One World Lithium Inc.’s drilling, environmental and occupancy permits have been approved to drill two key locations at the south end of the Salar del Diablo property located in Baja California, Mexico. Proposed exploration targets DDH-3 and DDH-4 (diamond drill holes) are located 50 kilometers (31 miles) south of previous drill hole DDH-2 in the north portion of the property. Mike Rosko of Montgomery and Associates (“M&A”) is the Operator and has recommended these locations as “there is evidence of historic and currently active hydrothermal activity in the south and that hydrothermal activity can be a source of lithium such as in the Lithium Triangle in Chile and Argentina”.
Drilling DDH-3 will start as soon as the diamond drill rig is on site.
Mike Rosko is a Vice President of Montgomery and Associates with their offices in Argentina, Chile, and Peru reporting to him. He has been operator for many salar brine projects including Galaxy Lithium’s Sal de Vida deposit, Millennial Lithium’s Pastos Grandes deposit, and Lithium America’s Cauchari-Olaroz deposit. Mike has a Master’s of Science in Geology degree and is a Certified Professional Geologist.
Doug Fulcher, President and CEO of OWL notes “the lithium exploration and development sector remains robust with the current spot price of lithium carbonate (LCE) remaining at $8,700 per tonne. The second phase of exploration drilling in the southern part of the project area is compelling given the potential of the targets.
4 x 4 Skid Mounted Diamond Drill – Capable of Drilling in excess of 600 meters
This drill rig will be used to drill DDH-3 and DDH-4
Mike Rosko, SME Registered member and a Qualified Person as defined by the Canadian National Instrument 43-101, has reviewed and approved the scientific and technical disclosure contained in this news release.
About One World Lithium Inc.
One World Lithium Inc. is an exploration company focused on lithium in brine projects. It currently has earned a 60% property interest with an option to acquire a further 30% property interest for a total of a 90% property interest in the 103,430 hectare (399 square mile) Salar del Diablo lithium brine exploration project located in the State of Baja California, Mexico.
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