Iconic Provides Update on Drilling Program and Phase 2 Metallurgical Testing For Bonnie Claire Lithium Project, Nevada
ICONIC MINERALS LTD.
Suite 303, 595 Howe Street
Vancouver, B.C. V6C 2T5
Phone: (604) 336-8614 Fax: (604) 718-2808
www.iconicminerals.com
Iconic Provides Update on Drilling Program and Phase 2 Metallurgical Testing
For Bonnie Claire Lithium Project, Nevada
Vancouver, B.C. - February 20, 2020 – Iconic Minerals Ltd. (“Company” or “Iconic” )
(TSX-V: ICM) (OTC: BVTEF) (FSE: YQGB) is pleased to announce that it is planning
a spring drilling campaign as soon as the weather is conducive for en try into the Bonnie
Claire Lithium Deposit in Nevada.
Iconic has received an update from St -Georges Eco-Mining Corp. (“St-George”) (CSE:
SX) regarding Phase 2 metallur gical testing of the lithium -rich sediment from Iconic’s
Bonnie Claire lithium deposit in Nevada . Iconic is encouraged by this update and is
sending additional drill cuttings to meet St-Georges’ requests and allow further progress
toward completing the Phase 2 report.
St-Georges is proceeding with the next stages of tests within Phase 2 , where its current
focus is t he optimization of chemicals consumption and purification steps to me et the
requirements for lithium hydroxide . Iconic looks forward to receivi ng further
metallurgical results from St Georges.
The Bonnie Claire Lithium Property Characteristics:
The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles)
long and 20 km (12 miles) wide. Quartz -rich volcanic tuffs, tha t contain anom alous
amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the
local salt flats has yielded lithium values up to 340 ppm. The gravity low within the
valley is 20 km (12 miles) long, and the current estimates of depth to ba sement rocks
range from 600 to 1, 200 meters (2,000 to 4,000 fe et). The current claim block covers an
area of 35 km2 (13.5 mi2) with potential to be underlain by lithium-rich sediments.
On behalf of the Board of Directors
SIGNED: “Richard Kern”
Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614
For further information on ICM, please visit our website at www.iconicminerals.com
The Company’s public documents may be accessed at www.sedar.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.