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Lithium Energy Discovers Significant Initial Resource Estimate at Solaroz Lithium Brine Project Lithium Energy Limited

Lithium Energy Discovers Significant Initial Resource Estimate at Solaroz Lithium Brine Project

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Lithium Energy Limited (LEL) has made a noteworthy breakthrough at its Solaroz lithium brine project in Argentina. The company announced the achievement of a significant and strategic initial maiden inferred mineral resource estimate (MRE) of 3. 3 million tonnes (Mt) of lithium carbonate equivalent (LCE).

Within this substantial LCE resource, LEL reported a highly concentrated core of 1. 34Mt of LCE, displaying an average lithium concentration of 405 milligrams per litre (mg/l). The lithium cut-off grade for this core is set at 350 mg/l.

This initial resource estimate is a pivotal milestone for LEL, demonstrating the considerable potential of the Solaroz lithium brine project.

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The inferred mineral resource encompasses a substantial quantity of lithium carbonate equivalent, reinforcing the project's significance and strategic value within the lithium mining industry.

LEL aims to further explore and develop the Solaroz lithium brine project, capitalising on the impressive initial mineral resource estimate. As the project progresses, the company will continue to assess and evaluate its potential economic viability and technical feasibility.

The high-grade core within the inferred mineral resource serves as a promising indication of the project's potential for continued success and strong lithium production. LEL remains committed to advancing the Solaroz lithium brine project, leveraging its expertise and resources to harness the value of this valuable resource.

The recent achievement of the initial maiden inferred mineral resource estimate is a significant step forward for LEL and augurs well for the future development and growth of the Solaroz lithium brine project.

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