Lake Resources (ASX:LKE) Managing Director, Steve Promnitz presents the company's Kachi Lithium Brine Project in Argentina, drilling results and work plan following its recent capital raising.Lake Resources NL
(ASX:LKE) is a lithium exploration and development company focused on developing its 3 lithium brine projects and 1 hard rock lithium project in Argentina.
- Large Lease Holding in Lithium Triangle
- One of largest lease holdings covering circa 170,000 hectares
- Prime Location Alongside Lithium Majors
- Olaroz, Cauchari and Paso Projects located in Jujuy Province adjoin Orocobre, SQM and Lithium Americas
- Kachi Project in Catamarca Province located within close proximity to Albemarle and FMC
- Potential for Significant Near-Term Catalysts
- Compelling valuation compared to regional peers with a market cap of circa A$40m (Orocobre cA$1.4bn, Lithium Americas (c$700m)
- Scope to unlock considerable value through partnerships and corporate deals in near-term
- Major corporate deals completed on adjoining projects >$300M
- Kachi drilling underway with results expected shortly – April/May onwards
For more, watch Lake Resources Managing Director Steve Promnitz present.
