ILC International Lithium Corp

International Lithium Corp. ("ILC" or the "Company") (TSX VENTURE:ILC)(TSX
VENTURE:ILC.WT) is pleased to announce lithium assay results from the Company's
recent drill program on the lithium and rare metals pegmatite field spanning the
Company's contiguous Mavis Lake and Fairservice claim blocks near Dryden
Ontario.


Key Highlights:



--  1.86% Li2O over 26.25m and 1.22% Li2O over 28.45m intersected in drill
    hole MF11-12; 
--  78m pegmatite intersection in hole MF11-12 interpreted as a new
    occurrence; 
--  2.58% Li2O over 7.80m intersected in drill hole MF11-09; 
--  13 of 17 drill holes intersecting pegmatites greater than 2 metres thick
    returned notable lithium grades; and 
--  Only Li2O grades are reported with other rare metals analyses
    anticipated shortly.



"This preliminary drill program exceeded expectations by revealing more
extensive pegmatite intersections than anticipated and a previously unknown
near-surface pegmatite that attests to the under-explored potential of the
project," states Mike Sieb, President of the Company. "In addition, the lithium
grades observed fully support the decision to expand the scope of the project in
the coming year." 


Recent Drill Program 

The objective of the recent 20-hole 1,753 metre drill program carried out on the
Fairservice / Mavis Lake project in August-September 2011 was to test
approximately eight pegmatites below their surface expressions and to confirm
historical grades and width. In addition, drill holes tested for subsurface
continuity along strike and between pegmatite outcrops. The program was
successful in attaining its prime objectives.


The following table reports the highlighted intersections with only Li2O%
reported to date:




Hole                   From (m)         To (m)      Length(i)        Li2O %
---------------------------------------------------------------------------
MF11-01                   2.20           6.00           3.80           0.89
MF11-05                   0.90           7.00           6.10           1.01
MF11-07                   4.10           9.00           4.90           1.48
MF11-08                   2.25          11.00           8.75           1.83
MF11-09                  18.85          26.65           7.80           2.58
  incl                   20.00          25.00           5.00           3.08
MF11-11                   2.00           6.10           4.10           1.27
MF11-12                  29.00          33.00           4.00           1.15
  and                   116.95         145.40          28.45           1.22
  incl                  125.00         141.00          16.00           1.63
  and                   152.00         178.25          26.25           1.86
MF11-13                  17.10          25.80           8.70           1.08
  incl                   19.00          24.00           5.00           1.44
MF11-14                  24.00          27.00           3.00           2.91
MF11-15                  78.40          85.00           6.60           1.38
MF11-16                  88.00          97.00           9.00           0.93
  incl                   89.35          94.00           4.65           1.23
MF11-17                  31.10          39.50           8.40           0.53
MF11-19                  20.00          26.00           6.00           0.92
                                                                            
(i) All widths reported are drill core widths and have not been converted   
into true width.                                                            



The vast majority of the drill holes were oriented perpendicular to the surface
trace of mapped pegmatites and parallel to historical drilling in order to
confirm historic grades and widths. Most pegmatite targets were scissored by
drilling from both north and south directions to provide a valuable structural
interpretation for future exploration programs. 


Hole MF11-12 was noteworthy due to its long intersection of a previously unknown
pegmatite body. The intersection contains multiple intervals of significant
lithium values, as reported in the table above, deeper than the limit and
further to the north of previous drill results adding to the prospectivity of
the property. In this instance the drilling has not provided the Company with
sufficient information to determine the true thickness, shape and orientation of
this newly discovered body.


Hole MF11-09, drilled 200 metres east of MF11-12,targeting a separate series of
surface pegmatite expressions, reported a high grade lithium intersection of
2.58% Li2O over 7.8 metres including 5.0 metres grading 3.08% Li2O. 


Of the 17 diamond drill holes with pegmatite intersections of greater than 2
metres, 13 returned significant lithium grades in these intersections. Only Li2O
grades have been reported with the other rare metals elemental analyses such as
tantalum, cesium and rubidium are pending. 


Laboratory work was conducted by Activation Laboratories Ltd of Ancaster,
Ontario with the samples being submitted by Company staff to their Dryden prep
facilities. Activation Laboratories is an accredited laboratory with ISO
17025:2005 and CAN-P-1579 certification. Analysis was conducted using both four
acid digestion and sodium peroxide fusion followed by ICP-MS.  


The Company uses industry recognized practices to ensure quality control. To
support this, a number of large samples were collected from surface sites known
to have significant lithium and tantalum values. Following preliminary analysis
a blend of these samples is being used to develop a certified reference material
matrix matched to the Companies pegmatite projects. The new reference material
has been inserted into the sample stream at the Property and will be utilized on
other Company projects.


Mavis Lake - Fairservice Property Area - General 

The Mavis Lake - Fairservice property is located 15 km Northeast of Dryden,
Ontario. The property is easily accessed via the Trans-Canada Highway and a
series of logging roads. The claim blocks comprise a total of 2,624 hectares and
straddle a continuous pegmatite field exhibiting high-grade, well-evolved,
lithium and tantalum zonation as well as significant levels of cesium and
rubidium. 


Regional pegmatite mineralization is directly associated with the strongly
peraluminous Ghost Lake Pluton and related pegmatitic granite dykes. Rare metal
mineralization in the Mavis Lake area occurs in zoned pegmatites hosted by mafic
metavolcanic rocks. Rare metal mineralization occurs in four zones: internal
beryl zone within the parent of the Ghost Lake pluton that evolves to the east
within the Fairservice and Mavis Lake claim blocks into external zones of
beryl-columbite, spodumene-beryl-tantalite and albite-type pegmatites. 


John Harrop, P.Geo, is the company's qualified person on the project as required
under NI 43-101 and has reviewed the technical information contained in this
press release. 


For more information on the Mavis Lake - Fairservice Project, please refer to
the Company's press release dated October 11, 2011 and visit International
Lithium Corp.'s website at www.internationallithium.com.


ABOUT INTERNATIONAL LITHIUM CORP 

International Lithium Corp. is an international rare metals mineral exploration
company with an outstanding portfolio of projects, strong management ownership,
robust financial support and a strategic partner, Jiangxi Ganfeng Lithium Co.
Ltd., a leading China based lithium product manufacturer, as a keystone
investor. 


ILC currently has 9 active rare metals projects, well balanced between lithium
brines in Argentina and Nevada and hard-rock pegmatites in Canada and Ireland.
The Company's primary focus is the Mariana lithium brine project, a salar or
'salt lake', covering an expansive 160 square kilometres and strategically
encompassing the entire basin. Mariana is located in the renowned South American
'Lithium Belt' centred on the junction of Argentina, Bolivia and Chile that is
host to the vast majority of global lithium resources, reserves and production.
The Mariana lithium brine project ranks as one of the more prospective salars in
the region. 


Complementing the Company's lithium brine projects are the rare metals pegmatite
properties. The key characteristics shared by the hard-rock rare metals projects
are their limited past exploration, excellent accessibility, limited assaying
for rare metals, clear potential for additional exploration to add project value
and development potential to meet the global technological growth in demand for
the rare metals suite of elements. 


International Lithium Corp.'s mandate is to increase shareholder value through
aggressive advancement of its core projects and to source joint venture partners
to expand the scope and diversify risk of its exploration effort.


On behalf of the Board,

Mike Sieb, President - International Lithium Corp.

Statements in this press release other than purely historical information,
historical estimates should not be relied upon, including statements relating to
the Company's future plans and objectives or expected results, are
forward-looking statements. News release contains certain "Forward-Looking
Statements" within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. Forward-looking statements are based on
numerous assumptions and are subject to all of the risks and uncertainties
inherent in the Company's business, including risks inherent in resource
exploration and development. As a result, actual results may vary materially
from those described in the forward-looking statements.


Shares CUSIP: #459820 10 6

Warrant CUSIP: #459820 11 4

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