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Lake Resources Announces High Grade Brines From Cauchari Drilling

LAKE ON-TRACK TO MAJOR DISCOVERY AT 100% OWNED PROJECT

  • High grade brines with excellent lithium values up to 538 mg/L returned from high flow brines at 261m depth at Lake’s Cauchari Lithium Brine Project, Argentina.
  •  Results and flow rates over a series of horizons show continuity with lithium brine horizons announced from adjoining pre-production areas in the heart of the Lithium Triangle.
  • Results provide further confirmation of continuity of Lake drilling in the same basin with similar brines as adjoining world-class major projects. Better results are anticipated at depth.
  • Drill rig currently below 290m, targeting ~350-450m sand horizon that has recorded higher lithium values and fluid flows in the adjoining project – lithium values increasing with depth.

Lake Resources NL (ASX: LKE) announced today further high-grade lithium brine results from high flow brines following drilling at its 100% owned Cauchari Lithium Brine Project in Argentina. These ongoing brine results show continuity over a series of horizons with adjoining major projects (Figures 1-4), further increasing Lake’s confidence in Cauchari and Lake’s ability to replicate the success of nearby multi-billion dollar projects located in the heart of the Lithium Triangle.

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