Investor Presentaiton
Ore Reserves
0
1300 2600 Meters
K17R30
K10R19
INJ-20
INJ-21
INJ-1
INJ-2
INJ-3
INJ-4
INJ-5
K09R18
INJ-6 PW-9
INJ-11
PW-10
INJ-7PW-11
INJ-12
PW-12
INJ-8 PW-13
INJ-13
PW-14
INJ-9 PW-1
PW-15 INJ-14
PW-2
INJ-10 PW-3
PW-16
INJ-15
PW-4
PW-5
INJ-16
INJ-19
PW-6
PW-7
INJ-17
PW-8
Refer to ASX announcement on 19 December 20023 - "Maiden Ore Reserve defined for flagship Kachi Project"
LAKE
RESOURCES
Average Lithium
Reserve Category
Years
Lithium (Tonnes)
LCE (Tonnes)
Concentration (mg/L)
Proved
1
3,600
18,900
259
Proved
2-7
28,500
151,400
257
Probable
8-25
85,400
454,100
245
Total
1-25
117,400
624,400
An 'Ore Reserve' is the economically mineable part of a Measured and/or Indicated Mineral Resource
Globally Significant Resource: Potential LCE production rates, inclusive of processing efficiency losses of
25%, results in a total of 806,300 tonnes LCE. However, theses are limited by plant capacity, resulting in
numbers presented above - 624,400 tonnes LCE which represent Phase 1 production over life of mine
Year 1: 18,921 tonnes LCE
Years 2-25: 25,228 tonnes LCE
High level of confidence: More than 85% of production is derived from Measured Resource, remainder
from Indicated
Wellfield layout (16 Production Wells and 21 Injection Wells) designed to:
Maximize lithium grade recovered;
Maximize Proved Ore Reserve; and
Minimize environmental impact
Modelling supports reinjection strategy; maintaining reservoir pressures and minimizing potential
environmental impact
Reserves to grow in line with additional plant capacity in subsequent phases
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