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Iconic Announces Expansion of Lithium Claims and Appointment of Additional Director
(via Thenewswire.ca) Vancouver, BC / TheNewswire / January 6, 2016 - Iconic Minera...
About this update from Iconic Minerals Ltd
[{"type":"text","content":"Iconic Announces Expansion of Lithium Claims and Appointment of Additional Director(via Thenewswire.ca)\n \n \nVancouver, BC / TheNewswire / January 6, 2016 - Iconic Minerals Ltd. (TSX-V: ICM / FSE: YQG) announces that it has expanded its lithium property located in Nye County, Nevada (the \"Property\") from 303 mining claims comprising 6,060 acres to 413 claims comprising 8,260 acres (refer to News Release dated December 9, 2015). \n\n \n \nThe Company also announced the appointment of Joseph Charland to the Board of Directors. Mr. Charland has over 30 years' experience in the resource finance and management industry, including investor relations, corporate finance, mergers and acquisitions, corporate development and corporate management. Iconic welcomes Mr. Charland to the Board. \n\n \n \nThe following is a brief summary on the Property: \n\n \n \nThe Property is a lithium brine target. It is located within a valley that is over +20 miles (+30 km) long and 12 miles (20 km) wide into which streams from an +800 mi2 (2,070 km2) drainage basin empty. The source rocks are quartz-rich volcanics that contain anomalous amounts of lithium. Sampling of salt flats within the basin have found lithium values in salt samples ranging from 50 to 340 ppm. The deeper part of a gravity low within the valley is 12 miles (20 km) long and initial estimates are the depth to bedrock ranges from 1,500 to 2,000 feet (460-610 m) within this low. The current claim block covers the gravity low and associated mud flats that could be used for evaporation ponds if significant lithium brines are discovered in drilling.\n\n \n \nRichard Kern, Certified Professional Geologist (#11494) and CEO of Iconic is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards. \n\n \n \nOn behalf of the Board of Directors\n\n \n \nSIGNED: \"Richard Kern\"\n\n \n \nRichard Kern, President and CEO\n\n\n \nContact: (604) 336-8614\n\n \n \nFor further information on ICM, please visit our website at www.iconicmineralsltd.com\n\n\n \nThe Company's public documents may be accessed at www.sedar.com\n\n \n \nForward Statement: This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that invo...