Alpha Lithium Corporation has completed drilling two wells on one of its existing properties in Hombre Muerto. The first well was drilled to 550 meters and the second was drilled to 577 meters. Zelandez Services Argentina SRL (?Zelandez?) has performed highly-detailed and accurate Borehole Magnetic Resonance (BMR) measurements to determine porosity and specific yield in each wellbore.

Both wells encountered multiple brine bearing zones and, as they were both drilled as producing wellbores, are currently being flow-tested. Samples from each well were collected during initial pumping, serving as composite chemistry for the entire screened interval of the well and are more representative of the chemistry that would be expected from that well during production pumping. The average lithium concentration in well #2 is 836 mg/L, with an average Mg:Li ratio of 2.50.