Business

International Lithium Corp. Intersects 10 Metres of Zoned Pegmatite With Up to 40% Spodumene in First Two Holes at Raleigh Lake Lithium and Rubidium Project in Ontario, Canada

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2022) - International Lithium Corp. (...

articleIlc Critical Minerals LimitedMarch 21, 20225/company/international-lithium-corp/news/international-lithium-corp-intersects-10-metres-of-zoned-pegmatite-with-up-to-40percent-spodumene-in-first-two-holes-at-raleigh-lake-lithium-and-rubidium-project-in-ontario-canada
International Lithium Corp. Intersects 10 Metres of Zoned Pegmatite With Up to 40% Spodumene in First Two Holes at Raleigh Lake Lithium and Rubidium Project in Ontario, Canada

About this update from Ilc Critical Minerals Limited

[{"type":"text","content":"International Lithium Corp. Intersects 10 Metres of Zoned Pegmatite With Up to 40% Spodumene in First Two Holes at Raleigh Lake Lithium and Rubidium Project in Ontario, CanadaVancouver, British Columbia--(Newsfile Corp. - March 21, 2022) - International Lithium Corp. (TSXV: ILC) (the \"Company\" or \"ILC\") is pleased to announce that drilling is underway at the 100% owned Raleigh Lake lithium, rubidium and caesium project near Ignace, Ontario. The Company also reports positive results from the biogeochemical orientation survey described in the December 16, 2021 news release.Drilling HighlightsUp to 5,000 metres of drilling planned in two stages is underwayThe first drill hole, DDH22-09, intersected 10 metres of pegmatite containing over 40% spodumene (estimated true thickness of 8.5m) at 90 metres downhole (see Figure 1)The second hole, DDH22-10, intersected a 21-metre interval (13 metres estimated true thickness) of zoned spodumene bearing pegmatite (Figure 2)DDH22-10 was drilled from the same pad as DDH22-09 and angled to intersect the pegmatite approximately 50 metres from DDH22-09The pegmatite intersections from these first two holes are the thickest observed to date and coupled with structural inferences made from oriented core, suggest that a feeder dyke system may have been discovered at Raleigh LakeBiogeochemical Survey HighlightsResults demonstrate strong Caesium (Cs) and Rubidium (Rb) anomaliesCs and Rb anomalies correlate well with known buried pegmatite occurrencesThe orientation survey results and analysis confirm that biogeochemical sampling will be an effective exploration tool for targeting blind LCT pegmatites (lithium-caesium-tantalum) at Raleigh Lake2022 Phase 1 DrillingDDH22-09 and 10 are the first holes of the 2022 season and drilled at Zone 1 in the vicinity of Pegmatite 1 and 3. DDH22-09 was drilled at an azimuth of 315 degrees and intersected 10 metres of pegmatite starting at a depth of 90 metres downhole. This intersection is interpreted as Pegmatite 1 and is very likely the richest intersection of spodumene mineralization on the project to date. It contains 40% to 50% spodumene mineralization over 6.5 metres and is associated with a 3.5 metre megacryst of microcline. Coarse spodumene blades oriented nearly parallel to the core axis and high angle contacts are indicative that the interval is close to t...

More updates from Ilc Critical Minerals Limited