LKE 4.65% 4.1¢ lake resources n.l.

Based on NRG's announcement that drilling intersected brine...

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    Based on NRG's announcement that drilling intersected brine below 140m at Salar Escondida (excerpt below), and assuming similar strat at Kachi (there's no reason not to) as well as comparable drill rates, our first hole should be in the zone in the next 10-14 days.

    As of Saturday October 28, 2017, AGV Falcon Drilling SRL, completed 170 meters of drilling on the first drill hole of an anticipated initial round of six drill holes planned at the project. At 108 meters the hole intersected an aeolian sand horizon, and saline brine is present below a depth of 140 meters. Drill core extracted from a depth of 160 m exhibits very vuggy and porous sandstone with halite (common NaCl salt) efflorescence. The efflorescence is indicative of saline brine that has precipitated when exposed to air, indicating that the pores and cavities were filled with saline brine. Drilling is continuing, and packer sampling is commencing.
 
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