ION Energy (TSXV:ION) has commenced drilling at the Urgakh Naran project in Mongolia.
Highlights:
- Drilling has commenced at the first of three holes to be drilled to minimum depth of 300 metres, advancing the company towards an inferred resource before year end; and
- Site visit including technical experts and potential strategic partners to occur before month-end.
“Yet another exciting breakthrough for the company as we continue to deliver on our promise to investors with respect to upcoming catalysts, allowing us to better understand and surface the value of Urgakh Naran,” said Ali Haji, CEO and Director of ION Energy.
“The site visit later this month will include Technical experts, potential Strategic Partners and myself; a pivotal moment for the company and our shareholders. We look forward to pressing ahead with the work onsite which will include three monitoring wells and ultimately, an inferred resource calculation before the end of 2022.”
“The monitoring wells are being completed by ION Energy alongside our hydrogeological drilling contractor.
“The company will be logging all core samples, ensuring the core remains wrapped in plastic, photographed and stored appropriately. Brine samples will be collected according to the industry standard, assayed and shared with the market as available.”
For further information please visit: https://www.ionenergy.ca/