The close proximity of the Mavis and Raleigh Projects presents clear strategic and operational advantage. ILC is pursuing lithium prospects with reported high grades in this region and seeking to consolidate them with the aim to identify sufficient resources in multiple prospects to potentially feed a common processing facility. The Upper Canada Lithium Pool is the anticipated geographical consolidation of projects and partnered companies hosting amenable grade, volume, access and infrastructure in order to mitigate the financial burden on any one company when advancing specific projects to reach this goal.
“Pooling projects to optimize development potential in this area has long been known as a strategy, but that only now is being executed. International Lithium Corp. is spearheading this directive and uniquely positioning itself to be the focal point for the burgeoning rare metals exploration activity in this region” states Anthony Kovacs, Chief Operating Officer, International Lithium Corp
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Things could progress a lot sooner than many envisage with our
JV with ILC and their offtake agreements with Ganfeng and Ganfengs
17.5% ownership in ILC...
PIO Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held