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One World Lithium Announces Diamond Drill Hole - 4 Reached Total Depth 518 Meters and Sampling Completed
VANCOUVER, BC - TheNewswire – October 19, 2021 - One World Lithium Inc. (CSE:OWLI) (OTC:OWRDF) (CNSX:OWLI.CN) (the “Company”) (“OWL”) is pleased to announce DDH
About this update from One World Lithium, Inc.
[{"type":"text","content":"VANCOUVER, BC - TheNewswire – October 19, 2021 - One World Lithium Inc. (CSE:OWLI) (OTC:OWRDF) (CNSX:OWLI.CN) (the “Company”) (“OWL”) is pleased to announce DDH-4 (diamond drill hole) reached a total depth of 518 meters or 1,700 feet at its Salar del Diablo Lithium Brine Exploration Project in Mexico. One zone was sampled between 331 and 381 meters and a second zone was sampled between 460 and 518 meters which are sampling intervals of 50 and 58 meters. All samples taken from DDH-4 has been sent to ALS prep lab in Hermosillo, Mexico where the samples from DDH-1, 2, 3 & 4 will be prepared for assaying at the ALS Vancouver Laboratory. All sample results will be announced at the same time after receiving a drilling report and recommendations from the Operator that may include additional drilling. This announcement will be released when available. The operator recommended the location to drill DDH-4 that is 34 kilometers south of DDH-2 and 16 kilometers north of DDH-3. The casing was left in DDH-3 that may later be drilled to depth. The location of DDH-3 and DDH-4 were recommended as historic and current evidence of hydrothermal activity are evident and is often a source of lithium in the Lithium Triangle Countries Argentina and Chile. Doug Fulcher, President and CEO noted “If the results warrant, Our Company is looking forward to resume drilling in the first quarter of 2022”. The Company also announces that is has granted incentive stock options to two consultants of the Company to purchase up to an aggregate of 1,100,000 common shares of the Company (the “Options”). The Options are exercisable on or before October 01, 2023, at a price $0.095 per common share vesting from time to time. All Options were granted in accordance with the Company’s Stock Option Plan. Mike Rosko, SME Registered member and a Qualified Person as defined by the Canadian National Instrument 43-101, has reviewed and approved the scientific and technical disclosure contained in this news release. About One World Lithium Inc. One World Lithium Inc. is an exploration and development company focused on lithium in brine projects and new lithium separation technologies. It currently has earned a 60% property interest in the Salar del Diablo property. On completing the southern drill program, OWL will earn an addit...