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Lithium Chile Reports Gold Grades of 9.3 g/t Gold and Silver Grades of 264 g/t from the Second Phase of Its Sampling Program at Carmona
Calgary, Alberta--(Newsfile Corp. - December 15, 2020) - Lithium Chile Inc. (TSXV: LITH) (" Li...
About this update from Lithium Chile Inc
[{"type":"text","content":"Lithium Chile Reports Gold Grades of 9.3 g/t Gold and Silver Grades of 264 g/t from the Second Phase of Its Sampling Program at CarmonaCalgary, Alberta--(Newsfile Corp. - December 15, 2020) - Lithium Chile Inc. (TSXV: LITH) (\"Lithium Chile\" or the \"Company\") is pleased to report the recent completion of additional sampling on its 100% owned Carmona gold and silver property. Background:As a result of the strong results achieved from the Company's October sampling program on the Carmona property's Southern Zone (see press release dated November 21, 2020) additional sampling of the zone was completed in November 2020. Highlights:Recent soil sampling more than doubles Au - Ag - Cu anomaly to 1.8 km2.Additional rock chip samples from 1 - 3m wide veins range up to 9.3g/t gold, 264g/t silver and 4.69% copper.Numerous mineralized veins and breccias are concentrated in a 300m wide by 900m long zone on the SW flank of the soil anomaly.This second sampling program uncovered additional copper oxide, secondary chalcocite, chalcopyrite, bornite and pyrite bearing veins and breccia zones that define a NE-SW trending 300m wide and 900m long zone with in the gold-silver-copper soil anomaly that was identified during the earlier phase of sampling.While the bulk of the assays are pending, results reported to date have increased the size of the anomaly to 1.8 km2 and rock sample assays from the new veins discovered within the Southern Zone include the following results 5.9g/t to 9.3 g/t gold with133 g/t to 264 g/t silver with1.09% to 4.69% copper with0.11% cobaltThe Company continues to be highly encouraged by the results from the Southern Zone and once all of the sample results have been received and evaluated, the Company plans to carry out an Induced Polarization geophysical survey with a view to establishing priority targets for a reconnaissance drilling program.To facilitate mapping and continued exploration activities on the Central Zone the Company is currently upgrading its access road into the Central Zone from which previous rock samples returned assays up to 26.2 g/t gold and 235 g/t silver (see press release dated September 3, 2020).To view an enhanced version of this graphic [Carmona Project Rock, Sediment and Soil Anomaly Location Map], please visit:https://orders.newsfilecorp.com/files/5962/70252_3d0a1927848198c9_001full.jpgSteve...