Lithium Chile Inc. provided an operational update on its Salar de Arizaro Project in Argentina, highlighting significant progress on the Company's northeastern claims including sampling results from hole ARDHH-08. ARGENTINA OPERATIONS - ARIZARO PROJECT: ARDDH-08 has been drilled to a depth of 606-metres with a brine-rich, sandy formation encountered at 200-metres. The bailer samples sent to Alex Stewart Laboratory, Jujuy, Argentina reported the following grades: 50-metres encountered grades of 180 mg/l Li, 200-metres encountered grades of 690 mg/l Li.

Results from hole ARDHH-08 represent important exploration progress for the northeastern portion of the TOLAR 6 property, where the Company does not have any mineral resource estimates contributing to the previously reported 3,342,000 tonne lithium carbonate equivalent resource associated with the project. Due to the variability in lithium grades encountered, additional depth-specific sampling of the brines have been recommended by the Qualified Person overseeing the project.