DGAP-News

International Lithium Corp. and Pioneer Resources Intersect Spodumene Bearing Pegmatite at the Mavis Lithium Pegmatite Project, Ontario, Canada - Seite 3

The second drill hole, MF-17-40 has been collared and is currently
drilling. The hole is located on the same setup as MF-17-39, but with an
azimuth of 40o, is designed to test the down dip potential of this
spodumene bearing pegmatite at a greater depth and to provide additional
structural data to determine the spodumene bearing pegmatite geometry
intersected in holes MF11-12, MF12-24 and MF17-39.

The Company will continue to update the market about the progress of
drilling at the Mavis Lithium Pegmatite Project as the programme advances.
Drilling is anticipated to take up to 30 days to complete and assay results
are expected to be available by the end of March 2017.

Patrick McLaughlin, P.Geo, is a Qualified Person on the project as defined
under NI 43-101 and has reviewed the technical information contained in
this press 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,
Manitoba, to the west.

The current drill program will be wholly funded by Pioneer as part of their
earn-in on the Project (See details regarding the terms of the Mavis option
agreements in Company news releases dated June 22, 2016).

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 Mariana project
strategically encompasses an entire mineral rich evaporate basin, totalling
160 square kilometres, that ranks as one of the more prospective salars or