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Lithium Chile Provides Ollague Drilling Program Update
Lithium Chile Provides Ollague Drilling Program Update Canada NewsWire CALGARY, ...
About this update from Lithium Chile Inc
[{"type":"text","content":"\n\n\n\nLithium Chile Provides Ollague Drilling Program Update\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, July 23, 2018\n\n\n\nTSX Venture Exchange: \"LITH\"OTC-QB: LTMCF\n\n\n\nCALGARY, July 23, 2018 /CNW/ - Lithium Chile Inc. (\"Lithium Chile\") is pleased to provide an update on the ongoing drill program at its wholly-owned Ollague project, located in the Antofagasta Region of Chile.\n\n\n \n \n\n \nThe first hole, DDH-OLL-01-18, encountered a porous brine saturated salt/sand horizon at a depth of 110 meters which continued to a depth of 290 meters. These depths coincided with the main low conductivity zone detected by the transient electromagnetic survey completed by Lithium Chile on the property during March, 2018 (\"TEM\" - see news release dated April 3, 2018).  DDH-OLL-01-18 was terminated at 300 meters depth after penetrating the Salar basement at 290 meters. The drill rig is now set up on platform 2, located 2 kilometres SW of DDH-OLL-01-18.\n\nIn addition to recovering core during the drilling of DDH-OLL-01-18, a fluid sampling program was completed. This consisted of collecting of 1 litre samples at 20-25 meter intervals throughout the 180 meter thickness of the porous zone. The samples were tested on site for salinity and conductivity and then bottled and sealed on site for shipping to accredited laboratory, ALS Patagonia, for chemical analysis.\n\nDDH-OLL-01-18 is located approximately 1 kilometre from a historic test well where Lithium Chile recently received assay results of 1220 mg/L lithium from newly taken downhole fluid samples.  \n\nThis news release has been reviewed by Terence Walker, P. Geo., Vice President of Exploration and a qualified person as that term is defined in National Instrument 43-101.\n\nAbout Lithium Chile\n\nLithium Chile is advancing a lithium property portfolio consisting of 152,900 hectares covering sections of 14 salars and 1 laguna complex in Chile.\n\nLithium Chile's common shares are listed on the TSX-V under the symbol \"LITH\" and on the OTC-Q...