Lake Resources NL: Lithium at a Higher Level

Brisbane - Lake Resources NL (ASX:LKE) is pleased to provide the Company's latest Investor Presentation titled "Size, Location, Unlocked Value - Lithium at a Higher Level".

Size, Location

- Large Tenement Package
o One of the Largest Lease holding in a listed company - 170,000 Ha

- Prime Location
o Amongst the Majors Production & Development projects next to Lake Projects

- Brine & Hard rock
o 3 brine projects well located
o 1 large pegmatite project

- Unlocked Deep Value
o Low relative market cap
o large projects
o Many catalysts to unlock value

- Large Corporate Deals Nearby
o Major corporate deals completed on adjoining projects up to US$286M
o Projects in desired locations

- Drilling / Newsflow
o Drilling about to start
o Recent permitting success
o Potential for Offtake partners

Kachi - New Discovery ...

- New Discovery Potential
o Large Basin about to be drilled
o Positive Lithium Surface Results
o Newly Recognised Area
o South of FMC's production

- Large Undrilled Lithium Brine
o Untested. Undrilled. Scale.
o Next to Albemarle's Antofalla
o Consolidated Leaseholding

- Drilling to Unlock Value
o Maiden Drill program
o Results usually much higher from drillholes
o Diamond drill & water wells for pump testing

- Offtake Partner Potential
o Initial Resource & Scoping Study likely to attract Offtake Partners

Large Belt of Pegmatites
- New 150km Long Belt Pegmatites + Lithium
o Newly recognised long belt
o Only one other company in area
o Adjacent drill results >2% LiO2
o Outcropping spodumene

- Target - Thick Swarms
o Initial exploration targeting where pegmatites merge to provide thick dyke swarms

- Large area 70,000Ha
o Option over area for 19M LKE shares to be decided soon
o Mining leases & exploration leases
o Easy access year round; low altitude

Unlocking Deep Value
Catalyst rich2H2017

- Drilling
Drilling Commencement
o Drilling on Kachi about to start
o Results to display upside in potential new discovery

- Approvals
Permitting Approvals to Access Olaroz-Cauchari
o Recent permitting success should lead to approvals for access

- Offtake
Offtake Partner Potential & Resource/Scoping Study
o Discussions can advance with potential Offtake Partners once drill results available - leading to resource & scoping study

To view the full presentation, please visit:
http://abnnewswire.net/lnk/2950Z32H

About Lake Resources NL:

Lake Resources NL (ASX:LKE) is undertaking an aggressive exploration programme to explore/develop prime lithium projects in Argentina, owned 100%, among some of the largest players in the lithium sector. Lake holds three key lithium brine projects located in the Lithium Triangle which produces half of the world’s lithium. Lake also holds one large package of lithium pegmatite properties which were an unappreciated source of lithium in Argentina until recently. Lake holds one of the largest lithium tenement packages in Argentina (~165,000Ha) secured prior to a significant ‘rush’ by major companies.

The three key brine projects held by Lake have similar settings to major world class brine projects being developed – Olaroz/Cauchari, Paso and Kachi in the highly prospective Jujuy and Catamarca Provinces. One project is located next to Orocobre’s Olaroz lithium production and Lithium Americas Cauchari project, with another south of FMC’s lithium operation. 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 the company’s growth as these areas are assessed for major discoveries.

Significant corporate transactions continue in adjacent leases with development of Lithium Americas Olaroz/Cauchari project with a 28% equity investment of C$106 million, from Gangfeng, an important Chinese producer, and BCP Innovation with a US$205 million debt facility. Advantage Lithium announced a transaction to earn 57% equity in some of Orocobre’s leases, including Cauchari, raising C$20 million in the market. LSC Lithium has also raised $40 million on a large lease package.



Contact:

Steve Promnitz Managing Director
Lake Resources NL
T: +61-2-9188-7864
E: steve@lakeresources.com.au IR (Henry)
T: +61-2-9188-7864 M: +61-431-271-538