Lithium Chile (LTMCF)

[TradingCharts]

CALGARY, ALBERTA, May 17, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it has added an Argentinian lithium salar property to its portfolio by entering into a binding Letter of Intent (“LOI”) with SMG S.R.L. of Jujuy, Argentina. The LOI enables Lithium Chile to earn up to an 80% interest in the 233 Sq Km Salar De Arizaro located in Salta Province, Argentina. The LOI gives Lithium Chile the opportunity to earn a large and dominant land position in the center of the largest undeveloped salar in Argentina.

HIGHLIGHTS
• 850 mg/l lithium grades already established from a three-hole drill program conducted in 2019;
• Arizaro exploration target covers 233 Sq. Km.;
• Surface area of Arizaro prospect larger than the Salar de Pastos Grande (Millennial Lithium) and the Salar de Pozuelos (Litica Project);
• Lithium Chile will be one of the only junior companies with active programs in two of the lithium triangle countries.

https://lithiumchile.ca/news/lithium-chile-expands-into-argentina-with-850mg-l-lithium-property-with-agreement-to-earn-into-the-233sqkm-salar-de-arizaro-propert/