LAKE’S ~45,000 HA LEASES IN JUJUY ARGENTINA LANDMARK AGREEMENT WITH PROVINCE CONFIRMS TENURE
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Landmark agreement signed with Jujuy Province in Argentina confirms tenure of Lake’s ~45,000 Hectares of leases in world class lithium production area
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Leases adjoin lithium brine production and development projects in Jujuy, Argentina.
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The Olaroz-Cauchari Lithium Brine Project and Paso Project are 100% owned by Lake.
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Agreement signed with Lake’s subsidiaries confirms tenure and the granting of Lake’s leases in the world’s prime lithium brine location.
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Activity has been stalled for two years pending approvals – now effectively resolved with this agreement.
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Leases were pegged prior to the recent rush for projects in the lithium sector in the same basin as Orocobre and SQM/Lithium Americas.
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A significant value catalyst for Lake Resources.
Argentinean focused lithium exploration company Lake Resources N.L. (ASX:LKE, “Lake” or “LKE”) is pleased to announce the signing of a landmark agreement with Jujuy Province, Argentina that confirms tenure of Lake’s ~45,000 hectares of mining leases which covers Lake’s Olaroz – Cauchari Lithium Brine Project and Paso Lithium Brine Project in Argentina.
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