Lithium Ionic Drills Thickest Intercept to Date at Bandeira: 1.39% Li2O over 65m in Brazil's Lithium Valley, Minas Gerais [Financial Post (Toronto, Ontario, Canada)]
Sigma Lithium Corporation (SGML)
Company Research
Source: Financial Post
TORONTO, Oct. 08, 2024 (GLOBE NEWSWIRE) — Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) is pleased to announce new drill results from the ongoing drilling program at its Bandeira Lithium Project (“Bandeira”, the “Project”), located in Brazil's most prolific lithium-producing district in Minas Gerais State. Among the results is the thickest lithium-bearing intercept drilled to date at the Project and the second highest grade X width intersection, underscoring the potential for continued mineral resource growth at this flagship asset. The Bandeira property covers 175 hectares, representing only ~1% of the Company's large ~17,000-hectare land package and currently accounts for ~70% of its global lithium mineral resource estimate of 60.1Mt* (See press release dated April 12, 2024 ). In only approximately two years of drilling, the Company has defined significant resources which continue to be expanded by the ongoing drilling results such
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SGML
Sec Filings
- 11/8/24 - Form SC
- 10/25/24 - Form 6-K
- 10/24/24 - Form SC
- SGML's page on the SEC website