Lithium Chile has ownership in the largest high-grade lithium reserves in the world comprising of 110,000 hectares in Chile and 20,800 hectares in Argentina. The Phase Two Exploration & Development Program is currently underway in Arizaro, Argentina to expand the resource of 3.32 million tonnes (LCE) as reported in the 43-101. An pre-tax NPV of US $1.8 B was reported in the PEA with a 29% IRR. An Exploration Program in Chile on 3 key properties, with historical drill results showing high grade lithium, will begin in the third quarter of 2023. The Company has a significant cash position with an experienced team, enabling the Company to move forward one of the largest land portfolios in the junior mining sector.
