International Lithium Corp. (TSXV:ILC)Technology
International Lithium Corp (TSXV:ILC) is a Vancouver-based clean technology lithium resource company that explores, develops and acquires lithium properties and metals projects.
The company also owns and operates on brine and hard rock lithium mining properties.
The Canadian company has a 100 per cent stake in Raleigh Lake project and has joint venture partnership in the Mariana Lake project in Argentina.
The company claims to focus on creating long-term value for its shareholders from lithium and battery metals operations.
The company operates on the Mariana Lake project through its Joint Venture agreement with Ganfeng Lithium. The Argentina-based project reportedly produced 4,410,000 tons of lithium carbonate. The firm says that the Mariana project is one of the most enormous lithium brine exploration prospects globally.
International Lithium Corp also aims to continue drilling on its 100 per cent owned Raleigh Lake property in Ontario. The company focuses on developing potash, high-grade lithium, and rare metal deposits.
The firm’s portfolio of projects consists of the following assets:
• 100% Owned Raleigh Lake Project in Ontario, Canada
• Mariana Project, a JV project in Argentina
• Mavis Lake Project is a joint venture project with Pioneer Resources
• Avalonia Project is an Ireland-based joint venture project with Ganfeng Lithium
• Forgan Lake/West Georgia Project in Canada
Raleigh Lake Project
The Canadian project is located approximately 235 kilometers west of Thunder Bay in Ontario. It includes spodumene-bearing lithium pegmatite.
Raleigh lake project has numerous lithium occurrences, the mining firm claims. It adds that the property is connected with rail service, electric power, and sealed roads.
Mariana Lake Project
Mariana Lake project is located on the Chile border near the Salta–Antofagasta Railway.
This project lies between the Lindero gold project and Taca Taca copper project. It consists of a lithium brine deposit situated in Salta, Argentina, in an area recognized as Lithium Triangle.
The Mariana property also consists of significant mineral rights in Salar de Llullaillaco area, the firm claims.
Mavis Lake Project
It is another Canadian asset located approximately 19 kilometers east of Dryden in Ontario near Trans-Canada highway. The property comprises contiguous mining claims covering 2,544 hectares and six contiguous mining leases covering 88.4 hectares.
It also includes the Fairservice prospect, which comprises Pegmatite six target and the Mavis prospect consisting of numerous pegmatite targets.
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