ION's CEO & Technical Team Embark on Site Visits in Mongolia
ION's CEO & Technical Team Embark on Site
Visits in Mongolia
Toronto, Ontario--(Newsfile Corp. - April 18, 2022) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF)
(FSE: 5YB) ("
ION
" or the "
Company
") is excited to provide an operational update, while our team
conducts site visits in Mongolia.
ION Energy's CEO, Ali Haji, is in Mongolia for strategic site visits from April 16th to 26
th
, in anticipation
of sharing plans with the market for our pending drilling programs. He will be accompanied by senior
technical team members, including: ION Director,
Enkhtuvshin Khishigsuren
, with 30 years of
Mongolian mineral discovery experience,
Don Hains, P.Geo, MBA
, Lead Technical Advisor, and
Dr.
Mark King, PhD, PGeo
.
"Now that borders are fully open, I'm delighted to have foremost industry experts see our projects
firsthand and work with our Mongolian team to kick off the next phase of our fully-funded exploration
programs. Our preliminary results have reinforced the long-term lithium potential at our Baavhai Uul
project and Urgakh Naran projects, as we strive to play a pivotal role in Asia's battery metals supply
hub
.
I'm really excited to provide updates from Mongolia, over the coming days,"
says Ali Haji, CEO &
Director of ION Energy Ltd.
This visit also provides ION's CEO the opportunity to personally thank the dedicated exploration team
members for their commitment and flexibility since the onset of the pandemic, in furthering our maiden
drilling program at the flagship Baavhai Uul lithium brine site, while keeping each other safe and healthy.
ION's Exploration Programs:
This in-country visit is a significant milestone for ION Energy, after two years of pandemic-related delays
and border closures. The following highlights how the Company plans to advance each of these
programs:
TEM Geophysics; and
Hydrogeological Sampling
Figure 1.
Baavhai Uul and Urgakh Naran Projects' Site Visit.
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/6906/120728_2e5ccbe094873a90_002full.jpg
Figure 2.
Urgakh Naran 2022 Exploration Plans: Already Commenced
To view an enhanced version of this graphic, please visit:
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"Live from Mongolia": 15 minute Shareholder Summit - April 25th
:
Save the Date, and Join Us on April 25
th
at 8:30 am EST.
ION Energy's CEO will provide a quick update following the site visits, and you'll have an opportunity to
ask him questions about our next key milestones.
Register
HERE
.
About ION Energy Ltd.
ION Energy Ltd. (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) 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. Information about the Company is available on its website,
www.ionenergy.ca
, or under its profile on SEDAR at
www.sedar.com
.
For further information:
COMPANY CONTACT: Ali Haji,
, 647-871-4571
MEDIA CONTACT: Siloni Waraich,
, 416-432-4920
Cautionary Note Regarding Forward-Looking Information
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 news
release.
Information set forth in this news release contains forward-looking statements. Forward-looking
statements include estimates and statements that describe the Company's future plans, objectives or
goals, including words to the effect that the Company or management expects a stated condition or
result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates",
"expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are
based on assumptions and address future events and conditions, by their very nature they involve
inherent risks and uncertainties. Although these statements are based on information currently available
to the Company, the Company provides no assurance that actual results will meet management's
expectations. Risks, uncertainties and other factors involved with forward-looking information could
cause actual events, results, performance, prospects and opportunities to differ materially from those
expressed or implied by such forward-looking information. Forward looking information in this news
release includes, but is not limited to, the Company's objectives, goals or future plans, statements,
potential mineralization, exploration and development results, the estimation of mineral resources,
exploration and mine development plans, timing of the commencement of operations and estimates of
market conditions. Important factors that could cause actual results to differ materially from ION Energy's
expectations include, among others, uncertainties relating to availability and costs of financing needed in
the future, changes in equity markets, risks related to international operations, the actual results of
current exploration activities, delays in the development of projects, conclusions of economic evaluations
and changes in project parameters as plans continue to be refined as well as future prices of lithium, and
ability to predict or counteract potential impact of COVID-19 coronavirus on factors relevant to the
Company's business. There can be no assurance that forward-looking statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking statements.
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