DGAP-News

International Lithium and Ganfeng Lithium Begin Drill Program at the Mariana Lithium Brine Project in Salta, Argentina - Seite 2

waters throughout the salar with the results guiding the placement of drill
holes for the next phase of work. Initial results from the geophysical
surveys indicate that the two upper aquifers are continuous, in places
unconfined and generally well connected laterally over large distances. If
true, this would indicate that the observed uniformity of grade and
measured high transmissivity extend throughout a large portion of the salar
giving rise to an easily accessible, uniform brine resource. The current
drill program is designed to test this hypothesis. In addition, evidence
suggests that there may be a deeper, sandy aquifer below the compacted
halite layer that forms the base of the second, upper aquifer. The apparent
depth of the salar, as estimated by modelling gravity data, is in excess of
450 metres in the northern portion of the salar. The drill program will
consist of up to approximately 1000 metres of core drilling in five or six
drill holes. Core will be recovered in polycarbonate sleeves with brine
sampling carried out with a packer to isolate samples from any potential
cross contamination between aquifers. All drill holes will be subjected to
down-hole resistivity surveys and upon completion, piezometers will be
installed for fluid flow monitoring. Core samples will be submitted for
laboratory testing of hydrologic and sedimentary properties of the aquifer
units. Mina Rosa IV Acquisition Further to the ongoing exploration work,
the Company has secured the mineral rights to Rosa IV, a Mina (or mining
concession) 2928 hectares in area that previously formed a small gap in the
Companies' 100% ownership of the mining rights to the entire Salar de
Llullaillaco. The total area of the mining concessions for the joint
venture within and surrounding the salar is 22,129 hectares (see attached
map). John Harrop, P.Geo, FGS, is a Qualified Person as defined under NI
43-101 and as supervised preparation of the 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, 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