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International Lithium Corp. Discovers over 20 New Pegmatites, Further Expands Raleigh Lake Lithium and Rubidium Project in Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2021) - The board of Internation...
About this update from Ilc Critical Minerals Limited
[{"type":"text","content":"International Lithium Corp. Discovers over 20 New Pegmatites, Further Expands Raleigh Lake Lithium and Rubidium Project in Ontario, CanadaVancouver, British Columbia--(Newsfile Corp. - December 16, 2021) - The board of International Lithium Corp. (TSXV: ILC) (the \"Company\" or \"ILC\") is pleased to announce the further expansion of its Raleigh Lake lithium and rubidium project in Ontario, Canada where it now has claims totalling over 47,000 hectares (470 square kilometres), an increase of more than 20,000 hectares from the previously announced 27,000 hectares (October 25, 2021). At the same time the Company announces the completion of an exploration program at Raleigh Lake and the discovery of several new pegmatite occurrences within the expanded claim holdings.HighlightsRaleigh Lake claims expanded to 47,000 hectares based on structural interpretations and successful discoveries of pegmatites during short field programOver 20 new and previously unknown pegmatites discovered throughout the expanded Raleigh Lake project claim groupingsPotassium and rubidium ratios in several pegmatites sampled indicate a highly evolved pegmatite system capable of hosting lithium, caesium, rubidium and tantalum mineralization International Lithium Corp. carried out a field program at the Raleigh Lake project in October 2021 which included a regional lithogeochemical survey within the newly expanded historical claim group, a biogeochemical orientation survey over the main pegmatites in Zone 1, regional prospecting and mapping of cut blocks within the historical claim group and a cursory examination of highly prospective ground recently acquired through staking. Highlights of the recent work include the discovery of over 20 new and previously unknown pegmatites within the newly acquired mineral claims.Given the sizeable area and the number of new claims, the project is being divided according to geographic parameters and certain controls on the type of mineralization styles within these zones (Figure 1):Raleigh Lake - approximately 14,000 hectares consisting of the original 3,000 hectare claim group and hosting the spodumene rich mineralization in Pegmatite 1 and Pegmatite 3. This claim group was divided into 5 zones previously and is now extended to the south and east encompassing most of the Raleigh Lake Greenstone Belt.Hawk Lake - is approximat...