Lake’s Paso Project is located in Argentina’s Jujuy Province, around 30km west of Orocbre’s lithium production facility.
Lake’s 100% owned Paso project covers 290 sq km and is adjacent to Orocbre’s Caucari-Olaroz leaseholding, which holds a defined resource of 6.4Mt lithium carbonate equivalent (LCE).
Other majors in close proximity include Advantage Lithium and 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.
Initial sampling indicated elevated results. Access is being sought for drilling to provide information and chemistry on potential lithium brine bearing aquifers.