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

TSX Venture Exchange: LITH For Immediate Release
OTC-BB: LTMCF

CALGARY, ALBERTA, July 1, 2021 – Lithium Chile Inc. (“Lithium Chile” is pleased to announce continuing positive results based on its recently completed phase 3 surface exploration program in the Central Zone of its 100% owned Carmona gold/silver/copper property. The results from the extensive soil and outcrop sampling program continue to increase the number of new discoveries and expand the areas of mineralization on this highly prospective 84 sq km property.

HIGHLIGHTS
• Three 1-4 sq km sectors of high Au-Ag-Cu bearing veins and porphyry Cu-Au style disseminated mineralization discovered;
• Outcrop assay range: 0.6-29.5 g/t Au,2.2-235 g/ Ag and 0.4-3.8% Cu;
• Sector A containing the bulk of the newly discovered mineralization is 4 km by 1-1.5 km

Area Map

The Central Zone sits on a regionally extensive structure and associated intrusives of the type commonly associated with porphyry copper-gold and high-grade copper-silver-gold vein deposits. This metallogenic setting hosts the bulk of the porphyry copper and gold deposits in the Central Chilean porphyry belt. Numerous multi-element soil anomalies ranging up to 0.47 g/t gold 1.9 g/t silver and 0.236% copper support the potential of the Central zone.

Terry Walker, Vice President Exploration of Lithium Chile commented: “ongoing exploration at Carmona continues to yield new discoveries with exceptional assays and boosts our confidence in its potential to host major copper, gold and silver deposits”
The company plans to follow up the discoveries in the Central and South Zones with Induced Polarization (IP) chargeability/resistivity surveys with a view to near term reconnaissance drilling.

FURTHER UPDATES
The Company continues to advance its Argentinian production well and pump test program on its Salar de Arizaro Property. The final definitive agreement has been received and is currently being reviewed by the parties’ Argentinian lawyers. The Company plans further update upon final signing. In the meantime, arrangements have been made on accommodations for our drilling crew as well as fuel and water has been organized for the drill rig.
On the Laguna Blanca property a metallurgical study has been organized to further understand the nature of the cesium mineralization on the property. The first part of this study will be done in conjunction with the University of La Serena.

SAMPLE METHODOLOGY
During the exploration program all samples were collected by experienced Lithium Chile staff. Each soil sample was sieved in the field to obtain 1kg of -18 mesh fines and was bagged and sealed on site. Each rock sample consisted of 1 -1.5 kg of representative chips taken continuously from outcrop or across mineralized structures and was bagged and sealed on site. All samples were delivered by Lithium Chile’s staff to the ALS prep-lab in La Serena for processing. ALS subsequently shipped a 30g sub-sample pulp to their laboratory in Lima, Peru where they were analyzed for gold by fire assay pre-concentration, AA finish and 35 other elements including copper and silver, by the ICP technique following Agua Regia digestion.

Qualified Person Mr. Terence Walker, M.Sc., P.Geo., qualified person within the meaning of National Instrument 43-101, has reviewed the contents of this news release.

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 71,900 hectares covering sections of 10 salars and two laguna complexes in Chile and now, 23,300 hectares in Argentina.

Lithium Chile also owns 5 properties, totaling 22429 hectares, that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile’s Carmona gold/silver/copper property which lies in the Central Paleocene porphyry copper-gold belt adjacent to the Chilean mega porphyry copper/gold/molybdenum belt.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-BB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or alternately, Terry Walker VP Exploration email twalker@goldenrock.cl

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

LITHIUM CHILE PROVIDES OPERATIONAL UPDATE ON ITS ARGENTINIAN LITHIUM PROJECT.

TSX Venture Exchange: LITH For Immediate Release
OTC-BB: LTMCF

CALGARY, ALBERTA, June 15, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that significant progress has been made towards the drilling of the Company’s initial production test well on its Arizaro property in Salta Province, Argentina.

HIGHLIGHTS
• Work program outlined and budget completed;
• Total cost below forecast;
• Drilling Contractor retained;
• Senior consulting geologist 30+ years lithium experienced retained;

The initial operational meeting was held within a week of signing the LOI and plans continue to unfold quickly. Once the definitive agreement is completed prior to July 12th, the Company hopes to begin drilling the production test well. Drilling should take approximately 8 weeks with a 30-day pumping test to follow. The test is designed to analyze and collect data from the target zone that will prove the potential commerciality of the aquifer identified in an earlier exploration program.

Steve Cochrane, President and CEO of Lithium Chile commented: “I am very pleased that our Argentinian team was established so quickly allowing us to initiate our production well drilling program. It is exciting that we now have two programs underway in two of the major countries forming the “Lithium Triangle.” We are confident that this will create substantial shareholder value going forward.”

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 71,900 hectares covering sections of 10 salars and two laguna complexes in Chile and now, 23,300 hectares in Argentina.

Lithium Chile also owns 5 properties, totaling 22429 hectares, that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile’s Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-BB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or alternately, Jose de Castro Alem Manager of Lithium Operations email jdecastroalem@gmail.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. In particular, this news release contains forward-looking statements relating to prior assay results, exploration activities, and expressions of interest and whether the Private Placement is fully subscribed.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

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

TSX Venture Exchange: LITH For Immediate Release
OTC-BB: LTMCF

CALGARY, ALBERTA, May 17, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it has added an Argentinian lithium salar property to its portfolio by entering into a binding Letter of Intent (“LOI”) with SMG S.R.L. of Jujuy, Argentina. The LOI enables Lithium Chile to earn up to an 80% interest in the 233 Sq Km Salar De Arizaro located in Salta Province, Argentina. The LOI gives Lithium Chile the opportunity to earn a large and dominant land position in the center of the largest undeveloped salar in Argentina.

HIGHLIGHTS
• 850 mg/l lithium grades already established from a three-hole drill program conducted in 2019;
• Arizaro exploration target covers 233 Sq. Km.;
• Surface area of Arizaro prospect larger than the Salar de Pastos Grande (Millennial Lithium) and the Salar de Pozuelos (Litica Project);
• Lithium Chile will be one of the only junior companies with active programs in two of the lithium triangle countries.

The 2019 three-hole exploration program identified a high-grade lithium zone in the aquifer. The size and potential of the Salar De Arizaro is well known. Major players Eramine (Eramet SA) and LITICA (formerly LSC Lithium) are neighbors in the salar.

Lithium Chile views the Arizaro project as transformational for the Company. Management believes that because such strong assay results have already been returned, the project will enable Lithium Chile to rapidly transition from an exploration stage company to a production stage company.

The LOI contemplates that Lithium Chile will earn a 60% interest in the Arizaro prospect over a term of three years in stages. The first stage involves the drilling and production testing of a well to be completed in the first six months at an estimated cost of up to US $800,000, and includes payments to the vendors totaling US $300,000. Lithium Chile will be able to analyze the results of the production test, including flow rates and lithium grades, and thereafter have a 180-day period to exercise its option to proceed to the second stage involving further property expenditures totaling US $6,000,000 over 2.5 years which will earn Lithium Chile a 60% interest in the entire project.

Lithium Chile will be entitled to acquire an additional 20% interest in the entire project by completing a bankable feasibility study after the second stage such that total earning will be 80 percent.

Jose de Castro Alem, a Lithium Chile Director and a resident of Salta, Argentina, will oversee the project on Lithium Chile’s behalf.

Mr. Castro Alem is a Chemical Engineer with over 25 years of experience in lithium brine projects, primarily in Argentina. Jose began his career with Livent in Argentina and was one of the early founders of Orocobre. With Orocobre he was involved from the early exploration phases through to the construction of both evaporation ponds and the lithium production facility. He was also instrumental in the early exploration efforts by NRG Metals Inc. which culminated in a discovery and preliminary resource estimate of over 500,000 tons of lithium.

Steve Cochrane, President and CEO of Lithium Chile commented, “We are extremely pleased to have entered into this agreement because it affords us the opportunity to potentially transition from a pure exploration company to that of a producing company. We believe that this opportunity has the realistic potential to be commercially viable for production and enhances our Chilean opportunities by advancing our plans by a number of years. This opportunity exposes our shareholders to an expanding, geographically diverse portfolio in two of the prominent countries that form the prolific “Lithium Triangle.”

Formal agreements are expected to be completed within 60 days and are subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange.

Qualified Person
Mr. Gabriel Paganini, Mining Eng., qualified person registered in AusIMM under Lic. 317013 within the meaning of JORC 2012, has reviewed the contents of this news release.

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 71,900 hectares covering sections of 10 salars and two laguna complexes in Chile and now, 23,300 hectares in Argentina.

Lithium Chile also owns 5 properties that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile’s Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-BB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or alternately, Jose de Castro Alem Manager of Lithium Operations email jdecastroalem@gmail.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. In particular, this news release contains forward-looking statements relating to prior assay results, exploration activities, and expressions of interest and whether the Private Placement is fully subscribed.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

SHAREHOLDERS UPDATE

‘Lithium Chile Shareholders Update

April 21, 2021

Investor Update – April 21_TW (002)

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 71,900 hectares covering sections of 10 salars and two laguna complexes in Chile.
Lithium Chile also owns 5 properties that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile’s Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-BB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or alternately, Terry Walker, VP Exploration at (011) 562 2455-6473 or via email: twalker@chilelithium.cl.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. In particular, this news release contains forward-looking statements relating to prior assay results, exploration activities, and expressions of interest and whether the Private Placement is fully subscribed.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

LITHIUM CHILE ANNOUNCES CLOSING OF ITS $4.2 MILLION FINANCING

Global News Report –

‘Lithium Chile Samples Up To 12.7 G/T Gold And Up To 147 G/T Silver On Carmona Gold/Silver Property

TSX Venture Exchange: LITH For Immediate Release
OTC-BB: LTMCF

CALGARY, ALBERTA, February 23, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it has closed its fully subscribed previously announced private placement of units of the Company (the “Units”) for gross proceeds of $3.5 million (the “Offering”) and that the 15% option (the “Over-Allotment Option”) was taken up for total gross proceeds to the Company of approximately $4,024,000. Each Unit is comprised of one (1) common share of the Company (a “Common Share”) and one (1) Common Share purchase warrant (“Warrant”). Each Warrant is exercisable at $0.60 per Common Share for a period of 24 months from the date of closing of the Offering. The Warrants issued pursuant to the Offering contain an acceleration clause such that the expiry date for the Warrants may be accelerated at the Company’s discretion upon the Common Shares trading at or above $0.75 per share for a period of 20 consecutive trading days. If the Company elects to trigger the acceleration clause, the Warrants must be exercised within thirty days from receipt of notice from the Company that the acceleration clause has been triggered.
Pursuant to the Offering, Lithium Chile paid cash commissions to qualified non-related parties of $251,779.50 and issued 892,649 broker warrants (the “Broker Warrants”). Each Broker Warrant entitles the holder to acquire one common share of the Company at a price of $0.28 per Broker Warrant for a period of 18 months from the date of issuance.
The use of the net proceeds will be as follows: Canadian $2,990,000 to drill up to nine holes, $116,000 for detailed sampling, and $394,000 for working capital and to pay the expenses of the Offering. [NTD: these total to $3.5 million and need to account for the total net proceeds of $3,772,400.38, please revise]
Completion of the Offering is subject to regulatory approval including, but not limited to, the approval of the TSX Venture Exchange. The securities issued are subject to a four month hold period from the date of the closing of the Offering.

Commenting on the closing, Steve Cochrane, President and CEO commented “I would like to add my personal wishes of gratitude to the Ocean Wall Ltd. and Leede Jones Gable Inc. teams. [NTD: need permission to name them in the news release] In particular I would like to recognize and thank the team from Ocean Wall Ltd. of London, England for their efforts in helping raise $1,800,000 from their clients in Great Britain, Europe and the Middle East. It is evident to us at Lithium Chile that the Laguna Blanca and Los Morros salars hold great promise and with this show of support, we are able to accelerate our exploration plans at those two salars. We remain confident that Lithium Chile is uniquely positioned within the Lithium triangle with exposure to a number of projects within our diverse portfolio”.

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 71,900 hectares covering sections of 10 salars and two laguna complexes in Chile.
Lithium Chile also owns 5 properties that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile’s Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-BB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or alternately, Terry Walker, VP Exploration at (011) 562 2455-6473 or via email: twalker@chilelithium.cl.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. In particular, this news release contains forward-looking statements relating to prior assay results, exploration activities, and expressions of interest and whether the Private Placement is fully subscribed.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

LITHIUM CHILE AND SUMMIT NANOTECH ANNOUNCE SIGNING OF DEFINITIVE AGREEMENT FOR THEIR JOINT PILOT PROJECT IN CHILE

Global News Report –

‘Lithium Chile Samples Up To 12.7 G/T Gold And Up To 147 G/T Silver On Carmona Gold/Silver Property

TSX Venture Exchange: LITH For Immediate Release
OTC-BB: LTMCF

CALGARY, ALBERTA, March 9, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce the completion of a definitive agreement with Summit Nanotech Corporation (“Summit Nanotech”) that will launch Summit Nanotech’s proprietary lithium extraction technology at one of Lithium Chile’s exploration wellsite’s. The original LOI was entered into in June of 2020 (see press release June 16th 2020) whereby Lithium Chile and Summit Nanotech would collaboratively demonstrate the viability of the novel process for sustainable extraction of lithium.
During the last six months, Summit Nanotech has been advancing its technology to the point where a pilot unit is now under construction with the intention to deploy it for field testing by Q4 2021.
Lithium Chile has identified two prospective properties for the pilot program and is currently in the process of confirming drill locations following which drilling permits will be applied for.
Steve Cochrane, President and CEO of Lithium Chile commented, ”we are extremely excited to have our definitive agreement in place with Summit Nanotech so we can jointly prove the merits of their new technology for the ecologically sustainable production of lithium. We have received tremendous support from the local indigenous communities for our combined efforts to reduce environmental impact by changing the way lithium is produced from brine deposits. We see Summit’s technology as the future of our industry.”
Amanda Hall, CEO & Founder of Summit Nanotech commented, “This is an exciting first step on the road to a commercial scale operation of our denaLi DLE technology. It has been an honor working with Lithium Chile’s team to progress this exciting endeavor in the heart of the lithium triangle, which includes the support of both the Chilean federal government and local Indigenous communities in Chile.”

Qualified Person
Mr. Terence Walker, M.Sc., P.Geo., qualified person within the meaning of National Instrument 43-101, has reviewed and approved the contents of this news release.

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 71,900 hectares covering sections of 10 salars and two laguna complexes in Chile.
Lithium Chile also owns 5 properties that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile’s Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.
Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-BB under the symbol “LTMCF”.
To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or alternately, Terry Walker, VP Exploration at (011) 562 2455-6473 or via email: twalker@chilelithium.cl.

About Summit Nanotech
Summit Nanotech is a private cleantech company that has developed new processes for extracting lithium and other valuable metals from brine water using advanced nanomaterials. Summit’s approach to metal extraction is focused on environmental impact, reliability and consistency of supply and lowering operating costs.
To find out more about Summit Nanotech Corporation, please contact Amanda Hall, CEO & Founder via email: info@summitnanotech.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. In particular, this news release contains forward-looking statements relating to prior assay results, exploration activities, and expressions of interest and whether the Private Placement is fully subscribed.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

LITHIUM CHILE ANNOUNCES TEM GEOPHYSICAL PROGRAM ON ITS LOS MORROS PROPERTY AND AN UPDATE ON SUBSCRIPTIONS FOR ITS RECENTLY ANNOUNCED PRIVATE PLACEMENT

Global News Report –

‘Lithium Chile Samples Up To 12.7 G/T Gold And Up To 147 G/T Silver On Carmona Gold/Silver Property

TSX Venture Exchange: LITH For Immediate Release
OTC-BB: LTMCF

CALGARY, ALBERTA, February 3, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it has contracted Geoxploraciones SA Chile to run a 17 km transient electromagnetic (“TEM”) survey on its 100% owned Los Morros lithium bearing property. TEM has been shown to be a valuable tool in identifying highly conductive subterranean brine aquifers. Lithium Chile’s prior TEM surveys have proven highly accurate in defining the principal brine aquifers on both of the Company’s previously drilled Ollague and Turi properties

SALAR de LOS MORROS PROPERTY HIGHLIGHTS:
• 17 sq km covering 30% of the south sector of the salar;
• Brine samples taken by Lithium Chile from historic bore holes returned lithium grades up to 700mg/l;
• Historic drill hole logs describe the conductive zone as loose gravel and sands containing brine beginning at 50 to 75 meters below surface;
• Historic down hole geophysical surveys indicate 100+ meter thick conductive anomaly underlying the whole property.

The TEM survey is intended to identify locations for 3 additional exploration holes which the Company will seek permits for immediately after evaluation of the TEM survey. The absence of Indigenous surface claims on the Salar de Los Morros property is expected to expedite the permitting process.

PRIVATE PLACEMENT
The Company has received expressions of interest for the full amount of the recently announced (February 2, 2021) $3,500,000 private placement of Units (the “Private Placement”). The Company is pleased to have received such a positive reception to the proposed financing. Although Lithium Chile’s treasury has recently strengthened as a result of numerous warrant exercises, the proceeds from the proposed financing will substantially improve Lithium Chile’s financial flexibility going forward.

Qualified Person
Mr. Terence Walker, M.Sc., P.Geo., qualified person within the meaning of National Instrument 43-101, has reviewed and approved the contents of this news release. Individual brine samples were collected from the old bore holes by Lithium Chile staff using a double valve bailer system, placed in sterile 250 ml vials that were sealed and tagged on site. All samples were shipped to ALS Patagonia Laboratories, Santiago, Chile, where they were prepared and subsequently shipped to ALS’s Vancouver, Canada laboratory where the brine analysis was performed.

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 71,900 hectares covering sections of 10 salars and two laguna complexes in Chile.
Lithium Chile also owns 5 properties that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile’s Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt.

Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-BB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or alternately, Terry Walker, VP Exploration at (011) 562 2455-6473 or via email: twalker@chilelithium.cl.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. In particular, this news release contains forward-looking statements relating to prior assay results, exploration activities, and expressions of interest and whether the Private Placement is fully subscribed.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

The big winners from Tesla stock surge: lithium miners and battery makers

CNN Business article re-post –

The incredible stock market surge for Tesla isn’t just making Elon Musk and Tesla investors rich. Traders betting on lithium miners and battery makers are also benefiting from Tesla’s success.

View the full article here…

Lithium Chile Expands Its Exploration Program on its Laguna Blanca Lithium-Cesium Property

Global News Report –

‘Lithium Chile Samples Up To 12.7 G/T Gold And Up To 147 G/T Silver On Carmona Gold/Silver Property

TSX Venture Exchange: LITH For Immediate Release
OTC-BB: LTMCF

CALGARY, ALBERTA, January 13, 2021 – Lithium Chile Inc. (“Lithium Chile” or the “Company”) is pleased to announce that it has a team on its Laguna Blanca lithium/cesium Property to do an advanced exploration program of both salt and liquid sampling to provide additional data on its earlier exploration program. The initial sampling program covered less than 10% of the 4600-hectare property and at that time the liquid samples were not assayed for cesium however the salt and silt samples returned high lithium and cesium assays from the surface sediments to a depth of I.2 meters.

Highlights:
• Lithium grades ranging from 1125 ppm to a high of 1450 ppm
• Cesium grades ranging from 112 ppm to two samples of 682ppm and 688 ppm
The extremely high grades of both lithium and cesium in the solid samples has made an advanced exploration program on the Laguna Blanca property a priority for Lithium Chile. The lithium grades in the salt sampling from the initial surface samples returned some of the highest lithium grades seen to date.

Cesium is a strategic mineral as designated by the U.S. Geological Survey in May 2018. Demand and prices for cesium have risen recently driven by its use in 5G mobile Networks. There are currently only three cesium mines in the world today all controlled by Chinese companies.

More importantly, the ability for Lithium Chile to get their exploitation team on the ground at Laguna Blanca reflects the easing of the Covid 19 restrictions that have been in place in Chile since early in 2020. Easing of these restrictions will allow Lithium Chile to advance its other lithium projects as well.

Steve Cochrane, President, and CEO of Lithium Chile commented: “it gives me great pleasure to be able to tell our shareholders we are once again working on our lithium prospects. The proximity of our lithium properties, in the heart of the lithium triangle, to Bolivia and Argentina resulted in a yearlong access restriction to our properties by the Chilean Government. The Government wanted to reduce the risk of cross-border contamination as much as possible resulting in road and border closures. The lifting of these access restrictions coupled with the recent rise in Chinese lithium carbonate prices from 40,000 RMB ($6,000US) to 60,000 RMB ($9,000 US) over the last 15 weeks gives us a lot of optimism for 2021.”

Qualified Person
Mr. Terence Walker, M.Sc., P.Geo., qualified person within the meaning of National Instrument 43-101, has reviewed the contents of this news release. During the course of the exploration program all samples were collected by experienced Lithium Chile staff. Each salt and sediment consisted of 1 -1.5 kg of unconsolidated material taken from 0.5 – 1.2m deep holes using a hand-held auger that were bagged and sealed on site. All samples were delivered by Lithium Chile’s staff to the ALS prep-lab in La Serena for processing. ALS subsequently shipped a 30g sub-sample to their laboratory in Lima, Peru where they were analyzed 51 elements, including lithium and cesium, by the ICP-MS technique following Agua Regia digestion. Over limit (>500ppm Cs) sample were re-run using the ICP-MS81 technique following lithium borate fusion.

About Lithium Chile
Lithium Chile is advancing a lithium property portfolio consisting of 71,900 hectares covering sections of 10 salars and two laguna complexes in Chile.
Lithium Chile now also owns 5 properties that are prospective for gold, silver and copper. The Carmona property lies in the heart of the Chilean Mega Porphyry copper, gold and silver belt.
Lithium Chile’s common shares are listed on the TSX-V under the symbol “LITH” and on the OTC-BB under the symbol “LTMCF”.

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via email: steve@lithiumchile.ca or alternately, Terry Walker, VP Exploration at (011) 562 2455-6473 or via email: twalker@goldenrock.cl.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

NOT FOR RELEASE IN THE UNITED STATES OF AMERICA

Forward Looking Statements
This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “believes”, “aims to”, “plans to” or “intends to” or variations of such words and phrases or statements that certain actions, events or results “will” occur. In particular, this news release contains forward-looking statements relating to assay results and plans for follow up exploration activities,.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

2020 – 2021: Here’s to our Future!

Global News Report –

Good day!

As 2020 is rapidly coming to a close I thought I would take this opportunity to provide all our shareholders with an operational update and to thank all of you for your support and patience over the past year. I know it’s been a trying year for everyone. I also wanted to extend my wishes to you all and your families for a safe healthy and happy Holidays.

Firstly I want to provide an update on some of the steps we have taken from a marketing standpoint. We have never really had a social media presence hence the lack of a Twitter account. We have hired a new manager for our website and another group who is also building out our social media platform so you should see some action there in the near future. We have already initiated a YouTube account and plan to provide more content there. In the meantime, our website is constantly being updated so that’s the best place to go for content and news releases.

Our focus is and has always been on our lithium prospects. We have excellent properties with high-value targets. The challenge for us this last year has been the restrictions brought about by the Covid 19 restrictions. As you know most of our projects are in the so-called Lithium Triangle of Chile, Argentina, and Bolivia. As such most of the properties are along the borders of these countries and in an effort to restrict the cross-border transmission of the virus, the Chilean government closed the borders and restricted travel in these areas. That made work on these properties impossible. I am pleased to say that in the last couple of weeks we have seen those restrictions lifted and we are optimistic we can begin to work on our projects again early in the new year. Fingers crossed that we don’t have another serious wave of infections in Chile.

In the meantime, in an effort to keep our geological team busy and create some value for our shareholders we decided to focus on one of our most prospective gold properties in Chile called Carmona.

Carmona is only a couple of hours away from our Chilean office and while travel permits were needed we could still have our teamwork the project. As you know gold has been one of the best-performing commodities this year so advancing that project made a lot of sense while our lithium projects were under lockdown. As you may have seen from our recent press we are getting excellent results from the work done to date. This provides Lithium Chile with a number of options. We could continue to advance the project while waiting for restrictions to be lifted on our lithium properties, and/or bring in a partner on a very favorable basis for our shareholders to earn into the property by taking the project through to commercialization. As you may have seen we optioned out two of our gold properties to Apollo Gold in return for $600,000 cash to LITH and $3,000,000 in exploration work on those two properties. I can tell you that our results to date on Carmona have generated considerable interest from outside parties although nothing has been agreed to date.

Lastly our partnership with Summit continues to move forward and we are very happy to be working with them. I have attached our recently negotiated LOI for our JV pilot project in Chile. We should have the definitive agreement signed early in the new year. They plan to have their pilot unit completed and shipped by July of 2021 so a planned test is scheduled for late summer next year. This gives us the time to get back on one or more of our lithium prospects to prepare for our pilot project. They continue to see great results in the lab and hope this is the breakthrough we all want to see for an efficient cost and environmentally effective method of producing lithium from brines.

Best wishes to you and yours.
Yours truly,