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Premier Lithium Brine Projects & Pegmatites at Argentina's Best Locations
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:

About Lake Resources NL

Lake Resources NL (ASX:LKE) is undertaking an aggressive exploration programme to explore and develop prime lithium projects in Argentina, owned 100%, among some of the largest players in the lithium sector. Lake holds one of the largest lithium tenement packages in Argentina (~170,000Ha) secured prior to a significant 'rush' by major companies with 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.

The three key brine projects, Olaroz/Cauchari, Paso and Kachi, have similar settings to major world class brine projects being developed in the highly prospective Jujuy and Catamarca Provinces. One project is located next to Orocobre's Olaroz lithium production and SQM/Lithium Americas Cauchari project. The Kachi project covers 50,000 Ha over a salt lake south of FMC's lithium operation and near Albemarle's Antofalla project.

Drilling at Kachi has shown conductive brines in thick porous sands with results anticipated over the coming months. Surface sampling has revealed positive lithium results which will be expanded through the drilling program and geophysics. Exploration and permitting over Kachi and the other projects will 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 SQM/Lithium Americas Olaroz/Cauchari project with an equity/debt investment over $300 million and Advantage Lithium's equity transaction in some of Orocobre's leases. LSC Lithium has also raised over $60 million on a large lease package in similar areas as Lake's properties. Nearby projects of Lithium X were subject to a takeover offer of C$265 million in December 2017.



Steve Promnitz
Managing Director
Lake Resources N.L.
T: +61-2-9188-7864

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

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