The Assay TV catches up with Michelle DeCecco, vice president, and COO of Lithium Chile (TSXV: LITH | OTC: LTMCF), an exploration and lithium resource company with a property portfolio consisting of 111,978ha in Chile and 20,800ha in Argentina.
The company has recently completed two diamond drill holes at the Arizaro Project, Argentina. Both holes encountered brine rich formations in areas not previously drilled and the results provide significant resource upside on the project. Further, a prefeasibility study is expected to be completed here in April 2024.
At the Molle Verde Project, Chile, three diamond drill holes have encountered brine with two displaying good porosity. The drill rig is now moving to the last pad to drill the fourth hole. Sampling is underway and Lithium Chile will announce these results once they have been received.
Website: lithiumchile.ca
Primary ticker: TSXV:LITH, OTC:LTMCF
Stage of development: Exploration, Development
Commodity: Lithium
Projects to promote: Arizaro, Molle Verde
Project locations: Argentina, Chile
