Patagonia Lithium Ltd
Patagonia Lithium Ltd is an Australia-based mining exploration company.
The business
Patagonia Lithium Ltd is an Australia-based mining exploration company. The Company has two major lithium brine projects: Formentera/Cilon in Salar de Jama, Jujuy province and Tomas III at Incahuasi Salar in Salta Province of northern Argentina in the declared lithium triangle. The Formentera Project is the Company’s flagship project. It is prospective for lithium and borates. It is located in the municipality of Coranzuli in the Jujuy province. The Company’s concession covers over 1,752 hectares or approximately 15 square kilometers. The Tomas III Project is located adjacent to the Incahuasi salar and includes an exploration license granted in the Tolar Grande department, Salta Province, northwest Argentina, being potentially prospective for lithium and base metals. The concession area is approximately 571.5403 hectares and is located in an area dominated by volcanics and sits over 300-600 meters above the surface of the salar.
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Latest news
Patagonia Lithium Identifies 10 New Rare Earth Targets at Goiás Tenure in Brazil
Patagonia Lithium identifies 10 new REE targets at Goiás, Brazil using Logos AI; auger sampling and ground magnetics to follow.
Patagonia Lithium announces 3.8Mt maiden LCE resource estimate for Formentera project
Patagonia Lithium (ASX: PL3) has reported a maiden inferred mineral resource estimate of 3.8 million tonnes lithium carbonate equivalent (LCE) for its flagship Formentera lithium brine project in Argentina. Diamond drilling of 1,499 metres produced the estimate alongside 717,000t of lithium metal in situ, confirming Formentera as one of the best undeveloped projects in Argentina […]
Brazil’s rare earths industry working hard to overtake China’s dominance, ASX explorers poised to benefit
Mining heavyweight Brazil is working hard to overtake China as the world’s dominant source of rare earth elements (REE) production and processing. The Latin American nation’s rare earths mining industry has just started to gain momentum despite having been a major mining destination for decades. Established mining industry regulations and lower labour costs compared to […]
Patagonia reports up to 1122ppm lithium from sampling at Formentera and Cilon projects
Newly-listed explorer Patagonia Lithium (ASX: PL3) has reported a “very high content of lithium” from its salars following a sampling program at the Formentera and Cilon projects in Argentina’s famed lithium triangle. The company used a motorised auger to collect a range of samples which were then sent under security to SGS Argentina for assaying. […]
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