checkAd

    DGAP-News  512  0 Kommentare International Lithium and Ganfeng Lithium Announce Drilling Results at the Avalonia Lithium Project, Ireland - Seite 2



    The area drill tested by the Company represents a small portion of the main
    prospects located along the 42 kilometre lithium pegmatite belt that falls
    within the Avalonia licences. A total of 23 targets have been identified to
    date by geochemical surveys and prospecting along the belt.

    Planned Work

    Additional work is planned for later this summer including extending the
    drilling pattern at Aclare to follow up on the recent results. At the
    Moylisha target area, where extensive boulder trains of spodumene bearing
    pegmatite assaying up to 4.59% Li2O** have yet to be traced back to source,
    a detailed soil survey will be implemented and permitting is underway for
    trenching to further develop drill targets.

    Gary Schellenberg, CEO, International Lithium Corp. comments, 'The recent
    drill program has demonstrated our ability to successfully target lithium
    pegmatites. In addition, our enhanced understanding of the mineral zonation
    will assist us in targeting not only the Aclare and Moylisha prospects this
    year, but the entire belt.'

    ** Previously reported grab sample in Company news release dated January
    31, 2012. Grab samples are by definition selective and are unlikely to
    represent average grades on the property.

    John Harrop, P.Geo, FGS, is the Company's Qualified Person as defined under
    NI 43-101 who has supervised the preparation technical information
    contained in this press release.

    About International Lithium Corp.

    International Lithium Corp. is an exploration company with an outstanding
    portfolio of projects, strong management ownership, robust financial
    support and a strategic partner and keystone investor Ganfeng Lithium Co.
    Ltd., a leading China based lithium product manufacturer.

    The Company's primary focus is the Mariana lithium-potash brine project, a
    joint venture with Ganfeng Lithium Co. Ltd. within the renowned South
    American 'Lithium Belt' that is the host to the vast majority of global
    lithium resources, reserves and production. The 160 square kilometre
    Mariana project strategically encompasses an entire mineral rich evaporate
    basin that ranks as one of the more prospective salars or 'salt lakes' in
    the region.

    Complementing the Company's lithium brine project are three rare metals
    pegmatite properties in Canada known as the Mavis, Raleigh, and Forgan
    projects; and one project in Ireland (Avalonia project) that encompasses an
    extensive 50km long pegmatite belt. The Avalonia project is under option to
    strategic partner Ganfeng Lithium and the Mavis and Raleigh projects with
    strategic partner Pioneer Resources Limited (PIO:ASX). The Mavis, Raleigh
    and Forgan projects together form the basis of the Company's newly created
    Seite 2 von 3



    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-News International Lithium and Ganfeng Lithium Announce Drilling Results at the Avalonia Lithium Project, Ireland - Seite 2 DGAP-News: International Lithium Corp. / Key word(s): Miscellaneous International Lithium and Ganfeng Lithium Announce Drilling Results at the Avalonia Lithium Project, Ireland 21.07.2016 / 09:30 The issuer is solely responsible for the content of …