Corporate Strategy

Abstract

Lake Resources is exploring for epithermal gold and porphyry copper-gold deposits in the Chagai region in western Balochistan. These results are interpreted to support potential for a significant gold target, with possible supergene copper in the LRM001 – LRMRC003/005/018/019 area. The copper-gold association could indicate potential for porphyry copper-gold mineralization beneath this area. To the north, drillholes LRMRC 010 – 017 intersected zones of geochemically anomalous molybdenum (>5 ppm up to 130 ppm) and copper (>300 ppm up to 1675 ppm). Minor gold was intersected in some of these drillholes: