Ion Energy (TSXV:ION)

ION Energy

TSXV:ION

First-mover Advantage for Lithium in Southeast Mongolia

​​Company Highlights

  • ION Energy is the first mover in-country on lithium exploration, and holder of one of the largest mining licenses in Mongolia, with more than 100,000 hectares of lithium brine property, consisting of two projects: Baavhai Uul and Urgakh Naran
  • Management owns 25 percent of the company
  • Accomplished management team with extensive experience working with the Mongolian government
  • Has solidified its vision of becoming a global diversified lithium company, by acquiring a Canadian lithium pegmatite asset in the NWT.
  • The company has acquired The Little Nahanni claims and Bliss Lake Lithium Pegmatite Project in NWT, Canada.
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Overview

ION Energy Ltd. (TSXV:ION, OTC:IONGF, FSE:5YB) is a battery metal exploration company focusing on lithium exploration in southeast Mongolia. The company holds one of the largest mining licenses in Mongolia and is leveraging its first-mover advantage to explore an area of more than 80,000 hectares containing lithium brine targets.

The global lithium market is projected to grow to US$6.62 billion by the end of 2028 driven by demand from the green energy and electric vehicle markets. Rising concern over global carbon emissions is leading to the increasing adoption of green technologies, including electric vehicles and large-scale energy storage solutions, all of which require massive amounts of battery metals like lithium, cobalt and nickel. Governments around the world, including the United States and China, are working to secure a steady supply of battery metals to prepare for a green energy future.
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Overview

ION Energy Ltd. (TSXV:ION, OTC:IONGF, FSE:5YB) is a battery metal exploration company focusing on lithium exploration in southeast Mongolia. The company holds one of the largest mining licenses in Mongolia and is leveraging its first-mover advantage to explore an area of more than 80,000 hectares containing lithium brine targets.

The global lithium market is projected to grow to US$6.62 billion by the end of 2028 driven by demand from the green energy and electric vehicle markets. Rising concern over global carbon emissions is leading to the increasing adoption of green technologies, including electric vehicles and large-scale energy storage solutions, all of which require massive amounts of battery metals like lithium, cobalt and nickel. Governments around the world, including the United States and China, are working to secure a steady supply of battery metals to prepare for a green energy future.
Locatoin Map

The Mongolian government has granted ION Energy one of the largest exploration licenses in the country for the company’s Baavhai-Uul project in the Sukhbaatar province. The 81,758-hectare asset contains high-grade, near-surface lithium brines of up to 810 parts per million (ppm) with low potassium and magnesium ratios, which makes for better crystallization of the lithium hydroxide. ION Energy is the first company to be granted a license for this asset, which has never been mined before. Previous exploration work has been conducted on the project by the Technical University of Mongolia and the Mongolian government.

The potential for significant deposits is driven by the geology of Southeast Mongolia, which mirrors the famed Lithium Triangle of South America. Like the Lithium Triangle, the region is an endorheic basin contained within a low precipitation zone.

ION Energy’s management team has extensive experience working with the Mongolian government, which has been largely supportive of mining exploration within the country. The Mongolian economy is largely commodity-based and is considered by the World Bank to be stable and growing. Mongolia’s Foreign Investment Promotion and Protection Agreement (FIPA) with Canada, signed in 2017, established a legal framework under which Canadian investors working in Mongolia are offered greater predictability and certainty for their investments.

Outside of Mongolia, ION Energy is exploring opportunities in Canada. It has signed a definitive agreement to acquire the Bliss Lake Lithium Pegmatite project in the Northwest Territories. The project is 5,798 hectares in area and totals five contiguous licenses. It is located less than 15 kilometers from Li-FT Power Ltd's "Road Access Group," where numerous lithium-bearing pegmatites have been identified and sampled with over 1 percent lithium oxide. Numerous pegmatite occurrences have been identified from landsat images on the Bliss Lake Project, the largest of which is interpreted to be more than 300 meters in strike length.

Company Highlights

  • ION Energy is the first mover in-country on lithium exploration, and holder of one of the largest mining licenses in Mongolia, with more than 100,000 hectares of lithium brine property, consisting of two projects: Baavhai Uul and Urgakh Naran
  • Management owns 25 percent of the company
  • Accomplished management team with extensive experience working with the Mongolian government
  • Has solidified its vision of becoming a global diversified lithium company, by acquiring a Canadian lithium pegmatite asset in the NWT.
  • The company has acquired The Little Nahanni claims and Bliss Lake Lithium Pegmatite Project in NWT, Canada.

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*Disclaimer: This profile is sponsored by ION Energy ( TSXV:ION ). This profile provides information which was sourced by the Investing News Network (INN) and approved by ION Energy in order to help investors learn more about the company. ION Energy is a client of INN. The company's campaign fees pay for INN to create and update this profile.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with ION Energy and seek advice from a qualified investment advisor.

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