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ION Energy provides Site Visit and Exploration Update

Ion Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is excited to provide an extensive operational and exploration update on the heels of the site visits in Mongolia in late April, to our Baavhai Uul and Urgakh Naran projects:

  • +81,000 hectare Baavhai Uul flagship project has shown ~25% lithium anomalies thusfar, as further drilling results are pending; and

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ION's CEO & Technical Team Embark on Site Visits in Mongolia

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 26th, 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.

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Aranjin Resources Announces Approval by TSXV of Agreement for Reciprocal Exploration with Ion Energy Ltd.

Aranjin Resources Ltd. (TSXV: ARJN) ("Aranjin") is very pleased to announce that the TSX Venture Exchange has approved the previously announced (see Press Release dated February 1, 2022) agreement between ION Energy Ltd. (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION") and Aranjin whereby the parties granted one another reciprocal exploration rights on their respective exploration licences within Mongolia.

Both ION and Aranjin will leverage one another's expertise in their respective metals, with Aranjin being granted a right to explore ION's properties for base metals (including copper, lead, zinc, nickel, cobalt and associated metals), and ION being granted a right to explore Aranjin's properties for lithium. This structured approach is aimed at enlarging both Parties' exploration area within the mineral rich regions of Mongolia, thus ensuring that both ION and Aranjin maximize their chances of carrying a property to the development stage.

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