Mr. Kirill Klip reports

INTERNATIONAL LITHIUM AND GANFENG LITHIUM DISCOVER NEW PEGMATITE AT THE AVALONIA LITHIUM PROJECT, IRELAND

International Lithium Corp. has completed the drill program announced on April 11, 2016, at the Avalonia lithium project located in County Carlow and County Wicklow, Republic of Ireland.

Highlights of the drilling include the discovery of a new pegmatite body in the Aclare area. Three drill holes intersected the previously unknown pegmatite phase 450 metres east of the main Aclare pegmatites. This new pegmatite is hosted in a granite sill parallel and adjacent to the granite sill hosting the main Aclare pegmatites where drill hole ACL13-04 intersected 2.23 per cent dilithium oxide over a drill width of 23.3 metres, including 3.43 per cent Li2O over six metres (see company news release dated June 25, 2013). All widths reported are drill widths and have not been converted into true widths. The discovery proves the lateral extent of the lithium pegmatite occurrences is greater than previously known, consequently opening more ground for potential discoveries.

Spodumene-bearing pegmatite boulders were discovered in field walls between the new pegmatite and the Aclare mineralization. These boulders contain spodumene crystals that are greater than 40 centimetres in length and some of the largest identified on the property to date.

About the drill program

A total of 23 diamond drill holes comprising 1,756 metres of NQ-sized core were completed in the central part of the Avalonia project's lithium belt and entirely within County Carlow. Of these, 10 holes focused on further delineating pegmatites in the Aclare area. Downdip extension and infill drilling was used to delineate the distribution of lithium and rare metals in the system and identify thickening vectors of the pegmatite body.

Four of the delineation drill holes tested a geophysical feature interpreted to be the granite-schist contact to the immediate northeast of the Aclare pegmatites. In the Aclare area, proximity to the hangingwall contact of granite sills is considered highly prospective for hosting lithium-bearing pegmatites. These four holes demonstrate that magnetic surveys can trace these granite sill contacts within the schist.

Core samples have been cut and collected for all pegmatite intersections and prospective units, which amounted to 15 per cent of the total core recovered. Samples have now been shipped to the Bureau Veritas laboratory in Krakow, Poland, for processing. All analytical results are pending.

Planned work

Additional work is planned for later this summer in the Moylisha area where the company previously reported 1.50 per cent Li2O over 5.6 metres in drill hole MOY13-02 (see news release dated June 25, 2013). The work will include trenching to develop drill targets in this area where there are extensive boulder trains of spodumene-bearing pegmatite, and some grab samples returned assays as high as 4.59 per cent, 3.45 per cent and 3.27 per cent Li2O (see company news release dated Jan. 31, 2012). These boulders have not yet been traced back to source. Grab samples are by definition selective and may not represent average grades on the property. Pending analytical results, further drilling may be planned to target potential sources of the newly enhanced boulder train at Aclare.

Gary Schellenberg, chief executive officer, International Lithium, commented: "This program was successful in both delineating further mineralization at one of the project's main lithium pegmatites and testing earlier-stage targets we have advanced along the belt. Developing the pegmatite at Aclare is a high priority, but we also firmly believe in the potential for significant undiscovered pegmatites along the entire 30-kilometre belt. We are particularly looking forward to returning to explore the extensive pegmatite boulder trains at Moylisha."

John Harrop, PGeo, FGS, is a qualified person as defined under National Instrument 43-101 and has supervised the preparation of technical information contained in this press release.

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