Patagonia Lithium Limited (AU:PL3) has released an update.
Patagonia Lithium Ltd has reported exceptional findings from its second well at the Formentera Lithium Project in Northern Argentina, revealing high lithium concentrations and extremely porous aquifers, suggesting a vast resource. Executive Chairman Phillip Thomas highlighted unprecedented core porosity levels and consistent lithium values at depth, while senior hydrologist Jason Van der Akker lauded the remarkable porosity results. The company is preparing for further analysis with nuclear magnetic resonance logging after completing the drilling of all four wells.
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