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Lithium Chile Adds 21,700 Hectares to Its Salar de Llamara Project and Provides an Update on 2023 Chilean Operations
(TheNewswire) Calgary , AB - TheNewswire - January 12, 2023 - Lithium Chile...
About this update from Lithium Chile Inc
[{"type":"text","content":"Lithium Chile Adds 21,700 Hectares to Its Salar de Llamara Project and Provides an Update on 2023 Chilean Operations\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Calgary\n \n \n ,\n \n \n AB - TheNewswire -\n \n \n January\n12, 2023 -\n \n \n Lithium Chile Inc.\n \n \n (“Lithium Chile” or the “Company”)\n \n \n (\n \n \n OTCQB:LTMCF\n \n \n ) (TSXV:LITH)\n \n \n is\n \n \n pleased to announce it has added\n21,700 hectares on its Salar de Llamara Project, increasing its total\nto 35,500 hectares. The Llamara Project is highly prospective with\nsurface samples showing high Cesium and Uranium values and a prior\ngovernment water well returning lithium values of more than 350mg/l. A\nmotorized auger surface sampling program has been completed and assays\nare pending. The Company is currently completing a 74-kilometer TEM\ngeophysical program over the new claims to define the highly\nconductive target on the Salar de Llamara. Conditional on the TEM\nresults, a three to five well exploration drill program is planned for\nLlamara during the second half of 2023.\n \n \n \n \n OPERATIONAL UPDATES:\n \n \n \n \n SALAR DE LLAMARA\n \n \n \n \n Lithium Chile increased its Salar de Llamara property\ntotal to 35,500 hectares, making it the Company’s largest project in\nChile. Following the TEM results, a three to five well exploration\ndrill program is planned for Llamara in the second half of\n2023.\n \n \n \n \n SALAR DE LOS MORROS\n \n \n \n \n The Company announces its plans for a three to five\nwell exploration drill program on it Salar de Los Morros property.\n \n \n \n \n Prior TEM surveys\nidentified numerous drill targets and accordingly, drilling permits\nwill be filed with Sernageomin, the Chilean mining regulator.\n \n \n No Indigenous communities have claims over the\nSalar de Los Moros. However, the Chilean Military holds training\nexercises in the area. Lithium Chile is currently in the process of\nnegotiating access rights with the Chilean Military which will\ndetermine the actual start date for its 1,500-metre exploration\nprogram which is intended to commence during the second quarter of\n2023.\n \n \n \n \n AGUAS CALIENTES\n \n \n \n \n Detailed surface brine, sediment and rock sampling will\nbegin this month on the Company’s 2,500-hectare Agua...