# PL3: Significant Pump Test Results from Well 8 Correction

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pl3-significant-pump-test-results-from-well-8-correction--e6eb3327-959c-4249-8e05-8eb2940548a3

Original source: https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03150602

Publisher: asx

Original announcement: 2026-10-09T00:55:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-09T01:03:13.708Z

Atlas analysis updated: 2026-10-09T01:03:13.708Z

- 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

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: Strong pumping results from well 8

- Positive factor: Fast aquifer recovery

- Positive factor: Lithium-rich brines confirmed in main aquifer interval

- Positive factor: Correction provides more accurate extraction depth and lithium content

- Negative factor: Document is a correction to a previous announcement

Facts used in scoring: 3

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: 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 26-08

[Link to this fact](https://atlas-staging.minestarters.com/news/pl3-significant-pump-test-results-from-well-8-correction--e6eb3327-959c-4249-8e05-8eb2940548a3#fact-drill-facts-0)

Cilon · lithium

#### 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 factor: High lithium concentration in packer sample

- Negative factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### JAM 26-08

[Link to this fact](https://atlas-staging.minestarters.com/news/pl3-significant-pump-test-results-from-well-8-correction--e6eb3327-959c-4249-8e05-8eb2940548a3#fact-drill-facts-1)

Cilon · lithium

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### JAM 26-08

[Link to this fact](https://atlas-staging.minestarters.com/news/pl3-significant-pump-test-results-from-well-8-correction--e6eb3327-959c-4249-8e05-8eb2940548a3#fact-drill-facts-2)

Cilon · lithium

#### 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 factor: 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 Disclosed**

Polarity: positive

Definition: 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 Undisclosed**

Polarity: negative

Definition: 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.
