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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
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
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