Premier Lithium Brine Projects & Pegmatites at Argentina's Best Locations
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) (OTCMKTS:LLKKF) is a clean lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina among three other projects covering 220,000 ha.
This ion exchange extraction technology delivers a solution for two rising demands - high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials with low carbon footprint and significant ESG benefits.
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