Unique economic opportunity of the Raleigh Lake project
2023
Elks Lodge 82 201 N. Syndicate Ave


  • Speaker: Anthony Kovacs
  • Company Name: International Lithium Corp.

The Raleigh Lake project contains both lithium and rubidium resources. The rubidium is in close association with but independent of the lithium resource. This duality offers a unique economic opportunity for the project. The Raleigh Lake project is located immediately south of Highway 17, approximately 30 kilometres west of Ignace, Ontario. The project has excellent infrastructure with the Trans Canada highway, CP Rail, 230kV power junctions and natural gas lines essentially passing through the property. International Lithium Corp. owns 100% of the mineral rights with no royalties or encumbrances attached to the project. The lithium mineralization at Raleigh is hosted in the mineral spodumene and the rubidium in microcline (a reddish feldspar mineral). International Lithium Corp. is currently conducting a preliminary economic assessment of the project (based on the mineral resources announced on March 1, 2023) which considers producing a spodumene concentrate and a yet to be determined rubidium product. Based on publicly available information, the rubidium deposit could have even greater value than the lithium deposit.