July 25, 2018

Advantage Lithium (AAL) CEO David Sidoo has spoken with Resource Stock Digest about their Fully-Subscribed $12 Million Financing, 4,000 Meter Drill Program & Upcoming PEA at the Cauchari Project. AAL recently released an Updated Cauchari Resource Estimate which detailed a +6-fold increase of the inferred resource to 3.0 Mt Lithium Carbonate Equivalent (LCE) at 450 mg/l Lithium.

Following the release of the Updated Cauchari Resource Estimate, the NI43-101 Technical Report on the resource upgrade of the Cauchari JV Lithium Project located in Jujuy, Argentina was filed.

The brine at Cauchari has excellent chemistry for processing and the Mg/Li ratio averages 2.5, very similar to the Olaroz project. Phase III drilling is underway to upgrade this inferred resource and underlying brine to measured and indicated resources for the definitive feasibility study (DFS) scheduled for completion in Q2 2019.

Listen to the full interview below:

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