For investors with bullish views on EVs, lithium prices, or who simply want to diversify their mining portfolios, Lithium Chile [TSX-V: LITH], bears closer examination. This Canadian junior mining company, owning 79,900 hectares in Chile and 23,300 hectares in Argentina, with promising, impressive drill results (1.42-million-ton of Lithium Carbonate Equivalent Resource from its first well in Argentina), already displays the junior miner’s significant potential.
At the recent Swiss Mining Institute conference, we met Michelle Dececco, the Vice President of Lithium Chile. She painted a great picture: owning some of the highest quality, lithium rich properties in the ‘Lithium Triangle’, holding CAD$41 million cash with no debt meaning enough capital to hire, invest in research, pay for joint ventures, and with a board of directors determined to dig deeper than everyone who has had the property before. It has found a 1.42-million-ton resource.
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