- Lithium Ionic Corp. (LTH) has announced assay results for the first two drillholes from the drill program at its Itinga Lithium Project in Brazil
- The Itinga lithium Project comprises five mineral licenses covering more than 1,300 hectares.
- Lithium Ionic Corp is a Canadian exploration company focused on developing commercial-grade lithium
- Lithium Ionic Corp. (LTH) is down 4 per cent on the day, trading at C$1.19 per share at 11:45 am ET
Lithium Ionic (LTH) has announced assay results for the first two drillholes from the drill program at its Itinga Lithium Project in Brazil.
Initial drilling results:
- Hole ITDD-22-002: 5.66m grading 1.93 per cent Li2O from 33.08m
- Hole ITDD-22-001: 5.2m grading 1.55 per cent Li2O from 8.50m
Blake Hylands, Chief Executive Officer of Lithium Ionic, commented on the results.
“The Itinga drilling confirms the surface sampling and trenching work the team has done across the company’s land holdings are excellent indicators for mineralized domains. We feel confident our ongoing drill program will continue to outline a much broader system, and we look forward to presenting more excellent results in the coming weeks.”
Lithium Ionic Corp is a Canadian exploration company focused on developing commercial-grade lithium. The company holds a 100 per cent ownership interest in the Itinga lithium project in Brazil.
The project comprises five mineral licenses covering more than 1,300 hectares in the prolific Aracuai lithium province. A portion of the Project occurs immediately south of the CBL lithium mine and plant, Brazil’s only lithium producer, and immediately north of the large Barreiro and Xuxa lithium deposits of Sigma Lithium Corp (TSXV: SGML).
Lithium Ionic Corp. (LTH) is down 4 per cent on the day, trading at C$1.19 per share at 11:45 am ET.