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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:...
About this update from Osiris One Metals Ltd.
[{"type":"text","content":"ION Energy Identifies New Lithium Discovery: White Wolf Prospect, with Highly-Encouraging Results Up To 1,502 ppmToronto, 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. HighlightsA 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 highly encouraging with a new discovery highlighted at the White Wolf Prospect. Drill hole AU-17 returned results up to 1,502ppm Lithium in clays and evaporites with the hole averaging 700ppm Lithium from 0.5m to 3.5m depth.Drill hole AU-20 averaged 650ppm Lithium from 4m to 6m depth with the last sample in the hole returning 860ppm Lithium.The Company has deployed three Auger Rigs on the Baavhai Uul Lithium Salar project and has now completed an initial shallow drilling program consisting of 222 drill holes. Holes were drilled to a maximum depth of six metres with samples being collected every 0.50 metre. Drill holes were located over 1 kilometre apart, and this represents a broad first pass of the licences prospectively. Initial drilling results received from only 12.5% of samples collected have been highly encouraging with a new lithium discovery being made at the White Wolf Prospect. Results of additional drill holes will be delivered to the Company over the coming months. \"The ION team is extremely pleased with these very early drilling results. This is an extensive regional drilling program and we are already seeing new prospects being discovered at White Wolf that will warrant follow-up drilling. Exploration programs at the company's projects in Mongolia remain ongoing and further results are expected over the coming months,\" says Ali Haji, CEO & Director of ION Energy Ltd.Figure 1: Auger Rig at Baavhai Uul.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6906/106091_205637a61431d8f0_002full.jpgFigure 2. Drilling program at Baavhai UulTo view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/6906/106091_205637a61431d8f0_004full.jpg.Figure 3. D...