Assay TV hears from Ali Haji, CEO and Director of ION Energy (TSX-V: ION, OTC: IONGF), as he discusses a new lithium discovery at the flagship Baavhai Uul Lithium Salar Project in south-eastern Mongolia.
The company has just completed an initial shallow drilling programme consisting of 222 drill holes, including one that has returned up to 1,502 ppm lithium in clays and evaporites. Ali says that only 12.5% of the samples collected so far have returned results, with more coming by the end of the year. The extensive drilling programme will also continue to define the resource.
Website: www.ionenergy.ca
Primary tickers: TSXV:ION, OTC:IONGF
Stages of development: Exploration, Development
Commodity: Lithium
Project to promote: Baavhai Uul Lithium Salar Project
Project location: Mongolia