![]() ![]() On April 20, Chile's President Gabriel Boric announced his intention to nationalize the country's lithium industry, which is the world's second-largest producer of the essential metal used in electric vehicle batteries. The company is actively conducting exploration efforts on its Carmona gold/silver/copper property, strategically located in the Chilean mega porphyry gold/silver/copper belt. In addition to its lithium assets, Lithium Chile also owns five properties totaling 21,329 hectares that have potential for gold, silver, and copper exploration. The company is focused on unlocking significant value from the project and plans to release an updated 43-101 report incorporating the latest drilling data and a planned preliminary economic assessment (PEA) in early summer. The company also completed its third production well, ARGENTO-03, which established brine mineralization potential at depths of 350 to 470 meters.Īdditionally, Lithium Chile has acquired its own downhole pump and generator to enhance its operations in the Salar de Arizaro. ![]() The fourth and fifth diamond drill holes, ARDDH-04 and ARDDH-05, encountered favorable lithium-bearing brine strata, and sampling and drilling activities are ongoing. Last month, it was announced that Lithium Chile had finished drilling three more holes for its Salar de Arizaro development program. has not yet entered into any binding agreements or documents, the company is clearly getting noticed. It is important to note that while Lithium Chile Inc. This expression of interest follows heightened market activity in Lithium Chile's shares. In March, Lithium Chile announced it had attracted attention from an arm's-length third party expressing interest in the potential acquisition of certain South American assets. The company holds a total of 111,978 hectares in Chile and 20,800 hectares in Argentina, making it one of the largest landholders in the junior mining sector. Lithium Chile is a junior mining company focused on advancing its extensive lithium property portfolio in Chile and Argentina. One company that could potentially be the next acquisition that investors should pay close attention to is Lithium Chile Inc. May 2022: Chengxin Lithium Group invested over $34m into Lithium Chile Inc.Īugust 2022: China's Ganfeng Lithium offers $962m to buy Lithea Inc - Assets in Salta Provinceĭecember 2022: Lithium America acquires Arena Minerals for US$227 million. January 2022: Neo Lithium completes acquisition with Chinese state-owned firm, Zijin Mining -Group LTD $6.50/share November 2021: In a bidding war, Lithium America acquired Millennial Lithium for $4.70/shareĭecember 2021: Rio Tinto buys Argentina lithium mine for $825m from private equity buyers September 2021: Sibanya Stillwater buy half of Ioneer’s lithium project in US$490m deal This surge in interest has transformed the sector into a hotbed of acquisition activity.Īugust 2021: Bacanora Lithium agreed to cash offer of £284.8m from Ganfeng Lithium As a result, the lithium market has been heating up and attracting significant attention. Lithium's crucial role in battery technology, which is quickly gaining importance across numerous industries, has been a major factor in the sector's impressive growth in recent years. This is the ONLY ORIGINAL version from World Champion Bill Cheung.New York, NY -News Direct- CapitalGainsReport We wupply the special coin set in a box including online video instructions. A great new system is used to make this trick work. They need 9 coins to make one set of Silver Chinese Wild Coins. Nothing to add or take away, very well and professionally made. You then take all three coins, make a magical wave and they now change back to silver coins, our hands are further empty! Only 3 coins can be seen! You can take a straw or stick and push thru the holes to show that these are real holes! You take the first coin in your other hand, wave it and it visibly changes to a Chinese coin with a hole in it – yes, a real hole! You take the second coin, blow on it and that too changes into a Chinese coin with a hole! You take the third coin and that too changes so you now have 3 large Chinese coins in your hand. You show 3 silver coins (replica morgan dollar coins, size 3,7 cm) between the tips of your fingers, your hands are otherwise completely empty!
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