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Bullboard - Stock Discussion Forum Lithium Chile Inc LTMCF


Primary Symbol: V.LITH

Lithium Chile Inc. (Lithium Chile) is a Canada-based exploration and lithium resource company, which is engaged in the acquisition and development of mining properties in Chile and Argentina. The Company has portfolios in the junior mining sector with properties on approximately 13 lithium-rich salars, comprising of 111,978 hectares in Chile and 20,800 hectares in Argentina. The Company also... see more

TSXV:LITH - Post Discussion

Lithium Chile Inc > LITHIUM CHILE RESOURCE HIGHLIGHTS:
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Post by Pogo3 on Jun 13, 2023 7:19am

LITHIUM CHILE RESOURCE HIGHLIGHTS:

CALGARY, ALBERTA, June 12, 2023 – Lithium Chile Inc.   (“Lithium Chile” or the “Company”) is pleased to announce the results of an updated 43-101 resource report at the Salar de Arizaro. The Company reports that its diamond drill hole, ARDDH-05, added 671,000 tonnes of lithium carbonate equivalent (LCE) for a current project total, indicated and inferred resource of 3,323,000 tonnes of LCE.

 

RESOURCE HIGHLIGHTS:

  • Diamond drill hole ARDDH-05 added 169,000 indicated tonnes of LCE and 502,000 inferred tonnes of LCE, for a total of 671,000 tonnes of LCE.

  • The highest lithium grades on the Arizaro property to date, ARDDH-05 recorded grades of 584 mg/l.

Comment by Tyeehunter on Jun 13, 2023 9:58am
Great news, bigger resource, and some very high-grade brine samples.
Comment by Stockmoneyman17 on Jun 13, 2023 4:05pm
What's the chances we actually  get a buyout in the very near future? I've seen alot of ppl post about a buyout for along time now on various sites mainly CEO. She happening or just word? GLTA 
Comment by Tyeehunter on Jun 14, 2023 11:56am
I think CEO said they need the resource to be over 4 million tons for that to happen.  Hopefully, they keep growing the resource.  They added this week but now sitting around 3.2 million tons. 4-5+ makes them more attractive.  But who knows anything is possible.
Comment by tiger2201 on Jun 18, 2023 8:16am
They already have 3.3 my, already world class. With further update, the total will be around 4 MT. With resource size and land package, Argentina's Arizaro will be bought out, very soon. Tiger