Mr. Douglas Fulcher reports
ONE WORLD LITHIUM ANNOUNCES GEOCHEMICAL RESULTS FROM ITS SALAR DEL DIABLO LITHIUM PROPERTY, BAJA CALIFORNIA, MEXICO
One World Lithium Inc. has recently completed fieldwork at Salar del Diablo property, with the work being done from January, 2018, to the end of March, 2018. The programs included area-wide geochemical sampling and a time-domain electromagnetic survey, which encompassed 79.5 line kilometres. The geophysical program was completed on March 29, 2018, and those results will be released on receipt. The company intends to complete a gravity survey in the near future and plans to drill test anomalous targets during May, 2018.
The geochemical program
A lithium-in-sediment anomaly has been defined that extends over 18 kilometres from north to south and up to seven kilometres from east to west, or approximately 100 square kilometres located in the northern third of the property.
The geochemical program utilized a six-inch power auger to retrieve sediment and salt samples from a depth of 18 to 24 inches across the salar with a sample distribution of 500 metres throughout the sampling area. Fifty-nine auger samples and four rock-chip samples were taken in the northern part of the claim block. In addition, 28 samples are included from the previous surface sampling program, as previously reported on March 10, 2017. The samples were analyzed at ALS Chemex's labs in North Vancouver, B.C.
The rock-chip samples were taken from residual warm-spring tufa mounds found during the exploration program. Tufa mound samples are anomalous in lithium 16.5 parts per million to 97.2 parts per million. The tufa mounds are aligned in a north-northeast trend and may indicate an intrasalar fault that was recently active.
Statistical analysis indicates lithium values range from a low of 4.7 parts per million to a high of 196.5 parts per million. The average is 83.65 parts per million and the median is 75.75 parts per million lithium. The lithium is accompanied by anomalous potassium, which values range from a low of 0.07 per cent to a high of 1.97 per cent.
2016 LITHIUM AND POTASSIUM RESULTS
GPS Sample Received K Li
mark description weight (kg) (%) (ppm)
203 1029153 0.66 0.44 24.1
204 1029154 1.07 0.81 35.2
205 1029155 1.51 0.81 28.4
206 1029156 2.58 1.37 82.0
207 1029157 3.52 0.81 35.1
207 1029158 4.84 0.7 31.1
210 1029160 1.77 0.08 5.0
211 1029161 2.03 0.32 15.2
213 1029162 2.59 0.07 4.7
213 1029163 1.61 0.42 19.4
214 1029164 1.69 1 53.3
215 1029165 2.14 1.31 66.8
216 1029166 1.62 0.66 69.2
217 1029167 2.27 0.52 33.9
218 1029168 2.1 1.58 132.5
219 1029169 2.71 1.57 103.5
220 1029170 2.01 1.41 91.2
220 1029171 0.75 1 66.3
221 1029172 2.36 1.4 92.0
222 1029173 2.14 1.45 95.8
223 1029174 1.61 1.43 90.9
224 1029175 2.43 1.97 188.5
225 1029176 2.04 1.41 159.5
225 1029177 0.78 0.92 84.3
226 1029178 3.33 0.4 50.8
227 1029179 0.53 0.52 30.8
228 1029180 0.98 0.27 21.8
2018 LITHIUM AND POTASSIUM RESULTS
GPS Sample Received K Li
mark description weight (kg) (%) (ppm)
320 1028951 2.63 0.35 18.1
321 1028952 3.23 0.7 71.2
322 1028953 3.06 0.7 44.9
323 1028954 2.18 0.64 44.9
324 1028955 2.84 1.24 69.9
325 1028956 2.75 1.37 84.8
326 1028957 2.35 1.07 61.3
327 1028958 2.32 1.08 123
328 1028959 2.61 0.77 46.6
329 1028960 2.73 1.53 104
330 1028961 2.3 0.57 52.9
331 1028962 0.77 0.58 43.3
332 1028963 2.4 1.51 98.7
333 1028964 1.54 0.84 71.8
335 1028967 1.71 0.82 41.7
336 1028968 0.79 1.48 88.7
337 1028969 0.62 1.51 106
338 1028970 2.24 1.2 74.1
339 1028971 1.33 1.38 156.5
343 1028973 2.8 1.05 96.6
344 1028974 1.57 1.65 165
346 1028976 1.5 1.78 173.5
347 1028977 1.94 1.64 120.5
348 1028978 3.93 0.37 31.4
349 1028979 3.12 0.55 61.3
350 1028980 2.39 1.68 176.5
351 1028981 2.57 0.51 37
352 1028982 2.82 0.7 174.5
353 1028983 3.15 1.1 122.5
354 1028984 3.07 1.25 84.8
355 1028985 2.95 0.58 52.1
356 1028986 2.87 1.37 62.7
357 1028987 3.79 1.18 117
358 1028988 3.1 1.49 120
359 1028989 2.37 1.83 172.5
360 1028990 2.51 0.86 67.8
361 1028991 3.31 1.17 66.7
362 1028992 2.8 1.77 180.5
363 1028993 3.48 1.68 178.5
364 1028994 2.52 1.51 102
365 1028995 4.32 1.01 99.6
366 1028996 2.69 1.58 136
367 1028997 3.6 1.52 107
368 1028998 3.59 0.83 108
369 1028999 2.03 1.87 196.5
370 1029300 3.2 1.25 159
371 1029301 3.45 1.13 73.5
372 1029302 4.06 1.21 80.7
373 1029303 3.31 1.19 126
374 1029304 3.33 0.75 52.4
375 1029305 2.65 0.98 55.9
376 1029306 3.03 1.43 80.6
377 1029307 3.05 1.34 77.4
378 1029308 2.93 0.62 38.1
379 1029309 2.17 1.07 66.7
380 1029351 2.25 1.1 104
381 1029352 0.84 1.48 102
382 1029353 1.23 1.72 122
383 1029354 1.74 1.47 89.5Bernard Kahlert, PEng, a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure contained in this release.
Stock options
The company has granted incentive stock options to a consultant of the company to purchase up to 300,000 common shares of the company at a price of 20 cents per common share. The stock options are exercisable on or before April 10, 2020, and are fully vested.
About One World Lithium Inc.
One World Lithium is an exploration company with its primary focus on exploring and developing lithium projects of merit. It has an option to acquire up to a 90-per-cent working interest in the 75,400 hectares (290 square miles, or 754 square kilometres) that cover a salar located in Baja California, Mexico.
We seek Safe Harbor.
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