Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) this morning
issued an update concerning its current drilling program. Per the update, the
company has been approved for an additional hole at its Ollague prospect based
on strong indicators from the first four exploration holes. The fifth hole will
be located in the center of the basin and will extend the drilling depth from
250 meters to 500 meters, enabling the company to test the deeper levels of the
salar. “Drilling a fifth hole at Ollague not only reflects the encouraging data
we have collected on our first four holes but also reflects our belief that
Ollague has the potential to be an exciting new lithium discovery,” Lithium
Chile president and CEO Steve Cochrane stated in the news release.
To view the full press release, visit http://ibn.fm/y9nKV
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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