SALi Lithium Completes Phase I Exploration Program on its El Quemado Project, Salta Province Argentina
thenewswire.com
VANCOUVER, BC – TheNewswire - June 16th, 2025 – SALi Lithium Corp. (CSE: SALI) (the “Company” or “SALi”) is pleased to announce the successful completion of its Phase 1 exploration program at the El Quemado Project (the “Project”) located in Salta Province, Argentina. The program involved detailed mapping and sampling which included channel sampling and stream sediments geochemistry, with a primarily focus on the Tres Tetas zone (see Figure 1). Tres Tetas is one of several zones within the Project area known to host multiple pegmatites containing spodumene, a key lithium-bearing mineral.
Figure 1 – El Quemado Project Exploration Targets and Sampling Areas.
During the program, a systematic channel sampling initiative was conducted in the Tres Tetas zone (see Figure 2), alongside soil sampling in the la Elvirita zone. The mapping and channel sampling activities covered an area of approximately 12 km². The channel sampling produced a total of 54 samples, collected from seven pegmatites (see Figure 3), some of which measured over eight metres in thickness and extended along strike for more than 600-metres.
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Figure 2 - Tres Tetas Zone – Pegmatite Field
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Figure 3 – Channel Sampling of Pegmatites at Tres Tetas
Mapping of the pegmatites led to the identification of spodumene (lithium), columbite (niobium), and tantalite (tantalum)—all potentially commercially viable minerals. In addition to the work at Tres Tetas, four historical waste dumps associated with small-scale underground workings were surveyed. In the La Elvirita zone, 19 stream sediment samples were collected, effectively covering all the catchments in the target zone.
“Further to the Company’s news release dated May 15, 2025 announcing a non-brokered private placement of its securities (“Private Placement”), the Company will also make the Private Placement available to certain investors who have obtained advice about the suitability of the investment from an investment dealer pursuant to prospectus exemptions available in the local jurisdictions. The Private Placement is intended to raise gross proceeds of up to C$1,000,000 from the sale of up to 8 million units at a price per unit of C$0.125. The Private Placement is not subject to any minimum. The gross proceeds will be used to fund approximately C$ 200,000 for exploration on SALi’s Argentinian property with the balance raised available for general working capital purposes. The Company advises that there is no material fact or material change about the Company that has not been generally disclosed.”
The securities issued pursuant to the Private Placement have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
Qualified Person
The scientific and technical information in this press release has been reviewed and approved by Leandro Sastre, P. Geo., a Qualified Person for the technical information in this press release under NI 43-101-Standards of Disclosure for Mineral Properties.
About SALi Lithium Corp.
SALi Lithium Corp. is a mineral exploration company dedicated to the discovery and development of mineral resources. The Company holds a controlling interest in the El Quemado Project, comprising 46 mining concessions totaling 58,000 hectares in Salta Province, Argentina. Additionally, the Company has a 4,680-hectare gold property located in the prolific Windfall Gold Camp in Quebec and 30,222 hectares covering two greenstone belts in the James Bay Region, Quebec, Canada.
On behalf of the Board of Directors,
Dustin Nanos
CEO and Director
1-587-577-9878
Email: Dustin@SouthAmericanLithium.com
Twitter: @Lithium_SALI
Website: www.SouthAmericanLithium.com
Forward-Looking Information and Statements
This news release contains forward-looking information or statements (collectively referred to herein as “forward-looking statements”). Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements and are not guarantees of the future performance of the Company. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. Forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are outside the Company’s control and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; and risks associated with potential governmental and/or regulatory action with respect to the Company’s operations. Readers are cautioned not to place undue reliance on forward-looking statements for the reasons outlined above, as the expectations in the forward-looking statements may prove to be incorrect, and actual results may differ materially from those anticipated.
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