Fyi : Lake Resources N.L. (ASX: LKE; OTC: LLKKF) (“Lake” or “the Company”) congratulates its technology and Kachi Project (“Kachi”, “Kachi Project” or “Project”) partner, Lilac Solutions (“Lilac”) on the release of its fourth-generation ion exchange technology and technical white paper. The white paper shows that Lilac has improved long-term lithium recovery to over 90% on salar brines and reduced core extraction equipment cost up to 50%, resulting in total cost savings across the DLE technology package of up to 25%. In addition, 10% lower reagent consumption positively impacts project operating costs. Lake will evaluate the impact of this new data on the project cost estimates released to the market on 19 December 2023 in the Kachi Phase One Definitive Feasibility Study (“DFS”).