Patagonia Lithium

Get all the latest news before the big race in Melbourne on Tuesday 3 November

ASX:PL3 drilling is going well plenty of brine - check out the 1min video

20260923 Current Drilling JAM 26 09 63m depth youtu.be/4yC6LoUAAt0?si=Isbx… via @YouTube

ASX:PL3 Cilon Well 8 lithium is making great progress 158m depth and going strong. Great packer results with 377L an hour from airlift. SG continues to increase - sandy sediments showing good porosity Lithology: Predominantly unconsolidated, well-sorted fine to medium sands with sandy matrix and high visual porosity Test interval: 147 – 158 m ( 11 m chamber) Recovery: five 200-L containers; with an average fill time of ~ 32 minutes (Flow rate 377.3 L/h)

Great news down to 194m depth on well 7 lithium brine pumping test excellent - 1/3 down 400m to go! ASX:PL3

Our lithium exploration is reaching new heights with first packer assay test 857L/hour - seven 200L containers, from 105-110m depth brine looks very promising at top of the aquifer. Onward ho! To 130m for next one.

ASX:PL3 We are off to the races - great porosity (as usual) - 44 - 59m: Fine light brown to whitish sands within a silty-sand matrix. Predominantly unconsolidated, locally semi-consolidated. Fine parallel lamination observed in semi-consolidated intervals. Presence of dispersed mafic minerals (black and reddish) and very coarse sand-sized pumice fragments. Interpreted as reworked volcaniclastic sediments. High visual porosity. No HCl reaction no carbonates! Great pics of core - hopefully full of lithium!

ASX:PL3 Super excited - well JAM-07 30m 20cm steel pipe is in and we will start drilling in two days. This could be a game changer with very low resistivity. Go to ceo blog at our website for updates.

Completed our passive seismic survey. The line pic shows the large dimensions of the project. Now we start the processing of the data to see how deep the lithium brines go.

Completing our seismic survey to unlock additional tonnes of lithium carbonate

Our seismic survey is very important as it can unlock a much larger resource and with our high porosity this translates into $$$$$. We are just completing line 3 now. Happy easter.

The GEC passive seismic guys started today - 7km line - this will improve our mineral resource estimate substantially-

Great results from well JAM 26-06 over weekend

72 hour pump test has started going great speed 11,000 litre tank. We estimate only need 13600L per day per well to produce enough lithium to produce 1000 tonne a year ($24m) - scoping study (our big milestone will confirm

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! Www.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.