Post by
Bandmanblues on Jun 10, 2021 11:36am
Interesting article
Lithium Chile Provides Operational Update on Its Argentinian Lithium Project Lithium Argentina TSX VENTURE: LITH www.lithiumchile.ca Mr. Steven Cochrane reports: CALGARY, ALBERTA TheNewswire - JUNE 09, 2021 Lithium Chile Inc. (Lithium Chile or the Company) (TSXV:LITH) (OTC:LTMCF) is pleased to announce that significant progress has been made towards the drilling of the Companys initial production test well on its Arizaro property in Salta Province, Argentina. HIGHLIGHTS Work program outlined and budget completed; Total cost below forecast; Drilling Contractor retained; Senior consulting geologist 30+ years lithium experienced retained The initial operational meeting was held within a week of signing the LOI (May 17, 2021 press release) and plans continue to unfold quickly. Once the definitive agreement is completed prior to July 12th, the Company hopes to begin drilling the production test well. Drilling should take approximately 8 weeks with a 30-day pumping test to follow. The test is designed to analyze and collect data from the target zone that will prove the potential commerciality of the aquifer identified in an earlier exploration program.