Lithium Ionic Corp (TSE:LTH) has released an update.
Lithium Ionic Corp. has reported a substantial 26% increase in global mineral resources, reaching 60.1 million tonnes, after an updated mineral resource estimate at their Bandeira Project in Brazil’s Lithium Valley. The update reveals a measured and indicated resource of 23.68 million tonnes with a 1.34% lithium oxide grade, and 18.25 million tonnes inferred at 1.37% lithium oxide. This marks significant growth for the company, largely attributed to extensive drilling over the past two years, and sets the stage for ongoing exploration and potential resource expansion.
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