NEW YORK, May 23, 2018 (GLOBE NEWSWIRE) -- via NetworkWire — NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Lithium Chile (LITH.V) (LTMCF), a client of NNW focused on advancing a lithium property portfolio consisting of 148,500 hectares covering sections of 13 salars and one laguna complex in Chile.
To view the full publication, titled “Motherlode Lithium,” visit: http://nnw.fm/Yi8Ye
Lithium Chile has conducted sampling programs across its portfolio. The top six have returned high-grade lithium samples at and near surface, have good chemistry, great infrastructure — all for little more than $3 a hectare.
Field tests so far have shown some of the highest lithium sample grades reported throughout Chile. To provide some perspective: typical lithium concentration needed for production in the United States is between 190 to 200 mg of lithium per liter. Some of Lithium Chile’s properties have tested over 1000 mg per liter, and one sample returned 1410 mg per liter taken within three feet of the surface. Also, if the right brine chemistry doesn’t exist, lithium extraction can be difficult and expensive. The chemistry tests on the six top products have shown excellent results.
About Lithium Chile
Lithium Chile Inc. is advancing a lithium property portfolio consisting of 148,500 hectares covering sections of 13 salars and one laguna complex in Chile. The properties include 64 square kilometers on the Salar de Atacama, which hosts the world’s highest concentration lithium brine production and is currently the source of about 30 percent of the world’s lithium production. Lithium Chile Shares are listed on the TSX-V under the symbol “LITH”. For more information, visit the company’s website at www.LithiumChile.ca
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
