Thursday, 10 December 2015

International Lithium And Ganfeng Lithium Move Mariana Lithium Brine Project Forward In Argentina.



Mr. Kirill Klip, President, International Lithium Corp. comments, “We have always viewed Argentina as a favorable location for mineral exploration and development and have been able to operate in a mutually beneficial manner with the local people and governments. The results of the recent elections have managed to give foreign corporations greater confidence in the future of business and mineral resource development in Argentina. We welcome the change and look forward to working with the newly elected officials and advancing our Mariana lithium brine project in cooperation with our strategic partner, Ganfeng Lithium. Security of lithium supply is becoming more important as witnessed by recent price increases in China, all in advance of the completion of new battery production facilities announced by Tesla and other manufacturers. We continue to build a vertically integrated lithium business with Ganfeng Lithium to meet the future demand of lithium products that will address the increasing demands for lithium raw materials and chemical products.”


International Lithium Receives Notice of License Renewals for the Avalonia Lithium Project, Ireland




"Mr. Kirill Klip, President, International Lithium Corp. comments, “The Avalonia project joint venture, fully funded by strategic partner Ganfeng Lithium Co. Ltd., (“GFL”), could be of strategic importance to the European Union should a sufficient resource be identified. Clean fuel technologies for motor vehicles are becoming increasingly important to the European Economic Community to tackle climate change and the air pollution crisis in major urban areas. Lithium technology will play a major role when it comes to providing batteries for communication devices, electric vehicles and utility storage systems. Renewable sources of energy such as solar and wind power will also benefit from lithium battery technologies and become more commonplace as the problem of intermittency will be addressed providing steady power from these sources 24/7.” Read more."


International Lithium Strategic Partner Ganfeng Lithium Has Reached $3.2 Billon Market Cap.

  



  We can write a lot of very passionate words and even cut beautiful music tracks to bring you on the same wave length, but money talks in business in the end. And now we have this very important confirmation of what is going on in "The Opaque Lithium Kingdom." International Lithium strategic partner Ganfeng Lithium has  reached $3.2 Billon market cap with the all-time-high price of 58.18 RMB per share. Finally, the real money are going now into the Lithium Sector.
  We have two J/V projects financed by Ganfeng Lithium with International Lithium Avalonia in Ireland and Mariana in Argentina. I like what our very talented Team is doing at ILC now.






President Of International Lithium Buys 1 Million Shares In The Company.






  Please read carefully my legal disclaimer. After all our announcements I am allowed now to buy International Lithium shares again and have reported my first transactions a few weeks ago. Now I have finished my private transaction to acquire 1 million shares of International Lithium at 8 cents.



  
 "This purchase is above the current market price of ILC. This securities are purchased for investment purposes only. Nothing on this blog must be taken as an investment advice and I can buy and sell any securities without any further notice.
  Please access insider reporting filing on SEDI and latest financial information on all our companies on SEDAR. Never make any investment decisions without consulting with your preferred qualified financial adviser.
  This blog is for education purposes only: this is my Chronicles of the Energy rEvolution and geopolitical transition of our society into the post carbon world. We are  making it happen with our very talented Team at International Lithium and TNR Gold. I like what our Team is doing now at International Lithium and putting my money where my mouth is. Read more."

International Lithium At Wentworth: Back Into The Future - The World Just Before The INTERNET.


  








  I would like to share today with you my presentation at Wentworth last week. International Lithium Team was on our European roadshow and we have visited Ireland as well during that trip. We were very fortunate and proud to meet  hero Kevin Michael Vickers - the Ambassador of Canada to Ireland. You can find more pictures on my tweeter feed and stay tuned for the coming developments. 







International Lithium:

International Lithium and Ganfeng Lithium Move Mariana Lithium Brine Project Forward in Argentina


Vancouver, B.C. December 10 2015, International Lithium Corp. (the “Company” or “ILC”) (TSX VENTURE:ILC.V) is pleased to announce that together with strategic partner Ganfeng Lithium Co. Ltd., (“GFL”) a preliminary budget of US $4,000,000 is approved for exploration and development work during 2016 on the Mariana and Avalonia joint venture projects.



As previously announced on December 8, 2015 the companies have allocated a budget of approximately 750,000 Euros (approximately US $810,000) to the 2016 Avalonia exploration season with the remainder, US $3,190,000 dedicated to the Mariana Lithium project in Argentina. The Company is making preparations to begin fieldwork on both projects in January 2016.



In Argentina, the funds will be used to begin investigation of the natural evaporation concentration process of the brine. This will begin with laboratory bench testing of the brine followed up by on-site field-testing. In addition baseline climate studies will continue and aquifer and basin hydrology characterization will be conducted in preparation for environmental assessments required prior to commencing larger scale testing.



Mr. Kirill Klip, President, International Lithium Corp. comments, “We have always viewed Argentina as a favorable location for mineral exploration and development and have been able to operate in a mutually beneficial manner with the local people and governments. The results of the recent elections have managed to give foreign corporations greater confidence in the future of business and mineral resource development in Argentina. We welcome the change and look forward to working with the newly elected officials and advancing our Mariana lithium brine project in cooperation with our strategic partner, Ganfeng Lithium. Security of lithium supply is becoming more important as witnessed by recent price increases in China, all in advance of the completion of new battery production facilities announced by Tesla and other manufacturers. We continue to build a vertically integrated lithium business with Ganfeng Lithium to meet the future demand of lithium products that will address the increasing demands for lithium raw materials and chemical products.”



John Harrop, P.Geo, FGS, is the Company’s Qualified Person on the project as defined under NI 43-101 and has reviewed the technical information contained in this press release.


International Lithium Corp. is an exploration company with an outstanding portfolio of projects, strong management ownership, robust financial support and a strategic partner and keystone investor Ganfeng Lithium Co. Ltd., a leading China based lithium product manufacturer.
The Company’s primary focus is the Mariana lithium-potash brine project, within the renowned South American “Lithium Belt” that is the host to the vast majority of global lithium resources, reserves and production. The 160 square kilometre Mariana project strategically encompasses an entire mineral rich evaporate basin that ranks as one of the more prospective salars or ‘salt lakes” in the region.
Complementing the Company’s lithium brine project are rare metals pegmatite properties in Canada (Mavis project) and Ireland (Avalonia project). These projects reported highly encouraging lithium mineralization in drill holes targeting pegmatites that are unexposed at surface (news releases dated April 3, 2013 and June 25, 2013).

With the increasing demand for high tech rechargeable batteries used in vehicle propulsion technologies and portable electronics, lithium is paramount to tomorrow’s “green-tech” economy. By positioning itself with solid development partners and acquiring high quality grass roots projects at an early stage of exploration, ILC aims to be the green tech resource explorer of choice for investors and build value for its shareholders.

On behalf of the Board of Directors,

Kirill Klip
President, International Lithium Corp.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company’s future plans and objectives or expected results, are forward-looking statements. News release contains certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.