Iconic Receives Metallurgical Testing Update from St-Georges Eco-Mining Corp. for Bonnie Claire Lithium Project, Nevada Vancouver, British Columbia--(Newsfile Corp. - December 20, 2018) - Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) ("Company" or "Iconic") has received an update from St-Georges Eco-Mining Corp. ("St-Georges") regarding further metallurgical testing of Bonnie Claire lithium bearing sediments. See St-Georges News Release dated December 20, 2018, which describes the increase in lithium concentration using mechanical separation and selective leaching of other elements from the lithium-rich sediments. It is anticipated that a full report will be received from St-Georges in January 2019, which will allow a determination of the potential positive impact on their processing methodology at Bonnie Claire. The report is expected to contain Li recoveries, economics and pilot plant parameters. 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. 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 Ltd. just filed new SEDAR documents: MD&A - English https://www.sedar.com/GetFile.do?la...ssuerType=03&projectNo=02859901&docId=4442147 Audited annual financial statements - English https://www.sedar.com/GetFile.do?la...ssuerType=03&projectNo=02859900&docId=4442143
https://webfiles.thecse.com/MonthlyReportSXDecember2018.pdf?70VTaoPkpwQ.ON2bE6xsk8B709yHaiGP Metallurgy Lithium Extraction from Clay. On December 20, 2018 the company announced in a press release that successful selective leaching to remove Magnesium Oxide (MgO) and Calcium Oxide (CaO) was achieved. St-Georges tested its metallurgical process in a simulated industrial environment using large quantity of material received in September from the Bonnie Claire deposit owned 100% by its partner Iconic Minerals Ltd. (TSX-V: ICM). 5 independent laboratories participated in the effort. The initial mechanical separationstep was tested with an equipment vendor in Pennsylvania. The results show that 55% of the mass can be removed while concentrating the lithium without the use of water and chemicals. Second stage floatation testing in a liquid medium was initiated in December. These tests conducted with third party laboratories were suspended for the holidays and are planned to be restarted in early January. The early results show that by selectivel eaching St-Georges successfully and consistently leached more than 90% of thelithium into solution and it is expected that the process plant can be significantly reduced. The R&D team will be incorporating this innovation on future testing and optimizing the process flow sheet with this breakthrough. St-Georges’ metallurgists have tested many different acids and what they leach easily and can now sequence them to optimize the purification process and selectively leach elements to optimize by-product credits. In addition, successful concentration trials have been performed and St-Georges expects to further reduce the total feed to the proposed process plant. The company expects to file its first provisional patent in regards to the lithium-from-clay extraction technology in the coming days.
https://ceo.ca/@thenewswire/st-georges-updates-on-financing-effort St-Georges Updates on Financing Effort "...Furthermore, the Company was notified by Iconic Minerals ltd (TSX-V: ICM) of its intention to execute its option to invest $100,000 into the share capital of St-Georges on the same terms that its most recent offering, as per its contractual obligations under the lithium-in-clay technology development agreement (see press releases dated December 7, 2017)."
Iconic Announces Change of Directors Vancouver, British Columbia--(Newsfile Corp. - January 14, 2019) - Iconic Minerals Ltd. (TSXV: ICM) (FSE: YQG) announces the appointment of Keturah Nathe to the Board of Directors, taking the place of Joseph Charland, who has resigned. Ms. Nathe, who has acted as the Company's Vice-President Corporate Development since 2013, has 11 years' experience in the resource finance and management industry, including investor relations, corporate finance, mergers and acquisitions, corporate development and corporate management. Iconic welcomes Ms. Nathe, and thanks Mr. Charland for his 3 years of service on the Board of Directors. 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.
St-Georges Lithium Extraction Technology Update Montréal / TheNewswire / January 16, 2019 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to report that it successfully improved its lithium-in-clay extraction technology, as well as an important breakthrough regarding the processing of hard rock material. The Company previously reported back in December (See Press Release Dated December 20, 2018) that it had achieved the removal, by mechanical means, of 55% of the material processed from the Bonnie Claire lithium deposit fully owned by its partner Iconic Minerals ltd (TSX-V: ICM). At that point, 90% of the lithium contained in the initial material was later found in solution to be processed for recovery. Additional tests have now improved the outlook on the recovery grade. Stage 2 selective leach processing has eliminated 70% of the material contained in the pregnant portion of the initial material. The company is now pleased to report that it found 100% of the initial lithium in solution post-leaching. The subsequent solution now represent between 12 to 15% of the initial material. These simple steps eliminate the need for expensive processing of 85 to 87% of the initial material while retaining 100% of the lithium contained in the material from the deposit. This increase the lithium grade of the material to be further processed by 6 to 8 times. From the 100% initial material, 55% is discarded mechanically, low cost lixiviation sets aside between 68 to 73% of the remaining material leaving approximately only 12 to 15% to be processed further. The company is currently working on improving the leaching selectivity within its phase 2 development efforts. Phase 3 testing will focus on purifying the lithium to reach lithium hydroxide commercial quality. Extraction of lithium from hard rocks. The company has successfully tested its leaching approach with spodumene and other clay formations of lithium without pressure, calcining and high temperatures. This development can be applied to any hard feed which includes tailings, clay and hard rocks. St-Georges metallurgists are planning to initiate tests in the coming days with lepidolite lithium material available from St-Georges’ LeRoyal Project. Joel Scodnick, P.Geo, a qualified person under NI 43-101 has reviewed and approved the technical content of this release. ON BEHALF OF THE BOARD OF DIRECTORS “Frank Dumas” FRANCOIS (FRANK) DUMAS, DIRECTOR & COO About St-Georges St-Georges is developing new technologies to solve the some of the most common environmental problems in the mining industry. The Company controls directly or indirectly, through rights of first refusal, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec's North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi region. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release. Copyright (c) 2019 TheNewswire - All rights reserved.
Iconic Receives Metallurgical Phase 2 Testing Update from St-Georges Eco-Mining Corp. for Bonnie Claire Lithium Project, Nevada Vancouver, British Columbia--(Newsfile Corp. - January 16, 2019) - Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) is pleased to announce that it has received an update from St-Georges Eco-Mining Corp. ("St-Georges") regarding Phase 2 metallurgical testing of the lithium-rich sediments (the "Sediments") from Iconic's Bonnie Claire lithium deposit in Nevada. St-Georges' metallurgists report that they have successfully improved the concentration of lithium in the Sediments, originally reported in December (refer to news release December 20, 2018) using mechanical separation and selective leaching of other elements within the Sediments. The additional tests St-Georges completed in Stage 2, through selective leaching methods, have improved the elimination of barren material from 55% to 85%-88%, while retaining 100% of the lithium. Upon completion approximately 12% to 15% of the original material remains for further processing and purification. This process may significantly reduce the cost of production. St-Georges is proceeding with the next stage of tests within Phase 2, where it hopes to improve the leaching selectivity. 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.
Recent Intellectual Property Developments Montréal, January 20, 2019 / TheNewswire / St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to report two important technology developments attained by St-Georges’ metallurgical team in relation to lithium extraction and ZeU’s coders in relation to Random Number Generation on the blockchain. Provisional patents were filed in both cases. Lithium Extraction Provisional Patent St-Georges is presenting a simple, efficient, and economical process for beneficiating lithium-containing ores. The lithium values of a fraction of lithium-containing ores are floated from gangue slimes by a froth flotation process wherein an aqueous pulp of the ore is treated with a conditioning reagent, which improves the selectivity of anionic collectors to spodumene and other lithium values. The conditioning reagent is added to and thoroughly mixed with the ore pulp before the pulp is subjected to conventional froth flotation in the presence of an anionic collector as the flotation agent. This method eliminates the need for high-temperature, high-pressure vessels and avoids the need of roasting or calcination, thus producing a smaller environmental footprint. This provisional patent was filed under the title ‘Method of Mineral Recovery’. The Company is planning to conduct further tests in the coming days and will follow with the delivery of a confidential draft report to its partner, Iconic Minerals (TSX-V:ICM), that will cover the phase 1 of the development agreement and encompass some elements of the phase 2 for which testing was accelerated. ...
Iconic Minerals Ltd. just filed new SEDAR documents: MD&A - English https://www.sedar.com/GetFile.do?la...ssuerType=03&projectNo=02868845&docId=4453980 Interim financial statements/report - English https://www.sedar.com/GetFile.do?la...ssuerType=03&projectNo=02868838&docId=4453978
Update on Lithium Extraction Technology Provisional Patent (TheNewswire) Montréal, Quebec / TheNewswire / January 30, 2019 – St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) would like to provide important information in regards to the provisional patent filing mention in its January 20, 2019 press release and pertaining to its lithium extraction technology initiatives. In the Company last press release, the text regarding the provisional patent filed under the name ‘Method of Mineral Recovery’ was incomplete as it omitted important elements of the innovation claim contained in St-Georges provisional filing. The portion of the text related to lithium extraction technology refers solely to the prior art on which the St-Georges innovation and new patent evolves from. It covers a portion of stage 1, the concentration phase, and is being improved upon. This prior art comes from United States Patent 4098687, Published 07/04/1978 and titled ‘Beneficiation of lithium ores by froth flotation’. This patent is now in the public domain. (…), the lithium values fraction of lithium-containing ores is floated from gangue slimes, preferably without the use of a desliming step, by a froth flotation process wherein an aqueous pulp of the ore is treated with a conditioning reagent which improves the selectivity of anionic collectors to spodumene and other lithium values. … The conditioning reagent is added to and thoroughly mixed with the ore pulp before the pulp is subjected to conventional froth flotation in the presence of an anionic collector as the flotation agent (…)” (Extracts of the historical patent) Although there are important differences in our approach, mainly by initially reducing the amount of material to be froth floated by 55% by adding a prior concentration step using a method of air classification and the fact that we are using this similar approach to treat clays and fines, it is important to point out that the concentration is not our innovation core claim. The Provisional Patent Innovation Claim The keys to the invention are using water saturated with silicate salts or other similar substitutes with reagents that make the lithium be attracted to air for successful flotation. Clay materials that are superfine generally do not concentrate well in water. The combination of nitric acid leach with a controlled dosage of citric acid with saturated salt solution for froth flotation has not been done together previously. St-Georges has been working on low-grade ores in super fines form. These resources are often as difficult to leach as traditional hard rock resources. In the development, the R&D is being carried on two fronts: concentrating with improvements on prior art and leaching with our research team to avoid high-temperature and high-pressure vessels and eliminating the need to roast or calcine the material in order to reduce costs. The provisional patent filed cover prior art to concentrate low-grade lithium resources with St-Georges technology to leach without pressure or high-temperature and avoid leaching materials that traditionally leach easily with H2SO4 and HCl that enter the circuit as impurities. This selective leaching process allows the reduction of waste materials and neutralization efforts. Our team has been testing our selective leaching on a number of traditional hard rock crystalline forms of lithium and has successfully leached spodumene and leopodolite without the use of high-temperature and pressure and not requiring roasting and calcining. The company already reported results of successful selective leaching that has helped to reduce the total weight leached to approximately 12% of the total initial weight. In the second stage of the process, prior art to concentrate lithium in slims and clays is being applied with the selective leaching. St-Georges expects to combine prior art with the innovation in leaching currently being further improved to unlock the lithium content of various conventional and alternative lithium-bearing material. More material from various origins will be tested in the coming months. So far the selective leach is working on all lithium resources tested. Timely release of information St-Georges management has the difficult task to protect the knowledge acquired by its on-going R&D initiatives prior to the grant of formal patents while it also has the obligation to inform its shareholders on the progress of these initiatives while protecting their collective investment in the intellectual property to be generated. The nature of provisional patent filing allows for amendments as further testing and fine tuning is done and generates positive results while keeping the information protected from third parties. St-Georges’ metallurgists are planning to further amend the provisional filings when significant improvement on the core innovation becomes material. The challenge to maintain the right balance between a maximum disclosure of information and the protection of the intellectual property generated is bound to create a situation where an internal censorship process get in the way of efficient information. ON BEHALF OF THE BOARD OF DIRECTORS “Enrico Di Cesare” ENRICO DI CESARE, DIRECTOR & VP RESEARCH & DEVELOPMENT The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
https://webfiles.thecse.com/MonthlyReportSXJanuary2019.pdf?toC94B6o8JSEtrzhapvY2NFtr9L.xYVT "Sum up of the disclosures made by the company in regards to its lithium in clay extraction initiative The company is expecting to deliver a confidential report to Iconic Minerals (TSXV:ICM) in mid-February. This report will cover all of the Phase 1 work done and some of Phase 2 development and testing results. The company has been able to reduce the Bonnie Claire mineral material to be treated by 88% with mechanical process and floatation. St-Georges metallurgists believe that these results can be further improved. This concentration step has been tested in simulated industrial environments with the collaboration of equipment vendors who will provide estimates and quotations that will be in the report delivered to Iconic and will be usable for their eventual feasibility study. A provisional patent has been filed by St-Georges on this topic. The Company reported that 100% of the lithium found in the initial material is found in the solution constituted of the 12% to be treated. Selective leaching is applied at this stage. One or more provisional patents are expected to be filed in relation to this stage of recovery. It appears that no purification is to be required. Lithium and Magnesium are recovered in parallel as well as material to be discarded. The remainder of the Nitric and Citric acids mix is filtered and recycle to treat further material. Nondisclosure agreements have been signed with equipment vendors to test the bounding agent being used in simulated environment and a large equipment vendor specialized in speciality electrodes manufacturing is now involved in the development. The target recovery rate at this stage is 100% for the lithium and the magnesium in solution. Quality of the lithium hydroxide and lithium metal to be produce remains unknown."
Iconic Launches "CEO Verified" Discussion Forum on AGORACOM to Act as Primary Investor Social Media Platform Vancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) ("Iconic" or the "Company") is pleased to announce the launch of a "CEO Verified" Discussion Forum on AGORACOM. The forum will serve as the Company's primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment. Iconic will also receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties such as AGORACOM TV, the AGORACOM home pageand the AGORACOM Twitter account will serve to significantly raise the brand awareness of the Company among small cap investors. MODERATED DISCUSSION FOR PUBLIC COMPANY EXECUTIVES AND SHAREHOLDERS AGORACOM "CEO Verified" provides the first ever identity verification of small cap executives on a finance platform. For the first time ever, small cap CEO's and other company officers can post or communicate within a discussion forum without the risk of impersonation leading to catastrophic consequences. As the ultimate influencers of their own companies, "CEO Verified" Forums will create levels of engagement between companies and investors that have long desired civilized, constructive and factual conversation, with no limitations as to the number of characters. Posts to AGORACOM are shareable on Twitter, Facebook and LinkedIn, which enables the Company to continue utilizing these channels while making AGORACOM the primary HUB of investor engagement. There are no log-in requirements for investors to visit the forum and read posts. Those wishing to post questions, comments and interact with company officers can quickly log-in using their Facebook or LinkedIn accounts, or create an anonymous new user account. The Iconic Discussion Forum can be found at: https://agoracom.com/ir/IconicMinerals The Verified Director at launch is Keturah Nathe, Director of the Company. Keturah Nathe stated: "Social media participation is integral for shareholder communication, as well as the growth of public companies. AGORACOM forums are purpose built to facilitate intelligent discussion, and to provide meaningful content. I encourage everyone to read and participate in our CEO Verified Discussion Forum to create vibrant and constructive discussions for the long-term benefit of all stakeholders." George Tsiolis, AGORACOM Founder stated: "This is a service that is long overdue for small cap companies, executives and long-term shareholders that have had no choice but to watch their company message get hijacked on unmonitored forums by unscrupulous investors. CEO Verified Discussion Forums are the best solution, and it is free, so every small cap CEO in North America should be using it and every small cap shareholder should be demanding it." SHARES FOR SERVICES The Company intends, subject to receipt of acceptance from the TSX Venture Exchange ("TSX-V"), to issue common shares in its capital stock (the "Common Shares") to AGORA in exchange for the Services. The number of Common Shares to be issued at the end of each period will be determined by using the closing price of the Common Shares of the Company on the TSX-V on the first trading day following the end of each period for which the Services were provided by AGORA. Pursuant to the terms of the Agreement, the Company will be paying AGORA a total of $60,000 + HST by the issuance of Common Shares as follows: $12,000 + HST in Common Shares for Services upon Commencement February 20, 2019 for initial set up of HUB, marketing materials and search engine programs. $12,000 + HST in Common Shares for Services at end of Third Month - May 20, 2019; $12,000 + HST in Common Shares for Services at end of Sixth Month - August 20, 2019; $12,000 + HST in Common Shares for Services at end of Ninth Month - November 20, 2019; $12,000 + HST in Common Shares for Services at end of Twelfth Month - February 20, 2020. The term of the Agreement is for 12 months effective February 20, 2019, subject to TSX-V acceptance. About ICONIC: Iconic has several quality Lithium and Gold exploration projects in Nevada, USA, primarily focusing exploration and development efforts on the Bonnie Claire Lithium Property. The Bonnie Claire is located within the Sarcobatus Valley that is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Iconic recently completed a NI 43-101 technical resource study where the report defined an Inferred resource11.839 billion pounds of elemental lithium. The 5.370 billion kg resource is equivalent to 28.584 billion kilograms (28.584 million tonnes) of LCE, with the average grade being 963 ppm lithium. Early initial metallurgy showed leach recoveries of 83% to 98% Li, leaching with dilute acid and 11% to 56% leaching with distilled water. Iconic will be initiating its Phase 2 drilling program in 2019, where the data will be used towards completion of a pre-feasibility study. Iconic has two other highly prospective Lithium exploration properties, which are also located in Nevada. About AGORACOM: AGORACOM is the pioneer of online marketing, broadcasting, conferences and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is the home of more than 767K investors that visited 5.2 million times and read 53 million pages of information every year. The average duration of visit of 8min 43sec is more than double that of global financial sites, which can be attributed to the implementation and enforcement of the strongest moderation rules in the industry (All Metrics Average 2008 - 2017). AGORACOM traffic ranks within the top 0.5% of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion, as well as, implementation of the first ever Investor Controlled Stock Discussion Forums in 2007. 10 years later, in 2017, AGORACOM launched the first ever "CEO Verified" Discussion Forums to allow Small Cap CEO's and Company officers to post comments in a fully verified, moderated and social media shareable environment. For further information on AGORACOM, please contact: Web: www.agoracom.com Email: [email protected] ON BEHALF OF THE BOARD SIGNED : "Richard Kern" Richard Kern, President and CEO Contact: Keturah Nathe, VP Corporate Development (604) 336-8614 For further information on Iconic, please visit our website at www.iconicmineralsltd.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.
https://webfiles.thecse.com/MonthlyReportSXFebruary2019.pdf?Uy5oyIv6Q_fJPNsZHDZKPNt7.s6YEko8 "Metalurgical Research & Development Lithium Extraction The Company has been sourcing lithium feedstock for its R&D efforts. NDA’s have been signedwith owners of lithium projects and SX metallurgists will be able to test the portability of its process to a range of different mineral feedstocks. In February, the Company has been informed that Hippo (ASX: HIP) has prepared 1 metric tonne of lithium bearing material for shipping to SX metallurgists in Montreal. An initial draft report for the Phase 1 and parts of Phase 2 of its contractual agreement with Iconic Minerals has been shared confidentially with the principalsof both companies. Over a dozen equipment manufacturers and solution providers have been approached to collaborate and signs NDAs and co-development with SX. The companies will selectively release results of different aspects of the reports to the public as it secures these new partners who otherwise would be potential competitors. St-Georges reported that it has been able to concentrateIconic’sBonnie Claire lithium bearing material in Phase 1 by a factor in excess of 8. The current development aim at stabilizing its process from the current 88% discarded material with a remaining 12% concentrate to a 96% discarded material for a final concentrate constituted of 4% of the original material while retaining 100% of the original lithium content. The majority of the tested recuperation rates out of solutions are of 100% with the lower results at 99.997%. A break through to achieve over 99% at atmospheric pressure and low temperature was achieved reducing capex and simplifying the current assumptions that the industry has for hard rock leaching. St-Georgesis expecting that in addition the process is greener than current processes with usable by products."
Complete Recuperation of Lithium in Leach https://ceo.ca/@thenewswire/complete-recuperation-of-lithium-in-leach Montréal, March 31, 2019 / TheNewswire / St-Georges Eco-Mining Corp. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to inform its shareholders that it can confirm that it has achieved complete and total recovery in leach of lithium from the bulk material provided by its partner Iconic Minerals (TSX-V: ICM) originating from their Bonnie Claire lithium project in Nevada. St-Georges’ patent pending leaching technology achieved 100% leaching of lithium while not affecting the majority of the solids. 88% of the initial feed material is unleached which helps with chemicals consumption and tailings disposal. The patent pending mix of nitric and citric acids being used do not require high temperature and high pressure and no calcination is required. The objectives of the technology development was simply to have the lowest chemical cost impact. The impacts on the Bonnie Claire Deposit of the first phase of the process that includes classification, concentration and leaching at atmospheric pressure and low temperature has shown an average concentration gain from 963 ppm Li to 8,025 ppm Li, or a gain of 8,333 percent. St-Georges is currently testing different calibration and improving on its selective leaching in order to target only the recuperation in the leach of the lithium and magnesium and achieve better grades in the leach. Potential Fertilizer By-Products In addition to the lithium, the selective leaching collects mainly the salt family elements such as Sodium (Na), Magnesium (Mg), Calcium (Ca) and items like carbonates. The company believe that this could lead to-possible development of fertilizer by-products in the nitrate family that would potentially positively impact the economics of the Bonnie Claire project. Current On-Going Developments The next tests to be started this week will focus on reducing the total time of contact and we expect that the selectivity will be increased. In addition, St-Georges is in the process of purchasing a electrolysis unit to make LiOH to be added to the pilot plant with a further focus on using less chemicals. Work with various vendors of resins has been initiated to optimize the lithium purification steps prior to lithium hydroxide production. Phase 1 Confidential Report The phase 1 confidential report is currently being independently reviewed and a final public summary should be disseminated within 45 days. Detailed tests result and confidential information related to the process flow-sheet has been provided to Iconic management. For details and guidelines regulating the relation between Iconic and St-Georges, please read December 7, 2017 press release “Licensing Technology Agreement with Iconic Minerals”. Summary of the proposed industrial process Developmental testing has results in 100% of the lithium leached to be repeatedly recuperated using the patent pending leaching technology developed by St-Georges. Below are the steps tested in the course of Phase 1 of the development of the process. Step 1: Screening The lithium material is being screened out to remove pebbles and other coarse material like calcium. (Independent testing and review of this stage was performed during the course of the months of March and April 2018 by SGS Lakefield laboratory in Ontario) Step 2: De- Agglomeration The agglomerated material is being fed into a roll grinder to break down the feed into the original fine particles before drying. This was also done and reviewed by SGS Laboratory. After these 2 initial steps review, SGS performed an XRD and chemical analysis for each of the elements and crystalline forms. Step 3: Concentration Two approaches were developed and tested. Air classification and flotation concentration. These co-exist as linear task A and B of the concentration step at this stage. St-Georges is currently working on eliminating one of the sub-tasks with the hopes of drastically reducing costs and processing time. Task 3a: Air Classification In this step the material is separated by density and particle size. In the particular case of the Bonnie Claire material, the lithium is contained in the superfine particles. These particles are too fine to be screened. Independent review and testing of Task 3a were performed in the scope of the month of November 2018 by the laboratories of Netzsch Premier Technologies LLC of Exton, Pennsylvania. The resulting material was reduced by 55% with a cut-off at 5 microns. The resulting material was sent by Netzsch for chemical analysis to the laboratories of the Centre de Technologie minérales et de plasturgie Inc. (CTMP) at Tedford-Mines in Québec. The lab results confirmed that 100% of the lithium remained in the resulting concentrate when properly de-agglomerated. Task 3b: Floatation Concentration The CTMP labs performed, at the demand of St-Georges, a traditional froth floatation with deionized water. These tests were unsuccessful forcing the company metallurgists to adopt a different approach. St-Georges patent pending technology using a silicate salt saturated medium will be independently reviewed and tested with bulk material within the first part of the month of April by CTMP. Step 4: Selective Leaching Using St-Georges’ patent pending acid mix solution of nitric and citric acids, the CTMP reviewed and independently tested 2 batches of material from the Bonnie Claire lithium deposit. Leach test 1: Material from this initial test was passed through tasks 1 and 2 but skipped classification and concentration. The results are: 100% of the lithium was leached at atmosphere pressure and low temperature. The total leach time was of 1 hour resulting in 12% of the initial total mass. The company set-up and intends to improve on that result. Leach test 2: Material from this leach test was passed through tasks 1, 2 and 3a. 100% of the lithium was leached at atmosphere pressure and low temperature. The total leach time was of 1 hour resulting in 12% of the initial total mass. Optimization of these tasks should yield results in industrial settings that would reduce the total mass to a target percentage below 5% Joel Scodnick, P.Geo, St-Georges Vice-President Exploration is a qualified person under NI 43-101 and has reviewed and approved the technical content of this release. ON BEHALF OF THE BOARD OF DIRECTORS “Enrico Di Cesare” ENRICO DI CESARE, DIRECTOR & VICE-PRESIDENT RESEARCH & DEVELOPMENT The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
Iconic Announces Metallurgical Results Bonnie Claire Lithium Project, Nevada Vancouver, British Columbia--(Newsfile Corp. - April 1, 2019) - Iconic Minerals Ltd. (TSXV:ICM) (OTC Pink:BVTEF) (FSE:YQGB) ("Company" or "Iconic")is pleased to announce that St-Georges Eco-Mining Corp. (SX) has released further information on their metallurgical work on Bonnie Claire lithium bearing sediments dated March 31, 2019. SX states "St-Georges Eco-Mining Corp. is pleased to inform its shareholders that it can confirm that it has achieved complete and total recovery in leach of lithium from the bulk material provided by its partner Iconic Minerals." SG reports leaching 100% of the lithium while not affecting 88% of the remaining solids. The process uses Nitric and Citric acid at room temperature which reduces cost over other leaching methods. The sample tested which contained 963 ppm Li before processing contained 8,025 ppm lithium after processing, a gain of 833 percent. SX also announced that because the leach process removes most of the salts from the sediment the remaining material may be suitable for a nitrate based fertilizer by-product. SX Goes into more details of the ongoing work on Bonnie Claire sediment which are quoted below: "Developmental testing has results in 100% of the lithium leached to be repeatedly recuperated using the patent pending leaching technology developed by St-Georges. Below are the steps tested in the course of the Phase 1 development of the process. Step 1: Screening The lithium material is being screened to remove pebbles and other coarse material like calcium. (Independent testing and review of this stage was performed during the course of the months of March and April 2018 by SGS Lakefield laboratory in Ontario) Step 2: De- Agglomeration The agglomerated material is being feed into a roll grinder to break down the feed into the original fine particles before drying. This was also done and reviewed by SGS Laboratories. After these 2 initial steps review, SGS performed an XRD and chemical analysis for each of the elements and crystalline forms. Step 3: Concentration Two approaches where developed and tested. Air Classification and Flotation Concentration. These co-exist as linear task A and B of the Concentration step at this stage. St-Georges is currently working on eliminating one of the sub-task with the hopes of drastically reducing costs and time of processing. Task 3a: Air Classification In this step the material is separated by density and particle size. In the particular case of the Bonnie Claire material, the lithium is contained in the superfine particles. These particles are too fine to be screened. Independent review and testing of Task 3a was performed in the scope of the month of November 2018 by the laboratories of Netzsch Premier Technologies LLC of Exton, Pennsylvania. The resulting material was reduced by 55% with a cut-off at 5 microns. The resulting material was sent by Netzsch for chemically analysis to the laboratories of the Centre de Technologie Minérales et de Plasturgie Inc.(CTMP) at Thedford-Mines in Québec. The labs results confirmed that 100% of the lithium remained in the resulting concentrate when properly de agglomerated. Task 3b: Floatation Concentration The CTMP labs performed at the demand of St-Georges a traditional froth floatation with deionized water. These tests were unsuccessful forcing the company metallurgists to adopt a different approach. St-Georges patent pending technology using a silicate salt saturated medium will be independently reviewed and tested with bulk material within the first part of the month of April by CTMP. Step 4: Selective Leaching Using St-Georges patent pending acid mix solution of Nitric and Citric acids, the CTMP reviewed and independently tested 2 batches of material from the Bonnie Claire lithium deposit. Leach test 1: Material from this initial test was passed though task 1 and task 2 but skipped Classification and Concentration. The results are: 100% of the lithium was leached at atmosphere pressure and low temperature. The total leach time was 1 hour resulting in 12% of the initial total mass. The Company set-up to improve on that result. Leach test 2: Material from this leach test was passed through task, 1, 2 and 3a. 100% of the lithium was leached at atmosphere pressure and low temperature. The total leach time was 1 hour resulting in 12% of the initial total mass. Optimization of these tasks should yield results in industrial settings that would reduce the total mass to a target percentage below 5%." Iconic Minerals is encouraged by these metallurgical results and looks forward to St-Georges future announcements. 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 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/43818
St-Georges Eco Mining: Frank Dumas and Enrico Di Cesare Talk Extraction Technologies We had an opportunity to do a spur of the moment interview with Frank Dumas, (COO of St-Georges Eco Mining, CEO of Zeu Crypto Networks) and Enrico Di Cesare, (Director and VP of Metallurgy At St-Georges Eco Mining) to talk about extraction technology advancements and the value they are looking to unlock. St-Georges has been working hard at delivering a finished product and current CEO Vilhjalmur Vilhjalmsson has been delivering solid news showing great progress. This interview was an exciting opportunity to get an in depth look at the process as a whole and we are happy to share it with you all.
Iconic Announces 2019 Exploration Plans Bonnie Claire Lithium Project, Nevada Vancouver, British Columbia--(Newsfile Corp. - 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.
