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Lake Resources firms up clean lithium credentials with 99.97% lithium carbonate produced

Lake Resources N.L. (ASX:LKE) (OTCMKTS:LLKKF) continues to enhance its clean lithium credentials with tests establishing that very high purity 99.97% battery-quality lithium carbonate with low impurities can be produced from Kachi project brines.

Hazen Research Inc produced the results using lithium chloride produced by Lake’s technology partner Lilac Solutions using its’ proprietary ion-exchange direct lithium extraction method (DLE) at pilot plant module scale.

Lithium chloride samples from Lilac’s pilot plant in California were further processed into lithium carbonate by Hazen in Colorado, USA.

“Excellent results”[hhmc]
As well as the high purity, the lithium carbonate has very low impurities and Lake expects that this product will be attractive for the lithium-ion battery market in which low impurities are a key factor in determining quality.

Lake’s managing director Steve Promnitz said: “These are excellent results. We are very pleased not only with the very high purity lithiu..

Lake Resources N.L. (ASX:LKE) (OTCMKTS:LLKKF) continues to enhance its clean lithium credentials with tests establishing that very high purity 99.97% battery-quality lithium carbonate with low impurities can be produced from Kachi project brines.

Hazen Research Inc produced the results using lithium chloride produced by Lake’s technology partner Lilac Solutions using its’ proprietary ion-exchange direct lithium extraction method (DLE) at pilot plant module scale.

Lithium chloride samples from Lilac’s pilot plant in California were further processed into lithium carbonate by Hazen in Colorado, USA.

“Excellent results”


As well as the high purity, the lithium carbonate has very low impurities and Lake expects that this product will be attractive for the lithium-ion battery market in which low impurities are a key factor in determining quality.

Lake’s managing director Steve Promnitz said: "These are excellent results. We are very pleased not only with the very high purity lithium carbonate grades, but also with the very low impurities.

"This is a function of the purity of the raw brine at our Kachi project, combined with the excellent work done by Lilac Solutions over the past two years, and by Hazen Research.”

Confident of replicating at full production


The company is also confident of replicating these results at full production.

Lake’s ambition is to sustainably produce the cleanest quality lithium carbonate at scale for use in the fast-growing battery market.

Investors have responded positively to the results with shares as much as 23% higher to 8.2 cents intra-day.

Lake well-placed


Promnitz added: “Lake has a clean process, based on standard chemical processing techniques, which is readily scalable. The environmental footprint is small.

"Based on the results reported today, we believe Lake is well placed to deliver among the highest quality, sustainable, clean lithium carbonate products to the EV and energy storage market.”

Test methods


Hazen conducted a series of tests aimed at optimising lithium carbonate quality while maintaining a simple flowsheet.

Conventional treatment methods, including evaporation, treatment with sodium hydroxide and soda ash, ion exchange, and precipitation, were used.

This process optimisation was a critical step prior to production of larger volumes of high purity lithium carbonate samples.

The Hazen tests establish that very high purity 99.97% lithium carbonate with low impurities can be produced from Kachi brines.

To ensure accuracy, a number of analytical techniques were employed to verify the lithium carbonate grade and the low impurities levels including inductively coupled plasma spectrometry and titration, both of which are accepted assaying techniques.

Low impurities


Samples produced show a 70% reduction in the overall level of impurities compared to Lake’s earlier lithium carbonate production and a 94% reduction in impurities compared with 99.5% lithium carbonate, which is widely accepted as ‘battery grade’ in the current market.

These results include very low metal and cation impuritieRead More – Source

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Australia

Argonaut Resources directors show faith in company by participating in oversubscribed SPP

Argonaut Resources NL (ASX:ARE) directors have demonstrated their faith in the company’s copper-zinc strategy by participating in the recently closed share purchase plan (SPP).

Independent non-executive chairman Patrick Elliot purchased more than 4.465 million shares at 0.55 cents per share in an indirect interest.

He now holds 5,876,159 shares in that interest with another 20,324,574 held in a separate indirect interest.

Independent non-executive chairman Malcolm Richmond acquired more than 5.454 million shares in a direct interest, increasing the number held in this interest to almost 15 million with another 1 million held in an indirect interest.

Overwhelming response to SPP[hhmc]
The company was overwhelmed by the response to its SPP which closed early and more than twice oversubscribed with the target subsequently increased to $2.5 million from $1.2 million.

Subscriptions in excess of $3 million were received and as a result, the SPP was closed with immediate effect.

Money ..

Argonaut Resources NL (ASX:ARE) directors have demonstrated their faith in the company’s copper-zinc strategy by participating in the recently closed share purchase plan (SPP).

Independent non-executive chairman Patrick Elliot purchased more than 4.465 million shares at 0.55 cents per share in an indirect interest.

He now holds 5,876,159 shares in that interest with another 20,324,574 held in a separate indirect interest.

Independent non-executive chairman Malcolm Richmond acquired more than 5.454 million shares in a direct interest, increasing the number held in this interest to almost 15 million with another 1 million held in an indirect interest.

Overwhelming response to SPP


The company was overwhelmed by the response to its SPP which closed early and more than twice oversubscribed with the target subsequently increased to $2.5 million from $1.2 million.

Subscriptions in excess of $3 million were received and as a result, the SPP was closed with immediate effect.

Money raised under this SPP and from the recently completed $2.7 million share placeRead More – Source

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Strickland Metals shares jump 39% ahead of drilling base metal target near DeGrussa

Strickland Metals Ltd (ASX:STK) shares surged 39% today ahead of its maiden drilling program at the Doolgunna Project, which will include a diamond drilling program that is likely to begin by the end of this month.

As a part of the program, a minimum of four diamond holes will be drilled to a depth of 500 metres to test a VMS target similar to the nearby DeGrussa deposit of Sandfire Resources (ASX:SFR).

Heritage survey[hhmc]
Exploration activity has recommenced on the Doolgunna Project following completion of heritage surveys to allow land access to areas where the company wishes to complete exploration drilling.

The target for drilling is a compelling base metal prospect that exhibits geological characteristics that are interpreted to be similar to Sandfire Resources’ DeGrussa deposit about 30 kilometres to the east of the project.

The prospect has a 3-kilometre-long electromagnetic conductor that lies below an outcropping copper-zinc gossan that has been mapped over a 1.2-kilomet..

Strickland Metals Ltd (ASX:STK) shares surged 39% today ahead of its maiden drilling program at the Doolgunna Project, which will include a diamond drilling program that is likely to begin by the end of this month.

As a part of the program, a minimum of four diamond holes will be drilled to a depth of 500 metres to test a VMS target similar to the nearby DeGrussa deposit of Sandfire Resources (ASX:SFR).

Heritage survey


Exploration activity has recommenced on the Doolgunna Project following completion of heritage surveys to allow land access to areas where the company wishes to complete exploration drilling.

The target for drilling is a compelling base metal prospect that exhibits geological characteristics that are interpreted to be similar to Sandfire Resources’ DeGrussa deposit about 30 kilometres to the east of the project.

The prospect has a 3-kilometre-long electromagnetic conductor that lies below an outcropping copper-zinc gossan that has been mapped over a 1.2-kilometre strike.

Diamond core drilling


The company plans to start the diamond core drilling by the end of this month.

A multi-purpose drill rig has been contracted to enable the minimum planned program wRead More – Source

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Pan Asia Metals has positive discussions on plans for Thai lithium project

Pan Asia Metals Ltd (ASX:PAM) has had positive discussions with authorities in Phang Nga Province, Thailand, including the provincial government, for its Reung Kiet Lithium Project.

PAM has submitted a presentation covering all aspects of the project including methods of ongoing exploration, conceptual mining and concentrate production, and the potential for downstream value-adding industries in Phang Nga and Thailand.

The presentation and subsequent discussions were aimed at assisting Phang Nga Provincial Government in their considerations for the proposed mining and industrial development areas.

Provincial Government discussions[hhmc]
Pan Asia was recently invited by the chief executive officer of the Phang Nga Provincial Administrative Organisation (PAO), a Phang Nga Provincial Government coordinating body, to represent PAM and the Reung Kiet Lithium Project.

The meeting was also attended by the head of Phang Nga Provincial Industry along with the representatives of the Phang Ng..

Pan Asia Metals Ltd (ASX:PAM) has had positive discussions with authorities in Phang Nga Province, Thailand, including the provincial government, for its Reung Kiet Lithium Project.

PAM has submitted a presentation covering all aspects of the project including methods of ongoing exploration, conceptual mining and concentrate production, and the potential for downstream value-adding industries in Phang Nga and Thailand.

The presentation and subsequent discussions were aimed at assisting Phang Nga Provincial Government in their considerations for the proposed mining and industrial development areas.

Provincial Government discussions


Pan Asia was recently invited by the chief executive officer of the Phang Nga Provincial Administrative Organisation (PAO), a Phang Nga Provincial Government coordinating body, to represent PAM and the Reung Kiet Lithium Project.

The meeting was also attended by the head of Phang Nga Provincial Industry along with the representatives of the Phang Nga Provincial Public Works and Town Planning Office.

Phang Nga Provincial Industry head has been appointed by the Phang Nga governor as chairman of the Phang Nga New Town Planning Committee.

During the meeting, the chairman of the committee conveyed its support for the Reung Kiet Lithium Project.

PAO wants to ensure that the requirements of the Reung Kiet project are incorporated into the town planning committee’s zoning plans to ensure that the project can progress once exploration and feasibility results prove positive.

“Can bring opportunities”


PAM managing director Paul Lock said: “We have been working hard in Phang Nga province and we are very happy with the positive reception that the Reung Kiet Lithium Project is receiving from the Phang Nga Provincial Government and surrounding communities.

“Reung Kiet is strategically located and based on peer feasibility work the project is positioned to potentially be one of the lowest-cost suppliers of lithium chemicals in the global peer group.

“This is a project that can bring substantial opportunities and value to Phang Nga and Thailand.”

Pan Asia is planning its second Reung Kiet drilling program with expectations that this will begin in the coming months following the conclusion of the current Khao Soon drilling program.

Potential cost curve leader


Reung Kiet is a hard rock project with lepidolite rich pegmatites chiefly composed of quartz, albite and lepidolite with minor cassiterite and tantalite as well as other accessory minerals including some rare earth.

Lepidolite does not require roasting and has a suite of by-products which are recoverable at the concentrator and processing stages of the flow sheet.

Peer feasibility work has Read More – Source

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