CleanTech Lithium PLC (AIM:CTL, OTCQB:CTLHF) executive chairman Dr Steve Kesler speaks to Thomas Warner from Proactive London after the Chile-focused exploration and development company reported a substantial resource upgrade at its Laguna Verde lithium project.
The drilling program at Laguna Verde increased the Measured and Indicated resource to 1.1 million tonnes of lithium carbonate equivalent, providing a strong foundation for the pre-feasibility and production planning.
Dr. Kesler emphasises that the increase in the measured and indicated resource strengthens CleanTech's confidence in achieving a base production level of 20,000 tonnes per year, with the prospect of "even higher" production levels in the future. He also highlights the Chilean government's stated aim of increasing the country's lithium production capacity.
Cleantech Lithium aims to secure an ASX listing in the third quarter of this year. Kesler concludes with an update on CleanTech's Francisco Basin project, also in Chile, and promises "lots of good information for Australian investors" to come during the next few weeks.
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