Toronto, Ontario – October 19, 2022 (Newsfile Corp.) (Investorideas.com Newswire) ION Power Restricted (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) (“ION” or the “Firm”) may be very happy to supply an replace on drilling operations at Urgakh Naran in Mongolia, following the Firm’s beforehand introduced web site go to in September.
- Drilling of two lithological diamond core holes has been accomplished at Urgakh Naran with a complete depth of 702m, third gap at the moment at 185m;
- Drilling of 1 water effectively right down to 300m has been accomplished utilizing a tricone bit, slotted casings, with a diameter of 6 inches;
- Complete cumulated gravelite, porous and permeable zones beginning at 184m seen at UNDH-02 present thickness of at the very least 80m; and
- Web site go to concluded in September 2022 with a second go to deliberate for October 2022; inferred useful resource calculation ongoing.
“Onsite developments at Urgakh Naran proceed to be extremely encouraging. With the ability to report on lithology which is indicative of permeability, additional validates the low resistivity zones recognized by the TEM carried out this summer time. We proceed to advance the asset at breakneck pace,” stated Ali Haji, CEO & Director of ION Power.
Efforts steadily progress at Urgakh Naran to finish the diamond holes in addition to the monitoring wells, permitting the Firm to progress inferred useful resource calculations.
Diamond Core and Water effectively drilling has commenced at Urgakh Naran. Core in addition to brine samples are being collected for assaying and porosity testing.
All technical info disclosed on this press launch has been reviewed and authorized by Khurelbaatar Lamzav, P.Geo., an unbiased advisor to the Firm and a “Certified Individual” beneath Nationwide Instrument 43-101.
About ION Power Ltd.
ION Power Ltd. (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) is dedicated to exploring and creating Mongolia’s lithium salars. ION’s flagship, 81,000+ hectare Baavhai Uul lithium brine mission, represents the most important and first lithium brine exploration licence award in Mongolia. ION additionally holds the 29,000+ hectare Urgakh Naran extremely potential Lithium Brine licence in Dorngovi Province in Mongolia. ION is well-poised to be a key participant within the clear vitality revolution, positioned effectively to service the world’s elevated demand for lithium. Details about the Firm is on the market on its web site, www.ionenergy.ca, or beneath its profile on SEDAR at www.sedar.com.
For additional info:
Ali Haji, [email protected], 647-871-4571
Siloni Waraich, [email protected], 416-432-4920
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