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Lithium Chile Completes Three Additional Holes on Salar De Arizaro Development Drill Program
(TheNewswire) C algary , A B - TheNewswire - March 2 8 ...
About this update from Lithium Chile Inc
[{"type":"text","content":"Lithium Chile Completes Three Additional Holes on Salar De Arizaro Development Drill Program \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 \n \n \n \n \n \n \n \n \n \n C\n \n \n algary\n \n \n , A\n \n \n B -\n \n \n TheNewswire -\n \n \n March 2\n \n \n 8\n \n \n ,\n2023 -\n \n \n Lithium Chile Inc.\n \n \n (“\n \n \n Lithium\nChile\n \n \n ” or the “\n \n \n Company\n \n \n ”)\n \n \n (\n \n \n TSXV:LITH\n \n \n ) (\n \n \n OTC:LTMCF\n \n \n )\n \n \n is pleased to provide an operational update involving the\ncompletion of two additional diamond drillholes and the Company’s\nthird production well.\n \n \n \n \n DIAMOND DRILL HOLES:\n \n \n \n \n The fourth diamond drill hole, ARDDH-04, was completed\nto a depth of 280-metres. The target brine bearing formation was\nencountered at a depth of 200-metres - the shallowest depth of any of\nthe holes drilled to date. Below 200-meters, the formation was\ncomprised of broken halite with a significant content of loose,\nfriable sand.  Hydrasleeve sampling was carried out over the 80-metre\nhorizon returning grades averaging 297 mg/l lithium, consistent with\nprevious holes. To follow up on these results, ARDDH-04 will be\ntwinned using the larger rotary rig to an expected depth of\n600-metres.\n \n \n \n \n The fifth diamond drill hole, ARDDH-05 has been drilled\nto a depth of 413-meters where drilling has been temporarily suspended\nto allow for sampling.  Favorable lithium bearing brine strata was\nencountered at similar depths as ARDDH-04. Sampling, using Hydrasleeve\ntechnology, has begun and will continue to a depth of 400-meters.\nAfter sampling has been completed, it is the Company’s intention to\ncontinue drilling to a projected depth of 600-metres with continuous\nsampling being performed during drilling. Additional drilling and\nsampling on hole ARDDH-05 is expected to be completed during the first\nweek of April whereafter the rig will move to the ARDDH-06 location.\nSample results will be released when received.\n \n \n \n \n PRODUCTION WELL:\n \n \n \n \n The third production well, ARGENTO-03, has been\ncompleted to a depth of 577-metres and the Company is pleased to\nreport that brine mineralization potential has been established from\ndepths of 350 to 470-metres. These results are...