PL3: Significant Pump Test Results from Well 8 Correction
Original announcement by asx on
- Company
- Patagonia Lithium Ltd
- Ticker
- PL3
- Exchange
- ASX
- Region
- Jujuy province, Argentina
- Primary commodity
- Lithium
- Secondary commodities
- None reported
- Document categories
- Other, Drill results
- Extracted
- 2026-10-09 01:03:14 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Patagonia Lithium has issued a correction to its Well 8 pump test results, providing updated lithium concentrations and extraction depths. The test confirmed strong aquifer performance with a flow rate of approximately 2,042 L/h and lithium concentrations reaching up to 232 mg/L.
Reasoning: The announcement provides corrected hydrogeological and geochemical data from a pump test, confirming lithium-rich brine and strong aquifer performance, though it is a correction to a prior release.
Positive factors
- Strong pumping results from well 8
- Fast aquifer recovery
- Lithium-rich brines confirmed in main aquifer interval
- Correction provides more accurate extraction depth and lithium content
Negative factors
- Document is a correction to a previous announcement
Facts used in scoring: 3
Classification and evidence
QA/QC Disclosedpositive · Story-specific tag
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions use of standards, blanks, and duplicates, and names Alex Stewart as the laboratory.
Evidence · text
“A distilled water sample and a lithium standard sample C 3001 (400ppm lithium in solution) was supplied to Alex Stewart labs.”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
JAM 26-08Cilon · lithiumGrade: 232Grade Unit: ppmIntercept: 0 mView all detailsHide details
Identity
- Hole ID
- JAM 26-08
- Project
- Cilon
- Commodity
- lithium
- Region
- argentina
- Reported Region
- argentina
- Ticker
- PL3
Geometry
- Grade
- 232
- Grade Unit
- ppm
- Intercept
- 0 m
- From
- 330 m
- To
- 330 m
- Intercept Depth
- 330 m
Classification
- Sample Type
- drill
- Group ID
- JAM 26-08:330-330
QA/QC
- Laboratory
- Alex Stewart
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-09T00:00:00.000Z
Reasoning: The 232 ppm lithium grade in the packer sample validates the lithium-rich nature of the aquifer.
Positive factors
- High lithium concentration in packer sample
Negative factors
- Correction to previous depth reporting
Evidence · text
“the closest packer sample was at 330m... where the assay was 232ppm lithium”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JAM 26-08Cilon · lithiumGrade: 218Grade Unit: ppmIntercept: 50 mView all detailsHide details
Identity
- Hole ID
- JAM 26-08
- Project
- Cilon
- Commodity
- lithium
- Region
- argentina
- Reported Region
- argentina
- Ticker
- PL3
Geometry
- Grade
- 218
- Grade Unit
- ppm
- Intercept
- 50 m
- From
- 280 m
- To
- 330 m
- Intercept Depth
- 280 m
Classification
- Sample Type
- drill
- Group ID
- JAM 26-08:280-330
QA/QC
- Laboratory
- Alex Stewart
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-09T00:00:00.000Z
Reasoning: The range of 218-230 ppm lithium confirms the presence of mineralized brine.
Positive factors
- Consistent lithium grades in the interval
Evidence · text
“the packer assays from 280-330m ranged from 218ppm to 230ppm”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
JAM 26-08Cilon · lithiumGrade: 230Grade Unit: ppmIntercept: 50 mView all detailsHide details
Identity
- Hole ID
- JAM 26-08
- Project
- Cilon
- Commodity
- lithium
- Region
- argentina
- Reported Region
- argentina
- Ticker
- PL3
Geometry
- Grade
- 230
- Grade Unit
- ppm
- Intercept
- 50 m
- From
- 280 m
- To
- 330 m
- Intercept Depth
- 280 m
Classification
- Sample Type
- drill
- Group ID
- JAM 26-08:280-330
QA/QC
- Laboratory
- Alex Stewart
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-10-09T00:00:00.000Z
Reasoning: The range of 218-230 ppm lithium confirms the presence of mineralized brine.
Positive factors
- Consistent lithium grades in the interval
Evidence · text
“the packer assays from 280-330m ranged from 218ppm to 230ppm”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.