International Lithium Provides Update on Argentina and Ireland Projects

International Lithium (TSXV:ILC.V) provided an update on ongoing work at its Mariana project in Argentina and its Avalonia project in Ireland.
As quoted in the press release:

As announced on June 1, 2015 a 171-metre core recovery drill hole (“DHMA15-09PW”) was completed near the centre of Salar de Llullaillaco approximately 20 metres from drill hole DHMA12-07, a reverse circulation (“RC”) drill hole. Drill hole DHMA15-09PW confirmed the presence of two aquifers. One aquifer is from surface to 30 metres while the other is from 53 to 119 metres.
Analytical results from the 2015 drill hole are similar to those from the 2012 drill program, for example the interval from 6.3 to 111.5 metres averages 318 mg/L lithium, 9,255 mg/L potassium and 605 mg/L boron. Table 1 compares the lithium results from drill hole DHMA15-09PW with those of DHMA12-07.
Analytical results from samples collected at DHMA10-01 and -02 (located 890 metres to the east and 950 metres to the west, respectively) are also consistent with the results from DHMA15-09 and DHMA12-07 indicating a uniform concentration of metals and metal ratios over a large surface area as well as throughout the two aquifers.
Analytical results taken during the pump tests remained consistent even after long periods of pumping further supporting the concept that metal concentrations within Salar de Llullaillaco may be homogenous over a large area.

Regarding the Avalonia project, the company stated:

As announced on June 1, 2015 a programme of mapping, prospecting and geochemical sampling over the 30 kilometre strike length of the lithium-pegmatite belt has been completed and a preliminary interpretation of the results concluded.
Twelve (12) new targets were identified through geochemical surveys and prospecting, bringing the total to 21 targets now identified within the belt as having a high probability of containing spodumene bearing pegmatite. Only 7 of these targets have had any drill testing with three showing significant spodumene intersections and elevated lithium concentrations.
The pegmatite belt is buried under soil cover with very little outcrop making exploration difficult. Targets are considered blind and historically, lithium pegmatites were located by prospecting for spodumene bearing boulders – often observed in field walls. The regional and detailed geochemical surveys were designed to test the belt in areas between the lithium bearing boulder trains. The surveys have successfully outlined the main lithologies through cover and subsequent drill testing confirms that pegmatites can be traced by soil geochemistry.
A small 680 metre drill program of fifteen (15) holes was conducted over two target areas more than three kilometres apart. Each area had a line of short holes drilled across the target. At the first target several pegmatite bodies were intersected but none with significant spodumene. At the second target area spodumene bearing pegmatite grading 1.29% Li2O over 1.60 metres was intersected at shallow depth, adjacent to subcrop containing spodumene (MON15-09). In addition, part of the secong target area successfully tested below a lithium soil anomaly for a blind bedrock source. MON15-14 intersected pegmatite grading 2.24% Li2O over 0.71 metres. All widths are reported in core length and do not reflect true width. Both tests in the second area confirm the viability of the exploration methods used for advancing exploration targets to the delineation drilling stage.
Oriented core technology was used at both targets to maximize collection of structural data and confirm the orientation of the pegmatite bodies to better target future drilling campaigns. Previous pegmatite drilling experience indicates that granitic pegmatites can occur in proximity to spodumene and rare metal bearing pegmatites. Further work is planned at both target areas.
Work reports, as required by the Energy and Mines Division, Republic of Ireland, are now submitted for the eight prospecting licenses.

Click here for the full press release.