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Iconic Minerals Ltd V.ICM

Alternate Symbol(s):  ICMFF

Iconic Minerals Ltd. is a mineral exploration company focused on acquiring and exploring gold and lithium properties in Nevada and Canada. The Company holds highly prospective gold exploration properties in Nevada with the potential to host both Carlin-type and Round Mountain style gold/silver deposits. The Company, through option agreements, holds a 50% interest in the New Pass and Midas South properties located in Nevada. The New Pass Gold Property, consisting of about 107 unpatented mineral claims, is located in Eastern Churchill County, Nevada. The Midas South property is located in the Ivanhoe Mining District, four miles northwest of the Hollister Deposit. Its lithium properties include Smith Creek Lithium Property and Grass Valley Property. In Smith Creek Lithium Property, it controls about 808 placer claims totaling 25.25 square miles over a major gravity low. The Grass Valley Property is a lithium exploration project consisting of approximately 997 placer claims.


TSXV:ICM - Post by User

Comment by MV77777on Jul 28, 2023 8:09am
145 Views
Post# 35561138

RE:Business value

RE:Business valueYes.. iconic sold their Bonnie Claire lithium property but they still have the Smith Creek lithium property Plus their gold properties. So at this price of $.04 it's extremely undervalued..

"""Bonnie Claire Property is
 located within Sarcobatus Valley, which is approximately 30 kilometers (km) long and 20 km wide. It intercepts lithium grades up to 5570 parts per million (ppm) at Bonnie Claire Project.""""

Its Smith Creek Lithium Property covers about 808 placer claims totaling 25.25 square miles over a major gravity low. The enclosed Smith Creek Valley Basin covers 582 square miles. Its New Pass Gold Property comprises of about 107 mining claims covering 2140 acres. The Company's Midas South Gold Property consists of a 50% interest in certain unpatented mining claims located in Elko County, Nevada """ 
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