International Lithium Corp. (ILC:CA)

  bullinvests     |     Posted: Tue, 24 May 2011 - 7:07 pm

ILC is now trading on TSXV - up 100% first day

Huge potential - right area, tightly held structure, good JV partners from China

I'm bidding at $0.25

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Comment:

Huge potential - right area, tightly held structure, good JV partners from China I'm bidding at $0.25

International Lithium Corp. (ILC:CA)

International Lithium Corp. ("ILC") a "Clean Tech" lithium resource developer with a global portfolio of lithium assets.

International Lithium Corp. ("ILC") currently holds highlyprospective projects in the most prolific areas of the world for lithium and rare metals. ILC has recently secured a strategic investor, Jiangxi Ganfeng Lithium Co Ltd, from China, with focus on advancing the core ILC projects.

1. An introduction to International Lithium Corporation, a promising lithium exploration company with excellent potential and future growth:
1. With the rise of electric vehicles and a 5% penetration rate by 2020.  Approx. 60 000 tonnes of lithium will be required to fill future demand in this decade.
2. ILC is a newly listed TSX Venture lithium developer (IPO on May 24, 2011) with a significant ownership by TNR Gold Corp, a group with a history of resource exploration among world class lithium and rare earth deposits.
3. Corporate management has a wealth of experience and significant invested interest in the company with director owning 11.
1. Management profiles
2. Strong technical and financial personnel
4. Already successfully secured a strategic investor in Jiangxi Ganfeng Lithium:
1. A leading public Chinese lithium product manufacturer with a 9.99% equity stake who will bring project development assistance.
2. Manufacturer for chemical processing, battery development, and technology products. 
2. Features over 9 deposits worldwide in lithium and rare earths. Two of the company’s leading lithium projects include:
1. Mariana Project – Potentially one of the highest potash grades from lithium brines with 100%  ownership claims of over 160 sq. kms in total size. Situated south of the largest lithium brine in the world (SQM’s Atacama) in northern Argentina, Mariana can be fast tracked to resource and potential production in the coming years due to the simplicity of the brine production model.
2. Fish Lake Valley Project – Adjacent valley to Silver Peak Clayton valley with claims of over 4800 hectares in the area.
3. Other valuable ongoing projects include:
1. Niemi & Forgan Lake - Georgia Lake
2. Mavis Lake - Dryden
3. Moose 2 Property – Northwest Territories
4. Leinster pegmatite belt – Ireland

Keep an eye on International Lithium Corporation for its portfolio of high potential deposits, strong management with proven track record to develop projects, and potential share price appreciation as the projects advance.

Links

• Fact Sheet
• Interview with Mike Sieb, B.Sc (Geo), MBA
• IM Global Lithium Roundup - June 2011
• Industrial Minerals Coverage - May 2011