Lake Resources NL: Premier Lithium Brine Projects & Pegmatites at Argentina's Best Locations

Brisbane - Lake Resources NL (ASX:LKE) is pleased to provide the Company's latest Investor Presentation at Hong Kong Conference.

Lithium - Scale, Optionality, Prime Location among the Majors

- Large Lithium Lease Area: ~170,000 Ha 100% - Controlled 100% in Argentina (if option exercised)

- Extensive Lithium Brine Areas: ~100,000 Ha - Three areas adjacent to projects in development

- Same Basin as Orocobre & Lithium Americas: ~19,000 Ha - Next to production and funded developer

- Option on Large New lithium Pegmatites: ~70,000 Ha - 150km belt of pegmatite swarms - Catamarca

- Early Mover in Argentina: Areas secured before major land-grab by majors

- Drilling soon on New Brine Project: Positive lithium results; Drilling in coming weeks

Lithium Triangle: LKE is Among the Majors

- 49% Global Lithium Production: Chile/Argentina lithium brine lakes

- Major Companies - Major Developments

o Albemarle, SQM, FMC, Gangfeng, Orocobre
o Majors arrived in 2016 after change in Argentine govt

- Lake Projects - Located among the Majors

- One of Largest Lithium Lease Holdings in Argentina

o ~100,000 Ha Lithium brine leases/applications
o ~70,000 Ha Lithium pegmatites

- Modest Market Capitalisation

- Large Corporate Transactions: on adjoining projects

Three Key Brine Projects & Large Pegmatite Project

Olaroz/Cauchari - July Province ~19,000 Ha

- Brines bordering Orocobre (in Production) & SQM/Lithium Americas (funded for development)

- Adjacent to production wells

Paso - Jujuy Province ~29,000 Ha

- Brines, West of Olaroz, similar geological setting

Kachi - Catamarca Province ~52,000 Ha

- Excellent geological setting,

- Encouraging results up to 322 ppm Li at surface

Focus for drilling by Lake Resources in coming weeks

Ancasti Pegmatites - Catamarca Province ~70,000 Ha

- Option over large 100km belt of pegmatite swarms

- Drilling results over 2% LiO2 in adjoining leases

To view the full presentation, please visit:
http://abnnewswire.net/lnk/9MZV388C

About Lake Resources NL:

Lake Resources NL (ASX:LKE) is a lithium exploration company undertaking an aggressive programme to explore prime lithium basins in Argentina, among some of the largest players in the lithium sector. Mining leases and applications are located in the Lithium Triangle which accounts for 49% of current lithium production. Lake recently completed the acquisition of an early mover in Argentina, who had secured an extensive strategic package of ~90,000 Ha, prior to a significant 'rush' to secure projects by major companies in the sector. This is one of the largest lithium tenement packages in Argentina, controlled 100% by Lake. The option agreement over lithium pegmatites in Catamarca, if exercised, would increase this to ~160,000 Ha.

Lake has three key areas that have similar settings to major world class projects being developed – Olaroz/Cauchari, Paso and Kachi in the highly prospective Jujuy and Catamarca Provinces. The Kachi Lithium Brine Project is located in Catamarca province, approximately 100km south of FMC's Hombre Muerto Lithium brine production operation. The Kachi Project overlies an area of almost 50,000 Ha of leases and lease applications, centred around a salt lake within a large basin almost 100km long with initial results up to 322 mg/L Li at surface and more results expected, followed by geophysics and drilling. Upcoming exploration in lithium brine basins, one which is adjacent to some of the leading lithium producers/developers, including Orocobre and SQM, may provide several catalysts for growth as the areas are assessed for major discoveries.

Significant corporate transactions continue in adjacent leases with development of Lithium Americas Olaroz/Cauchari project with a 36% equity investment of US$286 million, from Gangfeng, an important Chinese producer, and Bangchak Petroleum. Both Chinese investors will also provide US$205 million debt facility with offtake commitments, sufficient to develop Lithium Americas



Contact:

Steve Promnitz Managing Director
Lake Resources NL
T: +61-2-9188-7864
E: steve@lakeresources.com.au

Andrew Bursill CFO/Company Secretary
T: +61-2-9188-7864