Exploratory Drilling Program Highlights Advancement of Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Prospects

July 27, 2018 09:59:07
  • Lithium Chile hits 180-meter brine-saturated zone on its first drill hole in Chile – home to the world’s highest-grade lithium brines
  • Company is awaiting assays and is now onto its next drill hole at the Ollague project
  • Prior sampling of lithium brines at project site range from 160 to 1,220 mg/l lithium
  • Lithium demand from battery makers for electric vehicles, laptops and other digital devices expected to grow 650 percent during coming decade

Early results from an exploratory drilling program under way in Chile – part of the famed lithium triangle – is evidence of growing excitement in Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) and the potential of its Ollague property to help answer the world’s need for highly efficient batteries to power increasingly demanding technology.

The four-hole drilling program began in late June on a site that returned sampling of lithium brine assays between 160 and 1,220 milligrams per liter, according to a news release about…

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