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International Lithium Announces Maiden Mineral Resource Estimate at The Raleigh Lake Lithium Project, Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2023) - International Lithium Corp. (TSXV...
About this update from Ilc Critical Minerals Limited
[{"type":"text","content":"International Lithium Announces Maiden Mineral Resource Estimate at The Raleigh Lake Lithium Project, Ontario, CanadaVancouver, British Columbia--(Newsfile Corp. - March 1, 2023) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the \"Company\" or \"ILC\") is pleased to announce a maiden Mineral Resource Estimate (\"MRE\") for the Raleigh Lake Lithium Project (\"Raleigh Lake\", \"The Property\", the \"Project\"), located approximately 25 km west of Ignace, Ontario, Canada. This MRE will be published in a related NI 43-101 Technical Report (the \"Report\") within 45 days of the release of this press release.The Project includes MREs for both lithium and rubidium. The two MREs are closely related due to their spatial relationships, but their respective resource estimates are considered separate and unique.The following highlights taken from the Report, and set out below, should be considered in the context of the detailed information given there.Lithium MRE SummaryThe lithium MRE for Lithium-Caesium-Tantalum (\"LCT\") pegmatites of the Raleigh Lake pegmatite field is presented in Table 1 below. Lithium within the Raleigh Lake deposit is hosted within spodumene laths that are generally green in colour and range in size from less than 1 cm to greater than 8 cm. Pegmatites within the Deposit are weakly zoned and spodumene mineralization is relatively homogenous throughout. The open pit and underground MREs are constrained via optimized pit shell and minable shape wireframes, respectively.Table 1: Lithium Open Pit and Underground MREAreaResource CategoryMass (kt)GradeContainedLi (t)Li (ppm)Li2O (%)Open Pit650ppmLi Cut-offMeasured803,8870.84% 313 Indicated2,0212,9190.63% 5,897 Measured + Indicated2,1012,9560.64% 6,210 Inferred 3,2472,5950.56% 8,427 Underground2,000ppmLi Cut-offMeasured32,5600.55% 8 Indicated1893,2030.69% 606 Measured + Indicated1923,1920.69% 614 Inferred6553,1620.68% 2,073 TotalMeasured + Indicated2,2932,9760.64% 6,824 Inferred3,9022,6910.58% 10,499  Refer to notes on Mineral Resources below.Figure 1: Lithium MRE isometric section view looking southwest with lithium grades.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3232/156717_a7ed59124466baa3_003full.jpg.Rubidium MRE SummaryThe rubidium MRE is presented in Table 2 below. An independent M...