Lithium Ionic Reports 32% Growth in Mineral Resources at Baixa Grande
Lithium Ionic Corp. has filed a technical report for its Baixa Grande Lithium Project, revealing a 32% increase in mineral resources. The MRE shows 6.52 million tonnes of Measured and Indicated resources, and 12.90 million tonnes in Inferred resources. The project is situated in Brazil’s lithium-rich region, enhancing the company’s foothold in the mining sector.
Lithium Ionic Corp. has submitted an independent NI 43-101 compliant technical report for its Baixa Grande Lithium Project in Minas Gerais, Brazil. This report, dated December 2, 2024, is linked to the recently updated Mineral Resource Estimate (MRE) announced on January 14, 2025, highlighting a significant 32% growth in resources. The report indicates a total of 6.52 million tonnes of Measured and Indicated resources grading 1.11% Li₂O and an additional 12.90 million tonnes in the Inferred category grading 0.96% Li₂O, reinforcing the project’s value within Brazil’s Lithium Valley.
The Baixa Grande Lithium Project marks a notable advancement for Lithium Ionic Corp., showcasing an increased mineral resource estimate essential for strengthening its market position. Competitive activities in the region further validate the project’s potential, emphasizing the area’s attractiveness for lithium mining. The technical report is pivotal for stakeholders, providing essential insights into the project’s feasibility and prospects for future development.
Original Source: www.globenewswire.com