- Couloir Capital Ltd. updates the research coverage and target price on Ion Energy Ltd. (ION)
- Ion Energy Ltd is Mongolia’s first lithium brine explorer and developer, with licences spanning a combined landmass of over 100,000 hectares
- ION also holds the 29,000+ hectare Urgakh Naran highly prospective Lithium Brine licence in Dorngovi Province in Mongolia
- Ion Energy Ltd. (ION) is up 1.89 per cent, trading at C$0.54 at 10:35 am ET
Couloir Capital has updated the research coverage and target price on Ion Energy ( ION).
The update report is titled, “Maiden Drilling Programs Conducted at Flagship Project and Newly Acquired Property.”
Report excerpt: “ION has progressed substantially since our previous update report, leveraging a successful $5.75 million equity financing to significantly advance its mineral asset portfolio through exploration. Apart from completing flagship project Baavhai Uul’s inaugural drilling program, ION has also acquired a new lithium-prospective project in relative proximity, extending its portfolio and potential catalyst pipeline. With another maiden drilling program set to commence at its new property, we believe that ION has become a significantly more active company relative to our previous reports, as momentum from exploration and portfolio expansions drives the company’s growth and enables further catalysts.”
Ion Energy is Mongolia’s first lithium brine explorer and developer, with licences spanning a combined landmass of over 100,000 hectares.
Ali Haji, CEO and Director of Ion Energy sat down with Caroline Egan to discuss the company’s maiden drill program on its flagship Baavhai Uul lithium brine project.
ION’s 81,000+ hectare Baavhai Uul lithium brine project represents the first and largest lithium brine exploration licence awarded 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.
Ion Energy Ltd. (ION) is up 1.89 per cent, trading at C$0.54 at 10:35 am ET.
