LAKE RESOURCES NL - Results from the last drillhole associated with the 2023 drilling program at Kachi showed brines returning grades of 230 - 302 mg/L lithium over 407 metres (215 - 622 m) with an average of 257 mg/L :
o These findings confirm the presence of higher-grade lithium brine south of the central resource area to a depth of more than 600 metres.
o The results further support the positive hydrogeological modelling results that were the basis for the Kachi Ore Reserve4 and Phase One Definitive Feasibility Study ("DFS") submitted in
- Completed submission of the Production EIA to
o Marks an important milestone for Kachi and represents the culmination of extensive field work and community engagement completed over the past three years.
o The development plan for Kachi is designed to minimize the consumption of fresh water and maintains the hydrogeologic system as close to baseline conditions as possible.
o The Project will provide significant economic and social benefits to
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About
This ion exchange extraction technology delivers a solution for two rising demands - high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials with low carbon footprint and significant ESG benefits.
Contact:
M: +61-407-904-874
E: Nigel.Kassulke@teneo.com
Global:
SVP, Investor Relations
karen.greene@lakeresources.com.au
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