Lithium Chile Inc. announced it has added 21,700 hectares on its Salar de Llamara Project, increasing its total to 35,500 hectares. The Llamara Project is highly prospective with surface samples showing high Cesium and Uranium values and a prior government water well returning lithium values of more than 350mg/l. A motorized auger surface sampling program has been completed and assays are pending. The Company is currently completing a 74-kilometer TEM geophysical program over the new claims to define the highly conductive target on the Salar de Llamara.

Conditional on the TEM results, a three to five well exploration drill program is planned for Llamara during the second half of 2023. Lithium Chile increased its Salar de Llamara property total to 35,500 hectares, making it the Company's largest project in Chile. Following the TEM results, a three to five well exploration drill program is planned for Llamara in the second half of 2023.

The Company announces its plans for a three to five well exploration drill program on it Salar de Los Morros property. Prior TEM surveys identified numerous drill targets and accordingly, drilling permits will be filed with Sernageomin, the Chilean mining regulator. No Indigenous communities have claims over the Salar de Los Moros.

However, the Chilean Military holds training exercises in the area. Lithium Chile is currently in the process of negotiating access rights with the Chilean Military which will determine the actual start date for its 1,500-metre exploration program which is intended to commence during the second quarter of 2023. Detailed surface brine, sediment and rock sampling will begin this month on the Company's 2,500-hectare Aguas Calientes property in which prior government sampling returned lithium values of up to 380 mg/l from surface brine pools.

Existing permits on part of the claims for borax mining are expected to expedite the Company's permitting process.