Ann: Higher Lithium Grades Wider Interval at Cauchari, page-2

HIGHER LITHIUM GRADES OVER WIDER INTERVAL OF 340M AT CAUCHARI Cauchari Lithium Brines Similar to World-Class Neighbour • Higher grades averaging* 505 mg/L including zones of 540 mg/L shown in new definitive results over wider interval of 340m (120m to 460m) at Lake’s Cauchari Lithium Brine Project, Argentina
• Results similar to neighbouring world-class project which has 580mg/L lithium average grade in Indicated resource (1) where major lithium producer recently paid US$397 million to acquire 50% of the project.
• Reaffirms Lake’s confidence in its 100% owned project as being a major discovery in the heart of the Lithium Triangle, home to half the world’s output at the lowest cost
. • Further results expected in coming weeks from recently extended zone below 460m with current depth 540m and expected to deepen to 600m. • Following this major discovery, Lake intends to fast-track of the drill rig to its Olaroz project aiming to repeat the dis

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