LKE 2.56% 4.0¢ lake resources n.l.

Ann: Drilling confirms large scale Lithium Brine Basin Kachi, page-49

  1. 10,459 Posts.
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    Look at the cauchari announcement. Scroll down to the table of impurities - u have magnesium ratios that are at 2.5 ( kachi gas 1.3) and as importantly the SO4 at SE sector at 69 but dramatically reduced to 25.
    Grade around 450ml.
    Now we have hit 308 Li grade with deeper zones to come and a hell of a lot more exploration, Mg consistent at 1.3 (ver low) and company said in combination impurities very low but SO4 at 70. We have deeper zones to be confirmed for SO4 and mucher deeper for grades and the idea of increasing drilling should be followed through as we have the basin acreage to drill with numerous targets as outlined by the geo survey upto 600 m deep. Then Jujuy in 3 months and 4.5 million in. The bank - hence no cr overhang.
 
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