Lithium X (fka LIXXF)

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Lithium X Upgrades Mineral Resource Estimate for Sal de los Angeles Project
Resource Estimate for Sal de los Angeles Project

VANCOUVER, Aug. 30, 2016 /CNW/ – Lithium X Energy Corp. (“Lithium X” or the “Company“) (TSX-V: LIX) (OTCQB: LIXXF), is pleased to report the filing of a National Instrument 43-101 technical report prepared by FloSolutions (Chile), dated August 30, 2016 and entitled Resource Estimate for Lithium & Potassium, Sal de los Angeles Project, Salta (Argentina) containing its first independent lithium (“Li”), potassium (“K”) and boron (“B”) resource estimate for the Sal de los Angeles brine project at Salar de Diablillos (the “Project”). Lithium X holds a 50% interest in the Project and can acquire an additional 30% interest (see March 3, 2016 news release).

*Highlights: NI 43-101 Mineral Resource Estimate of 194,860 tonnes of lithium (1,037,000 tonnes of lithium carbonate equivalent) of Indicated category.
*Significant potash by-product resource of 2,143,491 tonnes of potassium (4,088,000 tonnes of potassium chloride) Indicated
*High average grade of Indicated resource of 501 milligrams per litre (mg/L) lithium and 5,512 mg/L potassium