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Lithium Chile to Sponsor and Present at the Largest Lithium Conference of 2019

Canada NewsWire

CALGARY, June 11, 2019

TSX Venture Exchange: LITH
OTC-QB: LTMCF

CALGARY, June 11, 2019 /CNW/ – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it is a sponsor of the 11th Annual Lithium Supply & Markets conference taking place 10-12 June, 2019 in Santiago, Chile. This year’s conference has over 450 registrants including representatives from the largest lithium producers and exploration companies in the world, including Ms. Wu Wei, President of Tianqi Lithium and Mr. Alberto Salas, Chairman of Sociedad Química y Minera de Chile S.A. (SQM). Also in attendance are representatives from the major battery manufacturers and many of the largest global chemical companies.

Executives from Lithium Chile, including Mr. Steve Cochrane, President and CEO, and Mr. Jose de Castro Alem, Manager of Lithium Operations, will present at the conference.

Steve Cochrane, President and CEO of Lithium Chile, stated, “We are very pleased to be a sponsor of, and participant in this year’s 11th Annual Lithium Supply and Markets Conference in Santiago. The opportunity to present the Lithium Chile story to so many of major players in the mining, chemical and battery industries is unmatched by any other industry event.

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 166,050 hectares covering sections of 15 salars and 1 laguna complex in Chile.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-QB under the symbol “LTMCF”.

On Behalf of the Board of Directors,
LITHIUM CHILE INC.

Steven Cochrane
President & CEO

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE Lithium Chile Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2019/11/c0717.html

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via e mail: steve@lithiumchile.ca or alternately, Jeremy Ross, VP Business Development, at (604) 537-7556 or via email: jeremy@lithiumchile.ca.Copyright CNW Group 2019

Canada Newswire
June 11, 2019 – 5:00 AM PDT
News by QuoteMedia
www.quotemedia.com

LITHIUM CHILE ANNOUNCES COMMUNITY APPROVAL FOR THEIR EXPLORATION PROGRAM ON THEIR SALAR DE COIPASA PROPERTY.

 TSX Venture Exchange: “LITH”                                                                              

FOR IMMEDIATE RELEASE

CALGARY ALBERTA – April 23 2019. Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it has received community approval for the planned exploration program on its Salar de Coipasa property in Chile. This is the third community in Chile’s lithium-rich salars to approve the Company’s exploration activities, following approval by the communities at the Company’s Ollague and Turi properties.  Having obtained approval for exploration at this third property establishes Lithium Chile as a clear leader amongst Chilean lithium exploration companies in the ability to work constructively with local communities and successfully gaining their support.

At the end of March 2019, the Indigenous Community Aymara of Ancovinto, owner of the surface rights where the Company’s Salar de Coipasa project is located, approved the exploration program with a large majority. This stage of consultation, as mandated by Chilean laws and International conventions for respecting indigenous communities, customs and the environment, is now complete.  The approval expresses the support of the community and its confidence in the Lithium Chile team to carry out the program in a manner that respects the inhabitants of the area and their ancestral way of life.

Geophysics has already been completed on the company’s 129km2 Salar de Coipasa property revealing a highly conductive anomaly covering over 65% of the property. Currently, the Company’s management is working collaboratively with local community representatives on optimising drill hole locations to minimise surface impact.

Steven Cochrane President and CEO comments “We are delighted to have received the support from the Ancovinto Community of Coipasa to advance this project and are very encouraged by the continued success of our Chilean team in developing productive relationships with local communities. This particular property is one of our most exciting exploration projects and we look forward to the upcoming exploration program.  The potential in Salar de Coipasa has become increasingly clear following the recent US$1.3 billion investment by Chinese company, Xinjiang TBEA Group, to earn a 49% interest in the Bolivian side of the same salar.

About Lithium Chile

Lithium Chile is advancing a lithium property portfolio consisting of 164,250 hectares covering sections of 14 salars and 1 laguna complex in Chile.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-QB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO  via e mail: steve@lithiumchile.ca  or alternately, Jeremy Ross, VP Business Development, at (604) 537-7556 or via email: jeremy@lithiumchile.ca .

On Behalf of the Board of Directors,

LITHIUM CHILE INC.

Steven Cochrane

President & CEO

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward Looking Statements

This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements“). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur.  In particular, this news release contains forward-looking statements relating to, among other things, management of the Company’s views regarding current and subsequent exploration  programs and approvals thereon.

You are cautioned that the following list of material factors and assumptions is not exhaustive.  Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory and local community approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects.  Accordingly, readers should not place undue reliance on forward-looking statements.  The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws.  All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

LITHIUM CHILE ANNOUNCES DRILLING PLANS FOR A 5TH HOLE TO 500 METERS ON OLLAGUE PROPERTY

 TSX Venture Exchange: “LITH”                                                                              

FOR IMMEDIATE RELEASE

LITHIUM CHILE ANNOUNCES DRILLING PLANS FOR A FIFTH HOLE TO FIVE HUNDRED METERS ON OLLAGUE PROPERTY

 CALGARY, Alberta, September 5, 2018 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to provide an update on their current drilling program. Based on strong indicators from their first four exploration holes on their Ollague prospect, Lithium Chile has been approved for a fifth hole that will extend the drilling depth from 250 meters to 500 meters.

Four exploration holes were originally planned and have now been successfully completed at Ollague. Results from the first hole were disclosed in a News Release dated August 23, 2018 and results from the remaining three holes are pending. Lithium Chile encountered grades in the brine in the first hole ranging up to 480 mg/l lithium with grades steadily increasing from 120 meters to its final depth of 300 meters. The first and second holes were drilled on the edge of the Ollague salar while holes three and four moved into the center of the basin.

Holes 3 and 4 were completed to a depth of 250 meters and were still in a porous brine formation when drilling was suspended as per the surface rights contract negotiated with the community of Ollague. Data collected at the drill sites indicated high salinity brines beginning at approximately 150 meters and open at depth at the time drilling was suspended.

Based on these indicators, Lithium Chile has made the decision to pursue a 5th hole in the center of the basin and north of holes three and four. Surface access has been successfully negotiated resulting in road and pad construction being completed over the past weekend with drilling planned to commence on Tuesday, September 4th.  The top 50 meters of this fifth hole will be cased with a surface casing to prevent up hole caving and to reduce the amount of contamination of the deeper brine targets from near surface freshwater zones. The target depth on the fifth hole is 500 meters which will allow Lithium Chile to test the deeper levels of the salar.

Steve Cochrane President and CEO of Lithium Chile commented: “Drilling a fifth hole at Ollague not only reflects the encouraging data we have collected on our first four holes but also reflects our belief that Ollague has the potential to be an exciting new lithium discovery”.

DRILLING PLANS FOR A 5TH HOLE TO 500 METERS
ON OLLAGUE PROPERTY

This 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.

About Lithium Chile

Lithium Chile is advancing a lithium property portfolio consisting of 155,800 hectares covering sections of 14 salars and 1 laguna complex in Chile.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-QB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO   via e mail: steve@lithiumchile.ca  or alternatively, Jeremy Ross, VP Business Development, at (604) 537-7556 or via email: jeremy@lithiumchile.ca .

On Behalf of the Board of Directors,

LITHIUM CHILE INC.

Steven Cochrane President & CEO

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 Forward-Looking Statements

This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements“). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur.  In particular, this news release contains forward-looking statements relating to, among other things, management of the Company’s views regarding the current and subsequent drilling programs.

You are cautioned that the following list of material factors and assumptions is not exhaustive.  Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects.  Accordingly, readers should not place undue reliance on forward-looking statements.  The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws.  All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

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