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Patagonia Lithium Announces Promising NMR Survey Results at Formentera Project

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Patagonia Lithium Announces Promising NMR Survey Results at Formentera Project

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Patagonia Lithium Limited ( (AU:PL3) ) just unveiled an announcement.

Patagonia Lithium Ltd has announced the results of a Nuclear Borehole Magnetic Resonance (NMR) survey at its Formentera Lithium Brine Project in Argentina. The survey revealed a maximum porosity of 44% and a specific yield of 32%, indicating promising production potential. These results, particularly from the aquifer zones, support the company’s resource estimates and suggest a strong production scope, which could enhance its position in the lithium market.

More about Patagonia Lithium Limited

Patagonia Lithium Ltd is a company operating in the lithium industry, focusing on the exploration and development of lithium brine projects. The company is primarily engaged in the extraction of lithium, a critical component in battery production, with a market focus on sustainable energy solutions.

Average Trading Volume: 55,733

Technical Sentiment Signal: Sell

Current Market Cap: A$5.85M

Find detailed analytics on PL3 stock on TipRanks’ Stock Analysis page.

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