Liberty One Lithium Permitting Approval Propels Drilling Commencement at Pocitos West Salar, Argentina

VANCOUVER, BC--(Marketwired - Oct 17, 2017) - Liberty One Lithium Corp. ("Liberty" or the "Company") (TSX VENTURE: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T), is pleased to announce that it has received the requisite environmental and drilling permits for its Pocitos West property in Salta Province of Northern Argentina. As a result, the Company, with sufficient cash on hand to fully-fund its drilling program, intends to commence drilling before the end of October.

The Company is currently organizing local logistics and support, and has secured a drill rig that is known to have performed well in the past.

Company CEO, Brad Nichol notes, "We will start off with a sample hole in the southern segment of the property, drilling rotary only and packer sampling to identify brine and lithium. We will drill initially to 300 meters, stop to sample, and while awaiting expedited results, we will continue down to find basement or whatever might define a "bottom" to the brine section. We are looking for lithium content above 100 mg/L and if porosities range above 20%, as can be anticipated in a sandy aquifer, the size of the "storage space" within the horizon will be greatly expanded."

"While progressing north to the second site in the central portion of the mining licenses," continues Mr. Nichol. "We could simultaneously proceed to install a production-size well, and drill an adjacent rotary/core hole for aquifer characterization, including detailed lithology and core sampling for effective porosity measurement."

Initial testing and results will drive "on the fly" options to drill additional holes throughout the considerable area of the possible brine horizon that could extend throughout the entire 29 km length of Liberty's property. Additional holes may provide the Company with further chemical, flow rate, porosity, lithology and core information that would ultimately lead to a more robust and detailed resource-focused drilling program in the future. The approvals grant the Company the option to drill up to 11 holes in this first round.

Mr. Nichol concludes, "The team in Argentina has once again demonstrated their proficiency and expertise. Not only did they receive the necessary permits without any issues, they also successfully completed the analysis of the previously announced Vertical Electrical Soundings ("VES") survey enabling us to choose some excellent drilling targets. I cannot understate the importance of having an experienced team in the field." Nichol adds, "Almost all of the drilling equipment is prepared and ready to mobilize and, if all goes well, we expect to have the initial drilling concluded in time for Christmas. The VES survey suggested that we have a thick, extensive and contiguous brine horizon; the objective now is to drill to determine the quality and lithium content within that reservoir. Drilling these holes is a very exciting milestone for the Company."