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Lake Resources announces Strong Cauchari results confirm Proof of Concept

  • Conductive brines with lithium values up to 480 mg/L obtained from upper sections of hole at approximately 186m depth at Lake’s Cauchari Lithium Brine Project, Argentina.
  • Results compare favourably to similar lithium brine horizons in publicly available results from adjoining pre-production areas under development. This clearly demonstrates that Lake is drilling in the same basin with similar brines and thus better results are anticipated at depth.
  • Diamond drill rig now below 255m having passed a challenging section of high-pressure fluids.
  • The target is a ~350-450m sand horizon which has recorded higher lithium values and fluid flows in the adjoining project.

Lake Resources NL (ASX: LKE) announced today positive drilling results at Lake’s 100% owned Cauchari Lithium Brine Project in Argentina that compare favourably with adjoining major projects, with initial lithium results from conductive brines sampled in the upper section of the drillhole at around 186m depth (Figures 1-4).

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