Rubidium will be an important part of International Lithium’s (TSXV:ILC,OTCQB:ILHMF) portfolio as the company ramps up exploration of its Raleigh Lake lithium project in Ontario, Canada, following the release of its maiden mineral resource estimate for the project.
“Rubidium is quite an important metal, worth about 20 times more than lithium, and we’ve got quite a lot of it. So we’re very pleased with that as a big plus for the project,” said John Wisbey, CEO and chairman of Vancouver-based International Lithium, a lithium and rare metals exploration and development company.
The company’s Raleigh Lake project, according to its maiden resource estimate, hosts 822 metric tons of rubidium in the measured and indicated category and 521 metric tons in the inferred category.
Wisbey said the number is likely to go up as more drilling is done on the property.
Watch the full interview with John Wisbey, CEO and chairman of International Lithium.
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