Lithium Chile begins drilling at Turi

Mr. Steven Cochrane reports

LITHIUM CHILE COMMENCES DRILLING AT TURI LITHIUM BRINE PROJECT IN CHILE

Lithium Chile Inc. has begun drilling at its Turi lithium brine project in Chile. The initial exploration program of up to three holes will focus on the core of a major geophysical anomaly that covers over 63 square kilometres and is 200 to over 300 metres thick. Near-surface brine samples taken by Lithium Chile from the area above the TEM anomaly contain lithium values ranging up to 590 milligrams per litre (mg/l) and moderate-to-low magnesium to lithium ratios of 7.8. Turi not only benefits from excellent drainage into the basin but also has a number of natural lithium-rich hot springs, indicating a potential subterranean source of lithium.

Lithium Chile is the largest landholder of lithium exploration projects in Chile outside of the government and SQM. Turi is one of six high-priority projects identified for early drill testing and the company has engaged Santiago-based Montgomery and Associates to assist with the drilling and water sampling program.

Steve Cochrane, president and chief executive officer of Lithium Chile, comments: “Turi is one of the priority prospects in our Chilean portfolio thanks to strong sampling results and the presence of a major geophysical anomaly. This is the second consecutive property for which we have acquired local and government agreement to drill. Our success in building on-the-ground relationships continues to bear fruit and truly sets us apart from other junior exploration companies with Chilean prospects. We look forward to sharing drilling results as they are received.”

This news release has been reviewed by Terence Walker, professional geoscientist, vice-president of exploration of the company and a qualified person as that term is defined in National Instrument 43-101.

About Lithium Chile Inc.

Lithium Chile is advancing a lithium property portfolio consisting of 166,150 hectares covering sections of 14 salars and two laguna complexes in Chile.

We seek Safe Harbor.

© 2019 Canjex Publishing Ltd. All rights reserved.

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