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Iconic Provides Update on Bonnie Claire Lithium Property 2022 Drilling Program
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2022) -   Iconic Minerals Lt...
About this update from Iconic Minerals Ltd
[{"type":"text","content":"Iconic Provides Update on Bonnie Claire Lithium Property 2022 Drilling ProgramVancouver, British Columbia--(Newsfile Corp. - September 16, 2022) -  Iconic Minerals Ltd. (TSXV: ICM) (OTCQB: BVTEF) (FSE: YQGB) (the \"Company\" or \"Iconic\") is pleased to provide an update on the 2022 drill program at the Bonnie Claire Lithium Project (the 'Project' or 'Property'), located in Nye County, Nevada. After the completion of the first core hole (BC2201C), the Company upgraded access allowing three drill rigs on the Property. Iconic Minerals Ltd CEO, Richard Kern, comments: \"Over the last year the Company faced permitting delays, and shortages of drill rigs; however, despite these delays, we have successfully retained three drill rigs, which has expedited our exploration program which will be completed before the end of the year as part a Prefeasibility Study\".Drill Hole BC2201CCore hole BC2201C reached a final vertical depth of 2001 feet (610 meters), which had a piezometer inserted for groundwater study; all samples not collected for engineering use were submitted to ALS in Reno for geochemical analysis. Logging has been completed and two thick zones of dark green claystone usually indicative of lithium-rich sediments, have been identified. Initial assay results are expected within a couple weeks. Drill Hole BC2202CCore hole BC2202C is located 1,759 feet (536 meters) west of BC2201C. The hole is further out on the playa than BC2201C to test whether higher grade lithium (+1000 ppm Li) is closer to the surface than holes near the margins of the alluvial cover. As of September 14th, the rig had drilled to 1,443 feet (440 meters) and will drill to a total depth of approximately 2,000 feet (610 meters). Although not logged yet, dark green claystone was encountered within 25 feet (7.6 meters) of the surface.Drill Hole BC2203CClose to the completion of BC2201C, a second core rig arrived on site and is set up 1,840 feet (561 meters) south of BC2201C. This drill hole is also located further out on the playa than BC2201C and will also test whether higher grade lithium (+1000 ppm Li) is close to the surface. The hole has been completed to a total depth of 1,998 feet (609 meters). The drill hole is currently being prepared for geophysical logging. The core shows dark green claystone commencing at 17 feet (5 meters) below the surfa...