ION Energy Validates Geophysics and Calculates Volume for Urgakh Naran Lithium Brine Project, Provides Update on Baavhai Uul
Toronto, Ontario--(Newsfile Corp. - August 25, 2022) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is pleased to share further results of an additional TEM (Transient Electro Magnetic) line that intercepted the previously announced 8 TEM lines completed on its Urgakh Naran project. Highlights: 2022 TEM Survey successfully completed TEM results indicate strong conductivity and low resistivity that is typical of a significant brine aquifer 22.7 billion...
2022-08-25 8:58 AM EDT
ION Energy Receives Highly Encouraging Geophysics Results from Urgakh Naran Lithium Brine Project
Toronto, Ontario--(Newsfile Corp. - July 11, 2022) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to announce the results of a TEM (Transient Electro Magnetic) survey on its Urgakh Naran project. The TEM survey detects high conductivity and low resistivity across the basin, and to predict extensions, faults, and displacements affecting the aquifer. The program was highly successful in meeting all objectives. "The Company is extremely...
2022-07-11 8:58 AM EDT
ION Energy: Significant Lithium Brine Discovery at Urgakh Naran Lithium Project
Toronto, Ontario--(Newsfile Corp. - May 10, 2022) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is extremely pleased to report that the Company has made a significant lithium brine discovery at its +29,000 hectare 100% owned Urgakh Naran Lithium Project in Mongolia. The brine sample was collected at surface from a shallow pool and assayed 918 mg/L Lithium. This is an exceptional early result for the Company and is the highest grade lithium brine known to...
2022-05-10 8:45 AM EDT
ION Energy provides Site Visit and Exploration Update
Toronto, Ontario--(Newsfile Corp. - May 3, 2022) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is excited to provide an extensive operational and exploration update on the heels of the site visits in Mongolia in late April, to our Baavhai Uul and Urgakh Naran projects: +81,000 hectare Baavhai Uul flagship project has shown ~25% lithium anomalies thusfar, as further drilling results are pending; and Results from core brine sampling are expected from our...
2022-05-03 8:45 AM EDT
ION's CEO & Technical Team Embark on Site Visits in Mongolia
Toronto, Ontario--(Newsfile Corp. - April 18, 2022) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is excited to provide an operational update, while our team conducts site visits in Mongolia. ION Energy's CEO, Ali Haji, is in Mongolia for strategic site visits from April 16th to 26th, in anticipation of sharing plans with the market for our pending drilling programs. He will be accompanied by senior technical team members, including: ION Director,...
2022-04-18 10:00 AM EDT
ION Energy Strengthens Team by Appointment of Strategic Director
Toronto, Ontario--(Newsfile Corp. - March 3, 2022) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to welcome Wendy Li to the Company as Director - Asia, with a focus on strategic relationships across Asia. "We are very proud and excited to welcome Wendy to the ION team. She brings significant experience in the resource sector, international trade and supply chain management. Wendy's exceptional track record of business development and...
2022-03-03 11:18 AM EST
Ion Energy Ltd. Announces Strategic Alliance with Mongolian Copper Explorer
Toronto, Ontario--(Newsfile Corp. - February 1, 2022) - ION Energy Ltd. (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION") is pleased to announce that the Company has entered into a binding term sheet (the "Term Sheet") which sets out the terms for an exploration joint venture (the "Joint Venture") with Aranjin Resources Ltd. ("Aranjin") (TSXV: ARJN). The Joint Venture allows for both companies to grant one another reciprocal exploration rights to their respective exploration licences within...
2022-02-01 9:00 AM EST
ION Energy Identifies New Lithium Discovery: White Wolf Prospect, with Highly-Encouraging Results Up To 1,502 ppm
Toronto, Ontario--(Newsfile Corp. - December 1, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to announce that the Company has made a new lithium discovery, the White Wolf Prospect, at its 100% owned Baavhai Uul Lithium Salar Project in south eastern Mongolia. Highlights A total of 222 auger drill holes have been completed for 1304.5 metres. To date only 12.5% of drill holes results have been returned. Initial drilling results are...
2021-12-01 9:01 AM EST
ION Celebrates 1 Year of Trading, as Maiden Exploration Commences on the Urgakh Naran Lithium Salar Project
Toronto, Ontario--(Newsfile Corp. - September 13, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to announce that it will commence its maiden exploration program at it's 100% owned Urgakh Naran Lithium Salar Project in Dorngovi Province, Mongolia, as it celebrates its 1 year anniversary of trading commencement on the TSX-V. "Our team has accomplished so much in the past year: from a new licence acquisition to the closing of a...
2021-09-13 8:44 AM EDT
Exploration Completed at Baavhai Uul: ION Energy's Flagship Project
Toronto, Ontario--(Newsfile Corp. - July 15, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to announce that the maiden exploration drilling program announced in June has been successfully completed at the company's 100% owned Baavhai Uul Lithium Salar Project in south eastern Mongolia. Highlights First ever drilling program successfully completed on a Lithium Salar project in Mongolia 21 core drill holes completed for 823.2 metres...
2021-07-15 12:26 PM EDT
ION Energy Announces Exploration Commenced at Baavhai Uul
Toronto, Ontario--(Newsfile Corp. - June 9, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FRA: 5YB) ("ION" or the "Company") is very pleased to announce that exploration has commenced 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...
2021-06-09 11:10 AM EDT
ION Exploration Update - 100% Owned Lithium Salar Projects, Mongolia
Toronto, Ontario--(Newsfile Corp. - May 12, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to share that initial geophysical surveys (seismic) have been successfully completed at the Company's 100% owned Baavhai Uul Lithium Salar Project in south eastern Mongolia. Initial results have been encouraging and the Company will now ramp up its exploration efforts with additional geophysics and drilling to commence in the coming quarter....
2021-05-12 12:02 PM EDT
ION Energy Acquires Urgakh Naran Licence in Mongolia
Toronto, Ontario--(Newsfile Corp. - February 10, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company"), is pleased to announce the acquisition of the Urgakh Naran Lithium Brine Project (the "Urgakh Naran Project") located in Mongolia's Dorngovi Province. The name "Urgakh Naran" is Mongolian for "Rising Sun" and the Project covers an area of approximately over 19,000 hectares of highly prospective lithium terrain located 150km WNW of the Company's flagship...
2021-02-10 11:28 AM EST
ION Energy Strengthens Mongolian Team with Addition of Dr. Khashbat Dashteseren, PhD as Special Advisor
Toronto, Ontario--(Newsfile Corp. - February 3, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company"), is pleased to announce the appointment of Dr. Khashbat Dashteseren as Special Advisor to ION, based in Ulaanbaatar, Mongolia. Dr. Dashteseren is a geologist and scholar with an extensive amount of experience exploring various minerals in Mongolia and has served with the Urban Development for the Department of Urban Development and Investment in Mongolia....
2021-02-03 11:35 AM EST
ION Energy Boosts Exposure in the United States, Upgrades Listing to OTCQB Under the Symbol 'IONGF'
Toronto, Ontario--(Newsfile Corp. - January 14, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FRA: 5YB), is pleased to announce that it has received approval from the OTC Markets Group to begin trading on the OTCQB Market under the ticker symbol "IONGF" at the open of markets on January 14, 2021. "With the pending inauguration of President-elect Biden and his proposed economic recovery policies, US investors are finding battery metals increasingly intriguing to invest in. This is...
2021-01-14 9:00 AM EST
ION Energy to Commence Exploration on the Baavhai Uul Lithium Brine Project
Toronto, Ontario--(Newsfile Corp. - October 21, 2020) - ION Energy Ltd (TSXV: ION) (FSE: 5YB) ("ION" or the "Company") is pleased to announce it is commencing its geophysics (CSAMT and reflection seismic) study on the Baavhai Uul Lithium Brine project in Sukhbaatar Province, Mongolia. The geophysics program is specifically designed to progressively identify and map brine aquifers as potential targets for a series of drill tests. See Figure 1 for the proposed work plan area and coverage.
2020-10-21 1:02 PM EDT
Ion Energy Ltd. Announces Change in Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - September 25, 2020) - Ion Energy Ltd. (TSXV: ION) ("Ion Energy" or the "Company") is pleased to announce that John McVicar has been appointed the Chief Financial Officer of the Company. Mr. McVicar brings more than 30 years of international business experience in Management Consulting and Finance. His previous roles include Consulting Partner at a Big 4 firm, CFO of a TSX-listed company and several regional finance leadership roles with large U.S. and...
2020-09-25 8:00 AM EDT
Ion Energy Ltd. Announces Appointment of Director and Special Advisors and Provides Update on Exploration Program
Toronto, Ontario--(Newsfile Corp. - September 15, 2020) - Ion Energy Ltd. (TSXV: ION) ("Ion Energy" or the "Company") is pleased to announce the appointment of Mr. Enkhtuvshin Khishigsuren to the Company's board of directors. The board of directors of the Company now consists of Ali Haji, Aneel Waraich, Matthew Wood, Bataa Tumur-Ochir and Enkhtuvshin Khishigsuren. The appointment of Mr. Khishigsuren provides the Company with an individual with over 30 years of Mongolian mineral exploration...
2020-09-15 9:00 AM EDT
Ion Energy Ltd. Announces Completion of Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - August 27, 2020) - Ion Energy Ltd. (TSXV: SBCC.P) ("Ion Energy" or the "Corporation"), formerly Spirit Banner Capital Corp. ("Spirit Banner"), is pleased to announce that it has completed its previously announced qualifying transaction (the "Qualifying Transaction") with Ion Energy Ltd. ("Old Ion Energy"). As previously announced, the parties received conditional approval of the TSX Venture Exchange (the "TSXV") on March 30, 2020. For additional information...
2020-08-27 5:20 PM EDT
Spirit Banner Provides Update on Private Placement and Qualifying Transaction
Toronto, Ontario--(Newsfile Corp. - August 4, 2020) - Spirit Banner Capital Corp. (TSXV: SBCC.P) ("Spirit Banner" or the "Corporation") provides an update on its proposed business combination transaction (the "Proposed Transaction") with Ion Energy Ltd. ("Ion Energy"), and Ion Energy's non-brokered private placement to be completed in connection with the Proposed Transaction. It is expected the Proposed Transaction will qualify as the Corporation's "Qualifying Transaction" under the policies...
2020-08-04 5:00 PM EDT