TORONTO, May 02, 2024 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”), is pleased to report that it has received approval to draw water (“Water Rights”) from the local Piauí River for its 100%-owned Bandeira Lithium Project (“Bandeira”) in Minas Gerais, Brazil. The approval granting the right to use local water resources was granted on April 25, 2024, by the Minas Gerais Institute of Water Management (“Instituto Mineiro de Gestão das
TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to report new assay results for 23 drill holes from its Feasibility-stage Bandeira Lithium Project (“Bandeira” or the “Project”), situated in northern Minas Gerais State, Brazil, in a world-class hard rock lithium district known as the “Lithium Valley”, where two lithium producers currently operate. Highlights from the latest high-grade results from Ba
Excellent follow-up drill results from high-grade discovery holes at the “Noé” target announced in February 2024, including: 1.53% Li2O over 15m, incl. 2.31% Li2O over 8m1.15% Li2O over 19m, incl. 1.67% Li2O over 10m1.32% Li2O over 14m, incl. 2.16% Li2O over 7m The Noé target, located ~1.5km north of the mineral resource area, was not included in the NI 43-101 estimate announced on April 4, 2024Salinas currently hosts a 14.76Mt lithium deposit, or 25% of the Company’s total global mineral resour