Mineral explorer Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) is drilling for commercially productive sources of the soft metal in the lithium-rich brine fields of Chile. A recent article discussing the company reads, “Over the past year, Lithium Chile has amassed one of the largest lithium land holdings in one of the largest lithium-producing regions on Earth — the so-called “Lithium Triangle” spanning the border regions between Chile, Argentina and Bolivia. Lithium Chile’s 100 percent-owned 159,700 hectares (394,627.3 acres) of land with high lithium potential were acquired at just over $3 per hectare in a country where sales have commanded over $800 per hectare in other lithium prospects, and the company is now advancing a drill exploration program to test its analysis of its top priority locations among 16 separate sites. … After sample programs on all of the sites, Lithium Chile prioritized the potential metal-rich brine returns of six salars — dry lake beds where lithium is expected to exist in large quantities — and conducted geophysical testing on the top five to determine their boundaries and potential through gravity and electromagnetic conductivity (TEM) programs.”
To view the full article, visit http://ibn.fm/1YWS4
About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 152,900 hectares covering sections of 14 salars and one laguna complex in Chile. Lithium Chile’s common shares are listed on the TSX.V under the symbol “LITH” and on the OTCQB under the symbol “LTMCF”. For more information, visit http://ibn.fm/LTMCF
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