We welcomed John Wisbey, CEO and Chairman of International Lithuim Corp, a TSX-listed Canadian lithuim explorer to the London South East studios. ILC have two main interests, 100% owned Raleigh Lake in Ontario, Canada, which has geological similarities to the Tanko mine nearby.
Secondly they have a 15% stake in Mariana, a Lithuim brine mine in the LatAm Lithuim belt in Argentina. The majority partner in the project is the Chinese lithium giant Gangfeng, who also own 11 % of ILC.
John explained that ILC are focusing on Raleigh Lake and are currently conducting a geological drone study there, with a 20 hole geological survey to follow, having raised 5M Canadian $ to date with a further Million to be raised for the survey and working capital.