Vancouver’s International Lithium believes there’s potential to establish an open-pit and underground lithium mining operation in the Ignace area.
The company filed a maiden mineral resource estimate (MRE) this week for its Raleigh Lake Lithium Project, 25 kilometres west of the northwestern Ontario town.
The property contains both lithium and rubidium, both are on the U.S. critical minerals list.
The company considers both metals separate and distinct and will be outlining mining scenarios for each in an upcoming preliminary economic assessment.
Raleigh holds a measured and indicated resource of more than 6.8 million tonnes of contained lithium at 0.64 per cent, and an inferred resource of 10.5 million tonnes at 0.58 per cent.
[More]
