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LITHIUM CHILE PROVIDES OPERATIONAL UPDATE ON ITS ARGENTINIAN LITHIUM PROJECT.

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LITHIUM CHILE PROVIDES OPERATIONAL UPDATE ON ITS ARGENTINIAN LITHIUM PROJECT.

Executive Summary

Lithium Chile Inc. has provided an operational update on its Arizaro lithium project located in Salta Province, Argentina, announcing significant progress toward drilling the company's initial production test well. The Calgary-based company, which trades on the TSX Venture Exchange under the symbol LITH and on the OTC-BB as LTMCF, has outlined its work program and established a budget for the upcoming drilling activities.

The Arizaro property represents an important asset for Lithium Chile as the company advances its lithium exploration and development activities in Argentina's prolific lithium triangle. Argentina has emerged as a key jurisdiction for lithium development, with several major projects advancing toward production to meet growing global demand for battery-grade lithium compounds driven by the electric vehicle revolution.

The progression toward drilling activities marks a significant milestone for Lithium Chile as it moves from exploration planning into active field operations. Production test wells are critical for establishing the viability of lithium brine operations and determining the technical and economic feasibility of potential future development. The completion of this initial test well could provide valuable data on brine quality, flow rates, and lithium concentrations that will inform the company's go-forward strategy for the Arizaro project.
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