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LITH Lithium Chile Inc

0.77
-0.04 (-4.94%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lithium Chile Inc TSXV:LITH TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -4.94% 0.77 0.75 0.78 0.81 0.77 0.81 109,805 21:00:05

NetworkNewsWire Announces Publication on Prospective Junior Miners, Competitors Engaged in Global Lithium Race

15/06/2018 1:15pm

GlobeNewswire Inc.


Lithium Chile (TSXV:LITH)
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From May 2019 to May 2024

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via NetworkWire — NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Lithium Chile Inc. (TSX.V:LITH) (OTCQB:LTMCF), a client of NNW focused on advancing a lithium property portfolio consisting of 152,900 hectares covering sections of 14 salars and one laguna complex in Chile.

To view the full publication, titled “Lithium Demand Driving New Procurement Strategies,” visit: http://nnw.fm/e6F2T

Results of field tests announced in April identified multiple high-priority target areas at both Lithium Chile’s Salar De Atacama and Salar Ollague properties. Large, multiple lithium brine targets of 20 to 25 square kilometers were discovered at both properties. The Atacama property contains near-surface lithium brine values up to 1330 mg/L of lithium and the Ollague Property contains near-surface Li brine values up to 1140 mg/L of lithium.

Lithium Chile has also identified a 58+ square kilometer high priority lithium brine target area at its Coipasa project. Results of field tests in May (http://nnw.fm/UPX8j) returned lithium values in near-surface brines ranging from 310 mg/L to 1410 mg/L. Strikingly, this zone displays the same geophysical characteristics as the lithium-rich aquifers at Salar de Atacama, home to the world’s largest and highest-grade lithium brine producers. By comparison, typical lithium concentration needed for production in the United States is between 190 to 200 milligrams of lithium per liter.

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. The properties include 64 square kilometers on the Salar de Atacama, which hosts the world’s highest concentration lithium brine production and is currently the source of approximately 30 percent of the world’s lithium production. 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 the company’s website at http://nnw.fm/LTMCF

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW) New York, New York www.NetworkNewsWire.com 212.418.1217 Office Editor@NetworkNewsWire.com

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