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Iconic $ICM.ca Initiates Drilling Program at Bonnie Claire Lithium Project, Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca

Posted by AGORACOM-JC at 9:12 AM on Tuesday, August 11th, 2020
  • Announced that it has mobilized a drill crew and drilling equipment to the Bonnie Claire Lithium Deposit in Nevada
  • Exploration program will consist of 3-5 vertical reverse circulation (RC) holes 90-120 meters (300-400 feet) in depth and 2 vertical core holes 90-120 meters (300-400 feet) in depth

Vancouver, British Columbia–(August 11, 2020) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”) is pleased to announce that it has mobilized a drill crew and drilling equipment to the Bonnie Claire Lithium Deposit in Nevada. The drilling contract was signed with Harris Exploration Drilling of Fallon, Nevada, for both core and RC drilling.

The exploration program will consist of 3-5 vertical reverse circulation (RC) holes 90-120 meters (300-400 feet) in depth and 2 vertical core holes 90-120 meters (300-400 feet) in depth (the “Drill Holes”). The RC drilling will provide additional samples for metallurgical testing as well as expand the existing resource. The core holes will be the first drilled on the Bonnie Claire Project, and will be used in engineering studies for a Preliminary Economic Assessment (PEA).

All of the planned Drill Holes are south of Iconic’s previous deep drilling (BC1601-1801) in an area of linear lithium anomalies found by surface grid sampling. It is hoped that the sediment hosted lithium will begin very shallow in this area which may allow for future bulk sampling using an excavator. In past drilling the shallowest depth of lithium rich sediments that was intercepted was at 6 meters (20 feet) and contained +600 ppm Li, which increased at depth with Li values up to 2250ppm. In addition to collecting the sediments for testing, because the surface anomalies may indicate near-surface lithium brine, preliminary semi-quantitative brine samples will also be taken from all holes during drilling.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 35 km2 (13.5 mi2) with potential to be underlain by lithium-rich sediments.

On behalf of the Board of Directors

SIGNED: “Richard Kern

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com
The Company’s public documents may be accessed at www.sedar.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Iconic $ICM.ca Provides Update on Drilling Program and Phase 2 Metallurgical Testing For Bonnie Claire #Lithium Project, Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca

Posted by AGORACOM-JC at 10:15 AM on Thursday, February 20th, 2020
  • Announced that it is planning a spring drilling campaign as soon as the weather is conducive for entry into the Bonnie Claire Lithium Deposit in Nevada
  • Iconic has received an update from St-Georges Eco-Mining Corp. regarding Phase 2 metallurgical testing of the lithium-rich sediment from Iconic’s Bonnie Claire lithium deposit in Nevada

Vancouver, British Columbia–(February 20, 2020) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”) is pleased to announce that it is planning a spring drilling campaign as soon as the weather is conducive for entry into the Bonnie Claire Lithium Deposit in Nevada.

Iconic has received an update from St-Georges Eco-Mining Corp. (“St-George”) (CSE: SX) regarding Phase 2 metallurgical testing of the lithium-rich sediment from Iconic’s Bonnie Claire lithium deposit in Nevada. Iconic is encouraged by this update and is sending additional drill cuttings to meet St-Georges’ requests and allow further progress toward completing the Phase 2 report.

St-Georges is proceeding with the next stages of tests within Phase 2, where its current focus is the optimization of chemicals consumption and purification steps to meet the requirements for lithium hydroxide. Iconic looks forward to receiving further metallurgical results from St Georges.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 35 km2 (13.5 mi2) with potential to be underlain by lithium-rich sediments.

On behalf of the Board of Directors

SIGNED: “Richard Kern

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicminerals.com
The Company’s public documents may be accessed at www.sedar.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/52593

Iconic Minerals $ICM.ca – Better #battery tech could boost #EV range, speed up charging $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca

Posted by AGORACOM-JC at 5:06 PM on Wednesday, November 27th, 2019

SPONSOR: Iconic Minerals Ltd. ICM:TSX-V Bonnie Claire Lithium Property hosts Inferred resource of 11.8 billion pounds of lithium carbonate equivalent and has the potential to be the largest lithium resource globally. Learn More.

Better battery tech could boost EV range, speed up charging

At least if battery manufacturers can keep up with demand as electric power expands.

  • Battery demand is surging as conventional automakers catch EV religion
  • Along with US automakers, German giant Volkswagen now has a massive EV push
  • And Japan’s Toyota, taken by surprise when EV demand grew faster than it expected, is pushing battery-powered car development and working on battery supply deals.

Stephen Shankland November 25, 2019

Ford’s first electric SUV, the Mustang Mach-E, arrives next year, and it shows just how far we’ve come with EVs. Mainstream carmakers like Nissan, General Motors, BMW, Hyundai, Jaguar and Porsche are filling a field that once belonged to counterculture icon Tesla. And better batteries should keep the new models coming.

At the IDTechEx conference this week, startups showed off new battery technology that improves on today’s lithium-ion designs. The developments increase driving range, cut costs, extend useful lifespan, speed up charging and reduce fire risks. That’ll continue the kind of steady progress that’s more common in the computer industry than the car industry.

For now, the improvements are mostly in labs, and many of them won’t arrive until well into the next decade. But they’re an important foundation for the dreams of EV proponents, who want to see conventional cars that belch greenhouse gases replaced by cleaner, quieter electrics. Once passenger cars are plug-in, expect to see electric trucks, tractors, excavators, buses and even airplanes.

Burgeoning battery startups

The most important battery improvement is in energy density, the amount of kilowatt-hours of juice that can be stored in a given mass. That can extend range, cut battery costs and reduce vehicle weight, which in turn improves range. Startups are racing to achieve that and other improvements through changes to anodes, cathodes and other components.

Enevate, an Irvine, California-based startup whose investors include battery giant LG Chem, expects more storage capacity and dramatically faster charging. The company sees charging times dropping to just five minutes for a three-quarter charge. Conventional gas stations could be converted into “drive-through charging stations,” Executive Vice President Jarvis Tou said.

Another, Solid Battery, plans solid-state cells that do away with liquid elements and increase energy density by 50%, according to Chief Executive Douglas Campbell. His company’s approach has “the best blend of performance and manufacturability” and boosts safety, and BMW and Ford have development agreements with the company, he said.

Global Graphene Group also plans to improve batteries by encasing silicon in the anode with graphene, an exotic form of carbon sheets only one atom thick. The result, according to CEO Bor Jang, a longtime graphene researcher, will be batteries costing 30% less and powering EVs with a 700-mile range. Jang expects those batteries can be fully charged in five to 15 minutes.

Will EV demand mean battery shortages?

It all sounds promising, but burgeoning demand could cause battery costs to increase. Indeed, battery supply constraints mean Ford will make only 50,000 Mustang Mach-E vehicles in 2021.

“The demand is going to be enormous,” IDTechEx analyst Peter Harrop said of vehicle batteries. “We keep revising our forecasts upwards.”

Battery demand is surging as conventional automakers catch EV religion. Along with US automakers, German giant Volkswagen now has a massive EV push. And Japan’s Toyota, taken by surprise when EV demand grew faster than it expected, is pushing battery-powered car development and working on battery supply deals.

Electric vehicle sales should increase from 2 million in 2018 to 10 million in 2025, BloombergNEF forecasts. No wonder Tesla, which just announced its Cybertruck pickup on Thursday, is working on building its own batteries.

Analyst firm IDTechEx expects electric vehicles used for construction, agriculture and mining to outsell electric passenger cars. IDTechEx; photo by Stephen Shankland/CNET

Rising costs could slow the spread of electric power to all sorts of other industries, too, like construction, agriculture, mining, mass transit and aircraft.

Battery progress will help all these new industries become greener and quieter only if all that extra energy can be squeezed more tightly into cells without increasing risks of fires and explosions. Lithium-ion battery fires grounded Boeing’s early 787 Dreamliner aircraft, and there have been problems in large batteries for grid-scale energy storage because of insufficient testing, Harrop said.

“The industry is cutting corners in the race to get energy density, faster charging and longer cycle life,” Harrop said. “The fires will continue.”

Electric aircraft, too

Still, many companies, like French aerospace giant Airbus and US rival Boeing, believe batteries are coming.

Startup Ampaire is banking on a hybrid aircraft that marries conventional fuel-powered engines with battery-powered motors for propeller-powered aircraft common on short-haul routes. They’ll be much quieter at takeoff and will cut fuel use, a major constraint for short flights that are canceled when fuel costs increase, said Pete Savagian, the company’s senior vice president of engineering.

A larger scale hybrid due in 2021, the Airbus E-Fan X prototype jet will swap out one of its four conventional jet engines with a 2-megawatt electric motor, said Bruno Samaniego López, a power and electrical engineering leader at the company. A new single-aisle jet with 20MW of electrical power is planned after that, he adds.

“We are very committed to this ambitious path of electrification,” Samaniego López said. “It is happening, and it will be the future.”

Source: https://www.cnet.com/roadshow/news/better-battery-tech-could-boost-ev-range-speed-up-charging/

Iconic Minerals $ICM.ca – #Lithium Ion #Battery Market Growth Factors, Demand and Trends $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca Forecast

Posted by AGORACOM-JC at 2:00 PM on Monday, November 25th, 2019

SPONSOR: Iconic Minerals Ltd. ICM:TSX-V Bonnie Claire Lithium Property hosts Inferred resource of 11.8 billion pounds of lithium carbonate equivalent and has the potential to be the largest lithium resource globally. Learn More.

Lithium Ion Battery Market Growth Factors, Demand and Trends Forecast

  • In recent years, the growth in the industrial automation has been highly eye-catching
  • This has been particularly beneficial for the development of the global lithium ion battery market for the application of material handling equipment
  • Global lithium ion battery market is driven by the growing penetration of smartphones, tablets, PCs, power tools, and digital cameras
  • Also witnessing an increase from the flourishing automobile industry

By: tmrresearch

Lithium Ion Battery Market – Snapshot

Lithium ion batteries are a type of rechargeable batteries that have high energy density. These batteries have a very wide range of application. However, primarily these lithium ion batteries are used in portable devices and equipment. The global lithium ion battery market is expected to witness a considerable growth over the course of the given forecast period with a considerable rise in the use of tablets, PC, smartphones, digital camera, and other power tools. These batteries have gained immense popularity in recent years, especially in the automobile production sector as they provide a solid alternative to the nickel metal batteries that are primarily used in manufacturing of electric cars. Another reason for their growing use is because of their light weight and small size that make them an ideal fit for a wide range of applications.

In recent years, the growth in the industrial automation has been highly eye-catching. This has been particularly beneficial for the development of the global lithium ion battery market for the application of material handling equipment. Over the years, several technological advancements have brought considerable growth in the material handling equipment sector. Some of the highly popular material handling equipment are automated guided vehicles, intralogistics systems, industrial trucks, and elevating equipment. Interestingly, all of these machine handling equipment are battery operated. With lithium ion’s stronger energy density, long lasting power, compact size, and light weight, these batteries are the most preferred option to be fitted across the equipment. Naturally, this has helped in the development of the global lithium ion battery market.

Lithium-ion batteries are rechargeable batteries that have high energy density and are used extensively in portable equipment. The global lithium ion battery market is driven by the growing penetration of smartphones, tablets, PCs, power tools, and digital cameras. The demand for Li-ion batteries is also witnessing an increase from the flourishing automobile industry. The demand for electric vehicles is increasing and with it, the demand for lithium ion batteries. The popularity of these batteries is increasing among automobile manufacturers as they are small in size and light in weight as compared to nickel metal batteries.

The lithium ion battery market is greatly fragmented with a large number of domestic players. These domestic players are accounting for a high share in the lithium ion battery market. There are small, medium, and large scale players in the industry and this is the reason behind the extreme competitive environment within the global lithium-ion battery market. The introduction of innovative and new technologies will help with the growth of the market. Many players are also investing in research and development and this will trigger increased competition among existing players. Product launches are a key strategy adopted by players in the industry. The lithium ion battery market players are also adopting the strategy of mergers and acquisitions so as to gain competitive edge and increase their customer base.

Global Lithium Ion Battery Market: Overview

Lithium-ion batteries are rechargeable batteries, in which lithium ions move from positive electrode to negative electrode during charging and back when discharging. These batteries are commonly used in consumer electronics. They make use of an intercalated lithium compound as an electrode material, compared to the metallic lithium used in a non-rechargeable lithium battery.  Besides that, their popularity is growing rapidly across sectors such as military, automotive, aerospace, and industrial.

Global Lithium Ion Battery Market: Key Trends

The various advantages offered by lithium ion batteries such as lightweight, rechargeable, environment-friendliness, high energy density, and no memory effect are boosting their adoption in smartphones, tablets, and automobiles. Hence, the proliferation of smartphones and tablets is providing a fillip to the global lithium ion battery market. Moreover, the escalating need for efficient and green solutions for power supply and energy storage is augmenting the market. Traditional batteries such as nickel-metal-hybrid, lead-acid, and sodium-sulfur have hazardous effects on the environment. In addition, the rising production of hybrid electric vehicles and electrical vehicles is creating a staggering volume of demand for these batteries in the automotive sector.

On the flip side, the higher cost of lithium ion batteries as compared to traditional batteries is limiting their widespread adoption. Furthermore, the risk of overheating and a subsequent fire associated with these batteries can pose a major threat to cars and other electronic devices, which in turn is restricting the lithium ion battery market from realizing its utmost potential.

Global Lithium Ion Battery Market: Market Potential

Several players in the global lithium-ion battery market are aiming at expanding their lithium ion battery facilities to enhance their visibility in the market. A case in point is Utility San Diego Gas and Electric (SDG&E) and AES Energy Storage, a subsidiary of Automotive Energy Supply Corporation, which in February 2017, inaugurated their new energy storage facility in Escondido, California, which they claim to be the world’s largest lithium-ion battery energy storage site. The capacity of this system is 30MW/120MWh and has the ability to store energy for the equivalent of 20,000 customers for four hours. Such steps taken by players are likely to scale up energy storage capacity and drive the market over the coming years.

Global Lithium Ion Battery Market: Regional Outlook

The segments covered in the lithium ion battery market report on the basis of geography are Asia Pacific, Latin America, North America, Europe, and the Middle East and Africa. Asia Pacific is expected to represent a sizeable share in the market throughout the review period. The domicile of a large number of key manufacturers is providing an edge to the region over other regions. Countries such as India, China, Singapore, Australia, and Japan will be sights of high growth in APAC. The growth of the lithium ion battery market in these countries can be attributed to the increasing regulations to reduce the carbon footprint and lead pollution.

North America will be a prominent lithium ion battery market during the same period. The increasing sales of electric vehicles along with the burgeoning demand for high-quality consumer electronics products are contributing to the growth of the region.

Global Lithium Ion Battery Market: Competitive Landscape

The global lithium ion battery market is highly consolidated in nature. Strict regulatory framework for the manufacturing of conventional batteries is attracting new players to invest in the market. The influx of new manufacturers is likely to make this market fragmented over the coming years. However, prominent players offer stiff competition to new entrants due to their competitive advantage in their terms of strong foothold and easy access to raw materials.

Research and development activities are expected to be the top priority for the majority of players to increase their shares in the market. Some of the key companies operating in the global lithium ion battery market are LG Chemical Power, Johnson Controls, Hitachi Chemical, Panasonic, Samsung, Toshiba, Sony, and AESC.

Source: https://statsflash.com/lithium-ion-battery-market-growth-factors-demand-and-trends-forecast-to-2025/420030/

Iconic $ICM.ca Announces Additional Metallurgical Results On Bonnie Claire Lithium Project, Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca $SXOOF

Posted by AGORACOM-JC at 1:24 PM on Thursday, July 25th, 2019
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  • St-Georges Eco-Mining Corp. (CSE: SX) has presented a Phase I Independent Review of its Phase I report titled “Bonnie Claire Metallurgical Evaluation and Process Development” to Iconic
  • SX has developed Nitric Acid leaching methodology that puts between 99.97% and 100% of the lithium from the sediments into solution at room temperature within 1-4 hours.
  • SX has reached the Phase 1 Benchmark which calls for the issuance of 2,000,000 of Iconic’s common shares to St-Georges.

Vancouver, British Columbia–(July 25, 2019) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB)  (“Iconic”) is pleased to announce that St-Georges Eco-Mining Corp. (CSE: SX) has presented a Phase I Independent Review of its Phase I report titled “Bonnie Claire Metallurgical Evaluation and Process Development” to Iconic. SX has developed Nitric Acid leaching methodology that puts between 99.97% and 100% of the lithium from the sediments into solution at room temperature within 1-4 hours. SX has reached the Phase 1 Benchmark which calls for the issuance of 2,000,000 of Iconic’s common shares to St-Georges. The shares will remain in escrow for three years. Iconic has also met its other obligations derived from this agreement by participating in St-Georges’ private placement in January 2019 for CAD $100,000.

Additional details of the Nitric Acid leaching is quoted below from an SX press release dated July 24, 2019:

St-Georges’ Process: Selective Leaching with Nitric Acid

Leaching with a passivating acid normally used to clean steel and passivate the welds of stainless steel was performed in the hope of selectively removing the magnesium (Mg) and all the salt metals like sodium (Na), calcium (Ca), lithium (Li) and magnesium (Mg).

The initial results with a 4-hour leach showed that all the salt metals and carbonate formations leached easily. This follows the logic of cleaning acid and leaves most of the other elements behind, such as silica (Si), alumina (Ai), potassium (K).

Multiple 1-hour leach tests confirmed the leaching of 100% of the lithium leaving behind most of the leachable elements from other acids such as potassium (K). The only loss of lithium that occurred during some of these tests was due to the water in the filter with the solids and represented less than 0.03% of the total lithium value. It also corresponds directly to the water retained with this type of fine material. Additional trials are being performed with reduced time of contact and temperature to optimize the lithium-bearing fines leaching.

The lithium in the super fines leached completely in each test performed with nitric acid. The trials to selectively optimize leaching the lithium with less calcium and magnesium are expected to be performed in the third quarter of 2019. It is expected that calcium can be reduced partially by filtering the coarser calcium formation as per SGS results and partially with less contact time with the acid. The same for magnesium. New samples will be treated once received.

Iconic looks forward to the SX Phase II report which will include plans for a pilot plant.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). Four drill holes have identified an open ended, 43-101 compliant resource of 28.58 billion kilograms of lithium carbonate equivalent. The drilling that defined the current resource only covered an area of 3.0 km2 (1.2mi2), while previously run MT geophysics show a potentially mineralized area of 27.3 km2 (10.5mi2). Drilling to date has shown strong correlation between the MT results and the lithium mineralization. The thickness of the lithium mineralization is unknown, but drilling indicates it is greater than 600 meters (2,000 feet). The current claim block covers an area of 57.5 km2 (22.2mi2). Further drilling has been permitted and metallurgy to determine the most efficient recovery method is currently in progress.

On behalf of the Board of Directors

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicmineralsltd.com. The Company’s public documents may be accessed at www.sedar.com.

Forward Statement: This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Iconic expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Iconic Minerals $ICM.ca – #lithium deployment in passenger #EVs up 47% y-o-y in May 2019 $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca

Posted by AGORACOM-JC at 5:04 PM on Thursday, July 18th, 2019

SPONSOR: Iconic Minerals Ltd. ICM:TSX-V Bonnie Claire Lithium Property hosts Inferred resource of 11.8 billion pounds of lithium carbonate equivalent and has the potential to be the largest lithium resource globally. Learn More.

ICM: TSX-V

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lithium deployment in passenger EVs up 47% y-o-y in May 2019

  • In May 2019, 47% more lithium carbonate equivalent (LCE) was deployed globally in batteries of passenger EVs than the same month the year prior, according to Adamas Intelligence’s latest subscription-based “EV Battery Lithium Monthly” report.
  • In total, 47% of LCE deployed globally in passenger EV batteries in May 2019 went into NCM 523 cells (primarily in the form of lithium carbonate), up from 43% the same month the year prior.

This increase in LCE deployment was driven primarily by two factors, Adamas said.

  1. Global sales of passenger HEVs, PHEVs and BEVs collectively increased by 12% in May 2019 versus May 2018, translating to an increase in deployment of li-ion batteries.
  2. Sales of high-capacity BEVs, such as the Tesla Model 3, BYD Yuan and Nissan Leaf PLUS/e+, made up a greater share of total passenger EV sales this year than they did last year, boosting the sales-weighted-average battery capacity of all EVs sold by 33% over the same period, translating to greater use of LCE per vehicle.

In total, 47% of LCE deployed globally in passenger EV batteries in May 2019 went into NCM 523 cells (primarily in the form of lithium carbonate), up from 43% the same month the year prior.

Similarly, 14% of LCE deployed globally in passenger EV batteries in May 2019 went into NCM 622 cells (primarily in the form of lithium hydroxide), up from 8% in May 2018.

Moreover, 2% of all LCE deployed globally in passenger EV batteries in May 2019 went into NCM 811 cells (primarily in the form of lithium hydroxide) versus near-negligible quantities deployed the same month the year prior.

In total, the collective market share of NCM 622 and NCM 811 cathodes (by capacity deployed) has doubled since May 2018, indicating increasingly heavy demand for lithium hydroxide and other precursors used in these chemistries. Source: https://www.greencarcongress.com/2019/07/20190717-adamas.html

Iconic $ICM.ca Initiates 2019 Exploration Plan at Bonnie Claire #Lithium Project, Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca

Posted by AGORACOM-JC at 12:27 PM on Wednesday, July 10th, 2019
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  • Preparing to mobilize to the Bonnie Claire project and initiate the 2019 exploration plan
  • Five drill holes averaging 90 meters (300 feet) depth will be drilled in the southern portion of the project area in an area of anomalous surface lithium values and interpreted faults

Vancouver, British Columbia–(July 10, 2019) – Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”)  is pleased to announce that it is preparing to mobilize to the Bonnie Claire project and initiate the 2019 exploration plan (“Exploration Plan”).

Five drill holes averaging 90 meters (300 feet) depth will be drilled in the southern portion of the project area in an area of anomalous surface lithium values and interpreted faults. Down-hole sediment samples will be collected continuously in 6 meter (20 feet) intervals and sent to a geochem lab for analysis.

In Addition to the commencement of the Exploration Plan, the Company would like to announce that it has received the draft report titled: “Bonnie Claire Metallurgical Evaluation and Process Development”, by St. Georges Eco Mining (‘SX”), who collaborated with an independent lab, SGS Lakefield Laboratories (“SGS”) where an elemental analysis and crystalline analysis of Bonnie Claire’s material were performed.

Iconic’s technical team is reviewing the report in conjunction with independent verification in accordance with 43-101 compliant standards.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). Four drill holes have identified an open ended, 43-101 compliant resource of 28.58 billion kilograms of lithium carbonate equivalent. The drilling that defined the current resource only covered an area of 3.0 km2 (1.2mi2), while previously run MT geophysics show a potentially mineralized area of 27.3 km2 (10.5mi2). Drilling to date has shown strong correlation between the MT results and the lithium mineralization. The thickness of the lithium mineralization is unknown, but drilling indicates it is greater than 600 meters (2,000 feet). The current claim block covers an area of 57.5 km2 (22.2mi2). Further drilling has been permitted and metallurgy to determine the most efficient recovery method is currently in progress.

Richard Kern, Certified Professional Geologist (#11494) and CEO of Iconic is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards.

On behalf of the Board of Directors

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at iconicmineralsltd.com. The Company’s public documents may be accessed at www.sedar.com

Forward Statement: This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Iconic expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/46170

CLIENT FEATURE: Iconic Minerals $ICM.ca Bonnie Claire Lithium Property Hosts Inferred Resource of 11.8B Pounds of Lithium Carbonate Equivalent $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca

Posted by AGORACOM-JC at 2:48 PM on Wednesday, June 12th, 2019

(TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB)

Bonnie Claire Property – Flagship

  • 11.8 Billion pounds of lithium carbonate equivalent (28.5 Million tonnes of LCE) Inferred Resource (43-101).
  • Potential to be the largest lithium resource globally (based on size)
  • Property area is contained within a valley that is 60kms from the only producing lithium mine in North America (Albermarle Silver Peak Mine).
  • Sampling of salt flats within the basin, have found lithium values in salt samples yielding up to 340 ppm.
  • Preliminary NI 43-101 Technical Report completed Read More
  • A total 5,550 feet has been drilled at the Bonnie Claire with an average 963+ppm from four drill holes
  • Great infrastructure
  • Local end-users
  • Recent favourable metallurgical results Read More

FULL DISCLOSURE: Iconic Minerals is an advertising client of AGORA Internet Relations Corp.

CLIENT FEATURE: Iconic Minerals $ICM.ca Bonnie Claire Lithium Property Hosts Inferred Resource of 11.8B Pounds of Lithium Carbonate Equivalent $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca

Posted by AGORACOM-JC at 12:26 PM on Friday, May 31st, 2019

(TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB)

Bonnie Claire Property – Flagship

  • 11.8 Billion pounds of lithium carbonate equivalent (28.5 Million tonnes of LCE) Inferred Resource (43-101).
  • Potential to be the largest lithium resource globally (based on size)
  • Property area is contained within a valley that is 60kms from the only producing lithium mine in North America (Albermarle Silver Peak Mine).
  • Sampling of salt flats within the basin, have found lithium values in salt samples yielding up to 340 ppm.
  • Preliminary NI 43-101 Technical Report completed Read More
  • A total 5,550 feet has been drilled at the Bonnie Claire with an average 963+ppm from four drill holes
  • Great infrastructure
  • Local end-users
  • Recent favourable metallurgical results Read More

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FULL DISCLOSURE: Iconic Minerals is an advertising client of AGORA Internet Relations Corp.

Iconic $ICM.ca Announces 2019 Exploration Plans Bonnie Claire Lithium Project in Nevada $LI.ca $MGG.ca $PAC.ca $CYP.ca $NEV.ca $SX.ca

Posted by AGORACOM-JC at 10:38 AM on Tuesday, April 23rd, 2019
  • Finalized plans for its 2019 drilling program at Bonnie Claire
  • Five drill holes averaging 90 meters (300 feet) depth will be drilled in the southern portion of the project area in an area of anomalous surface lithium values and interpreted faults

Vancouver, British Columbia–(April 23, 2019) –  Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (“Company” or “Iconic”) has finalized plans for its 2019 drilling program (the “Drilling Program”) at Bonnie Claire. Five drill holes averaging 90 meters (300 feet) depth will be drilled in the southern portion of the project area in an area of anomalous surface lithium values and interpreted faults. The purpose of the Drilling Program is to define shallow lithium mineralization which the Company can utilize for bulk sampling and extend the resource to the south. If results are favorable, one or more of the shallow holes will be deepened to +600 meters (2,000 feet) to further enlarge the resource. A map of the drilling, surface lithium sampling results and interpreted faults can be found on the Company website (www.iconicmineralsltd.com).

The Drilling Program is located 2-5 kilometers (1.3-3.1 miles) south of drill hole BC1602 (see map). The shallow holes will be drilled using a tracked or buggy reverse circulation (RC) rig suitable for the salt flats being tested. Down-hole sediment samples will be collected continuously in 6 meter (20 feet) intervals and sent to a geochem lab for analysis.

Drilling will be initiated when the wet season has ended and the salt flats dry sufficiently to allow access. This year has seen the fourth wettest season in history.

The Bonnie Claire Lithium Property Characteristics:

The Property is located within Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs, that contain anomalous amounts of lithium, occur within and adjacent to the valley. Geochemical analysis of the local salt flats has yielded lithium values up to 340 ppm. The gravity low within the valley is 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). Four drill holes have identified an open ended, 43-101 compliant resource of 28.58 billion kilograms of lithium carbonate equivalent. The drilling that defined the current resource only covered an area of 3.0 km2 (1.2mi2), while previously run MT geophysics show a potentially mineralized area of 27.3 km2 (10.5mi2). Drilling to date has shown strong correlation between the MT results and the lithium mineralization. The thickness of the lithium mineralization is unknown, but drilling indicates it is greater than 600 meters (2,000 feet). The current claim block covers an area of 57.5 km2 (22.2mi2). Further drilling has been permitted and metallurgy to determine the most efficient recovery method is currently in progress.

Richard Kern, Certified Professional Geologist (#11494) and CEO of Iconic is the Qualified Person who has prepared and reviewed this press release in accordance with NI 43-101 reporting standards.

On behalf of the Board of Directors

SIGNED: “Richard Kern”

Richard Kern, President and CEO
Contact: Keturah Nathe, VP Corporate Development (604) 336-8614

For further information on ICM, please visit our website at www.iconicmineralsltd.com. The Company’s public documents may be accessed at www.sedar.com

Forward Statement: This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Iconic expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44232