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iconic minerals ltd (ICM) Details

Iconic Minerals Ltd., a mineral exploration company, engages in the acquisition and exploration of gold and lithium properties in Nevada and Canada. It also explores for silver ores. The company holds a 100% interest in the Hercules project located in Lyon County; and 50% interests in the New Pass project located in Churchill County and Squaw creek property located to the north of Battle Mountain in Nevada. It also holds a 100% interests in the Bonnie Claire property with 1,155 claims covering 23,100 acres located in Nye County, Nevada; and holds an option to acquire a 100% interest in Smith Creek Valley property with 808 placer claims totaling 25.25 square miles located in Nevada. The company was formerly known as Bonaventure Enterprises Inc. and changed its name to Iconic Minerals Ltd. in March 2011. Iconic Minerals Ltd. was incorporated in 1979 and is headquartered in Vancouver, Canada.

Founded in 1979

iconic minerals ltd (ICM) Top Compensated Officers

President, CEO & Director
Total Annual Compensation: C$76.8K
Secretary & CFO
Total Annual Compensation: C$24.0K
VP of Corporate Development & Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2018.
iconic minerals ltd
Iconic Minerals Ltd. Reports Earnings Results for the Second Quarter Ended February 28, 2019

Iconic Minerals Ltd. announced earnings results for the second quarter ended February 28, 2019. For the second quarter, the company announced operating loss was CAD 126.187 compared to CAD 998,129 a year ago. Net loss was CAD 127,187 compared to CAD 998,451 a year ago. Basic earnings per share from continuing operations was CAD 0 compared to basic loss per share from continuing operations of CAD 0.01 a year ago. For the half year, operating loss was CAD 281,299 compared to CAD 1.109 million a year ago. Net loss was CAD 282,399 compared to CAD 1.115 million a year ago. Basic earnings per share from continuing operations was CAD 0 compared to basic loss per share from continuing operations of CAD 0.02 a year ago.

Iconic Minerals Ltd. Announces 2019 Exploration Plans Bonnie Claire Lithium Project, Nevada

Iconic Minerals Ltd. announced that it has finalized plans for its 2019 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. The Drilling Program is located 2-5 kilometers (1.3-3.1 miles) south of drill hole BC1602. 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.

Iconic Minerals Ltd. Announces Metallurgical Results Bonnie Claire Lithium Project, Nevada

Iconic Minerals Ltd. announced 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. announced 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%. 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.

 

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