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Lake Resources NL (LLKKF)

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Last Post: 12/4/2020 8:00:07 PM - Followers: 6 - Board type: Free - Posts Today: 0

Lake Resources CEO: Direct Lithium Extraction is Proven and Scalable

Sep 10, 2020

Lake Resources Limited ASX Small & Mid Cap Conference

Sep 10, 2020
Investor Stream chats with: Lake Resources Managing Director Steve Promnitz (August 27, 2020)


Lake Resources (ASX:LKE) is an Australian public company focused on the development of five lithium projects in Argentina’s Lithium Triangle, a recognized 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.

At a time when lithium demand is forecast to dramatically outpace supply in response to growing electric vehicle and energy storage, our portfolio offers exposure to both brines and pegamatites and is located in close proximity to some of the world’s leading lithium companies, including SQM, Lithium Americas, Orocobre and Advantage Lithium.

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 in Catamarca Province, approximately 100km south of FMC’s Hombre Muertoproducing lithium brine operation.

Lake’s Olaroz Project shares a boundary with leases held by Orocobre, an ASX company operating the world’s first commercial, brine-based lithium operation constructed in 20 years.

Lake’s Cauchari Project was drilled for the first time in 2019. The project is adjacent to Ganfeng/Lithium America’s Cauchari project, which holds the world’s largest defined lithium brine resource (23 Mt LCE) and has an annual production target of 40,000 tonnes.

The company’s Catamarca 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.


Lake - Project Map
Our projects are side-by-side with the heavyweights in the Lithium Triangle which holds more than 50% of the world’s lithium resources.




Total Current Shares on Issue 523,557,483
Listed Options (10c) June 2021 expiry 51,512,693
Unlisted Options (5c) October 2019 expiry 5,052,083
Unlisted Options (8c) February 2022 expiry 5,555,000
Notes – Unsecured August 2020 expiry ($0.41m remaining from original $1.65m) 410,000
 15 September 2020 HAZEN WELL-ADVANCED PRODUCING BATTERY QUALITY LITHIUM CARBONATE • Independent assay laboratory, Hazen, expected to produce initial larger samples of battery-quality lithium carbonate within 15-18 days • Hazen is conducting a thorough analysis to optimize the process for a superior product and is in the bulk precipitation phase at present • Significant step towards independent verification of quality of Lake’s responsibly sourced, high-purity lithium, amid growing demand Clean lithium developer Lake Resources NL (ASX:LKE; OTC:LLKKF) announced today further progress towards the development of sustainable, high-purity lithium, following confirmation that Hazen Research Inc (Hazen), an independent assay laboratory, is well advanced in producing initial larger samples of battery quality lithium carbonate. Initial samples are anticipated within 15-18 days, with more samples to follow progressively as brines are delivered and processed, according to the Colorado-based company. Hazen is conducting a thorough analysis to optimize the process for a superior product. The outcome will be beneficial as treatment is commenced of the larger samples in the near future. Hazen is in the bulk precipitation phase, one of the final stages of producing initial larger lithium carbonate samples from the concentrated lithium chloride produced from Lilac’s lithium extraction pilot plant module in California, using brines from Lake’s Kachi Lithium Brine Project. Photos of some of the equipment used are attached (Figure 1). The first larger samples will be despatched to Novonix Battery Technology Solutions, a Nova Scotia-based independent testing and development laboratory used by recognised battery makers, to produce NMC622- based lithium-ion battery test cells using Lake’s battery quality lithium carbonate. Under the agreement with Novonix Limited (ASX:NVX), lithium carbonate samples provided by Lake will be used together with commercial battery cathode precursor materials to form an NMC622 cathode and battery (refer ASX announcement 27 August 2020). Novonix is currently developing ‘million mile’ battery technologies with revolutionary anode and cathode materials. Lake has attracted growing international interest in its efforts to advance direct extraction technology, including an invitation-only presentation to leading German industry officials, together with the recent presentation to the ASX Small and Mid-Cap Conference 2020.
CEO David Snydacker on Lilac Solutions' Lithium Extraction Technology
"This is just water treatment" - LKE's innovative direct extraction technology 03.2020
Novonix Limited (ASX:NVX), 
Novonix Ltd with Proactive at the ASX Small and Mid-Cap Conference 2020
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Bid Ask Day's Range
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#117  Sticky Note WOW!!! 99.97% DGTrader55 10/19/20 05:58:24 PM
#180   got my first one right now at home. tulla236a 12/04/20 08:00:07 PM
#179   "can't go honky tonking with covid." ImTC 12/04/20 07:14:40 PM
#178   lol, well have a good one. it's tulla236a 12/04/20 04:21:27 PM
#177   Slacking on my duties ;) it's the weekend DGTrader55 12/04/20 03:40:29 PM
#176   um...the ask is .095 this morning... tulla236a 12/04/20 08:55:45 AM
#175   https://scontent.fapa1-1.fna.fbcdn.net/v/t1.0-9/46845681_2169982943053333_8 DGTrader55 12/03/20 08:18:58 PM
#174   Now, that is funny. You had LLKKF trading ImTC 12/03/20 08:10:36 PM
#173   I was bored of seeing no movement to DGTrader55 12/03/20 07:40:50 PM
#172   I want to thank whoever hit the ask, ImTC 12/03/20 04:36:33 PM
#171   Can we close above .09 tonight? ImTC 12/02/20 07:43:49 PM
#170   https://i.ibb.co/Xz6QL3d/anb.jpg well this is exciting DGTrader55 12/01/20 07:42:41 PM
#169   Pullback was inevitable after going from .04s to DGTrader55 12/01/20 02:23:06 PM
#168   from a february bloomberg article on lilac. tulla236a 11/30/20 11:02:16 AM
#167   i love it when the pps and volume tulla236a 11/30/20 08:37:37 AM
#166   Worth opening a U.S.A. trading account ?....Or, why nowwhat2 11/29/20 11:09:27 PM
#165   Something is up! futrcash 11/29/20 08:16:48 PM
#164   26 mil traded and up 20%!!! Almost at DGTrader55 11/29/20 07:57:07 PM
#163   9.5 million shares traded first hours. ImTC 11/29/20 06:51:04 PM
#162   Another 10%+ open in the ASX! There's a DGTrader55 11/29/20 06:28:13 PM
#161   Well, lilac Owens the patten on the process Biggin 1 11/29/20 02:40:15 PM
#160   Steve has been hinting that there is more DGTrader55 11/27/20 11:15:07 AM
#159   What a strong ending last night up 17%. ImTC 11/27/20 09:14:20 AM
#158   12% rip on the ASX today after the DGTrader55 11/26/20 07:05:09 PM
#157   Lake Resources closer to revolutionising lithium chemical industry ImTC 11/26/20 04:48:06 PM
#156   Lake Resources closer to ‘revolutionising’ lithium chemical industry ImTC 11/26/20 04:45:39 PM
#155   26 November 2020 ImTC 11/26/20 04:43:00 PM
#154   Thanks I got on! 2021 is going to Biggin 1 11/25/20 07:30:11 PM
#153   Lake Resources at the Lithium Latin America 2020. ImTC 11/25/20 06:26:53 PM
#152   https://www.otcmarkets.com/stock/LLKKF/news/Lake-Resources-AGM-Presentation?id=2 DGTrader55 11/25/20 06:26:26 PM
#151   https://www.otcmarkets.com/stock/LLKKF/news/High-Purity-Lithium-Carbonate-into-N DGTrader55 11/25/20 06:26:15 PM
#150   Here is a link for time converter. ImTC 11/25/20 01:57:00 PM
#149   That’s 10 am Au time? Biggin 1 11/25/20 12:19:32 PM
#148   @lake_resources Nov 22 ImTC 11/24/20 07:29:38 PM
#147   23,201,403 shares traded last night. Should move on ImTC 11/24/20 06:55:54 AM
#146   Great action on the ASX today. Looks to DGTrader55 11/23/20 09:18:52 PM
#145   Volume has been good the last 4 trading ImTC 11/23/20 07:22:34 PM
#144   good volume since 11-9 and almost 300,000 already tulla236a 11/17/20 09:53:36 AM
#143   You can still register to view the Conference ImTC 11/16/20 07:15:00 PM
#142   Lake Resources (ASX:LKE) - 121 Mining Investment Americas ImTC 11/15/20 08:53:12 AM
#141   Lake Resources CEO: Key Partnerships to De-Risk and ImTC 11/12/20 11:13:59 PM
#140   Thanks...impressive presentation for today's investor conference- futrcash 11/12/20 12:55:04 AM
#139   11/11/2020 8:48:02 pm ImTC 11/12/20 12:04:50 AM
#138   "What's missed in all these analyses too is futrcash 11/09/20 11:36:30 PM
#137   Lake Resources at Noosa Conference Next Week ImTC 11/06/20 07:11:32 AM
#136   Welcome to Lake Resources' investor newsletter. ImTC 11/03/20 11:45:30 PM
#135   We will have to wait for the DFS DGTrader55 10/29/20 12:03:26 PM
#134   Yes I've seen the 29 to 32 cent crckrjck 10/29/20 09:23:48 AM
#133   i can't find it now but i saw tulla236a 10/29/20 08:47:54 AM
#132   Impossible to answer that... futrcash 10/29/20 12:38:37 AM
#131   Anyone have an idea of the projected PPS crckrjck 10/28/20 10:47:24 PM
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