Drilling Underway At Mongolian Lithium Site
ION Energy Limited (TSXV: ION) (OTCQB: IONGF) has commenced a significant exploration campaign at the company’s 100% owned Baavhai Uul Lithium Salar Project in South Eastern Mongolia.
Highlights
- Exploration camp built with twelve personnel on site;
- Drilling rig on site and core drilling has commenced;
- Truck mounted auger drilling expected on site within weeks;
- The company now holds licences on over 110,000Ha.
CEO, Ali Haji, said the fully funded exploration programme has commenced on one of the worlds largest lithium salar holdings, where no modern exploration has ever been completed
“Mongolia as a nation has shown prudence with respect to managing the Pandemic and we are pleased to announce that our staff have all received two shots of the vaccine, built the exploration camp and the drill is now turning at Baavhai Uul, our flagship asset” Mr Haji said.
The company has begun the expanded programme to fast track the exploration of its Lithium Salar Projects in Mongolia.
Drilling has commenced on at least 21 drill holes through the highlighted prospective basins. Sampling of sediments and aquifers will be completed during the drilling phase.
The first drilling ever completed on Lithium Salars in Mongolia has commenced.