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Lithium Chile's Expanded Carmona Gold Property Continues to Return High Grade Gold and Silver Grades up to 21.4 gms/Tonne Gold and up to 329 gms/Tonne Silver from Second Sampling Program
CALGARY, AB / ACCESSWIRE / September 17, 2020 / Lithium Chile Inc. (TSXV:LITH)(OTC PINK:LTMC...
About this update from Lithium Chile Inc
[{"type":"text","content":"Lithium Chile's Expanded Carmona Gold Property Continues to Return High Grade Gold and Silver Grades up to 21.4 gms/Tonne Gold and up to 329 gms/Tonne Silver from Second Sampling ProgramCALGARY, AB / ACCESSWIRE / September 17, 2020 / Lithium Chile Inc. (TSXV:LITH)(OTC PINK:LTMCF)(\"Lithium Chile\" or the \"Company\") is pleased to announce it has received assay results from the second set of samples taken from its 100% owned Carmona gold and silver property. These assay results are from samples taken on additional claims recently staked which are adjacent to the Company's existing Carmona claims. The highlights are as follows:Assays are from initial reconnaissance rock and sediment sampling eight kilometers west of the main Carmona claims on the newly acquired Carmona-Garillas claims block.Assays results from rock chip samples range from 1.4 - 21.4 g/tonne gold and 3 - 329 g/tonne of silver.The area of the claims sampled to date covers a three-square km zone of hydrothermal alteration containing gold-silver rich veins and breccia zones hosting several active artisanal workings.The Company is extremely pleased with these initial positive results and plans to immediately conduct detailed infill sampling on additional areas to the west such that the balance of the claim block area has been sampled. During the Company's recent exploration program of detailed geological mapping and sediment and rock sampling an additional 380 samples were taken over the south zone of the main Carmona claim block. Assay results from this second phase program are expected over the next 30 days.Steve Cochrane, President and CEO of Lithium Chile commented, \"We are extremely pleased to see such good gold and silver grades coming out of our current Carmona exploration program. We see significant potential in this property and these recent assay results continue to reinforce our expectations.\"The Company also wishes to provide an update of the current situation in Chile as it relates to the COVID-19 Pandemic. While a state of emergency still exists in Chile with restrictions on road travel and health checks in certain communities and at border crossings, some communal restrictions are being lifted. Airports are now open and domestic flights have resumed although on a reduced schedule. Santiago is returning to relative normality and it is anticipated the C...