LITHIUM ENERGY LIMITED

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LITHIUM ENERGY LIMITED (ASX: LEL)

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LEL: Hole 7 Commences & Hole 6 Intersects Lithium at Solaroz

LITHIUM ENERGY LIMITED

Drilling has begun at Hole 7 to test conductive brines in the Northern Block of concessions at Solaroz Lithium Project.
Hole 6 has intersected lithium-rich brines with concentrations of up to 448 mg/l.
Drillholes 4 and 5 have been completed, with results pending review and analysis.

2023-07-13 09:24:00

LEL: Significant & Strategic Initial Maiden Resource of 3.3Mt LCE

LITHIUM ENERGY LIMITED

Lithium Energy Limited announces a significant maiden JORC Inferred Mineral Resource Estimate (MRE) of 3.3 Million tonnes of Lithium Carbonate Equivalent (LCE) for the Solaroz Lithium Brine Project in Argentina.
Within the 3.3Mt LCE Resource, there is a high-grade core of 1.34Mt of LCE with an average concentration of 405 mg/l Lithium. Further explorative drillings and technical studies are planned for a more comprehensive assessment.
William Johnson, Executive Chairman of Lithium Energy Limited, suggests that Solaroz has the potential to be a world-class lithium project, given its substantial lithium resources, advantageous location in the 'Lithium Triangle', and positive initial indicators for potential economic future brine extraction.

2023-06-29 08:19:00

LEL: Capital Raising for Development of Lithium-Graphite Projects

LITHIUM ENERGY LIMITED

Lithium Energy Limited completed a $6.4 million capital raising through the issuance of 8 million shares at $0.80 per share.
Funds raised will be used to advance the development of the Solaroz Lithium Brine Project in Argentina and the Burke and Corella Graphite Projects in Queensland.
Major shareholder, Strike Resources Limited, sold 3 million Lithium Energy shares at the same price but remains the largest shareholder with 31,410,000 shares (30.49%, post Issue).

2023-06-23 09:52:00

LEL: Lanshen to Build & Fund a 3,000tpa Lithium Plant at Solaroz

LITHIUM ENERGY LIMITED

Binding agreement with Lanshen to construct a 3,000tpa battery grade lithium Plant at Solaroz, using their proprietary DLE technology.
Commissioning of the plant is targeted for the second half of CY 2024, pending local approvals and permits.
Plant to be built on the Mario Angel concession, a stand-alone area that will not impact the broader Solaroz concessions.

2023-06-20 08:25:00

LEL: Corella Resource Delivers Doubling of Graphite Inventory

LITHIUM ENERGY LIMITED

Maiden JORC Mineral Resource at Corella Graphite Project in Queensland results in a doubling of the Company's Graphite Inventory.
Corella's Inferred Mineral Resource is 13.5 Mt at 9.5% Total Graphitic Carbon (TGC) for 1.3Mt contained graphite (at a 5% TGC cut-off grade).
Lithium Energy’s Total Graphite Inventory in Queensland now stands at 2.6Mt of contained graphite across the Burke and Corella Graphite Deposits.

2023-06-16 08:23:00

LEL: Significant High Grade Graphite Discovery at Corella Project

LITHIUM ENERGY LIMITED

Maiden drilling program at the Corella Graphite Project confirms a significant graphite discovery.
Assays reveal multiple high-grade graphite intercepts with content over 15% TGC.
Discovery adds to the company's world-class Burke Graphite Deposit.

2023-06-02 08:16:00

LEL: Solaroz Hole 6 Intersects Conductive Brines in Upper Aquifer

LITHIUM ENERGY LIMITED

Drillhole 6 at the Solaroz Lithium Brine Project has intersected the Upper Aquifer with conductive brines found in sandstone units from 150m depth.
The current lithology in Hole 6 is similar to Hole 4, which encountered the Upper Aquifer between 120m and 278m depth and contains lithium-rich brines with concentrations of up to 508 mg/l.
Drilling is ongoing in Hole 6, targeting conductive brines in the Upper Aquifer and Deep Sand Unit to depths of approximately 580m below the surface, based on prior geophysical work.

2023-06-01 08:17:00

LEL: Excellent Met Results Pave Way for PFS Commencement

LITHIUM ENERGY LIMITED

BGRIMM test work confirms excellent metallurgical results, achieving >96% Total Graphitic Carbon (TGC) and >85% recovery rates.
Lithium Energy Limited to progress with a Pre-Feasibility Study (PFS) for producing battery anode material at the Burke Graphite Project.
Wave International and the Measured Group will conduct the PFS, focusing on developing a Purified Spherical Graphite (PSG) manufacturing facility in Queensland.

2023-05-24 14:14:00

LEL: Excellent Met Results Pave Way for PFS Commencement

LITHIUM ENERGY LIMITED

Metallurgical test work by BGRIMM confirmed excellent results, upgrading Burke Graphite to battery-grade material with >96% TGC concentrate grades and >85% recovery rates.
Lithium Energy Limited will now progress with a Pre-Feasibility Study (PFS) for producing battery anode material.
The PFS will be conducted by Wave International and the Measured Group to develop a vertically integrated Purified Spherical Graphite (PSG) manufacturing facility in Queensland, using Burke Graphite as feedstock.

2023-05-23 09:39:00

LEL: Hole 6 Commences at Solaroz with Third Drilling Rig

LITHIUM ENERGY LIMITED

Hole 6 drilling has commenced at the Solaroz Lithium Brine Project as part of a 10-hole, 5,000-meter drilling program.
Previous drill holes have encountered massive intersections of lithium-rich brines with concentrations of up to 555 mg/l.
Three drill rigs are now operating at Solaroz, advancing towards defining a maiden JORC Mineral Resource of lithium.

2023-05-19 08:19:00

LEL: Assays Confirm Lithium in Massive Intersections at Solaroz

LITHIUM ENERGY LIMITED

Assay results confirm significant lithium brine concentrations in Drillhole 4 and Drillhole 5 at Solaroz Lithium Brine Project in Argentina.
Drillhole 4 hosts a 473.5m intersection of lithium-rich brines with concentrations up to 508 mg/l, and Drillhole 5 has a 489m intersection with concentrations up to 495 mg/L.
Geophysical hole logging will be conducted to provide measurements such as porosity, specific yield, and conductivity.

2023-05-15 08:27:00

LEL: Extension of Massive Intersections of Brine at Solaroz

LITHIUM ENERGY LIMITED

Massive intersections of conductive brines have been extended at Solaroz Holes 4 and 5, with lithium brine concentrations in excess of 480 mg/L.
Holes 4 and 5 are currently at depths of ~787.5 m and ~650m respectively in the Deep Sand Unit, with potential for further extension.
A third drill rig has mobilized to the site, and drilling at Hole 6 is set to commence shortly.

2023-05-12 09:23:00

LEL: World Class Lithium Intersections Confirmed at Solaroz

LITHIUM ENERGY LIMITED

Initial assay results in Holes 4 and 5 at the Solaroz Lithium Brine Project show outstanding lithium brine concentrations of up to 508 mg/L across intersections of up to ~400m.
Holes 4 and 5 continue drilling to test the full depth of lithium mineralization, with significant intersections of lithium-rich conductive brines encountered in the upper aquifer and Deep Sand Unit.
The impressive intervals and grades of lithium mineralization support the world-class potential of the Solaroz Project.

2023-05-01 09:16:00

LEL: Holes 4 and 5 Intersects Conductive Brines at Solaroz

LITHIUM ENERGY LIMITED

Holes 4 and 5 of the 10-hole drilling program at the Solaroz Lithium Brine Project encountered significant intersections of conductive brines in both the upper and lower aquifers.
The increasing conductivity and density of brines at depth support the potential for widespread lithium occurrence across the project's concessions.
A third drill rig has been engaged to accelerate the drilling program and advance towards defining a maiden JORC mineral resource of lithium at Solaroz.

2023-04-19 08:20:00

LEL: Completion of Drilling Programme at Corella Graphite

LITHIUM ENERGY LIMITED

Maiden drilling programme completed at Corella Tenement, comprising 16 RC holes totalling ~1,600 metres.
Extensive surface rock chip sampling programme also completed.
Assay results are pending, followed by maiden mineral resource estimate.

2023-04-17 09:42:00

LEL: Significant Resource Upgrade at Burke Graphite Project

LITHIUM ENERGY LIMITED

Burke Graphite Resource tonnage increased by ~50% to 9.1Mt, and contained graphite tonnage increased by 30% to 1.3Mt.
Updated Mineral Resource estimate: 9.1Mt at 14.4% TGC, including 7.1Mt at 16.2% TGC.
Increased Total Mineral Resource allows the Company to consider enhanced scale of development options.

2023-04-05 12:40:00

LEL: Maiden Resource Drilling Underway at Corella Graphite

LITHIUM ENERGY LIMITED

Maiden drilling programme commences at Corella Tenement, aiming to delineate a maiden JORC Mineral Resource for Corella.
The programme consists of ~20 RC holes and ~2 diamond core holes, providing additional graphite material for metallurgical and anode test work.
Corella Tenement is part of Lithium Energy Limited's 100%-owned Burke Graphite Project in Queensland, Australia.

2023-03-28 09:53:00

LEL: Advancement of Drilling Programme at Solaroz

LITHIUM ENERGY LIMITED

Lithium Energy has commenced drilling at the fourth and fifth diamond drill holes at its Solaroz Lithium Brine Project in Argentina.
The aim of the 10 hole, 5,000 metre drilling programme is to establish a significant JORC Mineral Resource of lithium at Solaroz.
The drilling program is targeting conductive brines identified by geophysics to depths of up to 500 metres below the surface, with the earlier drills revealing significant lithium mineralisation.

2023-03-21 10:00:00

LEL: Commencement of Lithium Brine Scoping Study at Solaroz

LITHIUM ENERGY LIMITED

Lithium Energy has appointed Hatch to conduct a scoping study for producing battery-grade lithium carbonate from the Solaroz Lithium Brine Project in Argentina.
The study includes analysis and trade-off studies of a conventional brine evaporation pond process design and Direct Lithium Extraction (DLE) option to determine the optimal processing methodology for lithium brines at Solaroz.
The scoping study will be conducted in parallel with the definition of a maiden JORC Mineral Resource estimate for Solaroz currently being developed.

2023-03-20 08:12:00

LEL: Burke Graphite Metallurgical Testwork Commences in China

LITHIUM ENERGY LIMITED

BGRIMM is conducting a metallurgical testwork programme on graphite samples from the Burke Graphite Project in Queensland, Australia.
Bulk flake concentrate will be produced using BGRIMM's pilot plant for anode development testwork programme.
The ultimate goal is to assess the viability of establishing a PSG Anode manufacturing facility using Burke graphite as feedstock.

2023-03-16 09:58:00

LEL: Further Significant Lithium Discovery at Solaroz Project

LITHIUM ENERGY LIMITED

A new lithium discovery confirmed at Solaroz Lithium Brine Project in Argentina.
215 metres of cumulative intersections of lithium brine mineralisation encountered across upper and lower aquifers.
Positive total porosity and specific yield measurements suggest potential for economic future brine extraction.

2023-03-14 08:14:00

LEL: Positive Specific Yields and Averaged Lithium in SOZDD001

LITHIUM ENERGY LIMITED

Positive Specific Yields and significant lithium concentrations confirmed in both upper and lower aquifers at Solaroz Lithium Brine Project
Average lithium concentration of 446 mg/L in upper aquifer with 15% Specific Yield and 501 mg/L in lower aquifer with 11% Specific Yield
Total porosity and low Mg/Li ratio considered highly favourable for future brine extraction, drilling of additional holes ongoing

2023-03-10 10:51:00

LEL: Drilling Continues to Advance at Solaroz Lithium Project

LITHIUM ENERGY LIMITED

Lithium Energy has completed the second and third holes of its 10 hole, 5,000m drilling program at the Solaroz Lithium Brine Project in Argentina.
Drilling encountered significant intersections of highly conductive brines, and assays are pending.
Geophysical logging is underway to determine porosity and specific yield for geological modelling and resource estimation.

2023-02-27 11:01:00

LEL: Update - Infill Drilling Results at Burke Graphite Deposit

LITHIUM ENERGY LIMITED

Lithium Energy Limited has been informed of an error in the assay measurements from its recently completed infill drilling programme at the Burke Graphite Project.
The error affected 8 Reverse Circulation (RC) holes, out of the 20 for which results have been announced, resulting in some measurements incorrectly reporting marginally lower grades of Total Graphitic Carbon (TGC), whilst others reported marginally higher grades of %TGC.
The corrections are relatively minor and are not expected to have a material impact on the Company's overall results.

2023-02-22 08:17:00

LEL: Significant High Grade Graphite Intercepts Continue at Burke

LITHIUM ENERGY LIMITED

Assays from 7 further RC drill holes continue to show significant intercepts of high grade graphite content over 20% TGC.
Multiple new high-grade intercepts of graphite were recorded, including BGRC 034: 76m @ 20.6% TGC from surface.
Compilation of the geological database will commence shortly to support the upgrade of the current JORC Inferred Mineral Resource.

2023-02-16 09:55:00

LEL: Burke Continues to Deliver Exceptional Drilling Results

LITHIUM ENERGY LIMITED

Assays from 6 further RC drill holes continue to show significant intercepts of exceptionally high grade graphite content over 20% TGC and thick widths at the Burke Graphite Project.
Drilling results will be used to upgrade the current JORC Inferred Mineral Resource of 6.3Mt @ 16% TGC.
Assay results from 16 remaining RC holes and 7 diamond core holes are pending.

2023-02-09 11:53:00

LEL: Exceptional Drilling Results at Burke Graphite

LITHIUM ENERGY LIMITED

Drilling programme at Burke Tenement now completed with a total of 29 RC holes (totalling 2,589m) and 7 diamond core holes (totalling 715m).
Initial assays from 7 RC drill holes have confirmed the Burke Deposit as one of the highest-grade graphite deposits globally.
Assay results from the balance of RC holes and the diamond core holes are pending, and will be used to upgrade current JORC Inferred Mineral Resource.

2023-02-03 09:45:00

LEL: Drilling Continues to Encounter Conductive Brines at Solaroz

LITHIUM ENERGY LIMITED

Significant new intersections of highly conductive brines have been encountered at depth in both current diamond drill holes SOZDD00 2 and SOZDD003 in the northern central section of the Salar de Olaroz basin.
Drillhole SOZDD002 has encountered conductive brines over an interval of ~107 metres in the upper aquifer, from a depth of 186 to 293 metres; drilling has now advanced into fractured shales with highly conductive brines continuing as drilling progresses.
Drillhole SOZDD003 has also encountered conductive brines over an interval of ~107 metres in the upper aquifer, from a depth of 176 to 283 metres.

2023-01-31 09:51:00

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