Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) recently announced that it has been approved for a fifth hole at its Ollague Property, extending the drilling depth from the current 250 meters to 500 meters. A recent article discussing the development reads: “The four exploration holes originally planned for Ollague have been completed, and the results from the first one, announced on August 23, 2018, indicated grades in the brine ranging up to 480 mg/l of lithium. The grades increased steadily from 120 meters to the final depth of 300 meters. … Results for the remaining holes are pending, but, based on preliminary information and the data collected from the first exploration hole, Lithium Chile has decided to pursue a fifth hole. Its location will be in the center of the basin, just north of the third and fourth holes.”
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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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