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International Lithium Announces Measured + Indicated Resource of 4.41 Million Tonnes LCE at Mariana Lithium Brine Project
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2020) - International Lithium Corp....
About this update from Ilc Critical Minerals Limited
[{"type":"text","content":"International Lithium Announces Measured + Indicated Resource of 4.41 Million Tonnes LCE at Mariana Lithium Brine ProjectVancouver, British Columbia--(Newsfile Corp. - February 6, 2020) - International Lithium Corp. (TSXV: ILC) (the \"Company\" or \"ILC\") is pleased to announce the receipt of a technical report from strategic partner Ganfeng Lithium Co. Ltd., (\"GFL\") and (GFL and ILC together the \"Companies\"), that contains an updated mineral resource estimate for the Mariana lithium brine project (the \"Project\") located in Salta, Argentina.HighlightsThe resource estimate contained in the technical report, detailed in the table below, includes:4,410,000 tonnes of lithium carbonate (\"Li2CO3\") equivalent (LCE) in the Measured and Indicated Resource categories, an increase of 253% over the 2017 estimate of 1,248,000 tonnes of Indicated Resource49,700,000 tonnes of potash (\"KCl\") equivalent in the Measured and Indicated Resource categoriesan additional 786,000 tonnes of Li2CO3 and 9,260,000 tonnes KCl in the Inferred Resource categoryThe weight of contained lithium within the Measured and Indicated Resources represents a 253% increase over the 2017 Mineral Resource estimate, and the contained lithium within the Inferred Resources represents a 32% increase over the 2017 figures.Technical Report - Mariana Lithium Brine Project, ArgentinaFurther to the Company's news releases dated March 8, 2017, and April 20, 2017, ILC has received a technical report for the Mariana lithium brine project containing an update to the maiden resource estimate for the project. Geos Mining Minerals Consultants (\"Geos\") based in Sydney, Australia prepared an independent lithium brine resource estimate for the Companies' Mariana lithium brine deposit in Argentina and prepared the technical report in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (the \"Technical Report\").The Technical Report, entitled \"Update of Lithium Brine Mineral Resources; Mariana Project, Salar de Llullaillaco, Argentina\" and dated January 12, 2020, is now available on the Company's website and under the Company's profile at www.SEDAR.com. The effective date for the resource estimate is August 23, 2019, which represents the date of the most recent data that supports the brine estimate in the Technical Report.The following highl...