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NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: L

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Post# of 51
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Posted On: 11/09/2018 7:36:26 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Continues Commercially Productive Lithium Exploration within the “Lithium Triangle”

Mineral explorer Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) is drilling for commercially productive sources of the soft metal in the lithium-rich brine fields of Chile. A recent article discussing the company reads, “Over the past year, Lithium Chile has amassed one of the largest lithium land holdings in one of the largest lithium-producing regions on Earth — the so-called “Lithium Triangle” spanning the border regions between Chile, Argentina and Bolivia. Lithium Chile’s 100 percent-owned 159,700 hectares (394,627.3 acres) of land with high lithium potential were acquired at just over $3 per hectare in a country where sales have commanded over $800 per hectare in other lithium prospects, and the company is now advancing a drill exploration program to test its analysis of its top priority locations among 16 separate sites. … After sample programs on all of the sites, Lithium Chile prioritized the potential metal-rich brine returns of six salars — dry lake beds where lithium is expected to exist in large quantities — and conducted geophysical testing on the top five to determine their boundaries and potential through gravity and electromagnetic conductivity (TEM) programs.”

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