CleanTech Lithium PLC - Chile-focused lithium exploration and development company - Expects to publish its pre-feasibility study for the Laguna Verde project in the third quarter of 2024. Says that the current drilling programme at Laguna Verde is designed to produce the first JORC compliant reserve estimate for the project. The drilling programme will also produce a hydrogeological model to design the extraction and reinjection wells to maximise the recovery of the lithium resource, it adds.
Chief Executive Officer Aldo Boitano says: ‘The [PFS] for the Laguna Verde project will be a significant milestone on our path to lithium production. It is the company’s aim to produce the highest quality PFS to ensure the strongest possible platform for discussions with strategic partners.’
Current stock price: 16.00 pence, up 4.5%
12-month change: down 76%
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