Global Mineral Resources increase 26% to 60.1Mt: M&I: 32.51Mt grading 1.31% Li2O Inferred: 27.57Mt grading 1.24% Li2O Updated Bandeira Mineral Resources of 41.9 Mt grading 1.35% Li2O M&I: 23.68Mt grading 1.34% Li2O Inferred 18.25Mt grading 1.37% Li2O TORONTO, April 12, 2024 --
Lithium Ionic Corp. , is pleased to report an updated NI 43-101 compliant mineral resource estimate for the Bandeira Lithium Project , located within the Lithium Valley in Minas Gerais State, Brazil. The Lithium Valley is a unique geological belt that hosts a significant concentration of lithium-bearing pegmatites, which has emerged as a globally significant lithium producer. This new MRE increases the Company's global mineral resources by 26% to 60.1Mt. The Bandeira property covers only approxi...