Patagonia Lithium Limited (AU:PL3) has released an update.
Patagonia Lithium Limited reports high-grade lithium findings from its Formentera Project in Northern Argentina, with the second well showing promising results of strong brine flow and high specific gravity, indicating a high percentage of dissolved lithium. Executive Chairman Phillip Thomas expresses satisfaction with the quality assurance and quality control measures, as minor differences in assay results are within acceptable error margins. The company is continuing to drill and assess the concentration of lithium brine at greater depths.
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