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International Lithium Corp. V.ILC

Alternate Symbol(s):  ILHMF

International Lithium Corp. is a Canadian lithium exploration company. The Company's key metals are lithium (Li), copper (Cu) and rubidium (Rb). The Company's strategic countries of operation are Canada (Ontario) and Zimbabwe, with a Joint Venture in Ireland. In Canada, the Company's projects include Raleigh Lake, Firesteel, Wolf Ridge and Other. The Raleigh Lake Lithium and Rubidium project consists of over 48,500 hectares (ha) of mineral claims. The Firesteel Copper project consists of 17 mining claims, making up 316 mining claim units covering an area of approximately 6,600 ha. The Wolf Ridge property is comprised of around 275 claim units (around 5,700 ha). Its other projects include Mavis Lake and Forgan Lake. It has applied for various Exclusive Prospecting Orders in Zimbabwe. It has entered into an option agreement to acquire a 100% interest in certain mineral claims located in Manicaland Zimbabwe. It also has a 25% interest in two Projects (440 ha) in Manicaland, Zimbabwe.


TSXV:ILC - Post by User

Comment by SavyTraderon May 20, 2021 6:04pm
280 Views
Post# 33245412

RE:Anyone here still?

RE:Anyone here still?Yes.  You and I have to make the best of it all. I see ILC a LONG hold.  It has a large portfolio of lithium properties in friendly jusridictions throughout North America, Ireland and Argentina, SA.  Fortunately, ILC remains outside of unfriendly jurisdictions such as Chile and Peru which are now subject to adverse tax measures as a result of recent elections which will deter investment  in their mining sector by imposing huge resource taxes. So, ILC is in safe Argentina.  ILC should be promoted  as a "Green Metal Pure Play".

The demand growth for EV Metals through to 2030 is highest for lithium.  The forecast for Battery Metals going into deficit is the highest for lithium  by 2024 at 2.1 Mt at 50% of the world's market when compared to cobalt, copper, natural graphite, nickel, and rare earths. Now is the time to accumulate shares of ILC while waiting for news of assay results from ILC's drilling program at Raleigh Lake, Ontario Canada. Assay results are expected in mid May, any day now.  

Lithium should be the next hot cycle as money is rotating out of copper.
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