LITHIUM CHILE PROVIDES OPERATIONAL UPDATE ON THE PHASE TWO DEVELOPMENT PROGRAM ON ITS SALAR De ARIZARO PROJECT LOCATED IN SALTA PROVINCE, ARGENTINA WHERE FIELD TESTS FROM THE FIRST STEP OUT WELL RETURNED LITHIUM GRADES IN EXCESS OF 340 MG/L
LITHIUM CHILE PROVIDES OPERATIONAL UPDATE ON THE PHASE TWO DEVELOPMENT PROGRAM ON ITS SALAR De ARIZARO PROJECT LOCATED IN SALTA PROVINCE, ARGENTINA WHERE FIELD TESTS FROM THE FIRST STEP OUT WELL RETURNED LITHIUM GRADES IN EXCESS OF 340 MG/L
TSX Venture Exchange: LITH For Immediate ReleaseOTC-BB: LTMCF
多倫多證券交易所風險交易所：LITH換取即時釋放場外交易-BB：LTMCF
CALGARY, ALBERTA, September 14, 2022, Sept. 14, 2022 (GLOBE NEWSWIRE) -- CALGARY, ALBERTA, September 14, 2022 – Lithium Chile Inc. ("Lithium Chile" or the "Company") is pleased to announce that it has field tested 340 mg/l from the first hole of its Phase Two development program at Salar de Arizaro ("Arizaro") - and that all aspects of the development program are progressing well. The Phase Two development program is designed to increase the Company's previously announced 1,420,000 metric tonne lithium carbonate resource and to expand the commercial potential of the Arizaro project.
阿爾伯塔省卡爾加里，2022年9月14日2022年14日(環球通訊社)--加拿大阿爾伯塔省卡爾加里，2022年9月14日-Lithium智利公司或“公司”)很高興地宣佈，該公司已在亞利薩羅薩拉德第二階段開發計劃的第一個井眼進行了340毫克/升的現場測試。亞利薩羅州二期開發計劃旨在增加公司先前宣佈的1,420,000噸碳酸鋰資源，並擴大Arizaro項目的商業潛力。
PROGRAM HIGHLIGHTS:
計劃亮點：
- 340 mg/l in the first exploration hole is 14% higher than the resource grade used in the Company's maiden resource report;
- Completed two of four planned exploration holes with a third hole underway;
- First of three planned production holes has commenced;
- Critical fresh water well completed encountering 100 metre fresh water aquifer;
- Metallurgical studies underway to determine best lithium extraction process.
- 340 mg/l，比公司首份資源報告中使用的資源品位高14%；
- 已完成計劃中的四個勘探孔中的兩個，第三個正在進行中；
- 計劃中的三個生產井中的第一個已經開始；
- 臨界淡水完井遇100米淡水含水層；
- 冶金研究正在進行中，以確定最佳的鋰提取工藝。
Exploration Holes - Highlights:
探險洞-亮點：
The Company has completed the first two holes of its planned four-hole diamond drill program and is 250 metres into the third hole (See Figure 1 for hole locations).
該公司已經完成了計劃中的四孔鑽石鑽機計劃的前兩個孔，第三個孔的深度為250米(孔位置見圖1)。
The first hole was drilled approximately 5 kilometers away from the initial production test well yet encountered the brine aquifer at 357 metres, 25 metres deeper than the initial hole. The formation was still open in coarse black sands when drilling stopped at 465 metres as a result of the drilling rig capacity. Industry accepted field sampling was done using the Company's Turbospec lithium analyzer and returned assays of 340 mg/ litre of lithium. This grade was 14% greater than the 298 mg/l lithium grade used in the initial 43-101 report. Assay results are pending from the laboratory which will ultimately form the basis of an updated NI 43-101 resource report.
第一口井距離最初的試採井約5公里，但在357米處遇到了鹽水含水層，比最初的井深25米。由於鑽機的能力，當鑽探在465米處停止鑽探時，該地層仍在粗糙的黑砂中開放。行業認可的現場採樣是使用該公司的TurBospec鋰分析儀進行的，返回的分析結果為340毫克/升鋰。這一等級比最初43-101報告中使用的298 mg/l鋰等級高出14%。實驗室正在等待化驗結果，最終將形成最新的NI 43-101資源報告的基礎。
The second hole had a thicker halite cap then encountered in the first hole and drilling was suspended at 400 metres. The hole will be completed using our larger rotary rig which is capable of drilling to 800 metres.
第二個洞有一個更厚的鹽巖蓋子，然後在第一個洞遇到，鑽井在400米處暫停。這個洞將使用我們更大的旋轉鑽機完成，該鑽機能夠鑽到800米遠。
The third hole, located on the northern extension of the Company's Arizaro claims, is currently at 250 metres. The halite cap appears thinner on the northern claims and consists of broken halite, mixed with sands and was encountered at shallower depths. Sampling has begun using a double packer system to ensure the most accurate results.
第三個洞位於公司在Arizaro聲稱的北部延長線上，目前在250米處。北部地區的巖鹽蓋層似乎較薄，由破碎的巖鹽組成，與沙子混合在一起，在較淺的深度遇到。取樣已經開始使用雙封隔器系統，以確保最準確的結果。
Production Holes - Highlights:
生產孔洞-亮點：
The large rotary drilling rig arrived on site two weeks ago and is currently drilling the first of the three production wells planned for this program (See Figure 1 for hole location). As this rig is capable of deeper drilling, the Company plans to drill an 18 inch diameter well to accommodate a 16 inch down hole pump, to a significantly deeper depth of 800 metres. Drilling is presently proceeding through 160 metres depth on this initial production well. The Company is completing a concurrent baseline environment impact study for a 5,000 metric tonne-per-year production facility for the three production wells that will be available after completion of the Phase Two development program which are expected to be completed early in the first quarter of 2023.
大型旋轉鑽機於兩週前抵達現場，目前正在鑽探該項目計劃的三口生產井中的第一口(井眼位置見圖1)。由於該鑽井平臺能夠進行更深的鑽井，該公司計劃鑽一口直徑18英寸的井，以容納一臺16英寸的井下泵，深度明顯更深，為800米。這口初步生產井目前正在進行160米深的鑽探。該公司正在為三口年產5,000噸的生產設施同時完成基線環境影響研究，這些設施將在第二階段開發計劃完成後可用，預計將於2023年第一季度初完成。
Metallurgical Studies:
冶金研究：
The Company is conducting metallurgical studies on 2,000 litres of brine collected from the first production well completed in the First Phase Program. These tests include advanced chemistry studies at the Company's recently established lab in Jujuy Province to determine best production processes for lithium extraction, conducting evaporation tests to determine concentrations that will yield optimum recovery of lithium. Evaporation tests will also allow for the precipitation of impurities associated with these brines. The Company has also delivered 150 litres of brine to Chengxin's DLE facility in China for production tests. Lithium Chile is also in the process of shipping brines to Summit Nanotech's facility in Calgary, Alberta for initial analysis.
該公司正在對從一期工程完成的第一口生產井收集的2000升鹽水進行冶金研究。這些測試包括公司最近在胡胡伊省成立的實驗室進行的高級化學研究，以確定提取鋰的最佳生產工藝，進行蒸發測試，以確定能夠產生最佳鋰回收的濃度。蒸發測試還將允許沉澱與這些滷水有關的雜質。該公司還向誠鑫在中國的DLE工廠交付了150升鹽水進行生產測試。智利鋰公司還在將鹽水運往Summit Nanotech位於艾伯塔省卡爾加里的設施進行初步分析。
Water Well:
水井：
The Company's first, fresh water well has been drilled, completed, and cased on the southern border of the Salar de Arizaro. Over 100 metres of freshwater aquifer was identified. Testing has now begun on flow rates and recharge rates and this data will be submitted to the Salta Provincial Water Ministry in support of a future application to use a percentage of the water for lithium carbonate production.
該公司的第一口淡水油井已在亞利薩羅河南部邊界鑽探、完工並下井。查明瞭100多米的淡水含水層。現在已經開始對流量和充電率進行測試，這些數據將提交給薩爾塔省水利部，以支持未來使用一定比例的水生產碳酸鋰的申請。
Mobile Camp:
移動營地：
The Company's camp on the Salar de Arizaro has been expanded to accommodate 50 employees as a result of significantly expanded operations currently underway. The camp is complete with a kitchen, dining room and health & safety modules. The on-site camp allows for non-stop operations and significantly reduces the Company's travel costs.
該公司在亞利薩羅薩拉德河的營地已經擴大到容納50名員工，這是目前正在進行的大幅擴張業務的結果。營地配有廚房、餐廳和健康與安全模塊。現場營地允許不間斷運營，並顯著降低了公司的差旅成本。
On-site camp at the Salar de Arizaro
在Salar de Arizaro的現場營地
Steve Cochrane, President & CEO comments, "I am very pleased with the progress we have made to date expanding our Arizaro project and its potential resource, on time and on budget. I am also very proud of our team on the ground in Salta and on Arizaro; they have accomplished everything we could have asked for in developing the Arizaro project and proving it has the potential to be the next big lithium resource in Argentina".
總裁首席執行官Steve Cochrane表示：“我對我們迄今為止在按時和按預算擴大我們的亞利薩羅項目及其潛在資源方面取得的進展感到非常高興。我也為我們在薩爾塔和亞利薩羅的實地團隊感到非常自豪；他們在開發亞利薩羅項目方面完成了我們所能要求的一切，並證明它有潛力成為阿根廷下一個大型鋰資源。”
CHILEAN UPDATE
智利文更新
Pursuant to the recent NO vote on the proposed new constitution for Chile having occurred a week ago, Lithium Chile has already seen an increased interest in their Chilean assets. The Company has recently designed a 74-kilometer TEM geophysical program on its Llamara lithium prospect in Chile. The contract has gone out for tender, and the program is planned to get underway in the next month. Llamara has historic drill results showing lithium brines on the property with lithium grades up to 343 mg/l.
根據最近一週前對擬議的智利新憲法進行的反對票，智利鋰公司已經看到對其智利資產的興趣增加。該公司最近為其在智利的Llamara鋰礦藏設計了一個74公里的瞬變電磁地球物理項目。該合同已經招標，該項目計劃在下個月開始。Llamara擁有歷史性的鑽探結果，顯示該礦區的鋰滷水鋰品位高達343毫克/升。
The Company announces that it has implemented an Equity Incentive Compensation Plan (the "Plan"). The Plan is a "fixed 10%" security-based compensation plan under TSX Venture Exchange (the "Exchange") policies, pursuant to which 19,612,185 awards may be granted. The Company received disinterested shareholder approval for the Plan at the Company's annual general and special meeting held on June 28, 2022, and approval from the Exchange on August 23, 2022.
本公司宣佈已實施股權激勵薪酬計劃(以下簡稱“計劃”)。該計劃是多倫多證券交易所創業板(以下簡稱“交易所”)政策下的“固定10%”證券補償計劃，根據該計劃可授予19,612,185份獎勵。本公司於2022年6月28日舉行的股東周年大會及特別大會上獲得公正股東對該計劃的批准，並於2022年8月23日獲聯交所批准。
The Company has granted an aggregate of 4,000,000 restricted share units (each, an "RSU") to two executive officers of the Company. The RSUs vest one year from the date of the grant, and each RSU will entitle the holder to receive one common share of the Company for a period of five years.
本公司已向本公司兩名行政人員授予合共4,000,000股限制性股份單位(各一個“RSU”)。RSU自授予之日起授予一年，每個RSU將使持有人有權獲得為期五年的一股公司普通股。
Qualified Person, QA/QC Statements:
合格人員、QA/QC聲明：
Michael Rosko, MS, PG, of Montgomery and Associates (M&A) of Santiago, Chile, is a registered geologist (CPG) in Arizona, California and Texas, a registered member of the Society for Mining, Metallurgy and Exploration (SME No. 4064687), and a qualified person as defined by National Instrument 43-101. Mr. Rosko has extensive experience in salar environments and has been a qualified person on many lithium brine projects. Mr. Rosko and M&A are completely independent of Lithium Chile. Mr. Rosko has reviewed and approved the scientific and technical content of this news release.
Michael Rosko是智利聖地亞哥蒙哥馬利公司的碩士和研究生，是亞利桑那州、加利福尼亞州和得克薩斯州的註冊地質學家、採礦、冶金和勘探學會(中小企業編號4064687)的註冊會員，以及國家儀器43-101定義的合格人員。Rosko先生在Salar環境方面擁有豐富的經驗，在許多鋰鹽水項目上都是一名合格的人員。羅斯科先生和併購公司完全獨立於智利鋰公司。羅斯科先生已經審查並批准了本新聞稿的科學和技術內容。
About Lithium Chile
關於智利鋰公司
Lithium Chile is advancing a lithium property portfolio consisting of 81,300 hectares covering sections of 11 salars and 2 laguna complexes in Chile and 23,300 hectares in Argentina.
智利鋰公司正在推進一個包括81,300公頃的鋰資產組合，覆蓋智利的11個薩拉爾和2個拉古納綜合體的部分，以及阿根廷的23,300公頃。
Lithium Chile also owns 5 properties, totaling 21,329 hectares that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile's Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.
智利鋰公司還擁有5處房產，總面積21,329公頃，具有黃金、白銀和銅的前景。位於智利巨型斑巖金/銀/銅礦帶中心的智利鋰金礦/銀/銅礦的勘探工作仍在繼續。
Lithium Chile's common shares are listed on the TSX-V under the symbol "LITH" and on the OTC-BB under the symbol "LTMCF".
智利鋰公司的普通股在多倫多證券交易所-V上市，代碼為“LITH”，在場外交易-BB上市，代碼為“LTMCF”。
To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or Michelle DeCecco, Vice President of Corporate Development via email michelle@lithiumchile.ca or at 403-390-9095.
欲瞭解更多有關智利鋰公司的信息，請通過電子郵件聯繫史蒂文·科克倫、總裁和首席執行官：Steve@lithiumChile.ca或企業發展部副總裁，電子郵件：Michelle@lithiumChile.ca或電話：403-390-9095。
Forward Looking Statements
前瞻性陳述
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所創業板交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
NOT FOR RELEASE IN THE UNITED STATES
不會在美國上映
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). Generally, forward-looking statements can be identified by the use of forward-looking terminology such as "expected", "anticipated", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Such forward-looking statements are based on various assumptions and factors that may prove to be incorrect, including, but not limited to, factors and assumptions with respect to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the risk that the new lithium exploration tender processes does not yield the anticipated benefits to the Company; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects and the COVID-19 pandemic. LFG. You are cautioned that the foregoing list of material factors and assumptions is not exhaustive. Although the Company believes that the assumptions and factors on which such forward-looking statements are based upon are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct or that any of the events anticipated by such forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive there from. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
本新聞稿可能包含適用證券法規所指的某些前瞻性信息和前瞻性陳述(統稱為“前瞻性陳述”)。一般而言，前瞻性陳述可通過使用“預期”、“預期”、“旨在”、“計劃”或“打算”等前瞻性術語或此類詞語和短語的變體或某些行動、事件或結果“將”發生的陳述來識別。此類前瞻性表述基於各種可能被證明是不正確的假設和因素，包括但不限於以下因素和假設：公司運營的經濟和政治環境總體穩定；及時收到所需的監管批准；新的鋰勘探招標進程未為公司帶來預期效益的風險；公司在可接受的條件下獲得未來融資的能力；貨幣、匯率和利率；運營成本；公司在探索其前景和這種前景以及新冠肺炎疫情中取得的結果的成功。LFG。請注意，前面列出的重要因素和假設並不是詳盡的。儘管公司認為這些前瞻性陳述所依據的假設和因素是合理的，但不應過度依賴這些前瞻性陳述，因為公司不能保證它們將被證明是正確的，或者這些前瞻性陳述所預期的任何事件將會發生或發生，或者如果它們中的任何一個發生了，公司將從中獲得什麼好處。本公司不承諾更新本新聞稿中的任何前瞻性陳述, 除適用的證券法另有規定外。本新聞稿中包含的所有前瞻性陳述均明確受本警告性聲明的限制。
Attachment
依附
- Full News Release
- 全文新聞發佈
CONTACT: Steve Cochrane Lithium Chile steve@lithiumchile.ca
聯繫人：Steve Cochrane Lithium智利Steve@lithiumChile.ca
譯文內容由第三人軟體翻譯。