LITHIUM CHILE CONTINUES TO EXPAND ITS CARMONA GOLD/SILVER/COPPER PROSPECT WITH ASSAYS GRADING UP TO 29.5 G/T GOLD 235 G/T SILVER AND 3.8% COPPER

Lithium Chile Inc. has reported significant high-grade assay results from its ongoing exploration activities at the Carmona gold/silver/copper property, marking a successful continuation of the company's phase 3 surface exploration program in the Central Zone. The results demonstrate exceptional precious and base metal grades, with peak values reaching 29.5 grams per tonne gold, 235 grams per tonne silver, and 3.8% copper from soil and outcrop sampling activities.

These results represent a notable expansion of the Carmona prospect, which is wholly owned by Lithium Chile and located within a multi-commodity geological setting. The high-grade nature of these intercepts, particularly the gold and silver values, positions the property as a potentially significant asset within the company's portfolio. The copper grades also add base metal value to what appears to be a polymetallic system.

For the broader mining sector, these results highlight the continuing potential for high-grade precious metal discoveries in established mining jurisdictions. The multi-commodity nature of the Carmona property reflects current market trends toward diversified mineral portfolios that can capture value across different commodity cycles. The success of the phase 3 program suggests that systematic exploration approaches continue to yield positive results in this geological setting.

The timing of these results, released in early July 2021, comes during a period of strong precious metals markets and growing investor interest in polymetallic projects. For Lithium Chile, these results provide validation of the exploration strategy and may support future drilling programs or development activities at Carmona, potentially diversifying the company beyond its lithium-focused mandate suggested by its corporate name.