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Iconic Minerals - ICM.V

Discussion in 'Canadian Stocks Message Boards' started by Kayakfan, Dec 14, 2016.

  1. Kidbooo

    Kidbooo New Member

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    ____________________________________________________________________________________________________________________

    Hello everyone,
    The stock price development is disillusioning at the moment to be honest. Although we've seen a positive news release and plenty of potential with leaching possibilities of the lithium rich sediments, the selling pressure is still high.

    Maybe it's tax loss selling or a warrant holder is shifting his assets, who knows...

    Iconic now needs to explain in a simple way how to interpret the results and what steps will follow. A business outlook for 2017 and as a sign of confidence an insider purchase might help to gain back some conficence..
     
  2. Xa¡on

    Xa¡on Member

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    Metallurgical Research & Development

    Lithium Extraction

    Bonnie Claire


    Iconic’s material from Bonnie Claire has been further concentrated. Air Classification trials are on-going to tweak the process. Results will be integrated in the final report this month on the concentration portion of the process. Concentration was improved by a factor or 2 and batch column floatation with a silicate salt saturated medium has beenimproved, also increasing the selectivity. The company is still conducting tests with the concentrate past the leach step and will also integrate some of these results in the final report for phase 1.

    Other tests with spodumene concentrate have been commissioned.
    The material from Bonnie Claire is a close parent from spodumene concentrate when in leach solution.

    https://webfiles.thecse.com/MonthlyReportSXApril2019.pdf?PuvBVR02o5dRX5p25TNgHehcF0c4quyd
     
  3. Xa¡on

    Xa¡on Member

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  4. Xa¡on

    Xa¡on Member

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  5. Kidbooo

    Kidbooo New Member

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    Thank you my issue has been solved,....
     
  6. Xa¡on

    Xa¡on Member

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    Metallurgical Research & Development

    Lithium Extraction

    Bonnie Claire
    Phase 2 trials are underway. The company is working with equipment vendors to improve the economics of the final stage of the process, the purification of the lithium and magnesium coming out of the leached solution.

    Other Lithium Initiatives

    Pilot Plant
    St-Georges management has partnered with an academic institution to designa pilot plant that will allow the company to test in an industrial setting its extractions processes for lithium, as well as its copper, nickel and ironextraction process research initiatives. The partners’ plans are based on a governmental contribution in the form of a grant expected to cover the majorityof the costs.

    https://webfiles.thecse.com/MonthlyReportSXJune2019.pdf?pTwnX7W3NwfCrV4egQz333.pwTRC10pO
     
  7. Xa¡on

    Xa¡on Member

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    Iconic Initiates 2019 Exploration Plan at Bonnie Claire Lithium Project, Nevada

    Vancouver, British Columbia--(Newsfile Corp. - 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.
     

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