Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) is pleased with drilling progress and strong potential of the company’s Salar de Ollague project, with its first core and liquid samples being assayed. A recent article highlighting promising preliminary results reads, “How strong does the lithium brine need to be? Well, lithium brine is typically measured in parts per million (“ppm”), and this can alternatively be expressed as milligrams per liter (mg/L). At Albemarle’s massive lithium brine mine in the United States (http://nnw.fm/FeS7P), a concentration of lithium between 190 and 200 ppm has been sufficient for production. However, the first of Lithium Chile’s four drill holes is located about a kilometer from a test well where new fluid samples were recently assayed at 1,220 mg/L of lithium, according to a company news release (http://nnw.fm/7YyYb). That is 600 percent higher than Albermarle’s U.S. operation.”
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About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 152,900 hectares covering sections of 14 salars and one laguna complex in Chile. Lithium Chile’s common shares are listed on the TSX.V under the symbol “LITH” and on the OTCQB under the symbol “LTMCF”. For more information, visit http://nnw.fm/LTMCF
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