Vancouver, British Columbia--(Newsfile Corp. - August 12, 2016) - International Lithium Corp. (TSXV: ILC.V) (the "Company" or "ILC") is pleased to announce that following a successful
first round of drilling at the Avalonia project in Ireland earlier this year (Company news releases dated July 21, June 9 and April
11, 2016), the Company has mobilized two drills for a follow-up round of drilling at the Aclare prospect within the greater
Avalonia project area. In conjunction, field crews have commenced detailed geochemical surveys on additional priority areas in
preparation for drilling.
Aclare Drill Programme
Drilling completed earlier this year (Company news releases dated July 21, and June 9) has indicated that the main lithium
bearing pegmatite at Aclare is less faulted than previously interpreted and exhibits inflections along the strike suggesting areas
where the pegmatite thickens. Two drills have been mobilized to the property with the first hole collared on 8 August. A 500 metre
drill programme will investigate the shape of the main pegmatite body and a series of short drill holes are planned to test the
continuation of the Aclare pegmatite along trend. Drilling is anticipated to take approximately three weeks.
Field Exploration
Soil gas hydrocarbon (SGH) soil surveys are planned over three targets including Aclare where the positions of pegmatite targets
are well known through drilling and historical trenching. The SGH method has previously been used by other companies to detect
lithium pegmatites through soil cover. One of the other target areas selected to perform this survey is at the Moylisha prospect
situated approximately 10 kms northeast of Aclare.
In addition to the SGH survey, the Company is awaiting permits to commence trenching at Moylisha. The Moylisha target area
contains extensive boulder trains of spodumene bearing pegmatite assaying up to 4.59% Li2O* that have yet to be traced back to
source. The combined objective of the planned exploration surveys at Moylisha is to identify the geology hidden under soil cover
and to specifically locate the pegmatite source of the lithium rich boulders. The results from this exploration program at Moylisha
will be utilized in planning the next phase of drilling.
* Previously reported grab sample in Company news release dated January 31, 2012. Grab samples are by
definition selective and are unlikely to represent average grades on the property.
Gary Schellenberg, CEO, International Lithium Corp. comments, "Each day we advance our understanding of the 42 km long Avalonia
lithium pegmatite belt, we continue to be highly encouraged as the exploration potential is wholly reinforced. Even as we commence
this stage of drilling at Aclare, we are preparing the next priority targets for drilling as we systematically test the known
multitude of targets".
John Harrop, P.Geo, FGS, a Qualified Person on the project as defined under NI 43-101 and has supervised the preparation of
technical information contained in this press release.
About International Lithium Corp.
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, a joint venture with Ganfeng Lithium Co. Ltd. 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 three rare metals pegmatite properties in Canada known as the Mavis,
Raleigh, and Forgan projects; and one project in Ireland (Avalonia project) that encompasses an extensive 50km long pegmatite belt.
The Avalonia project is under option to strategic partner Ganfeng Lithium and the Mavis and Raleigh projects with strategic partner
Pioneer Resources Limited (ASX: PIO). The Mavis, Raleigh and Forgan projects together form the basis of the Company's newly created
Upper Canada Lithium Pool designated to focus on acquiring numerous prospects with previously reported high concentrations of
lithium in close proximity to existing infrastructure.
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", sustainable 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 resource explorer of
choice for investors in green tech and build value for its shareholders.
On behalf of the Board of Directors,
Kirill Klip
President, International Lithium Corp.
For further information regarding this news release contact Caroline Klukowski (Corporate Communications) at 604.687.7551 or
view the website at www.internationallithium.com
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.