Wednesday, 21 February 2018

International Lithium: Upper Canada Lithium Pool - Partners Optimistic Over Mavis Lake Lithium.


“We have successfully activated all of our joint venture operations on the three continents in Argentina, Ireland and Canada. Our partners include global industry leaders, Jiangxi Ganfeng Lithium Co. Ltd. of China and Pioneer Resources Limited of Australia,” commented Kirill Klip, Executive Chairman of ILC. “Now our turn-around at ILC is completed and we are looking forward to achieving our strategic goals and increasing value for all shareholders.” Read full NR.

International Lithium Reports Drilling Underway At Mavis Lithium Project, Ontario, Canada.




"We have successfully activated International Lithium's operations with our JV partners on three continents all around the globe." - commented Kirill Klip, Executive Chairman of ILC.




“We are very pleased to activate our further exploration program at Mavis Lake with Pioneer Resources, in Ontario, Canada,” commented Kirill Klip, Executive Chairman of ILC. “The previous drill program has demonstrated our ability to successfully target lithium pegmatites, especially at the newly expanded Fairservice target area.”





Ganfeng Lithium Comes To Europe: International Lithium Reports $1 Million Budget For The Avalonia Lithium JV, Ireland.




“We are very pleased to activate our further exploration program in Europe at the Avalonia JV in Ireland, with Ganfeng Lithium,” commented Kirill Klip, Executive Chairman of ILC. “The previous drill program has demonstrated our ability to successfully target lithium pegmatites.  In addition, our enhanced understanding of the mineral zonation will assist us in targeting not only the Aclare and Moylisha prospects but the entire belt.”






International Lithium And Ganfeng Lithium Approve $17M Budget For Mariana JV, Argentina.






“We welcome very positive developments at the Mariana JV with our partner Ganfeng Lithium,” commented Kirill Klip, Executive Chairman of ILC. “This comprehensive budget for 2018 is expected to bring the Mariana JV to important valuation milestones for the Company; preliminary economic assessment and pre-feasibility studies. We are looking forward to the confirmation that membrane technology provided by Ganfeng Lithium will allow our joint venture operation to produce lithium hydroxide in Argentina.”




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Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

LEGAL DISCLAIMER

Please read legal disclaimer. There is no investment advice on this blog. Always consult a qualified financial adviser before any investment decisions. DYOR.

Please Note that International Lithium Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this post; you must NOT rely in any sense on any of this information in order to make any Resource or Value Calculation, or attribute any particular Value or Price Target to any Discussed Securities.


Mining Journal:

Partners Optimistic Over Mavis Lake Lithium.




"Joint venture partners International Lithium (CN:ILC) and Pioneer Resources (AU:PIO) say a nine-hole drilling programme at the Mavis Lake lithium project in Ontario has “greatly enhanced” its prospectivity.

They said seven of the nine holes intersected significant mineralisation, including 68.3m of spodumene-pegmatite from 82.7m. 
Drill core has been sent for analysis and Pioneer managing director David Crook said the results were expected in March.
"At this time the joint venture will further update the market and describe plans for future drilling, as at this stage mineralisation has not been closed off," he said.
Australian-based Pioneer funded the nine-hole programme as part of its earn-in to Mavis Lake. It is also earning into the second (Raleigh) of ILC's three pegmatite projects in Canada.
Pioneer had A$5.44 million (US$4.3 million) in cash at the end of December and is also exploring its lithium, gold, nickel and cobalt projects in Western Australia.
ILC last month approved a US$17 million budget with majority partner Jiangxi Ganfeng Lithium for continued work at the pair's Mariana lithium brine project in Argentina.
ILC and Ganfeng also recently approved a C$1 million (US$0.8 million) budget for work at their Avalonia lithium pegmatite joint venture in Ireland."
Please Note that International Lithium Qualified Person - as it is defined by NI 43-101, was NOT able to Verify and Confirm Any Provided Information by The Third Parties in the Articles, News Releases or on the Links embedded in this post; you must NOT rely in any sense on any of this information in order to make any Resource or Value Calculation, or attribute any particular Value or Price Target to any Discussed Securities.