Lake Resources is focused on the development of five lithium projects in Argentina’s Lithium Triangle, a recognised province that produces around 50% of the world’s lithium resources at the lowest cost.
Lake has the largest lithium lease holding in Argentina. Our acreage totals close to 2,000 sq km and is 100% owned and operated by the company.
Our portfolio offers exposure to both brines and pegamatites and is located in close proximity to some of the world’s leading lithium producers/developers, including SQM, Lithium Americas, Orocobre and Advantage Lithium.
Lithium Brine Projects:
- Cauchari Project (10 sq km), Jujuy Province
- Olaroz Project (180 sq km), Jujuy Province
- Paso Project (290 sq km), Jujuy Province
- Kachi Project (690 sq km), Catamarca Province
Lithium Pegmatite Project:
- Catamarca Project (720 sq km), Catamarca Province.
In November 2018, Lake announced a maiden JORC resource at its Kachi Project of 4.4 million tonnes (Mt) of contained lithium carbonate equivalent (LCE), and an exploration target ranging between 8-17Mt of LCE.
This ranks Kachi as one of the world’s top 10 brine resources. The project is located approximately 100km south of FMC’s Hombre Muerto lithium brine operation.
Lake’s Cauchari project was drilled for the first time in 2019 and recovered high grade brines with excellent lithium values up to 538 mg/L.
The project is neighboured by Ganfeng/Lithium America’s Cauchari Project, which holds the world’s largest defined lithium brine resource (23Mt LCE) and has an annual production target of 40,000 tonnes.
The company’s pegmatite lithium project is still at an early exploration stage with field-based XRF analysis planned to identify potential targets for trenching and auger sampling.