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Lake Resources positive results continue at Kachi lithium brine project, Argentina

LAKE’S POSITIVE RESULTS CONTINUE AT KACHI LITHIUM BRINE PROJECT, ARGENTINA

· Positive lithium results returned in brine sampling at Kachi Lithium Brine Project
· Confirms move towards maiden drill programme to be started soon
· Target size continues to expand on 100% owned lithium brine project

Argentina focused lithium exploration company Lake Resources N.L. (ASX:LKE, “Lake” or “LKE”) is pleased to report more positive lithium brine sampling results at the ~52,000 hectare Kachi Lithium Brine Project in Catamarca province, Argentina.

Elevated lithium results of over 200 mg/L Lithium have been recorded from near-surface auger brine sampling. These results are very positive in the reconnaissance stage. Central parts of the salt lakes, where better results are usually expected, were not able to be sampled due to unseasonal rainfall in the past month (first recorded rainfall in 5 years in this desert environment).

Lake is moving towards a maiden drilling programme to be started soon and these positive results confirm the drill focus. The target size continues to expand which is encouraging as the Kachi Lithium Brine Project has been consolidated for the first time under a single owner, with Lake holding 100%.

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