CALGARY, AB / ACCESSWIRE / June 11, 2020 / Lithium Chile Inc. (TSXV:LITH, Financial) ("Lithium Chile" or the "Company") is pleased to announce it has closed on the final $745,000 of its previously announced $1,500,000 private placement of units (the "Offering"). The Offering was fully subscribed and closing of this final tranche now provides the Company with the necessary funds to move forward on its business and exploration plans. The Company plans to initiate its exploration program on its Carmona gold/silver prospect by the end of the month. The initial program will consist of geological mapping and sampling of the largest of four, 2 - 4 km2 high sulphidation epithermal gold-silver bearing alteration zones with historic mine production grades from 0.5-1.5m wide veins of 50 - 76 g/t gold plus 780 - 1,153 g/t silver. This initial work program is scheduled till the end August as weather permits.
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