ION Energy announces that it has completed a non-brokered private placement of 4,000,000 units of the Company at a price of $0.25 per Unit, for aggregate gross proceeds of $1,000,000. Each Unit consists of one common share of the Company and one common share purchase warrant. Each Warrant entitles the holder to acquire one Share for $0.40 for a period of 12 months after the closing of the Offering, provided that in the [...]
ION Energy Ltd. has amended and restated the agreement to acquire the Bliss Lake Lithium Pegmatite Project in NWT, Canada . The Company's acquisition of Bliss Lake was originally announced in a press release dated May 11, 2023 . The A&R Agreement was entered into to clarify certain terms of the original agreement and the transaction. As a result of the amendments, the immediate consideration for the acquisition under the [...]
Highlights Bliss Lake Lithium Project is 5,798 hectares in area and totals five contiguous licences; Less then 15km from Li-FT Power Ltd's "Road Access Group" where numerous lithium bearing pegmatites have been identified and sampled with over 1% Li2O; Numerous pegmatite occurrences identified from Landsat images on the Bliss Lake Project the largest of which is interpreted to be over 300 metres in strike length; 30 kms [...]
ION Energy Ltd. , Mongolia's first lithium brine explorer and developer, is very pleased to share that hydrogeological studies have commenced at the 100%-owned Urgakh Naran site. This crucial step in the Company's exploration efforts is expected to lay the framework for NI 43-101 resource estimates at this site, and guide future exploration work. Lithological results released in December 2022 have shown the basin to be [...]
ION Energy Ltd. , Mongolia's first lithium brine explorer and developer, is very pleased to update the market on the progress of the water well drilling at its 100%-owned Urgakh Naran project. Water well drilling at UNWH-03 has now been completed to a depth of 300m, with a six-inch tricone bit, four-inch steel slotted pipes and gravel packed. The team has now deployed the Solinst pumps, bailers and various hydro [...]
ION Energy Ltd. , Mongolia's first lithium brine explorer and developer, is very pleased to share that water well drilling has resumed at the 100%-owned Urgakh Naran project, to complete the UNWH-03 program. Highlights: Three water wells on site drilled to a total of 682m UNWH-01 drilled to 300m UNWH-02 drilled to 300m UNWH-03 currently at 82m Previously stated results on the drilling of three lithological diamond core [...]
Highlights: ION Energy will meet with investors and government officials at the Future Minerals Forum in Riyadh, Saudi Arabia, January 10-13, 2023; Focus on sharing ION Energy's compelling value proposition as Mongolia's first lithium brine explorer, strategically located next to the world's leading battery manufacturer; and ION executives will be at Stand FMF 27, where industry leaders across the mining value chain can [...]
ION Energy Ltd. is very pleased to share drilling results and an update on exploration at the Urgakh Naran Lithium Project in Mongolia. Highlights: Successfully completed the drilling of three lithological diamond core drill holes for a total depth of 954m Notable two metre drill core results include: UNDH-01: 123m at 278ppm lithium from 122m, with maximum lithium reported at 832ppm over 2m; UNDH-02: 100m at 362ppm [...]
ION Energy Ltd. is very pleased to provide an update on drilling operations at Urgakh Naran in Mongolia, following the Company's previously announced site visit in September. Highlights: Drilling of two lithological diamond core holes has been completed at Urgakh Naran with a total depth of 702m, third hole currently at 185m; Drilling of one water well down to 300m has been completed using a tricone bit, slotted casings [...]
Ali Haji, Chief Executive Officer and Director, ION Energy Ltd. shares his Company's story in an interview with TMX Group. The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest View From The C-Suite visit [...]
ION Energy Solutions launched its 30 by 30 initiative, a nationwide campaign that aims to reduce water consumption by more than 30% in the Affordable Housing market by 2030. Affordable Housing owners and developers can help accomplish this goal by using ION's water optimization platform that enables properties to use 50% less water than the typical affordable housing property. "The 30 by 30 initiative addresses two major [...]
ION Energy Ltd. is very pleased to share that drilling has commenced at Urgakh Naran and the site visit previously announced is set to occur later this month. Highlights: The first of three holes to be drilled to minimum depth of 300 metres, has commenced drilling at Urgakh Naran, advancing the Company towards an inferred resource before year end; and Site visit including technical experts and potential strategic partners [...]