Lithium Miner Reports Outstanding Initial Results From Brazil Location

By: Dylan Sikes – AllPennyStocks.com News

Thursday, December 15, 2022

The need for lithium in today’s digital world is unending - from rechargeable laptops, cell phones and toys, to name just a few. And this Canadian lithium miner just reported excellent initial results on samples from testing sites.

Lithium Ionic Corp. (TSXV: LTH) announced excellent initial results from metallurgical tests carried out on drill core samples from two of several prospective 100%-owned lithium-focused properties in the state of Minas Gerais, Brazil, per its press release. The sites are located in proximity to the largest lithium hard rock deposit in the Americas.

Lithium Ionic’s CEO, Blake Hylands, said, “These initial met test results are very promising for the future of our project. Although additional test work is required, the initial samples tested have demonstrated that our main ore bodies can generate a high-quality spodumene concentrates.”

Shares were trading at $1.72 in early afternoon trade.

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