The Prospector News

Ellis Martin Report – “ION Energy Provides Operational Update on Urgakh Naran Exploration Program” (Audio)

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Ellis Martin Report – “ION Energy Provides Operational Update on Urgakh Naran Exploration Program” (Audio)

 

 

 

https://youtu.be/IEB_Oeu3Ffg

 

 

In this segment of The Ellis Martin Report we speak with Ion Energy’s CEO Ali Haji as we provide a report on a recent site visit to Mongolia’s very promising premiere lithium exploration project with an inferred resource estimate out by likely by the end of the year.

 

ION Energy Limited (TSX-V: ION) (OTCQB: IONGF) (FRA: 5YB) is very pleased to provide an update on drilling operations at Urgakh Naran in Mongolia, following the Company’s previously announced site visit in September.

 

Highlights:

Ø  Drilling of two lithological diamond core holes has been completed at Urgakh Naran with a total depth of 702m, third hole currently at 185m;

Ø  Drilling of one water well down to 300m has been completed using a tricone bit, slotted casings, with a diameter of 6 inches;

Ø  Total cumulated gravelite, porous and permeable zones starting at 184m seen at UNDH-02 show thickness of at least 80m; and

Ø  Site visit concluded in September 2022 with a second visit planned for October 2022; inferred resource calculation ongoing.

 

“Onsite advancements at Urgakh Naran continue to be highly encouraging. Being able to report on lithology which is indicative of permeability, further validates the low resistivity zones identified by the TEM conducted this summer. We continue to advance the asset at breakneck speed.” said Ali Haji, CEO & Director of ION Energy. Efforts steadily progress at Urgakh Naran to complete the diamond holes as well as the monitoring wells, allowing the Company to progress inferred resource calculations.

 

About ION Energy Ltd.

 

ION Energy Ltd. is committed to exploring and developing Mongolia’s lithium salars. ION’s flagship, 81,000+ hectare Baavhai Uul lithium brine project, represents the largest and first lithium brine exploration licence award in Mongolia. ION also holds the 29,000+ hectare Urgakh Naran highly prospective Lithium Brine licence in Dorngovi Province in Mongolia. ION is well-poised to be a key player in the clean energy revolution, positioned well to service the world’s increased demand for lithium.

 

Courtesy of the Ellis Martin Report

Posted October 20, 2022

Share this news article

MORE or "UNCATEGORIZED"


GR Silver Mining Extends Silver Mineralization with Step-Out Drilling at San Marcial 11.9 m @ 226 g/t Ag Eq* including 0.9m @ 716 g/t Ag Eq

GR Silver Mining Ltd. (TSX-V: GRSL) (OTCQB: GRSLF) (FRANKFURT: G... READ MORE

July 25, 2025

Big Ridge Gold Corp. Closes Upsized $5.2 Million Private Placement

Big Ridge Gold Corp. (TSX-V: BRAU) (OTCQB: ALVLF) is pleased to a... READ MORE

July 25, 2025

St. Augustine Closes Private Placement

St. Augustine Gold and Copper Limited (TSX: SAU) is pleased to announce ... READ MORE

July 25, 2025

GoldShore Intersects Additional Mineralization Beneath the Conceptual Open Pit at the Southwest Zone with 22m of 1.30 g/t Au

Goldshore Resources Inc. (TSX-V: GSHR) (OTCQB: GSHRF) (FSE: 8X00)... READ MORE

July 25, 2025

Benz Announces Closing Final Tranche of A$13.5M Financing

Benz Mining Corp. (TSX-V: BZ) (ASX: BNZ) is pleased to advise tha... READ MORE

July 25, 2025

Copyright 2025 The Prospector News