International Lithium Corp.: Phase 1 Drill Program Has Commenced Mariana Lithium Brine Project, Argentina

International Lithium Corp. ("ILC" or the "Company") (TSX VENTURE:ILC)(TSX
VENTURE:ILC.WT) is pleased to announce the Phase 1 resource delineation reverse
circulation drill program has commenced at the Mariana lithium brine project in
the province of Salta, northwestern Argentina.


Key Highlights:



--  Drilling has commenced at the Mariana lithium brine project; 
--  Initial drill program of wide spaced drill holes to optimize coverage: 
--  Objective is to characterize the subsurface brine grade across different
    regions within the salar; 
--  In preparation of an extensive Phase 2 drill program. 



"This Phase 1 drill program on the Company's Mariana lithium brine project is
much anticipated and will provide the basis to rightfully rank the project
amongst some of the more advanced projects in the world," states Mike Sieb,
President of the Company.


Mariana Drill Program

The Company has commenced a 3-5 hole Phase 1 drill program on the Mariana
lithium brine property. The goals include a) geochemical characterization of the
subsurface brine across different regions within the basin, b) identification of
the stratigraphy for a geological model of the salar, and c) identification and
characterization of the aquifer potential of the basement of the salar. The
Company's intent is to utilize this drill program as a first step towards a
resource classification of the brine. Subsequent to completion and analysis of
results, a more extensive Phase 2 drill program will be planned that will focus
on the priority areas of the salar identified through the current program. The
objective of the Phase 2 drill program will be to continue to delineate,
characterize and add to the confidence level of the geochemistry of the host
aquifer; with an Inferred Resource estimate targeted for late 2012.


About the Mariana Project

The Mariana lithium brine project in Argentina, covering an expansive 160 square
kilometres, revealed highly compelling geochemistry from a preliminary
investigation that returned average grades of 440 mg/L lithium and 12,700 mg/L
potassium. The potassium levels were unexpected and represent one of the highest
grades comparative to any of the neighbouring salars outside of the world class
operation on the Atacama salar in Chile.


John Harrop, P.Geo, is the company's Qualified Person on the project as required
under NI 43-101 and has reviewed the technical information contained in this
press release.


ABOUT INTERNATIONAL LITHIUM CORP.

International Lithium Corp. is an international rare element metals ("REM")
exploration company with an outstanding portfolio of projects, strong management
ownership, robust financial support and a strategic partner, Jiangxi Ganfeng
Lithium Co. Ltd., a leading China based lithium product manufacturer, as a
keystone investor.


ILC currently has 9 active REM projects, well balanced between lithium brines in
Argentina and Nevada and hard-rock pegmatites in Canada and Ireland. The
Company's primary focus is the Mariana lithium brine project, a salar or 'salt
lake', covering 160 square kilometres and strategically encompassing the entire
basin. Mariana is located in the renowned South American 'Lithium Belt' centred
on the junction of Argentina, Bolivia and Chile that is host to the vast
majority of global lithium resources, reserves and production. The Mariana
lithium brine project ranks as one of the more prospective salars in the region.


Complementing the Company's lithium brine projects are the REM pegmatite
properties. The key characteristics shared by the hard-rock REM projects are
their limited past exploration, excellent accessibility, limited assaying for
rare metals, clear potential for additional exploration to add project value and
development potential to meet the global technological growth in demand for the
REM suite of elements.


International Lithium Corp.'s mandate is to increase shareholder value through
aggressive advancement of its core projects and to source joint venture partners
to expand the scope and diversify risk of its exploration effort.


On behalf of the Board,

Mike Sieb, President - International Lithium Corp.

Statements in this press release other than purely historical information,
historical estimates should not be relied upon, including statements relating to
the Company's future plans and objectives or expected results, are
forward-looking statements. News release contains certain "Forward-Looking
Statements" within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. Forward-looking statements are based on
numerous assumptions and are subject to all of the risks and uncertainties
inherent in the Company's business, including risks inherent in resource
exploration and development. As a result, actual results may vary materially
from those described in the forward-looking statements.
International Lithium (TSXV:ILC)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024