Lithium Australia Produces Positive Lithium Drilling Results at Sadisdorf

Lithium Australia NL announced preliminary results of its first drilling campaign at Sadisdorf. The project is a farm-in and JV with Tin International AG, a subsidiary of exchange listed Deutsche Rohstoff AG (FRA: DR0) as partner.

LIT aspires to use its wholly-owned and proprietary SiLeach® hydrometallurgical lithium processing technology to unlock the lithium potential and value of historical tinpolymetallic deposits such as Sadisdorf – which is ideally located to supply the European battery and electric vehicle market – by recovering lithium from the residues of conventional tin concentration processes.

The new results represent the first drilling at Sadisdorf since 1990 and follows a maiden Inferred Mineral Resource estimate of 25 Mt @ 0.45 % Li2O (0.32 % Li2O cut-off) as announced on the ASX on 7 December 2017.

The now completed three hole diamond drill program was designed to confirm historic data and test the outer boundaries of the mineral resource model.

Logging of drill core and compliance with appropriate QAQC procedures have been supervised by consultant CSA Global. Drill hole intercepts of mineralized sections have been calculated by CSA Global.


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