NetworkNewsWire Announces Publication on Opportunity for Lithium Miners Amid Increasing Demand, Exacerbating Feedstock
22 Junio 2018 - 7:30AM
via NetworkWire — NetworkNewsWire ("NNW"), a multifaceted financial
news and publishing company, today announces the publication of an
editorial featuring Lithium Chile Inc. (TSX-V:LITH) (OTCQB:LTMCF),
a client of NNW focused on advancing a lithium property portfolio
consisting of 152,900 hectares covering sections of 14 salars and
one laguna complex in Chile.
To view the full publication, titled “Anticipated Lithium
Deficits Boost Outlook for Miners,” visit: http://nnw.fm/VBs9c
In previously announced results of a transient electromagnetic
survey (TEM) covering 25 square kilometers of the Ollague project,
Lithium Chile identified multiple large high-priority targets and a
comprehensive sampling program revealed near-surface lithium brines
assaying up to 1,140mg/L of lithium. In comparison, lithium
concentration between 190 to 200 mg/L of lithium is needed for
production in the United States.
Lithium Chile acquired its assets for just $3 per hectare.
Prospective lithium parcels in Chile currently change hands around
$1,500 per hectare, and proven tracts command more than $10,000 per
hectare. Lithium Chile relied on the vast in-country
experience and skills of Terry Walker, the company’s chief
geologist and VP of exploration, to acquire large tracts of prime
lithium-bearing properties. Using a 1970s French technical report
overlaid on a national database of water well hydrology and water
chemistry, Walker meticulously matched that information with an
extensive lands claim database. Lithium Chile subsequently secured
the best salars in proximity to the highest lithium concentrations
and the closest to needed infrastructure. The result could
turn out to be among the most promising and lucrative lithium-rich
land packages in recent history.
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. 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 approximately 30 percent of the world’s lithium production.
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 the company’s website at
http://nnw.fm/LTMCF.
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content
distribution company that provides (1) access to a network of wire
services via NetworkWire to reach all target markets,
industries and demographics in the most effective manner possible,
(2) article and editorial syndication to 5,000+ news outlets, (3)
enhanced press release services to ensure maximum impact, (4)
social media distribution via the Investor Brand Network (IBN) to
nearly 2 million followers, (5) a full array of corporate
communications solutions, and (6) a total news coverage solution
with NNW Prime. As a multifaceted organization with an extensive
team of contributing journalists and writers, NNW is uniquely
positioned to best serve private and public companies that desire
to reach a wide audience of investors, consumers, journalists and
the general public. By cutting through the overload of information
in today’s market, NNW brings its clients unparalleled visibility,
recognition and brand awareness. NNW is where news, content and
information converge. For more information, please visit
https://www.NetworkNewsWire.com.
Please see full terms of use and disclaimers on the
NetworkNewsWire website applicable to all content provided by NNW,
wherever published or re-published: http://NNW.fm/Disclaimer.
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.
Corporate Communications Contact:
NetworkNewsWire (NNW) New York, New York www.NetworkNewsWire.com
212.418.1217 Office Editor@NetworkNewsWire.com
Lithium Chile (TSXV:LITH)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Lithium Chile (TSXV:LITH)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025