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PROJECT OVERVIEW
The Baixa Grande project is part of Lithium Ionic’s Salinas Group of properties, located in the northern section of Brazil’s Eastern Pegmatite Province. Acquired in 2023, these properties are highly prospective for spodumene-bearing pegmatites. Since initiating drilling in early 2023, the Company has delineated a significant lithium deposit in just one year, underscoring the strong geological potential of the region.
In 2024, Lithium Ionic launched a 30,000-meter drill program to further expand the resource base at Baixa Grande. This initiative will nearly double the 24,000 meters of drilling that defined the current resource, signaling the project’s substantial growth potential. Additionally, the proximity to Latin Resources' Colina Project, which is in the process of being acquired by Pilbara Minerals (announced in August 2024), one of the world’s largest lithium producers, highlights the strategic significance of this lithium-rich region.
Baixa Grande is rapidly becoming a key growth driver within Lithium Ionic’s portfolio, poised to play a pivotal role in the Company's long-term production strategy.
Mineral Resource Estimate
In April 2024, Lithium Ionic announced its maiden NI 43-101 Mineral Resource Estimate (MRE) for the Baixa Grande deposit, showcasing its potential to play a critical role in the Company's long-term growth strategy.
Key Resource Highlights:
- Measured and Indicated: 5.86Mt grading 1.10% Li₂O (159kt LCE)
- Inferred: 8.90Mt grading 0.97% Li₂O (213kt LCE)
This initial MRE was based on 122 diamond drill holes (totaling 27,030 meters of drilling) conducted between May and November 2023, reflecting the rapid progress made in a relatively short timeframe.
Exploration and Drilling Program
Lithium Ionic continues exploration activities at Baixa Grande, including drilling geological mapping and soil sampling, with a focus on expanding the mineral resource base and advancing high-priority targets in order to fully realize the project’s potential.
Baixa Grande and the surrounding Salinas properties represent significant upside potential in the lithium-rich Eastern Pegmatite Province - more recently referred to as the “Lithium Valley”.
*For more details about the Baixa Grande MRE, see the April 4, 2024, HERE or the technical report HERE
Image Gallery
Salinas Lithium Project, Minas Gerais, Brazil
