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50% ownership, $12,000/tonne pricing
LCE, Measured & Indicated (*Inferred, 50% ownership)
PEA completed 2021
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50% ownership, $20,000/tonne pricing
LCE, Measured & Indicated (*Inferred 50% ownership)
Preliminary Economic Assessment, Completed
Location: Nevada, USA
Completed Stage: PEA
Next Stage: PFS
Deposit type: Sedimentary
Website: iconicminerals.com
Iconic has several quality Lithium and Gold exploration projects in Nevada, USA. The Bonnie Claire Sarcobatus Valley Lithium property encompasses 1,155 claims covering over 21.72 square miles (56.25 sq. / kms) or 13,900 acres.. Assays of the cuttings from the recently drilled first hole resulted in the discovery of Lithium enriched sediments averaging 1,153 PPM over 1,560 feet (475 meters). Initial leaching tests applying dilute acid to the drill cuttings resulted in recoveries as high as 98%. Iconic has two other highly prospective Lithium exploration properties also located in Nevada.
One of the largest lithium resources in North America
In December 2020, ICM announced an option agreement with Nevada Lithium Corp (NLC), entitling NLC to 50% of the Bonnie Claire asset by funding US$5.6 M in cumulative exploration expenditures on the property in three different phases.
$20,000/tonne LCE pricing
Of the Bonnie Claire project. *Option agreement w/ NLC
May 20, 2020
May 20, 2020
includes Assets up for sale
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