Business
International Lithium's Phase 3 Drilling Returns 2.25% Li2O Over 15.82m, and 1.21% Rb2O Over 3.98m at Raleigh Lake Lithium Project, Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2023) - International Lithium Corp. (T...
About this update from Ilc Critical Minerals Limited
[{"type":"text","content":"International Lithium's Phase 3 Drilling Returns 2.25% Li2O Over 15.82m, and 1.21% Rb2O Over 3.98m at Raleigh Lake Lithium Project, Ontario, CanadaVancouver, British Columbia--(Newsfile Corp. - February 6, 2023) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the \"Company\" or \"ILC\") is pleased to announce assay results for Phase 3 of the diamond drilling program at Zone 1 of the Raleigh Lake Lithium project near Ignace, Ontario, Canada.The Raleigh Lake project consists of 48,500 hectares (485 square kilometres) of adjoining mineral claims 100% owned by ILC. It is not subject to any encumbrances and is royalty free. It is located less than 20 kilometers directly west of the Township of Ignace, Ontario. It distinguishes itself from other lithium projects in Canada by being very well situated near to major public infrastructure; the Trans-Canada Highway, with direct access to Thunder Bay on Lake Superior, is less than six kilometers north of the project as is the mainline of the Canadian Pacific Railway, natural gas pipelines, and the hydro power line junction at Raleigh LakeDrilling HighlightsAll Phase 3 holes testing Pegmatite 1 in Zone 1 intersected spodumene-bearing pegmatite, demonstrating tremendous continuity of the mineralized body (see Figure 1).Thicker and higher-grade mineralization intersected closer to surface as anticipated.Phase 1, 2 and 3 pierce points have intersected Pegmatite 1 along a strike length of over 800 metres and along its dip for over 400 metres.All results from Phase 3 are to be included in the upcoming mineral resource estimate.Pegmatite 1 Spodumene Zone Intersection Highlights*RL22-45: 4.85 metres grading 2.06% Li2O in lower spodumene zone (from 89.5 metres);RL22-48: 15.82 metres grading 2.25% Li2O (from 65.56 metres);RL22-49: 2.21 metres grading 2.47% Li2O (from 72.69 metres);RL22-50: 4.62 metres grading 2.29% Li2O (from 56.12 metres);RL22-56: 2.96 metres grading 2.13% Li2O (from 72.42 metres);Pegmatite 1 Rubidium Bearing Microcline Intersection Highlights*RL22-45: 3.98 metres grading 1.21% Rb2O from 85.52 metres;RL22-57: 4.69 metres grading 0.60% Rb2O from 152.51 metres.* All intervals reported are downhole core lengths. Accurate true widths are unknown at this time but are estimated to be within 80-100% of the reported intervals based on the geometry of the bodies and...