CONDUCTIVE BRINE INTERCEPTED AND SAMPLED AT CAUCHARI AS DRILLING ADVANCES
Lake Resources NL (ASX: LKE) announced today that conductive brines have been intercepted and sampled in the drillhole operated by the Foraco diamond rig at Lake’s 100% owned Cauchari Lithium Brine Project in Argentina (Figures 1, 5). Current drilling aims to unlock value from this rapidly emerging project, which is located adjacent to world-class brine projects either in production or under development in the Lithium Triangle.
Conductive brines intercepted and sampled at approximately 130-150m depth, with encouraging conductivities of 184 mS/cm and density readings of 1.170 g/cm3.
Diamond drill rig has conditioned, sampled and cased the hole to 150 metres prior to advancing further at Lake’s Cauchari Lithium Brine Project, Argentina. The target is a ~350-450m deep sand horizon.
Two rigs operating at Cauchari targeting various depths adjacent to world-class brine projects, amid rising global demand for lithium and constrained supply.
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