Lithium Ionic

Financials:

Primary ticker: TSXV:LTH, OTCQB:LTHCF, FRA:H3N
Stages of development: Exploration, Development
Primary mineral: Lithium
Project to promote: Itinga Lithium Project
Project location: Brazil
Website: lithiumionic.com

Corporate presentation: Click here

Lithium Ionic is a Canadian mineral exploration company focused on lithium, a battery metal that is critical to powering the global electric revolution. Its 100%-owned Itinga lithium project is based in the region that hosts 100% of Brazil’s official lithium reserves in the pro-mining state of Minas Gerais. The project is located in proximity to the lithium-producing CBL mine and construction-stage Sigma Lithium Corp. who has defined the largest hard rock lithium deposit in the Americas. The area boasts excellent infrastructure, including highways, access to hydroelectrical grid power, water, and nearby commercial ports.

Cash: CAD30M
Debt: NIL

Management Profile

Blake Hylands – CEO

Mr. Hylands is a Professional Geoscientist with over a decade of experience in advanced and early-stage exploration. Mr. Hylands is co-founder of Troilus Gold Corp. where he led their technical team to the discovery of over eight million gold equivalent ounces at their development stage asset in northern Quebec. He has successfully trained and managed large teams with a focus in gold, base metals, and iron ore in Canada and internationally including South America and Europe. He has held numerous board positions for junior mining companies and has extensive professional experience in capital markets and community outreach including executive roles in corporate development and communications with First Nations. Mr. Hylands has a B.Sc in Geology from the University of Western in London Ontario.

What is your rationale for taking part in 121 Mining Investment?

We are looking to raise awareness of our project among investors

What recent news would you like to highlight to investors attending?

March 21, 2023 – Lithium Ionic drills 1.43% Li2O over 17.1m, 1.73% Li2O over 13.6m and 1.47% Li2O over 15m; 20,000m drilled to date with multiple thicker and higher-grade intercepts extending several well-mineralized veins to +400m down dip at the Bandeira Property, Minas Gerais, Brazil
March 13, 2023 – Lithium Ionic acquires Neolit Minerals, significantly expanding footprint in the Araçuaí Pegmatite District; includes drill results up to 1.71% Li2O over 9.8m, 1.53% Li2O over 11.4m and 1.22% Li2O over 13.8m
February 13, 2023 – Lithium Ionic Acquires Strategic Mining Claim in Minas Gerais, Brazil
January 24, 2023 – Lithium Ionic drills high-grade 1.69% Li₂O over 9.6m, 1.27% Li₂O over 10m and 1.61% Li₂O over 4.7m at its Bandeira target, Minas Gerais, Brazil
January 12, 2023 – Lithium Ionic 2022 Year-in-Review: Corporate Launch, Successful Exploration, and Upcoming Maiden Mineral Resource Estimate

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Continuous exploration results + Maiden Mineral Resource estimate in early 2023