ioneer Limited (AU:INR) has released an update.
Ioneer Ltd. has reported promising drilling outcomes from the Shelf Zone at its Rhyolite Ridge Lithium-Boron Project in Nevada, with lithium grades surpassing 20% of the prior resource average and located in an environmentally sensitive area free of critical habitats. The Shelf Zone’s shallow and easily accessible mineralization, along with the company’s commitment to conservation, positions it for a significant ore reserve update and advancement in the federal permitting process. The Rhyolite Ridge project is on track to potentially become the first new lithium mine in the U.S. in nearly half a century.
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