Lithium Chile Inc. is pleased to announce that its previously announced drill program, designed to increase the Salar de Arizaro initial resource estimate, is now underway. The program will be comprised of up to four additional exploration holes and three new production test wells. One diamond drill rig, as well as a larger rig capable of drilling [...]
Lithium Chile Inc. is pleased to announce that, subject to regulatory approval, it has granted 1,500,000 stock options to directors, officers, and consultants of the Company. The stock options are issued with an exercise price of $0.76 and will expire May 17, 2027. Early Warning Report In connection with the closing of a private placement on May [...]
Lithium Chile Inc. is pleased to announce that it has successfully closed the Company's previously announced $0.95 Private Placement with Chengxin Lithium Group. The $27,900,000 added to the Company's existing working capital of approximately $15,000,000, will give the Company an unprecedented $43,000,000 in cash. The Company is in a strong [...]
Lithium Chile is pleased to announce that the Company has acquired an additional 9,600 ha on its Laguna Blanca project in Chile. The addition of the 39 claims increases the Company's ownership to 14,800 ha in the Laguna Blanca basin. In addition, Lithium Chile acquired 2,500 ha of new claims on the Salar de Aguas Caliente Norte. This is a new [...]
Monumental Minerals Corp. is pleased to provide an update on management's recent visit to its Salar De Laguna Blanca Cesium-Lithium Brine Salar Project . Members of Monumental's management team and board of directors visited a portfolio of Lithium Chile assets, including the Laguna Project, with representatives of Lithium Chile Inc. . The Laguna [...]
Lithium Chile Inc. is pleased to announce that it has received $3,642,862 net proceeds from Chengxin Lithium Group as part of their strategy to increase ownership in Lithium Chile to a total of 19.86%. The funds received from warrants exercised at $0.85 will be added to the Company's working capital to bring the total current cash balance to [...]
Lithium Chile Inc. is pleased to announce that it plans to complete a non-brokered private placement of 29,380,000 common shares of the Company at a price of $0.95 per Offered Share, for aggregate gross proceeds of $27,911,000. The Offering is to be completed by a wholly owned subsidiary of Chengxin Lithium Group Co. In conjunction with the [...]
Lithium Chile Inc. is pleased to announce that the Company has entered into an arm's length definitive option agreement dated March 30, 2022 with Monumental Minerals Corp. to earn up to 75% of the 5,200 hectare Salar De Laguna Blanca project located near the town of San Pedro de Atacama. The Laguna Project is located within the prolific lithium [...]
Monumental Minerals Corp. is pleased to announce that the Company has entered into an arm's length letter of intent with Lithium Chile Inc. to acquire up to 75% of the 5200-hectare Salar De Laguna Blanca project located near the town of San Pedro de Atacama, Chile. The Laguna Project is located within the prolific lithium triangle, a zone within [...]
Lithium Chile Inc. is pleased to announce that the company's Argentinean management team will be meeting the technical team of Chengxin Lithium Group Co., Ltd. on Tuesday February 22, 2022, in Salta Argentina. The plans are to jointly travel to Lithium Chile's recently completed production test well on the Salar de Arizaro property. The purpose of [...]
Lithium Chile Inc. is pleased to announce it has commenced their phase 2 drilling program consisting of three, 500-metre-deep step-out holes aimed at expanding the lithium resource and increasing the grade on the Arizaro property. The program is announced after an initial resource of 1,420,000 tonnes of lithium carbonate equivalent in the Indicated [...]
Lithium Chile Inc. is pleased to report an initial lithium resource statement for its first test well in the Arizaro de Salar project. The NI 43-101 resource statement, detailed in Table 3.2 below, includes 1,420,000 tonnes of lithium carbonate equivalent in the Indicated and Inferred Resource categories. Steve Cochrane, President and CEO of [...]