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Our exploration licences are in prime locations within the Lithium Triangle, where 40% of the world’s lithium products are produced from brines at lower costs than hard rock lithium production.

Patagonia Lithium owns 100% interest in 3 mining exploration projects – the Formentera Project, the Cilon Project and the Tomas III Project – which encompasses an area of approximately 25 km2.

The Company considers that the areas covered by the projects may be prospective for lithium, borates and/or base metals.

Our exploration licence portfolio is located in close proximity to some of the world’s leading lithium producers/developers, including Lake Resources (ASX:LKE), Power Minerals (ASX:PNN), Ganfeng Lithium (SHE:002460), Allkem (ASX:AKE) and Lithium Energy (ASX:LEL).