drilling planned through 2024, Lithium Ionic aims to expand and upgrade the Salinas mineral resources. This effort aligns with the company’s strategic goal to scale its lithium deposits significantly.
Salinas stands as a cornerstone asset within Lithium Ionic’s portfolio, underpinned by robust assay results and a commitment to furthering mineral resource estimates.
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