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Lithium Ionic Corp V.LTH

Alternate Symbol(s):  LTHCF

Lithium Ionic Corp. is a Canadian mining company. The Company is engaged exploring and developing its lithium properties in Brazil. Its flagship Itinga and Salinas projects cover 14,182 hectares in the northeastern part of Minas Gerais state. The Itinga project is situated approximately 25 kilometers (km) east of the town of Aracuai and approximately 594 km northeast of Belo Horizonte in Minas Gerais Province, Brazil. The Itinga properties are located in the municipalities of Aracuai and Itinga. The Salinas Project is located approximately 100 km north of its Itinga Project (Bandeira and Outro Lado lithium deposits), within the lithium rich Aracuai Pegmatite District in the northern region of Minas Gerais State, Brazil. The Company has an option to acquire up to a 100% equity interest in Vale Do Litio Mineracao Ltda. (Vale Litio). Vale Litio has a 100% ownership interest in three lithium mining claims in Minas Gerais, Brazil that cover a total of 3,140 hectares (the Vale Claims).


TSXV:LTH - Post by User

Post by PressReleaseon Mar 13, 2023 7:00am
39 Views
Post# 35334088

New Press Release - Lithium Ionic announces strategic acquisition of Neolit Minerals, significantly expanding footprint in the lithium-rich Araçuaí Pegmatite District; includes multiple advanced targets with drill results up to 1.71% Li2O over 9.8m, 1.53% Li2O over 11.4m and 1.22% Li2O over 13.8m

New Press Release - Lithium Ionic announces strategic acquisition of Neolit Minerals, significantly expanding footprint in the lithium-rich Araçuaí Pegmatite District; includes multiple advanced targets with drill results up to 1.71% Li2O over 9.8m, 1.53% Li2O over 11.4m and 1.22% Li2O over 13.8m
TORONTO, March 13, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) reports that it has acquired 100% of Neolit Minerals Participações Ltda. (“Neolit”), a Brazilian company which owns a 40% interest in the Salinas Project (the...read article.
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