LKE towards TOP-5, page-22923

• I think obtaining permits is going to be a very lengthy and costly process.
Using Jujuy Province mining application process as a guide :


• The target of 100,000 tonnes per annum seems very far off!
Lake Resources are proposing 50,000 tonnes per annum at Kachi.


• $GLN, with grades 5 to 6 times higher
Lake :

Galan :


• will start with 20,000 tonnes per annum


• they are in a better area

Non-contiguous tenements (split up with other companies in between)

Galan Lithium are building Evaporation ponds -

20% of 880mg/l is 176mg/l.


Lake have contiguous tenements, are proposing to use DLE Ion Exchange :


• The low grades will undoubtedly have an impact on the mining footprint.
Lake Resources plan to reinject brine back into the acquifer, not have hundreds of acres of evaporation ponds.