Lithium One defines new zone of high grade lithium-potash brine at Sal de Vida
VANCOUVER, CANADA--(Marketwire - Aug. 31, 2011) - Lithium One Inc. (the "Company") (TSX VENTURE:LI), is pleased to report the delineation of a new zone (the "North Basin") containing thick halite sequences hosting high grade lithium and potassium brine at the Sal de Vida Project at Salar del Hombre Muerto, Argentina. The five core holes in this new discovery report grades averaging 852 mg/L lithium and 10,181 mg/L potassium within the first 55 metres from surface, with no cut-offs applied. The 50 km2 North Basin is adjacent to, but geologically separated from, the 170 km2 Central Basin where the Company has previously defined an inferred resource1 of 5.4 million tonnes Lithium Carbonate equivalent and 21 million tonnes potassium chloride equivalent (1,470M m3 at 695 mg/L Li and 7590 mg/L K).