DGAP-News

International Lithium Corp. and Pioneer Resources Commence Drilling at the Mavis Lithium Pegmatite Project, Ontario, Canada - Seite 2

strike length, in excess of 200m at surface, with grab samples grading up
to 3.14% Li2O* and one composite channel sample grading 1.22% Li2O* over
5.3m (documented in the Company's 2009 Ontario Work Assessment Report and
NI43-101 technical report dated February 5th, 2010).

Pegmatite 18 is fairly unique relative to other pegmatites observed at
Mavis. Pegmatite 18 is oriented perpendicular to the prevalent foliation,
indicating a setting that may represent a favorable extensional stress
regime with the ability to host a significantly larger pegmatite body. In
addition there have been at least 4 closely stacked pegmatites mapped
within the immediate vicinity and parallel to pegmatite 18, supporting the
model for a preferential fluid pathway and nexus for emplacement.

*Note: Grab samples are by definition selective, should not be relied on
and are unlikely to represent average grades on the property. Reported
channel sample widths may not represent true widths of the pegmatite.

A second target area that will be drilled is in the vicinity of a 78m
pegmatite intersection drilled in 2011 that reported 1.86% Li2O over 26.25m
and 1.22% Li2O over 28.45m (hole MF11-12 reported in Company news release
dated January 12, 2012). Subsequent drilling in 2012 confirmed the
pegmatite intersection, but was insufficient to determine orientation and
true thickness. The current drill program will employ oriented core to
ascertain the attitude of this pegmatite as well as drill test the
potential extension.

A third target area to be drilled, east of pegmatite 6, was developed
through this year's field program. Lithogeochemical samples returned an
area of highly anomalous lithium pegmatite pathfinders and the Mag Survey
revealed a coincident signature with the Fairservice pegmatites to the
west. Follow-up ground reconnaissance in this target area discovered a
pegmatite of indeterminate size bordered by a low swampy area.

Additional target areas have been derived from the analysis of this year's
field program that will be followed-up in subsequent phases of exploration.

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

Mavis Lithium Pegmatite Project

The Mavis Lithium Project is situated 19 kilometres east from the town of
Dryden, Ontario. The Project is ideally situated in close vicinity to the
Trans-Canada highway and railway major transportation arteries linking
larger cities such as Thunder Bay, Ontario, to the southeast and Winnipeg,