6 Sep, 2018, 14:50 - 15:10

Steve Promnitz, Managing Director, Lake Resources NL (Morena del Valle Minerals SA)

Curriculum Vitae
Mining/Energy and Finance executive with 30 years in technical, commercial and financial roles with mining companies and investment banks/advisory firms in South America, Asia/Pacific and Australia. Steve has been CEO of junior/mid-tier companies (Western Mining, Rio Tinto, CRA) as well as director with global banks (Citigroup).


Lake Resources NL (ASX:LKE) is a lithium exploration/development company developing 3 lithium brine projects and 1 hard rock project in Argentina, all owned 100%. Lake holds one of the largest lithium tenement packages in Argentina (~180,000Ha). Two flagship projects: Kachi (Catamarca) and and Olaroz/Cauchari (Jujuy). The Kachi project covers a large wholly owned lithium brine salt lake (54,000 Ha) over a salt lake south of FMC’s lithium operation with a resource statement anticipated in October 2018 leading to a feasibility study and strategic partner discussions. The Olaroz/Cauchari projects are extensions to known resources in the same basin as Orocobre’s Olaroz lithium production and adjoins SQM/Lithium Americas Cauchari project (now Gangfeng Lithium), with high grade lithium (600 mg/L). Drilling will commence in coming months at Olaroz-Cauchari after tenure has been confirmed in a landmark agreement in March 2018.