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International Lithium Receives Proof of Concept Study for Lithium Recovery Using Membrane Separation

Metallurgy & Processing

International Lithium Receives Proof of Concept Study for

Lithium Recovery Using Membrane Separation

Vancouver, B.C. September 5 , 2017: International Lithium Corp. (the “ Company” or

“ILC”) (TSX VENTURE: ILC) is pleased to announce that it has received a final report,

“Proof of Concept Study – Lithium Recovery Using Membrane Separation” (the “Study”)

prepared by Synexus (Pty) Limited of South Africa (“Synexus”). The Study was

conducted utilizing (filtered) raw brine from the Salar de Llulla illaico, location of the

Mariana lithium brine joint venture project (“Mariana”) in Salta, Argentina. Results from

the Study indicate that the selective recovery of lithium directly from raw (filtered) brine,

with the simultaneous rejection of other cation and anion species, using a proprietary

lithium selective separation process (the “technology”) is possible. Lithium was

selectively recovered from the raw brine to produce lithium hydroxide (“LiOH”), a high

value ingredient used directly in lithium battery manufacturing, as a final product.

Summary of Study Results:

 The use of the technology presents a possible alternative to the natural evaporation

process currently proposed at Mariana.

 The technology could provide a process route to produce lithium hydroxide directly

from the raw brine without the need to remove contaminants like magnesium by

liming, as would be required in the natural evaporation process.

 Based on intitial estimates, the technology can achieve higher recoveries than

natural evaporation even with relatively low concentrations of lithium.*

 Use of technolgy has the potentional to enable a considerable increase in production

rate compared to evaporative ponds. Lithium is directly removed from the brine and

the (spent) brine can be returned to the basin with little effect on the water balance.*

 With further refining the technology could also permit the recovery of p otassium and

other cations if desired.

* At present, the Mariana Project joint venture partners have not conducted any formal economic

analyses on the project. Statements regarding comparisons of recoveries are based on initial bench

scale tests for the natural evaporation process and for the selective membrane technology. Additional

testing and scaling up of the process is required before any definitive statements regarding recoveries

can be made, and projected capital a nd operating costs can be effectively modelled and compared.

1111 Melville Street, Suite 1100

Vancouver, British Columbia

V6E 3V6, Canada

T: 604-700-8912

[email protected]

www.internationallithium.com

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The information provided herein is to provide a minimum level of confidence that the selective

membrane method presents a possible alternative to the natural evaporation method of lithium

extraction from the brine and further study is warranted based on these results. The “Study” is not a

preliminary economic assessment, preliminary feasibility study or feasibility study. Any economic

analysis would have to be supported by a preliminary economic assessment, preliminary feasibility

study or feasibility study. The reader is cautioned that the Mariana project is still at an exploration

stage and there is no guarantee that an economic mining scenario will result and no mineral reserves

have yet to be defined as per the standards of disclosure defined in National Instrument 43-101

Standard of Disclosure for Mineral Projects.

At Mariana, the current focus for lithium extraction is to determine the break points of

contaminants such as magnesium and sulphate in the natural evaporation process in

order to define the timing of the lim ing process . Large q uantities of lime and other

reagents needed to neutralize the brine chemistry to prevent the loss of lithium through

precipitation during the evaporation concentration process generally tend to have a

severe negative impact on the economics of lithium brine operations.

In the case of the Mariana project, this new technology could provide an alternative to

the currently adopted plan of us ing natural solar evaporation of producing a brine

concentrate containing about 6% lithium that would be exported for refining.

This technology is proprietary to Synexus. It could be adjusted and configured for other

brine deposits’ unique chemistry , alleviating the need for costly and time consuming

solution purification and pre-concentration steps such as required by natural solar

evaporation.

“We consider this report very encouraging n ews for the advancement of our Mariana

Lithium JV Project,” commented Kirill Klip, Executive Chairman of ILC.

Jonathan Findlay, a “Qualified Person” for the purposes of National Instrument 43 -101 -

Standards of Disclosure for Mineral Projects , has reviewed and approved the scientific

and technical information contained in this news release.

On behalf of the Board of Directors,

Kirill Klip

Executive Chairman

For further information concerning this news release please contact +1 604-700-8912

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term

is defined in the policies of the TSX Venture Exchange) accepts responsibility for

the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release contains certain “forward -

looking information” within the meaning of appli cable securities law. Forward-looking

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information or forward -looking statements in this news release include: the timing and

anticipated results of environmental impact studies and pump tests, timing of

preliminary economic studies on the Mariana project, the expectation of feasibility

studies, lithium recoveries, modelling of capital and operating costs, and the Company’s

continued interest in the Mariana project . Such forward-looking information is based on

a number of assumptions and subject to a variety of risks and uncertainties, including

but not limited to those discussed in the sections entitled “Risks” and “Forward-Looking

Statements” in the interim and annual Management’s Discussion and Analysis which

are available at www.sedar.com. While managemen t believes that the assumptions

made are reasonable, there can be no assurance that forward -looking statements will

prove to be accurate . Should one or more of the risks, uncertainties or other factors

materialize, or should underlying assumptions prove in correct, actual results may vary

materially from those described in forward -looking information. Forward -looking

information herein, and all subsequent written and oral forward -looking information are

based on expectations, estimates and opinions of manage ment on the dates they are

made that, while considered reasonable by the Company as of the time of such

statements, are subject to significant business, economic and competitive uncertainties

and contingencies. These estimates and assumptions may prove to be incorrect and

are expressly qualified in their entirety by this cautionary statement. Except as required

by law, the Company assumes no obligation to update forward -looking information

should circumstances or management’s estimates or opinions change.