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Lithium Chile Increases Land Holdings at Salar de Turi as Positive TEM Geophysics Indicates Potential Lithium Brine Reservoir

Lithium Chile Increases Land Holdings at Salar de Turi as Positive TEM Geophysics Indicate...

articleLithium Chile IncApril 30, 20194/company/lithium-chile-inc/news/lithium-chile-increases-land-holdings-at-salar-de-turi-as-positive-tem-geophysics-indicates-potential-lithium-brine-reservoir
Lithium Chile Increases Land Holdings at Salar de Turi as Positive TEM Geophysics Indicates Potential Lithium Brine Reservoir

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[{"type":"text","content":"\n\n\n\nLithium Chile Increases Land Holdings at Salar de Turi as Positive TEM Geophysics Indicates Potential Lithium Brine Reservoir\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, April 30, 2019\n\n\n\nTSX Venture Exchange: LITHOTC-QB: LTMCF\n CALGARY, April 30, 2019 /CNW/ - Lithium Chile Inc. (\"Lithium Chile\" or the \"Company\") is pleased to announce positive results from an extended TEM geophysical survey on its Salar de Turi property. New data indicates that the highly conductive anomaly identified in earlier surveys is:  wider and thicker, continues to the northeast along the salar basin axis and extends beyond the Company's earlier property boundary. As a direct result, the Company has staked an additional 22 claims totaling 5,400 hectares to cover the anomaly extension, which now covers at least 63 Km2. \nNews Highlights\nExtended TEM survey has encountered a large addition to a highly-conductive anomaly on the Turi project Additional 5,400 hectares has been staked to cover the newly identified anomaly extension Community approval is already in place for a 3 hole drill programAnalysis of previous water well drilling in the local area indicates that one of these wells appears to have penetrated the top 20 metres of the main TEM anomaly and encountered saline brines in a coarse sand and gravel aquifer.\nLithium Chile has an access agreement in place with the Indigenous Community of Turi for an exploration program that includes three exploration drill holes. The Company has determined favorable locations for its upcoming drill program and is working collaboratively with community representatives to ensure access and environmental considerations are met. At 13,000 hectares, Salar de Turi is now the third largest property in Lithium Chile's Andean and Pre-Andean Salar belt portfolio.\nTerry Walker, Vice President of Exploration for Lithium Chile, commented, \"The expansion in both size and quality of the main TEM anomaly boosts our confidence in the quality and potential asset value of the ...

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