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Brisbane, Mar 29, 2017 AEST (ABN Newswire) - Lake Resources NL (ASX:LKE) is pleased to provide the Company's latest Investor Presentation at Hong Kong Conference.

Lithium - Scale, Optionality, Prime Location among the Majors

- Large Lithium Lease Area: ~170,000 Ha 100% - Controlled 100% in Argentina (if option exercised)

- Extensive Lithium Brine Areas: ~100,000 Ha - Three areas adjacent to projects in development

- Same Basin as Orocobre & Lithium Americas: ~19,000 Ha - Next to production and funded developer

- Option on Large New lithium Pegmatites: ~70,000 Ha - 150km belt of pegmatite swarms - Catamarca

- Early Mover in Argentina: Areas secured before major land-grab by majors

- Drilling soon on New Brine Project: Positive lithium results; Drilling in coming weeks

Lithium Triangle: LKE is Among the Majors

- 49% Global Lithium Production: Chile/Argentina lithium brine lakes

- Major Companies - Major Developments

o Albemarle, SQM, FMC, Gangfeng, Orocobre
o Majors arrived in 2016 after change in Argentine govt

- Lake Projects - Located among the Majors

- One of Largest Lithium Lease Holdings in Argentina

o ~100,000 Ha Lithium brine leases/applications
o ~70,000 Ha Lithium pegmatites

- Modest Market Capitalisation

- Large Corporate Transactions: on adjoining projects

Three Key Brine Projects & Large Pegmatite Project

Olaroz/Cauchari - July Province ~19,000 Ha

- Brines bordering Orocobre (in Production) & SQM/Lithium Americas (funded for development)

- Adjacent to production wells

Paso - Jujuy Province ~29,000 Ha

- Brines, West of Olaroz, similar geological setting

Kachi - Catamarca Province ~52,000 Ha

- Excellent geological setting,

- Encouraging results up to 322 ppm Li at surface

Focus for drilling by Lake Resources in coming weeks

Ancasti Pegmatites - Catamarca Province ~70,000 Ha

- Option over large 100km belt of pegmatite swarms

- Drilling results over 2% LiO2 in adjoining leases

To view the full presentation, please visit:
http://abnnewswire.net/lnk/9MZV388C


About Lake Resources NL

Lake Resources NL (ASX:LKE) is undertaking an aggressive exploration programme to explore/develop prime lithium projects in Argentina, owned 100%, among some of the largest players in the lithium sector. Lake holds three key lithium brine projects located in the Lithium Triangle which produces half of the world’s lithium. Lake also holds one large package of lithium pegmatite properties which were an unappreciated source of lithium in Argentina until recently. Lake holds one of the largest lithium tenement packages in Argentina (~165,000Ha) secured prior to a significant ‘rush’ by major companies.

The three key brine projects held by Lake have similar settings to major world class brine projects being developed – Olaroz/Cauchari, Paso and Kachi in the highly prospective Jujuy and Catamarca Provinces. One project is located next to Orocobre’s Olaroz lithium production and Lithium Americas Cauchari project, with another south of FMC’s lithium operation. Upcoming exploration in lithium brine basins, one which is adjacent to some of the leading lithium producers/developers, including Orocobre and SQM, may provide several catalysts for the company’s growth as these areas are assessed for major discoveries.

Significant corporate transactions continue in adjacent leases with development of Lithium Americas Olaroz/Cauchari project with a 28% equity investment of C$106 million, from Gangfeng, an important Chinese producer, and BCP Innovation with a US$205 million debt facility. Advantage Lithium announced a transaction to earn 57% equity in some of Orocobre’s leases, including Cauchari, raising C$20 million in the market. LSC Lithium has also raised $40 million on a large lease package.

 


Contact

Steve Promnitz
Managing Director
Lake Resources N.L.
T: +61-2-9188-7864
E: steve@lakeresources.com.au

Andrew Bursill
CFO/Company Secretary
T: +61-2-9188-7864



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