LKE 0.00% 4.5¢ lake resources n.l.

Ann: $4.5 million raised in oversubscribed placement, page-65

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  1. 14 Posts.
    Hello Melej

    LKE  posted ASX 15th March

    Lithium exploration company Lake Resources N.L. (ASX:LKE, “Lake” or “LKE”) has advanced the first rotary drill hole to a depth of 240 metres with encouraging indications of conductive brines in two thick sandy aquifers at the Company’s 100%-owned Kachi Lithium Brine Project in Catamarca. This drill hole will continue to a suitable depth where a clay horizon is intersected up to 300 metres depth and then will be cased, logged with downhole geophysics, and sampled.

    So I would assume that the last 60m has been drilled and they would be in the process of casing and taking samples this week.  I am expecting results in the next two to four weeks after assay results from the LAB.

    We are all eager for the results.
 
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