DGAP-News

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

Mavis Drill Program

The majority of the exploration activities performed in 2016 have been in
preparation for this drill program. A continuous reading ground
magnetometer walking survey ('Mag Survey') totalling 330 kms was completed
over the target areas of the Project. The Mag Survey successfully produced
a very detailed magnetic map outlining geologic contacts, features and
structures thereby providing a valuable tool to aid in the drill targeting
process.

In order to refine the targets further, two campaigns of ground
lithogeochemical sampling totalling 372 rock samples were collected from
mafic volcanic host rocks at select locations across the Project. The rock
sample results returned areas exhibiting highly anomalous values of lithium
and associated elements; key pathfinders employed as a vectoring tool for
the discovery of hidden or buried pegmatites. The anomalous
lithogeochemical results overlain on the Mag Survey have provided the
Company with an improved understanding of the setting of the pegmatites at
Mavis; specifically the preferential horizons and structures that host
them.

One of the main target areas that will be drilled during this program is
host to the high-grade spodumene bearing Pegmatite 18, the most
northeastern observed pegmatite and virtually untested by drilling to date.
Previous field reconnaissance at Pegmatite 18 confirmed the observable
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.