Lithium Ionic Files Technical Report for Bandeira Project Update
Lithium Ionic Corp. (TSXV: LTH; OTCQB: LTHCF; FSE: H3N) has announced a significant milestone with the filing of a comprehensive NI 43-101 compliant technical report for its Bandeira Lithium Project. This report, titled “Bandeira Lithium Project, National Instrument (NI) 43-101 Technical Report—Definitive Feasibility Study Update”, showcases the project’s latest developments and represents a crucial step in ensuring the project's viability.
Insights into the 2025 Technical Report
The 2025 Technical Report for the Bandeira Project, effective as of September 17, 2025, was meticulously prepared by a series of highly qualified consulting teams, including RTEK, GE21, and L&M. The expertise of these consulting groups has been pivotal, confirming that all operations align with the National Instrument 43-101 standards.
The Role of Qualified Persons
Under the guidelines set forth by National Instrument 43-101, the report was crafted by qualified professionals who are independent of Lithium Ionic. These experts have meticulously reviewed and approved the report’s contents, ensuring accuracy and transparency. They underscore the report's integrity regarding its information and assertions.
Highlights of the Feasibility Study
A key takeaway from the report is the successful completion of the feasibility study for the Bandeira Project. This crucial study evaluates the economic viability of the project, which is situated in a promising section of Brazil’s growing lithium mining sector.
RTEK's Contribution
In recognition of RTEK International DMCC’s (RTEK) considerable contributions towards the feasibility study, Lithium Ionic issued a total of 7,430,305 common shares in exchange for their advisory services. This strategic move demonstrates the company's commitment to working closely with experienced partners to propel the project forward.
About Lithium Ionic Corp.
Lithium Ionic is a forward-thinking Canadian mining company dedicated to exploring and developing lithium-rich properties in Brazil. With its flagship Itinga and Salinas projects encompassing 11,684 hectares, the company resides in a jurisdiction known for its favorable mining conditions. The Itinga Project's proximity to long-established lithium producers adds credibility to its ambitious endeavors.
The Emerging Lithium Landscape in Brazil
Brazil is quickly gaining recognition as a global hub for hard-rock lithium production. Lithium Ionic's current projects are strategically located near established operations, positioning the company to benefit from the increasing demand for lithium used in electric vehicle batteries and other renewable energy technologies.
Looking Ahead
As Lithium Ionic progresses with its projects, the outlook remains optimistic. The company aims to capitalize on the burgeoning demand for lithium, essential for modern technologies, and as part of the renewable energy transition. The 2025 Technical Report reinforces their commitment to operational excellence and responsible mining practices.
For further inquiries, please reach out to:
+1 647.316.2500
info@lithiumionic.com
Frequently Asked Questions
What is the purpose of the NI 43-101 Technical Report?
The NI 43-101 Technical Report assesses the feasibility and economic viability of the Bandeira Lithium Project, ensuring compliance with regulatory standards.
Who are the key Qualified Persons involved in the report?
A team of professionals from RTEK, GE21, and L&M prepared the report, each bringing their expertise and independence to the project.
What are the strategic advantages of Lithium Ionic?
Lithium Ionic is positioned in a mining-friendly area of Brazil, close to established lithium operations, enhancing its competitive edge in the market.
How does the company plan to use RTEK's advisory services?
RTEK's advisory services are critical for guiding Lithium Ionic through technical and strategic decision-making processes related to the feasibility study.
What is the current outlook for lithium demand?
The demand for lithium is projected to rise significantly due to its essential role in electric vehicle batteries and renewable energy solutions.
