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Bullboard - Stock Discussion Forum 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... see more

TSXV:LTH - Post Discussion

Lithium Ionic Corp > Lithium Ionic 26% Increase in Global Mineral Resources
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Post by Betteryear2 on Apr 12, 2024 12:33pm

Lithium Ionic 26% Increase in Global Mineral Resources

  • Global Mineral Resources increase 26% to 60.1Mt:
    • M&I: 32.51Mt grading 1.31% Li2O
    • Inferred: 27.57Mt grading 1.24% Li2O
  • Updated Bandeira Mineral Resources of 41.9 Mt grading 1.35% Li2O
    • M&I: 23.68Mt grading 1.34% Li2O
    • Inferred 18.25Mt grading 1.37% Li2O

TORONTO, April 12, 2024 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”), is pleased to report an updated NI 43-101 compliant mineral resource estimate (“MRE”) for the Bandeira Lithium Project (“Bandeira” or the “Project”), located within the Lithium Valley in Minas Gerais State, Brazil. The Lithium Valley is a unique geological belt that hosts a significant concentration of lithium-bearing pegmatites, which has emerged as a globally significant lithium producer. This new MRE increases the Company’s global mineral resources by 26% to 60.1Mt.

Lithium Ionic Announces 26% Increase in Global Mineral (globenewswire.com)

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