Lake Resources NL is pleased to announce the next milestone for the Kachi lithium brine project in Catamarca Province, Argentina, having today signed a Letter of Intent with YPF Luz, a leading Argentine sustainable electric power generation company. Under the LOI, Lake and YPF Luz will engage in exclusive non-binding discussions to evaluate and negotiate agreements relating to: - The construction of the high voltage line [...]
Lake Resources NL today announces the formal launch of Investor Hub, which is a dedicated platform for investors to learn more about the Company and our latest activities. Investor can access Investor Hub and sign up to receive ASX updates and news regularly. The Company encourages investors to post questions and feedback through the Q&A function accompanying each piece of content and the Company will endeavour to [...]
Lake Resources NL provide the Quarterly Activities Report. - 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 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 [...]
Lake Resources NL is pleased to announce the results of its Lake Share Purchase Plan , which was announced to the ASX on 12 March 2024. The SPP was open to eligible existing Lake shareholders with a registered address in Australia and New Zealand who were holders of Lake shares as at 7.00pm on 11 March 2024 to apply for up to A$30,000 of new fully paid ordinary shares in Lake without incurring brokerage or other [...]
Clean lithium developer Lake Resources NL is pleased to report the submission of the Production Environmental Impact Assessment for its flagship Kachi Project to the Catamarca Ministry of Mining in Catamarca Province, Argentina. Lake's innovative and sustainable Project development plan will result in a small water footprint, amongst the lowest for lithium brine projects per tonne. The Production EIA, which was submitted [...]
A Lake Resources NL investor video webinar will be held on 18 March 2024. The briefing will commence at 9:00 a.m. AEDT following the release of presentation material to the ASX. The webinar will feature David Dickson, CEO and Don Miller, CFO, who will discuss: - Business operational update - The capital raise, strengthening Lake's runway to complete a thorough strategic partner selection process to secure a strategic [...]
Lake Resources NL is pleased to announce that it has received firm commitments for an approximately A$15 million institutional placement through the issue of approximately 213.6 million new fully ordinary shares at an offer price of A$0.07 per New Share . Highlights - Strong support received from offshore and domestic institutional and sophisticated investors leading to introduction of new high-quality investors to Lake's [...]
During the period, Lake Resources NL made excellent operational progress on its flagship Kachi Project which culminated in the completion of the Kachi Project Phase One Definitive Feasibility Study and maiden Ore Reserve statement supporting a 25-year life of mine . With these operational milestones complete, the focus of the company has shifted to the strategic delivery of Kachi. In late November, Lake and Lilac [...]
Lake Resources NL announced today that, following the completion of the Kachi Phase One Definitive Feasibility Study , the company is rationalizing the size of its employee base and general and administrative expenses to extend its financial runway, and better position the Company to complete a robust strategic partner selection process. The Company previously announced an approximate 40% reduction in expenditures for the [...]
Lake Resources , the responsible lithium developer, announces that management will present at the Bell Potter Unearthed Natural Resources Conference, a virtual event which began on 12 February and will continue through 15 February, from 9:00 a.m. to 6 p.m. AEDT. Lake CEO, David Dickson will present to investors on 14 February at 9:50 a.m. AEDT. Dickson will discuss challenges and opportunities within the lithium sector as [...]
Clean lithium developer Lake Resources NL reports that drilling completed at the Kachi Lithium Brine Project in Catamarca Province, Argentina continues to intercept lithium bearing brine in sand units favourable to extraction over thick intervals in the southern portion of central resource area. The K25D44 drillhole was not completed in time to be incorporated into the Project's Definitive Feasibility Study for Phase One [...]
Lake Resources NL is a responsible developer of sustainable, high-purity lithium. Lake uses ion exchange extraction technology, from Lilac Solutions Inc in California , who has earned a 20% interest into the Kachi Project. No mining is involved in the brine processing. Lake continued to make significant progress at Kachi, culminating in the completion of the DFS. The DFS demonstrates that Kachi is a tier one project [...]