LITHIUM CHILE EXPANDS INTO ARGENTINA WITH 850MG/L+ LITHIUM PROPERTY WITH AGREEMENT TO EARN INTO THE 233SQKM SALAR De ARIZARO PROPERT

Lithium Chile Inc. has announced a strategic expansion into Argentina through a binding Letter of Intent with SMG S.R.L. of Jujuy, Argentina, to earn into the Salar De Arizaro lithium property. The 233 square kilometre property demonstrates significant potential with lithium concentrations exceeding 850mg/L, positioning the company to capitalize on high-grade lithium resources in the renowned South American lithium triangle.

The acquisition represents a significant geographic diversification for Lithium Chile, which has primarily focused on Chilean properties. Argentina's established mining framework and proximity to Chile's operations provide operational synergies and reduced political risk through geographic diversification. The property's substantial size at 233 square kilometres offers considerable exploration upside in a region known for world-class lithium deposits.

The lithium concentrations of over 850mg/L are particularly noteworthy, as they exceed the typical economic threshold for lithium brine operations and suggest the potential for a commercially viable operation. This grade compares favorably to other producing and developing lithium projects in the region, indicating strong economic potential for future development.

This expansion comes at an opportune time as global lithium demand continues to surge driven by electric vehicle adoption and energy storage requirements. By securing a foothold in Argentina's lithium sector, Lithium Chile positions itself to benefit from the country's favorable mining policies and established infrastructure while diversifying its asset base across the lithium-rich Andean region.