Lithium Chile Inc V.LITH

LITHIUM CHILE RESOURCE HIGHLIGHTS:

[Pogo3]

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.

[Tyeehunter]

Great news, bigger resource, and some very high-grade brine samples.

[Stockmoneyman17]

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 

[Tyeehunter]

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.

[tiger2201]

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