Lithium Chile Inc. is pleased to announce that AUSENCO Engineering has been selected to co-ordinate and produce the Company's Preliminary Economic Assessment report. The PEA is designed to define the economic parameters and commercial potential for Lithium Chile's Argentinian based Salar de Arizaro project . The PEA will investigate all aspects of going into production including lithium carbonate plant construction [...]
Lithium Chile Inc. welcomes a significant new shareholder following the sale of Chengze Lithium International Limited's 19.35% equity interest in Lithium Chile to Gator Capital Ltd. On November 3, 2022, Chengze received an Order from Innovation, Science and Economic Development Canada to divest of its 19.35% interest in Lithium Chile. Pursuant to the transaction with Gator, Chengze has satisfied the Order. The transaction [...]
Lithium Chile Inc. is pleased to announce that drilling has commenced on the third production well, Argento-3, on the Salar de Arizaro. The location of the third production well is 10 kms North of Argento-2 and is designed to expand the size and extent of the brine aquifer and to increase the existing lithium resource. The well is currenting drilling through 55 meters with a 13.5-inch bit and is expected to take between [...]
Lithium Chile Inc. is pleased to announce it has added 21,700 hectares on its Salar de Llamara Project, increasing its total to 35,500 hectares. The Llamara Project is highly prospective with surface samples showing high Cesium and Uranium values and a prior government water well returning lithium values of more than 350mg/l. A motorized auger surface sampling program has been completed and assays are pending. The Company [...]
Lithium Chile Inc. is pleased to announce excellent results from preliminary metallurgical test work carried out to determine the best production processes for lithium extraction. Lithium Chile is assessing potential commercial development pathways for its Salta lithium brine project in Argentina, Arizaro. All metallurgical test work referenced in this report were completed using brine collected in August 2022 from the [...]
Lithium Chile Inc. is pleased to announce the results of an updated resource report at the Salar de Arizaro. The update resulted in a significant increase to Lithium Chile's lithium carbonate equivalent resource. The increase is a result of the success of its second production well. That second well, drilled 3.6 kilometers away from the initial production test well, encountered significantly increased thickness in the [...]
Lithium Chile Inc. advises that its shareholder, Chengze Lithium International Limited has received an Order from the Investment Review Division, Canada, to divest of its role and interest in the Company. Chengze owns approximately 19.35% of Lithium Chile's outstanding common shares. The private placements into Lithium Chile Inc., by Chengze completed in January and May of 2022, were completed in accordance with the [...]
Lithium Chile Inc. is pleased to provide an operational update on its Phase Two development program at Salar de Arizaro in Argentina. The Company reports the completion of its second production well, Argento 2, drilled to a total depth of 649 metres. The brine aquifer identified was 255 metres thick; a significant increase from the 132 metre aquifer on its maiden well previously reported in its initial NI 43-101 report [...]
Lithium Chile Inc. is pleased to announce the appointment of two senior officers from Chengxin Lithium Group to the Company's Board of Directors. The Company welcomes, Ms. Iu Ching, Deputy General Manager and Ms. Liu Yuedan, Overseas Investment Director, of Chengxin. Ms. Iu has considerable experience in capital markets and global resource investment. She took the lead of successful international M&A investments of [...]
CALGARY, October 6, 2022 - Lithium Chile Inc. is pleased to announce that the Company has entered into an arm's length definitive option agreement dated October 5, 2022 with Monumental Minerals Corp. whereby Monumental may acquire a 50.01% interest in the Salar de Turi Project located within the prolific Lithium Triangle about 120 km northwest from the Company's Salar de Laguna Blanca Project and 60 km northeast from the [...]
Lithium Chile Inc. is pleased to announce that it has field tested 340 mg/l from the first hole of its Phase Two development program at Salar de Arizaro - and that all aspects of the development program are progressing well. The Phase Two development program is designed to increase the Company's previously announced 1,420,000 metric tonne lithium carbonate resource and to expand the commercial potential of the Arizaro [...]
Lithium Chile, acknowledges the September 4, 2022 vote by the citizens of Chile, electing not to support a proposed new constitution. On September 4, 2022, citizens of Chile voted not to support the constitutional text proposed by the Constitutional Convention. Lithium Chile has a vast lithium portfolio in Chile consisting of over 80,000 hectares, covering sections of 11 salars and 2 laguna complexes. The Company has [...]
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