Extra Drill Rig Arrives at Kachi Lithium Brine Project and Jujuy Update
Brisbane, Mar 8, 2018 AEST (ABN Newswire) - Lithium exploration company Lake Resources N.L. (
ASX:LKE) ("Lake" or "LKE") additional larger rotary drill rig will commence operations in the coming days to accelerate the drilling of lithium brines within conductive sands at the Company's 100%-owned Kachi Lithium Brine Project in Catamarca.
- The additional larger rotary drill rig will commence operations in the coming days at Lake's 100%-owned Kachi Lithium Brine Project in Catamarca Province, Argentina.
- The extra drill rig has been contracted to accelerate the current drilling programme.
- High grade lithium brine results and flows have been announced immediately adjacent to Lake's leases at the Cauchari Lithium Brine Project in Jujuy.
Kachi Lithium Brine Project, Catamarca - Update on drilling
Lake's Managing Director, Steve Promnitz said: "We are very pleased to be accelerating our current drilling programme in Kachi with the arrival of the additional drill rig. We have also been pleased to hear about high grade lithium brine results and good flows of brines recently reported from leases immediately adjoining Lake's leases at the Cauchari Lithium Brine Project in Jujuy province. The results, announced by Advantage Lithium (CVE:AAL) together with its partner Orocobre, are drilling lithium bearing brines on their Cauchari Project, adjacent to SQM/Lithium Americas development project. It is Lake's intention to target the same aquifers".
To view figures, please visit:
http://abnnewswire.net/lnk/25MFW4H7
About Lake Resources NL
Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina among three other projects covering 220,000 ha.
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.
| ||
|
