Patagonia Lithium Ltd Stock Market Press Releases and Company Profile

Brines sent to University of Melbourne Pilot Plant for Ekosolve(TM) Lithium Chloride Extraction Efficiency Test

Brines Sent for Lithium Chloride Extraction Efficiency Test
Brines Sent for Lithium Chloride Extraction Efficiency Test

Sydney, June 20, 2023 AEST (ABN Newswire) - Patagonia Lithium Ltd (googlechartASX:PL3) is pleased to announce that twenty litres of brine has been received at the Ekosolve(TM) test facility at the University of Melbourne to have the brines tested using Direct Lithium Extraction Technology.

Highlights

- 20 Litres of brine was extracted 18 metres away from hole 16 at Cilon where the brine was assayed at 1,122ppm Lithium* at 707024.4E 7409988.8N.

- Four assays of the brine collected were assayed at an arithmetic average of 308.57 ppm Li using a Turbospec E400 analyser for lithium and boron.

- The highest extraction rate achieved by Ekosolve(TM) has been approximately 96% Lithium using the Ekosolve(TM) technology for brines sampled at Pocitos 7, Pocitos Salar that averaged 97ppm (Pocitos 7 is not an asset of PL3).

- The brines have been received and tests will be conducted at the University of Melbourne Chemical Engineering department, Parkville in Melbourne.

* ASX release dated 2 June 2023, "Sampling at Formentera and Cilon Assays 1,122ppm Lithium".

The Ekosolve(TM) system uses approximately 2,400L of fresh water for every one tonne of 99.5% purity lithium chloride produced. See www.ekosolve.com.au **for more information.

The brines will undergo several tests with various concentrations of solvents to brines and lithium yields will be maximised as the data is assembled. A full report will be produced which will assist in the pre-engineering studies once a resource is identified from drilling.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/4X8T1E11


About Patagonia Lithium Ltd

Patagonia Lithium LtdPatagonia Lithium Ltd (ASX:PL3) owns 100% legal and/or beneficial interest in the share capital in Patagonia Lithium Argentina S.A. Patagonia Lithium Argentina S.A. is a private company registered in and governed by the laws of Argentina. Patagonia Lithium Argentina S.A. was incorporated on 13 June 2022 for the purpose of being the Company's local vehicle for its business operations in Argentina and holding title to the Projects and/or future acquired tenements located in Argentina.

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Contact

Phillip Thomas
Executive Chairman
Patagonia Lithium Ltd
M: +61 433 747 380
E: phil@patagonialithium.com.au



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