Lake Resources NL (ASX: LKE), a prominent clean lithium developer, has shared promising findings from its deep drilling activities at the Kachi lithium brine Project in Argentina's Catamarca Province. These results have unveiled a more extensive and profound presence of lithium-bearing brine than initially understood. Specifically, drilling at K23D40 has revealed the continuation of lithium-bearing brine at depths ranging from 400 to 610 meters below the ground surface.
The step-out drilling indicates that the lithium-bearing brines are more expansive than previously believed. Remarkably, these results showcase the presence of brines with lithium grades ranging from 209 to 254 mg/L throughout 322 meters, with the most promising grades occurring between 288 to 322 meters below the ground surface. Furthermore, the drilling has also identified higher permeability sands and gravels.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.