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Lithium Chile Expands Helados Lithium Brine Property to 22,700 Hectares - Countrywide Lithium Land Package at 140,100 Hectares Now Largest Holdings Outside of Government
Lithium Chile Expands Helados Lithium Brine Property to 22,700 Hectares - Countrywide Lith...
About this update from Lithium Chile Inc
[{"type":"text","content":"\n\n\n\nLithium Chile Expands Helados Lithium Brine Property to 22,700 Hectares - Countrywide Lithium Land Package at 140,100 Hectares Now Largest Holdings Outside of Government\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Feb. 6, 2018\n\n\n\nTSX Venture Exchange: \"LITH\"\n\n\n\nCALGARY, Feb. 6, 2018 /CNW/ - Lithium Chile Inc. (\"Lithium Chile\" or the \"Company\") is pleased to announce that it has acquired an additional 5900 hectares at its Helados lithium brine property (map attached), where near-surface brine samples have assayed up to 1280 mg/L lithium (see news release dated Jan 23rd, 2017). Near-surface brine sample lithium assays from this newly acquired block range up to 760 mg/L and further highlight the 20+ kilometre (km) lithium enrichment trend along the Salar Tara - Laguna Helada Basin axis. The Helados property now comprises a total of 22,700 hectares. A geophysical work program is underway at the property, with drilling expected to commence in March.\n\nHelados Highlights\n\n\nIncreased Land Package: New total of 22,700 hectares.\nHigh-Grade Results from Sampling: Assays from near-surface sampling program of up to 1280 mg/L lithium.\nExcellent Chemistry: Sampled lithium brines at Helados have excellent chemistry including an Li:K ratio of 0.1 and an Mg:Li ratio of 2.6.\nWork Program Underway: Gravity and TEM geophysics programs currently underway and drilling is expected to commence in March.\nClose to Infrastructure: Located 80 km due east of Salar de Atacama in the Andean Lithium Belt and accessible year-round by paved highway and a short 5km gravel road from the town of San Pedro de Atacama.\nLargest Landholder: The Company now has a total land package of 140,100 hectares which is the largest lithium exploration property portfolio outside of the Chilean government.\n\nTerry Walker, V.P. Exploration, commented: \"The continuing strong lithium enrichment encountered in near surface brine samples along the whole Salar Tara - Laguna Helada Basin axis supports management's belief that our Helados property has potential to hos...