International Lithium Files PEA Technical Report for Raleigh Lake Lithium Project - Outlines Highly Favourable After-Tax NPV (discounted at 8%) of CAD$342.9 million and After-Tax IRR of 44.3% p.a.
As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project.
- As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project.
- The Company continues to investigate the potential value associated with the extraction of rubidium from the microcline zone within the spodumene deposit.
- Economics (discounted at 8% p.a., CAD$)
Pre-tax Cashflow = CAD$709.4 million, NPV = CAD$385.1 million, IRR = 46.5% p.a. - The SGS lab tests obtained 22.9 weight percentages of 6% Lithium Concentrate and estimated 81% lithium recovery
A copy of The Report, "The Raleigh Lake Project, NI43-101 Technical Report - PEA," was filed on SEDAR on January 18, 2024.