22:47:26 EDT Sat 23 Mar 2019
Enter Symbol
or Name

One World Lithium Inc
Symbol C : OWLI
Shares Issued 83,236,548
Close 2019-02-19 C$ 0.195
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One World signs Salar del Diablo drilling contract

2019-02-19 11:17 ET - News Release

Mr. Douglas Fulcher reports


One World Lithium Inc. has signed a contract with Layne de Mexico to drill 4,200 metres (14,000 feet) on its Salar del Diablo property located in the state of Baja California Norte, Mexico.

Layne has been contracted to drill 12 reverse circulation holes with depths varying between 150 metres (500 feet) and 500 metres (1,650 feet). Layne plans to use either a Schramm TH100A or 685 rig, both of which are capable of drilling to 500 metres.

The rig will be available by the end of February, 2019. The drilling program may take up to 40 days to complete. Layne de Mexico is part of the mineral exploration division of Layne Christensen, which specializes in mineral exploration drilling programs globally.

The drill holes are planned to test three highly conductive geophysical zones, as previously reported on July 3, 2018, and July 17, 2018, and two geochemical surface sampling anomalies, as previously reported on April 11, 2018. The geophysical zones are correlative with the lithium geochemistry anomalies and cover more than 54 square kilometres. Two of the zones are open ended, as they extend beyond the geophysical survey grid area. Zone 1 may be more than 100 metres (330 feet) thick and zone 3 may be more than 200 metres (660 feet) thick. The zones are so conductive that they could contain brines.

The geochemical anomaly is 150 square kilometres in size. Surface samples assayed up to 196 parts per million lithium, with an average grade of 84 parts per million lithium.

                                        DRILL HOLE TARGETS

Sdd 2019-1                     Zone 1 south end       Confirm zone 1 thickness (metres)         250
Sdd 2019-2                     Zone 1 north end       Confirm zone 1 thickness (metres)         250
Sdd 2019-3                     Zone 2 east side                      High conductivity          300
Sdd 2019-4                     Zone 3 west side                      High conductivity          200
Sdd 2019-5               Zone 2 south extension                      High conductivity          300
Sdd 2019-6               Zone 2 south extension                      High conductivity          150
Sdd 2019-7                Zone 3 west extension            Constrained conductive zone          400
Sdd 2019-7A                    Zone 2 east side            Constrained conductive zone          400
Sdd 2019-8       Zones 2 and 3 shallow and deep                 Linear conductive zone          500
Sdd 2019-9                  Geochemical anomaly     Test northerly geochemical anomaly          500
Sdd 2019-10                    Zone 3 northwest                  Conductivity at fault          500
Sdd 2019-11                 Geochemical anomaly                    Geochemical anomaly          500
Total                                                                                         4,250

One World Lithium currently owns a 60-per-cent property interest. On completion of this drill program, it will then own an 80-per-cent property interest.

About One World Lithium Inc.

One World Lithium is an exploration company that is focused on exploring and developing lithium in brine projects of merit. Its initial project, the Salar del Diablo prospect, has been acquired by staking claims covering 75,400 hectares (290 square miles).

John E. Hiner, SME registered member and a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure contained in this news release.

We seek Safe Harbor.

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