Couloir Capital Ltd. Is Pleased to Announce the Updating of Research Coverage and Price Target on Ion Energy Ltd.

Couloir Capital Ltd. is pleased to announce the updating of research coverage and price target on ION Energy Ltd. (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB). The report is titled, "Lithium Junior Commences Exploration at Large-Scale Baavhai Uul Lithium Project."

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 Energy 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.

About Couloir Capital Ltd.

Couloir Capital Ltd. is an investment research firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes and strategies. Couloir Capital Ltd. is affiliated with a registered securities dealer, Couloir Capital Securities Ltd., and an investment entity, the West Cirque Fund Limited Partnership.

For further information, please contact:

Rob Stitt, Managing Director, Couloir Capital Ltd.
Email: rstitt@couloircapital.com
www.couloircapital.com

Analyst Disclosure: The analyst and / or affiliated companies hold shares in ION Energy Ltd.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73340

News Provided by Newsfile via QuoteMedia

The Conversation (0)
International Lithium CEO and Chairman John Wisbey.

International Lithium Seeks Partner for Raleigh Lake Lithium Project

Following the filing of its preliminary economic assessment (PEA) for the Raleigh Lake lithium project, International Lithium (TSXV:ILC) is now seeking potential partners to advance the project to production, the company’s chairman and CEO, John Wisbey, explained.

“We’re going to do more work towards getting (the project) to the next stage,” he said, adding that the PEA pegs the pre-production capital cost at C$111.9 million.

“That's quite a lot of money, so we’re definitely looking for partners for that right now for the right terms, and there are many ways that could be done," added Wisbey.

Keep reading...Show less
AM Resources (TSXV: AMR)

AM Resources Identifies 49 New Pegmatites on its Significant Land Package in the Austrian Pegmatite Belt

AM Resources Corporation (“AM Resources” or the “Company”) (TSXV: AMR) (Frankfurt: 76A), a dynamic junior mining company focused on the exploration and development of high-potential pegmatite lithium deposits, is pleased to announce the discovery of 49 new pegmatites within an area of 12,32 km2. These pegmatites consolidate the Company’s strategic position in one of Austria’s most prospective lithium areas.

  • Recently announced 1,500 km2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt (see press release dated March 21, 2024).
  • Land package also includes the Valerie Property, where 27 pegmatites have been identified over an area of 7.2 km2, and the Emilia Property, where 22 pegmatites have been identified over an area of 5.12 km2.
  • AM Resources properties are located within a 620 km radius of 14 battery plants.

AM Resources’ 1,500 km2land package

Keep reading...Show less
Pursuit Minerals

Pilot Plant Commences First Phase of Operations

Pursuit Minerals Ltd (ASX: PUR) (“PUR”, “Pursuit” or the “Company”) is pleased to provide the following update on key developments for its Lithium Carbonate Pilot Plant which has commenced the first phase of operations to produce Lithium Carbonate.

Keep reading...Show less
First Nations totem pole with mining trucks.

First Nations Engagement Key as Critical Minerals Boom Sweeps Canada

As Canada prepares to ramp up its efforts to supply the growing critical metals value chain, consulting with the country’s many First Nations communities is becoming more important than ever.

Demand for these key metals is projected to balloon over the next two decades. It is estimated that by 2050, 1.4 billion metric tons of copper will be required to facilitate electrification needs, with dozens of new mines needed.

For context, the total amount of copper mined throughout human history only tallies 700 million metric tons.

Keep reading...Show less
Nevada Sunrise Metals President and CEO Warren Stanyer.

Nevada Sunrise Metals CEO Shares 2024 Plans to Advance Gemini Lithium Project

Nevada Sunrise Metals (TSXV:NEV) President and CEO Warren Stanyer said the company's next steps at its Gemini lithium project in Nevada are to undertake further drilling, bring it to the preliminary economic assessment( PEA) stage and find the right partners to move it forward.

“We drilled five holes right into the spring of 2023. That led to the production of a NI 43-101 compliant resource of 7.1 million metric tons of lithium carbonate equivalent, which is beyond our expectations. We really didn't know what we were going to get,” he said. “The deposit is open in basically all directions. So really it's drilling more, getting to the PEA stage (and) attracting a big industry partner. Those are our goals for the project.”

Gemini has emerged as one of the world's largest lithium resources, and the fourth largest in the US, according to Stanyer. And with more drilling planned for the project, the company is preparing to finance the next steps for Gemini.

Keep reading...Show less
Galan Lithium

Galan Investor Presentation Singapore March 2024

Galan Lithium Limited (ASX:GLN) (Galan or the Company) is pleased to present its investor presentation.

Click here for the full ASX Release

Keep reading...Show less

Latest Press Releases

Related News

×