Mr. Kirill Klip reports

INTERNATIONAL LITHIUM BEGINS BRINE EVAPORATION PROCESS STUDIES ON THE MARIANA PROJECT, ARGENTINA

Together with strategic partner Ganfeng Lithium Co. Ltd., International Lithium Corp. has begun the 2016 exploration and development work on the Mariana joint venture project.

As previously announced on Dec. 10, 2015, the companies have allocated a budget of approximately $3.19-million (U.S.) dedicated to the Mariana lithium project in Argentina. The first phase of this budget includes conducting bench-scale evaporation tests at the Universidad Tecnica de Oruro in Bolivia.

The company has contracted Door To Design Inc. to oversee the test work conducted at the Universidad Tecnica de Oruro. The goal of the tests is to study the evaporation path of lithium-potassium-boron brine from Salar de Llullaillaco, where the Mariana joint venture owns 100 per cent of the mineral rights. Door to Design staff have significant previous experience with similar projects in Argentina and Chile.

Understanding the natural evaporation path and how to effectively control it is paramount in the development of a process to: 1) selectively precipitate key potassium and boron ore minerals; and 2) remove impurities, leaving a byproduct of lithium concentrate brine that can be further processed to produce other lithium products.

The Universidad Tecnica de Oruro was chosen for these tests because it is located in the Altiplano plateau, which is the Bolivian extension of the Puna in northwestern Argentina, where Salar de Llullaillaco is located. Salar de Llullaillaco is approximately 3,800 metres and UTO 3,600 metres above sea level, resulting in the testing laboratory having similar weather and atmospheric conditions to the project area. Similar conditions are important to maximize the predictive ability of the study results. Evaporation bench tests are anticipated to take approximately five months.

Kirill Klip, president of International Lithium, commented: "We are very pleased to be starting the first stage of our 2016 program with Ganfeng at Salar de Llullaillaco. The results of this work will prepare us for larger-scale field tests at the salar.

"The newly elected government in Argentina is taking several steps that will improve operating conditions for mining companies. These steps are opening a new chapter in Argentina's economic development, and ILC is very proud to be part of this 21st century international co-operation!"

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

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