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An announcement from Patagonia Lithium Limited ( (AU:PL3) ) is now available.
Patagonia Lithium Ltd has announced the results of a Nuclear Borehole Magnetic Resonance (NMR) survey at its JAM 24-01 well in the Formentera Lithium Brine Project, Argentina. The survey revealed a maximum porosity of 44% and a specific yield of 32%, indicating promising lithium extraction potential. These results, alongside high lithium values from packer tests, suggest a robust production scope at the site, enhancing the company’s resource estimates and positioning in the lithium market.
More about Patagonia Lithium Limited
Patagonia Lithium Ltd is a company operating in the lithium industry, focusing on lithium brine projects. The company is engaged in the exploration and development of lithium resources, primarily targeting the growing demand for lithium in the global market.
Average Trading Volume: 56,721
Technical Sentiment Signal: Sell
Current Market Cap: A$6.57M
See more insights into PL3 stock on TipRanks’ Stock Analysis page.