
May 25, 2026
ILC Critical Minerals (TSXV: ILC,OTC:ILHMF, OTCQB: ILHMF, FSE: IAH0) Chairman and CEO John Wisbey highlights the undervalued potential of the Raleigh Lake critical minerals project in Ontario.
“Lithium has outperformed in the last year as investors increasingly return to lithium developers with strong jurisdiction and robust economics,” said Wisbey. “We believe our flagship Raleigh Lake stands out as one of the ones that definitely need to be fully appreciated.”
Data from the United States Geological Survey suggests that the United States was 100 percent import-dependent on rubidium, presenting both challenges and opportunities for the project. ILC said it will be playing a full part in building market awareness of the uses of and economic potential for both lithium and rubidium as key materials for the energy sector.
Company Highlights:
- Mining-friendly jurisdiction: Ontario ranked as the 2nd overall jurisdiction for investment attractiveness in 2025.
- Advanced-stage flagship asset: Raleigh Lake has a positive Preliminary Economic Assessment (PEA) released in 2023, with economics showing a post-tax net present value of C$342 million and an IRR of 44.3 percent annually. This assessment did not include the potential value of rubidium.
- Strong financial position: Debt-free Canadian company with a market capitalization of C$5.45 million
Wisbey noted that with lithium prices now 13 percent higher than the PEA, the NPV would be C$421 million. ILC is debt-free, financially disciplined, and positioned to benefit from the growing demand for domestic critical minerals in North America.
ILC:CC

Sign up to get your FREE
ILC Critical Minerals Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Alert Options
No alert set
INN Article Notification
Alert Option
You will be notified when this event occurs. No additional settings needed.
The Conversation (0)
22 January
ILC Critical Minerals
Developing a portfolio of critical metals assets to meet the global demand for clean energy
Developing a portfolio of critical metals assets to meet the global demand for clean energy Keep Reading...
8h
JV Technical & Financial Evaluation
International Graphite (IG6:AU) has announced JV Technical & Financial EvaluationDownload the PDF here. Keep Reading...
9h
Trading Halt
International Graphite (IG6:AU) has announced Trading HaltDownload the PDF here. Keep Reading...
22h
Surface Metals Announces Amendment to Clayton Valley Option Agreement
Surface Metals Inc. (CSE: SUR,OTC:SURMF) (OTCQB: SURMF) (FSE: V6X) (WKN: A417U2) ("Surface Metals" or the "Company") is pleased to announce that it has entered into an amendment (the "Amendment") to its existing option agreement with GeoXplor Corp. ("GeoXplor") related to certain mineral claims... Keep Reading...
16 June
Spartan Metals Discovers Two New Tungsten-Silver Veins at Tungstonia
(TheNewswire) Vancouver, Canada, June 16, 2026 TheNewswire Spartan Metals Corp. ("Spartan" or the "Company") (TSX-V: W OTCQB: SPRMF | FSE: J03) is pleased to announce the discovery of two new tungsten-silver veins at its Tungstonia Claims within its 100% owned Eagle Tungsten-Silver-Rubidium... Keep Reading...
15 June
Drilling Approval Granted for Prophet River Ga-Ge Project
Rapid Critical Metals (RCM:AU) has announced Drilling Approval Granted for Prophet River Ga-Ge ProjectDownload the PDF here. Keep Reading...
15 June
Rapid Critical Metals Ltd Drilling Approval Granted for Prophet River Gallium-Germanium Project
Sydney, Australia (ABN Newswire) - Rapid Critical Metals Limited (ASX:RCM) (OTCMKTS:RCMLF) (FRA:35S) is pleased to announce the receipt of its BC Mines Act Permit for the Prophet River Gallium-Germanium Project in northeastern British Columbia, Canada. The permit clears the path for Rapid's... Keep Reading...
Latest News

Sign up to get your FREE
ILC Critical Minerals Investor Kit
and hear about exciting investment opportunities.
- Corporate info
- Insights
- Growth strategies
- Upcoming projects
GET YOUR FREE INVESTOR KIT
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00



