“Our combined perseverance over the last five years has culminated in this momentous milestone. We look forward with our strategic partner Ganfeng Lithium to the advancement of the Mariana Lithium brine project towards operational permitting” states Mr. Kirill Klip, President, International Lithium Corp. “This is a clear indication that our careful approach in identifying high quality projects at an early stage of development, whether they are brines or pegmatites, and sourcing strategic partners to assist in the development of these assets is proven successful. ILC intends to apply this approach and rapidly advance the Company’s portfolio of high quality lithium projects in this increasingly vital market segment.”
International Lithium Discovers Deeper Aquifer At the Mariana Lithium Brine Project In Argentina, A Joint Venture With Ganfeng Lithium.
We are very pleased to celebrate our 5th IPO anniversary with our strategic partner $4.5 Billion giant from China Ganfeng Lithium. These new discoveries at Mariana Lithium Brine J/V project in Argentina and at Avalonia Lithium Hard Rock J/V project in Ireland show International Lithium's very deep technical Team at its best, delivering the results based on the advanced exploration technologies developed by ILC both for lithium brine and lithium hard rock projects. On behalf of all shareholders, I would like to thank all ILC Team and particularly Gary Schellenberg, Anthony Covacs, John Harrop, Bruno Kasper and Mike Sieb for these outstanding exploration results bringing Mariana and Avalonia projects to the new level of development.
Mr Kirill Klip, President, International Lithium Corp. comments, “The recent exploration results show that Mariana is exhibiting the potential to be a significant source of lithium brine. The joint venture project, together with Ganfeng Lithium will strive to acquire the necessary data to rapidly advance the project to a pilot plant testing facility. We are currently experiencing recognition in the capital markets as to the importance of lithium supply and Argentina comes to the forefront of jurisdictions that have the ability to develop a secure supply of lithium raw materials for electric vehicles and the increasing energy storage markets.”
International Lithium And Ganfeng Lithium Discover New Pegmatite At The Avalonia Lithium Project, Ireland.
"We have another discovery at our Avalonia J/V project In Ireland with $4.5 billion giant from China Ganfeng Lithium."
"Gary Schellenberg, CEO, International Lithium Corp. comments, "This programme was successful in both delineating further mineralization at one of the project's main lithium pegmatites, and testing earlier stage targets we have advanced along the belt. Developing the pegmatite at Aclare is a high priority, but we also firmly believe in the potential for significant undiscovered pegmatites along the entire 30-kilometre belt. We are particularly looking forward to returning to explore the extensive pegmatite boulder trains at Moylisha"
It took International Lithium 7 years of building its Lithium business and 5 years of partnership with Ganfeng Lithium: $4.5 billion market cap giant from China - to receive this acknowledgement to celebrate our 5th IPO anniversary: Watch the video."
Race For Renewable Energy Technologies Charges Lithium Market. Chinese Lithium Leader Secures Supply Sources.
"Ganfeng has a strong commitment to supply Lithium product to various industries worldwide,” stated Ganfeng’s Director, Wang Xiaoshen, “so we clearly have a vested interest in these projects and have been very hands-on in the evaluation of ILC’s properties. Our company is the only one in the world that has commercial production capacities to extract Lithium from both brine and spodumene, and we continually implement cutting-edge technologies to our processes. I feel confident that this is a fit for our operations and the potential these projects hold." Read more."
Please carefully read my legal disclaimer, nothing on this blog represents investment and/or tax advice. Please always consult your qualified financial adviser before making any investment decisions.
Ganfeng Lithium and International Lithium Approve USD 12 Million Budget to Accelerate the Mariana Lithium Brine Project in Argentina
Vancouver, B.C. 18 July 2016, 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”, collectively “the Companies”) a budget of US $12 million is approved to accelerate the exploration and development program currently underway at the Mariana Lithium project in Argentina (News Releases May 11 and June 16, 2016).