Lithium Chile has expanded the area of their Salar de Llamara Project by 21,700 hectares to now total 35,500 hectares ahead of transient electromagnetic analysis of the project, and a conditional drill programme later in 2023.
The project has previously returned lithium values of more than 350mg/l and the company now hopes for further positive results in Chile after recent success in their Argentinian exploration campaign.
“Following the success of our exploration program in Arizaro, Argentina, we are eager to commence operations on the vast portfolio of prospective lithium projects the Company owns in Chile,” said Michelle DeCecco, Vice President & COO.
“Recent movements and policy statements from Chiles, Ministry of Mines has increased the interest in Chilean lithium projects; Lithium Chile is in a strong position to capitalize on that interest.”
Elsewhere in Chile, Lithium Chile is pushing ahead with a drill campaign at their Salar de Los Morros project and will undergo rock sampling at Aguas Calientes.
Lithium Chile’s portfolio of lithium assets consists of 111,978 hectares covering sections of 11 salars and 1 laguna complex in Chile and 20,800 hectares in Argentina.