07:50:57 EDT Mon 03 Oct 2022
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Lithium Chile Inc
Symbol LITH
Shares Issued 139,462,359
Close 2022-02-22 C$ 0.81
Recent Sedar Documents

Lithium Chile to meet Chengxin for Arizaro site visit

2022-02-22 13:37 ET - News Release

Mr. Steven Cochrane reports

LITHIUM CHILE INC AND CHENGXIN LITHIUM GROUP TO MEET AND DO A SITE VISIT AT THE SALAR DE ARIZARO PROJECT IN SALTA PROVINCE ARGENTINA

Lithium Chile Inc.'s Argentine management team will be meeting the technical team of Chengxin Lithium Group Co. Ltd. on Tuesday, Feb. 22, 2022, in Salta, Argentina. The plans are to jointly travel to Lithium Chile's recently completed production test well on the Salar de Arizaro property. The purpose of the meeting is to discuss the company's phase 2 exploration program and further co-operation between Lithium Chile and Chengxin. The company believes Chengxin's experience and technical expertise in processing lithium brines will help advance the company's Arizaro project.

President and chief executive officer Steve Cochrane shared, "Together, working in collaboration with Chengxin Lithium, we will unlock the full potential of the Arizaro project, optimizing exploration and mining methods while respecting the environment and the local biodiversity."

Results from the phase 2, three-well drill program of the Arizaro project are expected to be released after the completion and testing of each well. The environmental impact assessment (EIA) was completed earlier than anticipated, which will allow for the assessment and the drilling permits to be filed this week. This will accelerate the phase 2 program with additional updates to follow shortly.

Lithium Chile has granted stock options to the directors and consultants of the company to purchase 750,000 common shares, with an exercise price of 88 cents per share, subject to vesting terms and exercisable for up to five years. The option grant is subject to the approval of the TSX Venture Exchange.

About Lithium Chile Inc.

Lithium Chile is advancing a lithium property portfolio consisting of 69,200 hectares covering sections of 10 salars and two laguna complexes in Chile and 23,300 hectares in Argentina.

Lithium Chile also owns five properties, totalling 20,429 hectares, that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile's Carmona gold/silver/copper property, which lies in the heart of the Chilean megaporphyry gold/silver/copper belt.

Lithium Chile's common shares are listed on the TSX-V under the symbol LITH and on the OTCBB under the symbol LTMCF.

We seek Safe Harbor.

© 2022 Canjex Publishing Ltd. All rights reserved.