One World Lithium Appoints Montgomery and Associates as Operator
VANCOUVER, BC - TheNewswire - August 22, 2019 - One World Lithium Inc. (OTCQB:OWRDF) (CNSX:OWLI.CN) (the "Company" or "OWL") announces it has appointed Montgomery and Associates ("M-&-A") as Operator for its upcoming drill programs on its Salar del Diablo lithium brine project located in Baja California, Mexico.
Initially, M-&-A is planning to diamond drill four core holes to approximately 600 meters in depth to collect some 20 groundwater samples at specified depths per hole using a depth-specific packer system. On reviewing the sample laboratory results, M-&-A will then recommend a second phase of exploration.
Preparation has started at M-&-A's Santiago, Chile and Salta, Argentina offices. An initial site visit is also planned for September 09, 2019 with John Hiner, former Operator, to familiarize M-&-A with the property and finalize protocol documents for drilling, sampling, and testing. Doug Fulcher, OWL's CEO, and Kevin Milledge, a Director will also attend.
The initial holes will not require either occupancy permits, drilling permits, or an environmental study as they will be covered by existing permits. The drill program is slated to start either in late September or early October, 2019.
M-&-A is an international water resource consulting firm that specializes in management and mining hydrogeology services which includes characterization of aquifer conditions. It has been operating since 1984, with offices now located in Santiago Chile, Lima Peru, and Salta Argentina. M-&-A's head office is in Tucson, Arizona. M-&-A has previously been involved with mining projects in Mexico. M-&-A's client list includes most of the world's major domestic and international mining entities operating in the Americas.
Mike Rosko is the General Manager of M&A's Santiago office, and has extensive experience in salar environments. Mike will be heading up M&A's team. Mike has a Master of Science in geology, is a Certified Professional Geologist, and has been a QP (Qualified Person) as well as an operator, for many similar salar brine exploration projects, including Galaxy Lithium's Sal de Vida Project, Millennial Lithium's Pastos Grandes Project, and Lithium America Corporation's Cauchari-Olaroz Project.
About One World Lithium
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 project located in the State of California Baja, Mexico.
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.
On behalf of the Board of Directors of One World Lithium Inc.,
President and Chief Executive Officer
Forward-Looking Information: This press release may include forward looking information within the meaning of Canadian securities legislation. Forward looking information is based on certain key expectations and assumptions made by the management of the OWL, including the intention of OWL to proceed with the advancement of the Property. 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 differ materially from the company's expectations include: (I) inability of OWL to execute its business plan and raise the required financing (II) accuracy of mineral or resource exploration activity (III) continued access to mineral property and (IV) 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.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.