CleanTech Lithium

Update on Exploration Stage Projects

CleanTech Lithium PLC, (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company, advancing sustainable lithium projects in Chile for the clean energy transition, announces an update on activities at two exploration stage projects - sampling results from the Llamara Project and commencement of initial geophysics at a new exploration project in the Salar de Atacama basin.


Llamara Highlights:

  • Llamara is a greenfield exploration project with a licence area of 605km2 located within a large basin in Northern Chile
  • The maiden drill programme aimed to test the lithium prospectivity of two targets, firstly a subsurface brine aquifer and secondly a surface evaporite mineral
  • Brine samples collected from the first well were depleted in lithium while the first batch of surface samples recorded minor lithium enrichment along with high grades of boron
  • A second batch of surface sample results are pending, and the Company will then consider the next stage of exploration at the project

Salar de Atacama Highlights:

  • Applications lodged and now registered for new licences covering a total area of 377 km2 in the Salar de Atacama basin, the leading lithium production base in the world
  • A geophysics programme has commenced with the first completed section identifying a subsurface brine aquifer target
  • Salar de Atacama is designated as a strategic salar by the Chilean government - any commercial development will require a joint venture with a state entity holding a majority (51%) stake, which the Company views as suitable for such a strategically important basin
  • Community engagement will also be crucial. CTL´s focus on Direct Lithium Extraction (DLE), which removes the need for evaporation ponds, provides a compelling case for a new low impact approach to lithium production in the Salar de Atacama basin
  • Whilst CTL´s exploration stage projects provide upside, the Company remains fully focused on the advanced Laguna Verde (PFS underway) and Francisco Basin (Scoping Study completed) projects

Commenting, Aldo Boitano, Chief Executive Officer, of CleanTech Lithium PLC, said:

"While we continue to progress our key projects Laguna Verde and Francisco Basin, exploration at additional prospects in Chile is also advancing. At our Llamara project we are in the process of receiving and evaluating the results, while initial geophysics results from new licences applied for recently at the Salar de Atacama basin are very positive. We will continue to update the market on how we move forward with these projects."


Click here for the full Press Release

This article includes content from CleanTech Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

CTLHF
CleanTech Lithium

CleanTech Lithium Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
CleanTech Lithium (OTCQB:CTLHF)

CleanTech Lithium


Keep reading...Show less
Harbor Access Global SMID Cap Virtual Investor Conference: Presentations Now Available for Online Viewing

Harbor Access Global SMID Cap Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Harbor Access Global SMID Virtual Investor Conference, held November 16 th are now available for online viewing.

REGISTER NOW AT : https://bit.ly/47FNXON

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Harbor Access Global SMID Investor Conference Agenda Announced for November 16th, 2023

Harbor Access Global SMID Investor Conference Agenda Announced for November 16th, 2023

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Harbor Access Global SMID Virtual Investor Conference to be held on November 16 th 2023. Individual investors, institutional investors, advisors, and analysts are invited to attend.

REGISTER NOW AT: https://bit.ly/47ksL0o

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
CleanTech Lithium (OTCQB:CTLHF)

DTC Eligibility for OTCQX Trading in the U.S.

CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company advancing next-generation sustainable lithium projects in Chile for the EV transition, is pleased to announce the Company's ordinary shares in the United States are now eligible to be exchanged and settled through the Depository Trust Company ("DTC").
Keep reading...Show less
OTC Markets Group Welcomes CleanTech Lithium Plc. to OTCQX

OTC Markets Group Welcomes CleanTech Lithium Plc. to OTCQX

OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced CleanTech Lithium Plc. (AIM: CTL; OTCQX: CTLHF), an exploration and development company, advancing the next-generation of sustainable lithium projects for the EV transition, has qualified to trade on the OTCQX® Best Market. CleanTech Lithium Plc. upgraded to OTCQX from the OTCQB® Venture Market.

CleanTech Lithium Plc. begins trading today on OTCQX under the symbol "CTLHF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com .

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Battery & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

Battery & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from Battery & Precious Metals Virtual Investor Conference held May 2 nd -4 th are now available for online viewing.

REGISTER NOW AT : https://bit.ly/3B1N9Fj

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
HMW Phase 1 Construction on Schedule for Initial Production in H1 2025

HMW Phase 1 Construction on Schedule for Initial Production in H1 2025

Galan Lithium Limited (ASX: GLN) (Galan or the Company) is pleased to provide an update on the progress of construction activities at the 100% owned Hombre Muerto West (HMW) Phase 1 lithium brine project, with the aim of delivering lithium chloride production in H1, 2025.

Keep reading...Show less
Open Offer, Posting of Circular & GM Notice

Open Offer, Posting of Circular & GM Notice

CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTCQX:CTLHF), an exploration and development company advancing sustainable lithium projects in Chile for the clean energy transition, is pleased to announce that further to its announcements of 21 and 22 November 2023 in relation to the Placing, CTL is today posting a circular to Shareholders, setting out details of the Placing and the Open Offer and including a notice of General Meeting ("GM") (the "Circular").

Keep reading...Show less
Galan Lithium Managing Director Juan Pablo Vargas de la Vaga

Glencore Deal Validates Galan Lithium’s Chloride Concentrate Strategy, Exec Says

Following its recent financing agreement with mining giant Glencore (LSE:GLEN,OTC Pink:GLCNF), Galan Lithium (ASX:GLN,FWB:9CH) is now fully funded to complete construction of its Hombre Muerto West (HMW) project in Argentina and become the next lithium producer in the Lithium Triangle, according to Managing Director Juan Pablo Vargas de la Vega.

“To date, Galan (has) directly invested more than $20 million (in HMW), and the investment or financing solution from Glencore will allow us to pretty much complete the project,” de la Vega said.

“More importantly, this cements Galan’s strategy to produce lithium chloride concentrate. Everyone else in the Lithium Triangle is producing or going to be producing lithium carbonate. So the fact that Glencore has partnered with us to buy the chloride concentrate … shows that the lithium chloride concentrate strategy is a valid one.”

Keep reading...Show less
Jindalee Lithium

Jindalee Lithium


Keep reading...Show less
Jindalee Lithium

Appointment of Ian Rodger as CEO

Jindalee Lithium Limited (ASX:JLL) (Jindalee, the Company) is pleased to announce the appointment of Ian Rodger as Chief Executive Officer (CEO).

Keep reading...Show less
CleanTech Lithium

CleanTech Lithium Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×