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Patagonia Lithium Limited ( (AU:PL3) ) just unveiled an announcement.
Patagonia Lithium Ltd has announced a significant upgrade to its Mineral Resource Estimate (MRE) at the Formentera Lithium Brine Project, increasing the Lithium Carbonate Equivalent (LCE) by 319% to 551,400 tonnes. This upgrade, driven by an increase in lithium metal resources and specific yield, positions the Formentera project as one of the most promising undeveloped lithium projects in Argentina. The company plans further exploration and development, leveraging proven extraction technology to enhance resource potential and shareholder value.
More about Patagonia Lithium Limited
Patagonia Lithium Ltd is a company operating in the lithium industry, focusing on the extraction and development of lithium brine resources. The company is primarily engaged in the exploration and development of lithium projects in the Jujuy province of Argentina, part of the renowned ‘lithium triangle’.
Average Trading Volume: 65,299
Technical Sentiment Signal: Sell
Current Market Cap: A$4.54M
For an in-depth examination of PL3 stock, go to TipRanks’ Overview page.