ONE WORLD LITHIUM ANNOUNCES GEOCHEMICAL RESULTS FROM ITS SALAR del DIABLO LITHIUM PROPERTY, BAJA CALIFORNIA, MEXICO
Vancouver, BC, April 11, 2018 – One World Lithium Inc. (CSE-OWLI) (“OWL”) (the “Company”)
announces that fieldwork at Salar del Diablo Property (the “Property”) was recently completed with
the work being done from January, 2018 to the end of March, 2018. The programs included area wide
geochemical sampling and a time domain electromagnetic survey, which encompassed 79.5 line
kilometers. The geophysical program was completed on March 29, 2018 and those results will be
released on receipt. The Company intends to complete a gravity survey in the near future and plans
to drill test anomalous targets during May, 2018.
The Geochemical Program
A lithium-in-sediment anomaly has been defined that extends over 18 kilometers from north to south
and up to 7 kilometers from east to west or approximately 100 square kilometers located in the
northern third of the Property.
The geochemical program utilized a six inch power auger to retrieve sediment and salt samples from
18 to 24 inches depth across the Salar with a sample distribution of 500 meters throughout the
sampling area. Fifty-nine auger samples and four rock chip samples were taken in the northern part
of the claim block as noted in table two. In addition, 28 samples are included from the previous surface
sampling program as previously reported on March 10, 2017 and listed in table one. The samples were
analyzed at ALS Chemex labs, in North Vancouver, BC.
The rock chip samples were taken from residual warm spring tufa mounds found during the
exploration program. Tufa mound samples are anomalous in lithium 16.5 to 97.2 ppm (parts per
million). The tufa mounds are aligned in a NNE trend, and may indicate an intra- salar fault that was
recently active.
Statistical analysis indicates lithium values range from a low of 4.7 to a high of 196.5 ppm. The average
is 83.65 ppm and the median is 75.75 ppm lithium. The lithium is accompanied by anomalous
potassium which values range from a low of 0.07% to a high of 1.97%.
Bernard Kahlert, P. Eng., a Qualified Person, as defined by the National Instrument 43-101, has reviewed and approved the scientific and technical disclosure contained in this release.
Stock Options
The Company has granted incentive stock options to a consultant of the Company to purchase up to 300,000 common shares of the Company at a price of $0.20 per common share. The stock options are exercisable on or before April 10, 2020 and are fully vested.
About One World Lithium Inc.
One World Lithium Inc. is an exploration Company with its primary focus on exploring and developing lithium projects of merit. It has an option to acquire up to a 90% working interest in the 75,400 hectares (290 square miles or 754 square kilometers), which covers a salar located in Baja California, Mexico. The company intends to list on the OTC QX board.
For further information please visit www.oneworldlithium.com or email info@oneworldlithium.ca
On behalf of the Board of Directors of One World Lithium Inc.,
“Douglas Fulcher”
Douglas Fulcher, CEO and President
Forward-Looking Information: This press release may include forward looking information within the meaning of Canadian securities legislation concerning the business of the OWL. Forward looking information is based on certain key expectations and assumptions made by the management of the OWL, including the closing of the Transaction, the intention of OWL to proceed with the advancement of the Property and exercise of the option, and intentions regarding the proposed exploration program. Although OWL believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because OWL can give no assurance that they will prove to be correct. Forward looking statements contained in this press release are made as of the date of this press release. OWL disclaims any intent or obligation to update publically any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from the those anticipated in such statements, important factors that could cause actual results to direr materially from the company’s expectations include: (I) inability of OWL to execute its business plan and raise the financing required to close on the transaction and exercise the option; and (II) risks and market fluctuations common to the mining industry and lithium sector in particular. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, some of which are beyond the control of the OWL. The reader is cautioned not to place undue reliance on any forward-looking information contained in this press release.
