DGAP-News

International Lithium Corp. and Pioneer Resources Increase Claims and Mobilize Crews to the Mavis and Raleigh Lithium Pegmatite Projects, Ontario, Canada

DGAP-News: International Lithium Corp. / Key word(s): Miscellaneous
International Lithium Corp. and Pioneer Resources Increase Claims and
Mobilize Crews to the Mavis and Raleigh Lithium Pegmatite Projects, Ontario,
Canada

11.10.2016 / 15:02
The issuer is solely responsible for the content of this announcement.

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Vancouver, British Columbia--(Newsfile Corp. - October 11, 2016) -
International Lithium Corp. (TSXV: ILC.V [url:
https://ca.finance.yahoo.com/q?s=ilc.v]) (the 'Company' or 'ILC') in
conjunction with strategic partner Pioneer Resources Limited ('Pioneer')
(ASX:PIO) have mobilized field crews to the Mavis and Raleigh lithium
pegmatite projects east of Dryden, Ontario, Canada. In addition, 3 claims
totalling 640 hectares (1,581 acres) were added to the west and along trend
of the high-grade lithium spodumene pegmatites adjacent to the Mavis
project boundary.

Planned Exploration Programs' Key Highlights:

Mavis: 400 lithogeochemical (rock chips) sample program to refine drill
targets in high priority areas;

Mavis West:

- 3 claims totalling 640 hectares newly staked to encompass extension of
high-grade pegmatites near western edge of previous Mavis project
boundary;

- 58 km ground magnetic survey to delineate target lithology along
pegmatite trend;

- 100 lithogeochemical sample program to define continuation of pegmatite
corridor;

Raleigh:

- 500 lithogeochemical sample program to refine and extend drill targets
in high priority areas;

- Comprehensive airborne magnetic survey across entire project to
delineate target lithology to assist with drill placement;

Mavis and Raleigh Exploration Programs

A $1 million budget has been allocated across the Mavis and Raleigh lithium
pegmatite projects ('Projects'). The exploration programs will include
lithogeochemical sampling, ground and airborne geophysics and 3,000m of
diamond drilling with 1,500m allocated to each of the Projects and
anticipated for the fall and winter 2016. The budgeted exploration
expenditures will be wholly funded by Pioneer as part of their earn-in on
the Projects (See details regarding the terms of the Mavis and Raleigh
option agreements in Company news releases dated June 22 and July 26,
2016).

To date a continuous-reading ground magnetic survey has been completed over
much of the Mavis Lithium Project that has produced a high resolution image
revealing the preferential lithological contacts and structures hosting the
lithium spodumene pegmatites. In addition a first phase of lithogeochemical
sampling has been completed. The current field program will primarily