Patagonia Lithium

Great results from packer test see brine being pumped out at 393m

Aunque los volcanes son blancos, ¡valen oro! Con unidades de arena blanda a 161 m, nos encontramos en un acuífero con alta porosidad. ¡Visite nuestro sitio web para obtener la próxima actualización importante de ASX! patagonialithium.com.au

ASX:Pl3 Even though the volcanics are white they are worth GOLD! With soft sandy units at 161m we are in the aquifer with high porosity - check out our website for next ASX major update!

Lithium stocks being re- rated due to demand Driven by a revised forecast of demand growth from ESS, Begleiter and Blanchard now foresee the lithium market in deficit by 2027, compared to their previous forecast of a deficit by late 2028 or early 2029. With Albemarle (ALB) shares up 90% over the last two months - although still nearly 50% below its November 2022 high - Deutsche Bank said it is not early with its upgrade, but based on the bank's revised estimates, its $185 PT is based on 16.5x estimated 2027 valuation for Energy Storage EBITDA, and with its Energy Storage EBITDA up an estimated 75% in 2026 and 21% in 2027, the analysts believe the valuation is reasonable.

Lithium market is heating up on demand patagonialithium.com.au

Great progress at well six at ASX:PL3 At 152m depth very porous sands being encountered SG is increasing! Se update at patagonialithium.com.au

Packer test at 140m - plenty of brine

@miningcomau 2,499,000 shares traded today and a high of 13.5 cents tells the story - increasing lithium price and $$$$ brings us closer to our scoping study and final goal Li2CO3

🇧🇷 @PataLithium #PL3 has signed a non-binding strategic partnership agreement with Ameerex Corporation $HIRU to support its Formentera Lithium Project in Argentina and niobium and rare earths projects in Brazil. 🔗 ap1.hubs.ly/y0vgXS0 #miningnews #asx #exploration

ASX announcement today Patagonia Lithium Signs Strategic Partnership Agreement with Ameerex Corporation • Patagonia lithium has signed a non-binding strategic partnership agreement with Ameerex Corporation for investment in our Formentera lithium project. • Ameerex are a USA domiciled company listed on the OTC with a management team based in Doha, Qatar. Their business strategy is to co-invest up to 50% of project value in mining and related ventures. They currently have a focus on lithium explorers. • Ameerex have an investment in the Rasberry Unit Field in Foard County, Texas, through a joint venture called Falcon Caddo Venture LLC, where there is an estimated 24 million barrels of oil. • Ameerex will be one of the supporters of Patagonia Lithium’s on-going drilling and pilot plant program as they have a strategic interest in investing in lithium projects with merit. Their support will be evidenced by private placements and investment at the Company and project level yet to be determined. • Patagonia Lithium is currently drilling its fifth well JAM 25-05 on its Formentera concession. Patagonia Lithium Ltd (ASX:PL3, Patagonia or Company) is pleased to announce it has entered a partnership agreement with Ameerex Corporation to support the Company’s Formentera lithium project and Brazilian niobium and rare earth projects (Agreement). Under the Agreement, Ameerex will assess and recommend the most effective way to invest in the Company’s Projects. Phillip Thomas, Executive Chairman commented “While Patagonia Lithium recently raised $2.68 million there is merit in having another source of capital via this strategic partnership agreement. It will allow us to continue making progress to reach our milestones of a substantial indicated mineral resource and a scoping study.” Ameerex Corporation is primarily involved in the acquisition and development of oil and gas assets in North America and strategic investments in critical "clean energy" transition minerals. The company is managed by high-profile Qatari investors, with its board members based in Doha, Qatar, and its principal executive office in Atlanta, Georgia. Authorised for release by the Board of the Company. For further information please contact: Phillip Thomas Executive Chairman Patagonia Lithium Ltd M: +61 433 747 380 E: phil@patagonialithium.com.au patagonialithium.com.au/video-link

At the moment its not a binding contract - so No need requirement to lodge ( strategic partnership) and ASX dont like you using the ASX announcements platform for media. We also needed stakeholder sign off which was not predicted to be delayed 24 hours - 90% of our shares are held by top 20 shareholders. See our announcement today. Phil Thomas PL3 Executive Chair

$PL3 $PL3.ax #PL3 ainvest.com/news/ameerex-s… Goddamn - why didn’t this make it to ASX announcements?

377 metres today and going strong , some anhydrite (CaSO4 - strong correlación with lithium) and gypsum filling in fractures.

Drill depth reached 377m today

PL3 drilling progress and the future of the lithium price - Phil Thomas senior geo and executive chairman brings shareholders up to date on Patagonia Lithium's progress. x.com/miningcomau/st…

this is why Patagonia Lithium ASX:PL3 is drilling to a target depth of 600m - click the link below youtu.be/_pc6e4Eew_Q

🚀 @PataLithium #PL3 drilling update from Argentina: ✅ Day 6 progress at Formentera—first brine samples collected 🎯 On budget & on schedule 📈 Building on 319% resource upgrade to 551,400t LCE 🔗ap1.hubs.ly/y0r0YG0 #Lithium #Mining #PatagoniaLithium #Argentina #MiningNews

ASX:PL3 - 60 Sec update - drilling hit 119m and we took 5m packer test for assays, great flow rate of more than 1,500l an hour - good specific gravity and resistivity - see yesterday's ASX:PL3 press release.

Core at 65m is fantastic - porous black sands which in the past have had high lithium assays - getting 100% core recovery.