Lake Resources NL - 2017 AGM Presentation
Brisbane - Lake Resources NL (ASX:LKE) provides the Company's AGM Presentation.Size, Location
- Large Tenement Package
One of the Largest Lease holdings of lithium in a listed company ~ 170,000 Ha
- Prime Location
Amongst the Majors Production & Development next to Lake Projects
- Brine & Hard rock
3 brine projects well located; 1 large pegmatite project
- Unlocking Deep Value
o Low relative market cap
o Large projects
o Value in process of being unlocked
o Many catalysts to unlock value
- Large Corporate Deals Nearby
o Major corporate deals completed on adjoining projects >$300M
o Projects in desired locations
o Nearby companies $1Bn+ mkt cap
- Drilling / Newsflow
o Drilling underway at Kachi (Large stand alone brine project)
o Permitting progressing at Olaroz/Cauchari
o Potential for Offtake partners
To view the full presentation, please visit:
http://abnnewswire.net/lnk/8LHWHREW
About Lake Resources NL:
Lake Resources NL (ASX:LKE) is undertaking an aggressive exploration programme to explore and develop prime lithium projects in Argentina, owned 100%, among some of the largest players in the lithium sector. Lake holds one of the largest lithium tenement packages in Argentina (~170,000Ha) secured prior to a significant ‘rush’ by major companies with 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.
The three key brine projects, Olaroz/Cauchari, Paso and Kachi, have similar settings to major world class brine projects being developed in the highly prospective Jujuy and Catamarca Provinces. One project is located next to Orocobre’s Olaroz lithium production and SQM/Lithium Americas Cauchari project. The Kachi project covers 50,000 Ha over a salt lake south of FMC’s lithium operation and near Albemarle’s Antofalla project. Exploration and permitting will 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 SQM/Lithium Americas Olaroz/Cauchari project with an equity/debt investment over $300 million and Advantage Lithium’s equity transaction in some of Orocobre’s leases. LSC Lithium has also raised over $60 million on a large lease package in similar areas as Lake’s properties.
Contact:
Steve Promnitz Managing Director
Lake Resources NL
T: +61-2-9188-7864
E: steve@lakeresources.com.au