The latest announcement is out from Patagonia Lithium Limited ( (AU:PL3) ).
Patagonia Lithium Ltd has completed nuclear magnetic resonance (NMR) surveys on wells 1, 3, and 4 at its Formentera Lithium Brine Project in Argentina. The results are expected to significantly enhance the accuracy of the Mineral Resource Estimate (MRE) by providing detailed porosity data, which will be used to update the MRE. This development is strategic for the company as it lays the groundwork for future production hydrology, potentially impacting its operational capabilities and market positioning.
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 based in Melbourne, Australia, and is involved in the Formentera Lithium Brine Project in Argentina.
YTD Price Performance: -32.50%
Average Trading Volume: 52,889
Technical Sentiment Signal: Buy
Current Market Cap: A$6.45M
Learn more about PL3 stock on TipRanks’ Stock Analysis page.