Lithium Chile Inc. is pleased to report the recent completion of additional sampling on its 100% owned Carmona gold and silver property. Background: As a result of the strong results achieved from the Company's October sampling program on the Carmona property's Southern Zone additional sampling of the zone was completed in November 2020. Highlights: Recent soil sampling more than doubles Au - Ag - Cu anomaly to 1.8 km2 [...]
Lithium Chile Inc. is pleased to report assay results from the follow up sampling program recently completed on its 100% owned Carmona gold and silver property. Background: As a result of the strong results achieved from the Company's reconnaissance sampling program completed in September, a follow up sampling program was conducted in October on the Carmona property . The First Phase Follow-Up Program targeted a 2 sq km [...]
Lithium Chile Inc. is pleased to announce it has received assay results from the second set of samples taken from its 100% owned Carmona gold and silver property. These assay results are from samples taken on additional claims recently staked which are adjacent to the Company's existing Carmona claims. The highlights are as follows: Assays are from initial reconnaissance rock and sediment sampling eight kilometers west of [...]
Lithium Chile Inc. is pleased to announce it has received assay results from the first batch of samples taken from its 100% owned Carmona gold silver property. These initial sample results support the potential for Carmona to host a number of gold/silver bearing zones. There were a number of high-grade intercepts identified from this initial sampling program. The highlights are as follows: Gold and silver values from rock [...]
Lithium Chile Inc. is pleased to announce that the TSX has approved the joint venture agreement with Apollo Gold Corp. on the Apolo and Sancarron prospects as announced in a Apollo Gold press release dated April 2, 2020. The approval will allow for Apollo's exploration program to commence as soon as possible and the second payment of $50,000 to be made to Lithium Chile. As announced in a Lithium Chile press release dated [...]
Lithium Chile Inc. is pleased to announce it has mobilized the Company's geological team to begin the planned initial exploration program on its Carmona gold/silver property. As discussed in the press release dated June 11, 2020, it is the Company's intention to expand its data base and knowledge on both the Carmona gold/silver exploration project and the Laguna Blanca lithium/cesium exploration prospect. The initial [...]
Lithium Chile Inc. is pleased to announce it has signed a Letter of Intent with Summit Nanotech Corporation for the advancement of their green lithium extraction technology in Chile. Summit Nanotech has developed a patent pending extraction process that allows for the rapid production of lithium from natural brine sources. Its technology is state of the art and shows great promise for the economical production of lithium [...]
Lithium Chile Inc. is pleased to announce it has closed on the final $745,000 of its previously announced $1,500,000 private placement of units . The Offering was fully subscribed and closing of this final tranche now provides the Company with the necessary funds to move forward on its business and exploration plans. The Company plans to initiate its exploration program on its Carmona gold/silver prospect by the end of [...]
Lithium Chile Inc. is pleased to announce it has closed on $755,000 of its previously announced $1,500,000 private placement of units . The Offering is fully subscribed and closing of the second tranche is anticipated in the next 10 days. Rules around the Covid 19 pandemic caused delays in obtaining the necessary paperwork which has necessitated two closings. Pursuant to the first tranche of the Offering, Lithium Chile [...]
Lithium Chile Inc. announces that it plans to complete a non-brokered private placement of up to 15,000,000 units of the Company at a price of $0.10 per Unit, for aggregate gross proceeds of up to $1,500,000 . There is no minimum Offering. Each Unit will be comprised of one common share of the Company and one-half of one Common Share purchase warrant . Each whole Warrant shall be exercisable at $0.25 per Common Share for [...]
Lithium Chile Inc. is pleased to announce that it has received TSX Venture Exchange Inc. approval for its previously announced transaction with Kairos Metals Inc. to reacquire a prospective gold, silver & copper property package . As a result, the transaction was closed on April 18, 2020. As a result of the closing of the Kairos transaction, the previously announced option agreement with Inform Resource Corp. on the Apolo [...]
Lithium Chile Inc. is pleased to announce that it has entered into an option agreement with Inform Resources Corp. whereby Inform can earn up to 65% in Lithium Chile's Apolo/Sancarron prospects by paying up to $600,000 to Lithium Chile and investing a minimum of $3,000,000 into the properties over a three year period. This is an important transaction for Lithium Chile as it demonstrates the ability to get a transaction [...]
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