Structural Geology And Lithium.

By Gaurav Tandon , Assistant Professor atNMIMS

International Lithium And Ganfeng Lithium: Avalonia Lithium Project, Ireland.

 I would like to present to your attention our Avalonia Lithium project in Ireland today. Now we are back on the ground advancing this J/V with Ganfeng Lithium - one of the top world-wide lithium producers from China. 

  Ganfeng Lithium is closing its purchase of lithium battery maker in China and International Lithium will become part of this vertically integrated lithium business. You can learn more from the materials below and always visit our website for the latest information. You can find me on LinkeIn and Twitter to engage in conversation.

  Recent world-wide public awareness about the climate change and lithium technology advance demonstrated by Tesla Motors, present to us the unique opportunity to capitalise on this trends advancing the development of lithium supply chain. The largest world auto-market is based now in China. The Chinese Premier has announced the war on pollution and electric cars are at the forefront of this development. Our strategic partnership with Ganfeng Lithium opens the doors for our company to participate in these global development in electrification of our transportation.

"Mr. Kirill Klip, President, International Lithium Corp. comments, "We are excited to spearhead this international collaboration and program that sets a precedent for sourcing metals that are imperative to the advancement of mobile devices, electric vehicles and alternative energy. The demand for Lithium is continually on the rise and there are shortage concerns which could impede on the growth of the green technology sector worldwide. The Irish government has taken this risk very seriously and pledged to facilitate the advancement of lithium production as part of an initiative to improve strategic metal supply chains. Together with Ganfeng Lithium, ILC has the opportunity to be part of this development and we are optimistic that we have a new potential source for the lithium battery supply chain".

International Lithium Presentation September 2014 from Kirill Klip

Mr. Wang Xiaoshen, Vice Chairman/ VP, Ganfeng Lithium Corp. notes, "Recent news that corporations such as Tesla and Panasonic are making significant commitments to build gigafactory battery plants will significantly impact the demand for Lithium. Similarly the Chinese market will become increasingly more important to companies like Tesla in the near future. These two reasons make BLL an ideal prospect for the lithium industry."

International Lithium Corp. Begins Reconnaissance Program and Renames Blackstairs Lithium Project, Ireland.

China Rolls Out Welcome Mat for Electric Cars: Ganfeng Lithium Partners with International Lithium in Argentina and Ireland.

“Ganfeng has an army of lithium-focused geologists who looked at projects in every corner of the planet,” stated ILC president Kirill Klip in an exclusive interview, “but they chose ILC to do business with. This is a big de-risking factor for our current and future shareholders. The Chinese do their homework. They believe in the geology of our assets, our management and our development strategy.” Read more.

International Lithium:

International Lithium Corp. Begins Reconnaissance Program and Renames Blackstairs Litihum Project, Ireland

Vancouver, B.C. September 17, 2014: International Lithium Corp. (the "Company" or "ILC") (TSX VENTURE:ILC.V) is pleased to announce the commencement of the first phase of a EUR€1,600,000 (approximately CAN$2,300,000) exploration program on the newly named Avalonia Lithium project located in Leinster province of southeastern Ireland. Pursuant to the Option Agreement announced on March 19, 2014 and Company News Release dated July 30, 2014, strategic partner Ganfeng Lithium Co. Ltd. ("Ganfeng or "GFL") has advanced EUR€500,000 (approximately CAN$725,000) for the first phase of the program.

The first cash advance of the multi-phase program will be used to conduct regional scale geological mapping and geochemical surveys in preparation for drill target selection. Crews are now on-site. The newly acquired results will be compiled with existing data and known mineralized occurrences to prioritize exploratory drilling and resource delineation drilling in subsequent phases. ILC is manager of the project and will receive a management fee of up to 10% of the exploration expenditures.

In respect of the expanded scale of the target area, the Company has elected to choose a name for the project that better reflects the potential for a significant lithium discovery within the over 50 kilometre strike length of the East Carlow Deformation Zone and the associated Leinster granites that host the lithium bearing pegmatites. The project will now be known as the Avalonia Lithium project.

The name is derived from an ancient micro-continent called Avalonia which, during the closing of the Iapetus Ocean (the Caledonian orogeny), collided with the European continent (Baltica) and the North American continent (Laurentia). The collision created a deep extensive suture zone (Iapetus suture zone) well recognized as an excellent structural domain to produce Li and Rare Metal enriched pegmatite bodies. The suture extends from Norway to the British Isles, Southeast Ireland, Newfoundland, and the Eastern USA where the suture zone is known to host the Kings Mountain and Bessemer City lithium mines.

The Avalonia Lithium project's Li and Rare Metal enriched pegmatite field is situated along the highly prospective Southeast Ireland segment (the East Carlow Deformation zone) of the Iapetus suture zone.

About the Avalonia Lithium Project

Read more."

International Lithium: A Lithium Source In Ireland?

  

  I am very pleased to share with you today that we are making our progress in Ireland and now people start talking about our project there! You can listen to the Sunday podcast on the following link, but please read my full legal disclaimer: International Lithium was not involved in preparation of this program and you should not rely on any data presented in this material:

A Lithium Source In Ireland?

Show: The Sunday Business Show

International Lithium Celebrates Its IPO Anniversary With Major Deals With Ganfeng Lithium.

  "Three years from the day of International Lithium IPO have passed away very fast, but we have made a lot of very hard work behind the scenes of our public releases to advance our assets. This month we are celebrating our IPO Anniversary by advancing major deals with our strategic partner from China Ganfeng Lithium.

  Lumina copper is in the news these days - this project is located in Salta province in Argentina, our Mariana Lithium Potash Brine project is located in the same province. Withgood news coming out of Argentina for all mining companies I am looking forward to advance our projects and place our company at the appropriate level in the market place properly reflecting our fundamentals. I would like to share with you my vision on our recent developments in our latest Podcast. Read more."

Podcast: Kirill Klip President of International Lithium.

International Lithium: Presentation Of Our Strategic Partner - Ganfeng Lithium.

   

International Lithium: Presentation Of Our Strategic Partner - Ganfeng Lithium May 2014 from Kirill Klip

 I would like to share with you today the presentation about our strategic partner from China - Ganfeng Lithium. This partnership is the very important step for International Lithium and solidifies our business relationships. This company is one of the top Lithium Materials producers in the world. We have the new page on our website devoted to our strategic partner and you can follow the link for more information.

   Ganfeng Lithium has developed technology to process the raw materials that we aim to produce and has an expanding customer base world-wide for their finished products. This Vertically Integrated Business structure gives International Lithium security in the market and expertise for materials processing side of future feasibility studies. It also gives International Lithium confidence in moving the projects forward as our partner is actively pursuing vertical integration within their business model. 

  

International Lithium Strategic Partnership With Ganfeng Lithium fromKirill Klip

  Together with Ganfeng Lithium we are building Vertically Integrated Lithium Business. It is becoming increasingly important for the lithium product manufacturers to control the quality of feed material in their operations. We expect that our relationship with Ganfeng Lithium will only grow from here on. The recent announcements are testament of the commitment to drive the next stage of growth with Ganfeng Lithium. 

  International Lithium has successfully secured the Capital to advance our joint venture projects and continue the exploration on the Blackstairs project in Ireland and Mariana project in Argentina.

   Two key agreements have been reached with Ganfeng Lithium:

▪   GFL has pledged to invest US $10M in the Blackstairs project in order to acquire an additional 24% in the property. (for details see the April 04 2014 news release).

▪   The companies entered into a loan conversion and investment agreement on the Mariana Lithium brine project (for details see the April 04 2014 news release) which will establish J/V operations with 80% / 20% between Ganfeng Lithium and International Lithium respectively.

▪   International Lithium will receive 2 M exploration loan from GF which can be repaid from royalties or other proceeds from Mariana project which will be attributed to International Lithium. Effectively we will keep 80% / 20% J/V structure for the next round of $10 M project development, which should bring us to the resource definition stage and early stages of PEA studies. 

▪   International Lithium also has an additional 10% Back-In right in Mariana project at the FS stage.

  Ganfeng Lithium recently commissioned a new facility in China adding 500mt/y Li metal to its current 1000mt/y Li production capacity. The company exports and produces over 20 specialized lithium products for various applications worldwide. This includes Li metal batteries for which GFL has developed a breakthrough technology that shortens the industry standard production process. With working capital now available, we can concentrate our efforts on completing the resource definition and economic assessment on our projects.

  We live in the exciting times during Electric Cars rEvolution. Tesla’s plans to build Lithium battery Gigafactory have ignited interest to all our industry. They have received further confirmation now with the announcement that  Panasonic has signed the letter of intent to participate in the project. Elon Musk has announced that Gigafactory Site Will Break Ground next month.

  Due to the unique specific chemical qualities Lithium based chemistry for the batteries has become the automakers’ industry standard for their Electric Cars. Decades of research and billions of dollars invested in Lithium Technology have made it possible now. Tesla will invest 5 B in the Gigafactory and there are recent reports projecting the Lithium Battery growth into 26 B industry within next decade.

  Goldman Sachs estimates that Gigafactory will potentially consume 17% of the current Lithium supply. Add to it Nissan and its partner Renault, BMW, Mercedes, WV Group, GM, BYD, KANDI and other names from China, which we are going to hear more and more - you will get a picture of dramatic increase in Demand for High Purity Battery grade Lithium.

 In International Lithium case, we have the existing demand for our potential future production of Lithium already. Ganfeng Lithium ships now Lithium raw materials from places as far as Australia and Chile to China. For us the general growth in the Electric Cars and Mobile Devices is more important: we do not have to find buyers for our potential products in the future - we have existing demand from our strategic partner in place already. We can concentrate on our Lithium projects development, resource definition and confirmation of their economic potential.

Pollution-hit Chinese city gets packaged fresh mountain air

  I find it particularly encouraging that this year all major automakers have announced J/V plans to produce Electric Cars in China. Chinese government has declared war on pollution and we are proud to be part of such a noble case: to keep the air clean to breath, but allow personal mobility in most densely populated urban centres in the world. We are talking here about mass market for Electric Cars. Now we have the Lithium battery technology to make it happen. International Lithium works on the security of Lithium supply for this Electric Revolution.

  Talking about Lithium demand, I have to mention the rapid growth in Alternative Energy. Solar and Wind Power will provide further increase in demand for the Secondary Storage, Lithium Battery technology advancing in this field very fast these days. Autonomous Robotics systems will be another very important customer in the future for the Lithium Industry.

 Our partnership with Ganfeng Lithium places our company at the forefront of this technological rEvolution. How International Lithium shareholders will benefit from this partnership? These transactions have allowed us to cancel approximately US $3.3M in loans plus interest indebted to GFL, and most importantly allowed us to maintain shareholder value by advancing our projects without the need for dilutive equity financing at depressed share prices.  The terms are finalised at 49% ILC/ 51% GFL on Blackstairs project in and 20% ILC / 80% GFL on Mariana project in Argentina for International Lithium and Ganfeng Lithium respectively:

"These projects' structures allow ILC to move forward developing Blackstairs and Mariana projects without diluting our shareholders at the very depressed price levels today.  We are losing part of the project in the J/V format in exchange for the capital investment, but this is the main proper way to finance Junior Mining operations. You are getting the smaller piece of the project, which has received extensive due diligence from much stronger partner and capital for its development. In case of ILC the technology involved from Ganfeng Lithium is even more crucial than the capital."

International Lithium visiting Ganfeng Lithium R&D facilities.

  In addition to securing the Capital to advance the exploration on the properties we have also aligned International Lithium with a company that has the capabilities and technologies to extract and process Lithium into a final user-friendly product - High Purity Battery Grade Lithium which is currently in high demand. In the long run It will potentially save us significant additional processing costs and external consulting fees. 

  What is next for International Lithium? International Lithium and Ganfeng Lithium are now in the budget approval process for the Blackstairs exploration program.  Furthermore, we are finalising our Joint Venture Agreement on the Mariana property after which we will begin the planning process for a follow-up exploration program later in the season. Now we are also working on the strategic structure to advance our Mavis Lake Lithium Tantalum project in Canada.

  Stay tuned or give us a call to chat about ILC and our projects.