ION Energy Limited to share that drilling has commenced at Urgakh Naran and the site visit previously announced is set to occur later this month. Highlights: The first of three holes to be drilled to minimum depth of 300 metres, has commenced drilling at Urgakh Naran, advancing the Company towards an inferred resource before year end; and Site visit including technical experts and potential strategic partners to occur before month-end. The monitoring wells are being completed by ION Energy alongside hydrogeological drilling contractor.

The Company will be logging all core samples, ensuring the core remains wrapped in plastic, photographed and stored appropriately. Brine samples will be collected according to the industry standard, assayed and shared with the market as available. Diamond core drilling has commenced at Urgakh Naran, core will be collected for assaying and porosity testing.