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Lake Resources NL

ASX:LKE ISIN:AU000000LKE1

Lake Resources NL (ASX:LKE) is a lithium exploration and development company focused on developing its 3 lithium brine projects and 1 hard rock project in Argentina, all owned 100%. The leases are in a prime location among the lithium sector's largest players within the Lithium Triangle where half of the world's lithium is produced. Lake holds one of the largest lithium tenement packages in Argentina (~180,000Ha) secured in 2016 prior to a significant 'rush' by major companies. The large holdings provides the potential to provide security of supply demanded by battery makers and electric vehicle manufacturers.

The three key brine projects, Kachi, Olaroz/Cauchari, and Paso, are located adjacent to major world class brine projects either in production or being developed in the highly prospective Jujuy and Catamarca Provinces. The Olaroz-Cauchari project is located in the same basin as Orocobre's Olaroz lithium production and adjoins SQM/Lithium Americas Cauchari project, where high grade lithium (600 mg/L) with high flow rates have been drilled immediately across the lease boundary.

The Kachi project covers 50,000 Ha over a salt lake south of FMC's lithium operation and near Albemarle's Antofalla project. Drilling at Kachi has confirmed a large lithium brine bearing basin over 22km long and over 400m deep. Drilling over Kachi is aimed to produce a resource statement in 2018, anticipated in Oct 2018.

Drilling will commence in coming months at Olaroz-Cauchari now that tenure has been confirmed in a landmark agreement in March 2018. This will provide several catalysts for the company's growth. Scope exists to unlock considerable value through partnerships and corporate deals in the near-term.

Significant corporate transactions continue in adjacent leases with development of SQM/Lithium Americas Olaroz/Cauchari project with an equity/debt investment over $300 million and Advantage Lithium's equity transaction in some of Orocobre's leases. LSC Lithium has also raised over $60 million on a large lease package in similar areas as Lake's properties. Nearby projects of Lithium X were recently acquired via a takeover offer of C$265 million completed March 2018. The northern half of Galaxy's Sal de Vida resource was purchased for US$280 million by POSCO in June 2018.

The demand for lithium continues to be strong for lithium ion batteries in electric vehicles, according to recent data from the leading independent battery minerals consultant - Benchmark Mineral Intelligence. Supply continues to be constrained suggesting good opportunities for upstream lithium companies for many years.

   

News

Lake Resources NL (ASX:LKE) Boardroom Media Interview

🕔8/16/2018 9:35:29 AM 954

Argentine-focused lithium exploration and project development company Lake Resources NL (ASX:LKE) advises that Managing Director, Mr Steve Promnitz, has spoken with Boardroom Media today to discuss the Company's exploration and development plans for its 100%-owned Cauchari Lithium Brine Project in Jujuy Province, Argentina.

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Lake Resources NL (ASX:LKE) to Drill Cauchari Project - Updated - Adjoins Resource of World Class Lithium Brine Project

🕔8/15/2018 10:24:32 AM 1032

Argentine-focused lithium exploration / development company Lake Resources NL (ASX:LKE) is pleased to announce that it will shortly commence drilling at its 100%-owned Cauchari Lithium Brine Project.

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Lake Resources NL (ASX:LKE) to Drill Cauchari Project Which Adjoins Proven 14.8 Mt LCE World Class Lithium Brine Project

🕔8/14/2018 9:47:56 AM 980

Argentine-focused lithium exploration and project development company Lake Resources NL (ASX:LKE) is pleased to announce that it will shortly commence drilling at its 100%-owned Cauchari Lithium Brine Project which adjoins SQM/Lithium Americas and Orocobre/Advantage Lithium's world-class combined 14.8 Mt LCE lithium brine projects.

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Lake Resources NL (ASX:LKE) Kachi Drilling Advances with Consistent Results

🕔8/9/2018 12:48:51 PM 1071

Argentine-focused lithium exploration and project development company Lake Resources NL (ASX:LKE) has extended drilling activities with results reinforcing the large scale and quality of its 100%- owned Kachi Lithium Brine Project in Catamarca Province.

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Lake Resources NL (ASX:LKE) Quarterly Report

🕔8/1/2018 10:04:00 AM 899

Lake Resources NL (ASX:LKE) is an exploration and development company with one of the largest lithium lease holdings in Argentina of 180,000 hectares, including areas under option with four prime lithium projects: 3 brine projects and 1 hard rock project. Each project is capable of being a 'company maker'.

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Lake Resources NL (ASX:LKE) Secures $1.9m Option Underwriting Agreement

🕔7/27/2018 10:46:14 AM 1028

Argentine-focused lithium exploration and project development company Lake Resources N.L. (ASX:LKE) advises that Lake has entered into an Options Underwriting Agreement with a group of current shareholders as Joint Underwriters who meet the requirements to perform this service.

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Lake Resources NL (ASX:LKE) EGM Presentation

🕔6/15/2018 11:40:02 AM 1870

Lake Resources NL (ASX:LKE) provides the Company's EGM Presentation.

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Lake Resources NL (ASX:LKE) Short Form Prospectus

🕔6/15/2018 8:25:47 AM 2018

Lake Resources N.L. (ASX:LKE) has lodged the attached Short Form Prospectus with ASIC today whereby the Company intends to issue 16,666,667 Options to Placement Applicants who participated in the Placement by the Company in March 2018 and 16,650,000 Options to Noteholders who applied for Options under the Note Issue.

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Lake Resources NL (ASX:LKE) Kachi Drilling Reinforces Confidence in Scale of Discovery

🕔6/14/2018 8:28:05 AM 2029

Argentine-focused lithium exploration and project development company Lake Resources NL (ASX:LKE) is pleased to provide an update on drill results and ongoing exploration activities at its 100%-owned Kachi Lithium Brine Project in Catamarca Province.

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Lake Resources NL (ASX:LKE) Drilling Confirms Large Scale Lithium Brine Basin Kachi Lithium Project, Argentina

🕔5/22/2018 9:45:58 AM 2280

Argentine-focused lithium exploration and project development company Lake Resources NL (ASX:LKE) is pleased to report initial drill results and ongoing exploration activities at its 100%-owned Kachi Lithium Brine Project in Catamarca Province.

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Company Data

    Headquarters
  • Suite 2, Level 10
    70 Phillip Street
    Sydney, NSW 2000
    Australia
  • Telephone
  • +61-2-9188-7864 
  • Principal Sector
  • Materials 
  • Principal Industry
  • Materials 
  • Listed
  • 2001/08/29 
  • Homepage
  • www.lakeresources.com.au

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