Mr.
Douglas Fulcher reports
ONE WORLD LITHIUM RELEASES ADDITIONAL GEOCHEMICAL RESULTS FROM ITS SALAR DEL DIABLO LITHIUM PROPERTY IN MEXICO
One World Lithium Inc. has released
geochemical sampling results from the company's Salar del Diablo lithium property in Baja California, Mexico. These geochemical results that are in addition to previous results outlined in the company's news release of April 11, 2018,
in which statistical analysis indicated lithium values ranging from a low of 4.7 parts per million to a high of 196.5 parts per million. The average lithium value was calculated as 83.65 parts per million with the median being 75.75 parts per million lithium.
The values for sodium, potassium, magnesium, iron, boron and strontium are shown in the attached tables. Sodium as high as 3 per cent and potassium as high as 1.9 per cent broadly mirror and confirm the distribution of anomalous lithium values. It is significant to note the low magnesium values averaging 1.1 per cent are a positive result as high magnesium values will make lithium recoveries more expensive.
Because boron as high as 400 parts per million and strontium as high as 10,000 parts per million are typically elevated in geothermal waters and are a confirmation of the presence of high heat flow and probable geothermal waters in the basin. In addition, rock samples taken from tufa mounds (hot spring deposits) found during January, 2018, exploration in the salar are arranged in a linear fashion, strongly suggesting former geothermal spring activity along a now-sealed fault.
Doug Fulcher, chief executive officer and president of the company, noted: "The recent results from the geochemical, geophysical and geological programs are more encouraging than expected. We look forward to compiling all the data to focus on the 4,000-metre drilling program to test coincidental targets."
Please refer to the attached tables that include assay results for boron, strontium, sodium, magnesium and potassium.
EVAPORITE AND SEDIMENT SAMPLES
Analysis method ME-MS41L ME-MS41L ME-MS41L ME-MS41L ME-MS41L ME-MS41L
Sample Na K Mg Fe B Sr
description % % % % ppm ppm
1028951 0 0 0 1 10 39
1028952 3 1 1 2 80 312
1028953 1 1 1 2 50 229
1028954 2 1 1 2 110 548
1028955 1 1 2 3 250 316
1028956 2 1 2 4 90 274
1028957 1 1 1 3 80 276
1028958 2 1 1 3 100 582
1028959 1 1 1 2 130 376
1028960 2 2 2 4 120 286
1028961 1 1 1 2 40 275
1028962 1 1 1 2 60 66
1028963 4 2 2 4 207 397
1028964 1 1 1 2 60 705
1028967 1 1 1 2 50 426
1028968 1 1 2 4 80 197
1028969 2 2 2 4 130 211
1028970 1 1 1 4 100 120
1028971 1 1 2 3 90 550
1028973 1 1 1 3 130 374
1028974 2 2 2 4 110 3,060
1028976 2 2 2 5 160 1,180
1028977 3 2 2 4 400 533
1028978 1 0 0 1 40 134
1028979 1 1 1 2 60 896
1028980 3 2 2 5 230 766
1028981 0 1 1 1 40 322
1028982 1 1 1 2 110 934
1028983 1 1 2 3 110 551
1028984 3 1 1 3 130 323
1028985 0 1 1 2 30 155
1028986 1 1 1 4 60 105
1028987 2 1 1 3 80 831
1028988 2 1 2 4 180 267
1028989 3 2 2 5 250 850
1028990 1 1 1 2 130 1,355
EVAPORITE AND SEDIMENT SAMPLES
Analysis method ME-MS41L ME-MS41L ME-MS41L ME-MS41L ME-MS41L ME-MS41L
Sample Na K Mg Fe B Sr
description % % % % ppm ppm
1028991 2 1 1 3 120 277
1028992 2 2 2 4 200 1,095
1028993 2 2 2 5 120 2,020
1028994 3 2 2 4 140 254
1028995 2 1 1 3 90 355
1028996 2 2 2 4 100 436
1028997 2 2 2 4 180 267
1028998 1 1 1 2 90 595
1028999 5 2 2 4 190 1,030
1029300 2 1 2 3 110 536
1029301 1 1 1 3 80 142
1029302 1 1 1 3 40 269
1029303 3 1 1 3 100 602
1029304 1 1 1 2 50 172
1029305 1 1 1 3 40 93
1029306 2 1 2 4 90 165
1029307 1 1 1 4 50 200
1029308 0 1 1 2 20 117
1029309 1 1 1 3 50 131
1029351 1 1 1 3 70 267
1029352 2 1 2 4 100 173
1029353 2 2 2 5 120 177
1029354 2 1 2 4 90 176
ROCK CHIP SAMPLES
Analysis method ME-MS41L ME-MS41L ME-MS41L ME-MS41L ME-MS41L ME-MS41L
Sample Na K Mg Fe B Sr
description % % % % ppm ppm
1028965 0.467 0.16 0.32 0.37 30 2,230
1028966 0.411 0.14 0.37 0.33 30 2,250
1028972 0.361 0.15 0.36 0.39 30 > 10,000
1028975 0.505 0.16 1.5 0.92 50 7,000
The company expects the final geophysical report by July 10, 2018. As previously reported on Tuesday, June 26, 2018, SJ Geophysics reported a thick part of the salar beneath the main salt flat covers approximately six square kilometres, which is highly conductive, and the thick part is estimated to be over 100 metres thick. A less conductive part of the salar that is likely thinner covers approximately 24 square kilometres and is open ended beyond the present extent of the geophysical grid. This conductive layer appears to extend outside of the main salt flats suggesting that there is a highly conductive zone that underlies most of the grid.
On receipt of the final geophysical report, data from the recent geophysical, geochemical and geological recent programs will be compiled to select drill site locations. The company plans to drill 4,000 metres totalling 15 holes from the drill site locations.
Mr. Fulcher and the One World Lithium team invite interested parties to visit the company's new website.
John E. Hiner, SME registered and a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure contained in this release.
About One World Lithium Inc.
One World Lithium, an exploration company, is focused 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-hectare/754-square-kilometre Salar del Diablo property located in Baja California Notre, Mexico.
We seek Safe Harbor.
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