O Oz Lithium Corporation announced initial results from the Laguna Santa Maria Project, located in the northwest territory of the Province of Salta, Argentina. The project is fully permitted and licensed for the production of sodium bicarbonate, commonly referred to as soda ash, and is comprised of 500 hectares. The project has excellent road access, being approximately 60 kilometers from the town of Tolar Grande.

A Vertical Electrical Sounding survey completed on the project has returned better than anticipated initial results. Across the project area a total of eight transects with 15 sounding points have been completed. Management anticipated that the Laguna Santa Maria Project could extend tens of meters in depth.

Preliminary results of the V.E.S. survey indicated the depth potential exceeds 280 meters with no sign of basement rock. It would appear from this preliminary result, that the Laguna Santa Maria project basin has a depth potential for a significant soda ash deposition. Further results from the exploration program are expected in the next week.

Eleven liquid samples and fifteen solid samples have been collected at site by the OZ Li exploration team. The samples have been collected under the supervision of William Feyerabend, CPG, a consulting geologist, and Qualified Person under NI 43-101. All samples are being tested by Alex Stewart Laboratories (ISO Certified) of Mendoza, Argentina, for chemical analysis and quality evaluation.

The initial interpretation is that the sodium carbonate samples are less than 10% sodium chloride, indicating that a sodium carbonate product may be very simple to produce. Final test results are expected later this month.