Lithium Chile Inc. is pleased to announce continuing positive results based on its recently completed phase 3 surface exploration program in the Central Zone of its 100% owned Carmona gold/silver/copper property. The results from the extensive soil and outcrop sampling program continue to increase the number of new discoveries and expand the areas of mineralization on this highly prospective 84 sq km property. HIGHLIGHTS [...]
Lithium Chile Inc. is pleased to announce that significant progress has been made towards the drilling of the Company's initial production test well on its Arizaro property in Salta Province, Argentina. HIGHLIGHTS - Work program outlined and budget completed; - Total cost below forecast; - Drilling Contractor retained; - Senior consulting geologist 30+ years lithium experienced retained The initial operational meeting was [...]
Lithium Chile Inc. is pleased to announce that results from its recently completed extension to its prior auger sampling program on Salar de Laguna Blanca has doubled the size of the lithium-cesium anomaly from 4 sq km to 8.8 sq km. The anomaly is still open to the northeast, east and south. The initial TEM geophysical survey that discovered the conductive anomaly also shows it to be between 100 and 200 meters thick [...]
Lithium Chile Inc. is pleased to announce that it has added an Argentinian lithium salar property to its portfolio by entering into a binding Letter of Intent with SMG S.R.L. of Jujuy, Argentina. The LOI enables Lithium Chile to earn up to an 80% interest in the 233 Sq Km Salar De Arizaro located in Salta Province, Argentina. The LOI gives Lithium Chile the opportunity to earn a large and dominant land position in the [...]
Lithium Chile Inc. announces: BTV's CEO Clips, a series of short video profiles on innovative publicly traded companies across North America, will feature Lithium Chile Inc. on the BNN Bloomberg Channel beginning Saturday, May 15, 2021 and continuing on Sunday, May 16, 2021 throughout the days and evenings. View link: https://b-tv.com/lithium-chile-ceo-clip-90sec/. Further online distribution through BTV's CEO Clips [...]
Lithium Chile Inc. is pleased to announce the completion of a definitive agreement with Summit Nanotech Corporation that will launch Summit Nanotech's proprietary lithium extraction technology at one of Lithium Chile's exploration wellsites. The original LOI was entered into in June of 2020 whereby Lithium Chile and Summit Nanotech would collaboratively demonstrate the viability of the novel process for sustainable [...]
Lithium Chile Inc. is pleased to announce assay results from the Company's recently completed follow up exploration program on its Salar de Laguna Blanca and completion of the reconnaissance TEM geophysical survey at Salar de Los Morros. SALAR de LAGUNA BLANCA SAMPLING HIGHLIGHTS: - Initial assays from surface brine samples in the follow up grid area assayed 1035 - 1230 mg/l lithium plus 13500 - 15200 mg/l potassium [...]
Lithium Chile Inc. is pleased to announce that it has closed its fully subscribed previously announced private placement of units of the Company for gross proceeds of $3.5 million and that the 15% option was taken up for gross proceeds to the Company of approximately $4,024,000. Each Unit is comprised of one common share of the Company and one Common Share purchase warrant . Each Warrant is exercisable at $0.60 per Common [...]
Lithium Chile Inc. is pleased to announce that it has contracted Geoxploraciones SA Chile to run a 17 km transient electromagnetic survey on its 100% owned Los Morros lithium bearing property. TEM has been shown to be a valuable tool in identifying highly conductive subterranean brine aquifers. Lithium Chile's prior TEM surveys have proven highly accurate in defining the principal brine aquifers on both of the Company's [...]
Lithium Chile Inc. announces that it plans to complete a non-brokered private placement of up to 12,500,000 units of the Company at a price of $0.28 per Unit, for aggregate gross proceeds of up to $3,500,000 . There is no minimum Offering. In addition, the Company has reserved an option to issue an additional 1,875,000 Units . Each Unit will be comprised of one common share of the Company and one Common Share purchase [...]
Lithium Chile Inc. is pleased to announce results of 29.5 g/t gold from its third follow up exploration program on the southern half of the Central Anomaly on its 100% Carmona gold-silver-copper property. This phase of the exploration program was completed during the second week of January. HIGHLIGHTS: 29.5 g/t gold, 52.8 g/t silver and 2.4% copper Values range from 1.1 - 29.5 g/t gold, 2.7 - 52.8 g/t silver and 2 - 2.4 [...]
Lithium Chile Inc. is pleased to announce that it has recommenced exploration efforts at its Laguna Blanca lithium/cesium property where a geological team is currently conducting a program of salts and liquids sampling. The program is intended to extend the initial sampling program which covered less than 10% of the 4600-hectare property but returned high lithium and cesium grades from surface salt-sediments to a depth of [...]