- Couloir Capital has published a new research note on Ion Energy Ltd (ION)
- The report is titled “Maiden Drilling Results for Flagship Project and 2022 Drilling Work Commenced”
- In the report, the company’s flagship Baavhai Uul project is discussed, talking about results and its lithium potential
- Couloir Capital Ltd. is an investment research firm dedicated to providing opportunities in the natural resource exploration and development sectors
- Ion Energy (ION) is down just over 3 per cent, trading at C$0.32 at 3:39 pm ET
Couloir Capital, the lithium brine explorer and developer, has published a report on Ion Energy Ltd. (ION).
The report is titled “Maiden Drilling Results for Flagship Project and 2022 Drilling Work Commenced.”
The report discusses the company’s flagship Baavhai Uul project, talking about results and its lithium potential.
Couloir Capital also added that there is an “anomalous presence of copper and nickel at the project, offering further potential for the project to be a future supplier to the EV industry.”
In addition, there are talks about future work held on the property, having seen early signs/findings of high-grade lithium potential.
“We expect that positive findings at Urgakh Naran could build upon positive results from the 2021 drilling at Baavhai Uul and build a growth platform for ION to leverage in future exploration.”–from the report.
You can read the report in full on the Couloir Capital website.
ION Energy Ltd is Mongolia’s first lithium brine explorer and developer, with licences spanning over 100,000 hectares.
ION’s flagship project is the Baavhai Uul brine project, with roughly 81,000 hectares of land. It also represents Mongolia’s most significant and first lithium brine exploration licence award.
Couloir Capital Ltd. is an investment research firm dedicated to providing natural resource exploration and development opportunities.
Ion Energy (ION) is down just over 3 per cent, trading at C$0.32 at 3:39 pm ET.
