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International Lithium Corp. and Pioneer Resources Increase Claims and Mobilize Crews to the Mavis and Raleigh Lithium Pegmatite Projects, Ontario, Canada
VANCOUVER, BC / ACCESSWIRE / October 11, 2016 / International Lithium Corp. (TSXV: ILC.V ) (...
About this update from Ilc Critical Minerals Limited
[{"type":"text","content":"International Lithium Corp. and Pioneer Resources Increase Claims and Mobilize Crews to the Mavis and Raleigh Lithium Pegmatite Projects, Ontario, CanadaVANCOUVER, BC / ACCESSWIRE / October 11, 2016 / International Lithium Corp. (TSXV: ILC.V) (the \"Company\" or \"ILC\") in conjunction with strategic partner Pioneer Resources Limited (\"Pioneer\") (ASX: PIO) have mobilized field crews to the Mavis and Raleigh lithium pegmatite projects east of Dryden, Ontario, Canada. In addition, 3 claims totalling 640 hectares (1,581 acres) were added to the west and along trend of the high-grade lithium spodumene pegmatites adjacent to the Mavis project boundary.\nPlanned Exploration Programs' Key Highlights:\nMavis: 400 lithogeochemical (rock chips) sample program to refine drill targets in high priority areas;\nMavis West:\n\n 3 claims totalling 640 hectares newly staked to encompass extension of high-grade pegmatites near western edge of previous Mavis project boundary;\n 58 km ground magnetic survey to delineate target lithology along pegmatite trend;\n 100 lithogeochemical sample program to define continuation of pegmatite corridor;\n\nRaleigh: \n\n 500 lithogeochemical sample program to refine and extend drill targets in high priority areas;\n Comprehensive airborne magnetic survey across entire project to delineate target lithology to assist with drill placement;\n\nMavis and Raleigh Exploration Programs\nA $1 million budget has been allocated across the Mavis and Raleigh lithium pegmatite projects (\"Projects\"). The exploration programs will include lithogeochemical sampling, ground and airborne geophysics and 3,000m of diamond drilling with 1,500m allocated to each of the Projects and anticipated for the fall and winter 2016. The budgeted exploration expenditures will be wholly funded by Pioneer as part of their earn-in on the Projects (See details regarding the terms of the Mavis and Raleigh option agreements in Company news releases dated June 22 and July 26, 2016).\nTo date a continuous-reading ground magnetic survey has been completed over much of the Mavis Lithium Project that has produced a high resolution image revealing the preferential lithological contacts and structures hosting the lithium spodumene pegmatites. In addition a first phase of lithogeochemical sampling has been completed. The current field program will primar...