Join us as we speak with Phil Thomas, Executive Chairman at Patagonia Lithium (ASX:PL3), about progress at the Formentera Lithium Project in Argentina’s Lithium Triangle, and major milestones on the horizon.
Key topics discussed:
- ‘High-porosity’ host rocks: Drilling through exceptionally porous sandstones to 120m, with the program designed to reach 600m and increase the current 551,000-tonne lithium carbonate equivalent resource.
- Major resource upgrade: A 319% increase in drainable inferred and indicated resources provides a significantly more accurate understanding of the aquifers and strengthens the pathway toward Scoping Study and production planning.
- Broader 2026 milestones: Seismic surveys, pump tests, domain modelling and new exploration at the Araxá anomaly in Brazil, where early samples point to promising rare earth potential.
About the guest and company:
Phil Thomas leads Patagonia Lithium, a South America-focused exploration company developing lithium brine resources and emerging rare earth opportunities. The flagship Formentera project is advancing rapidly toward permitting and production readiness, while additional targets in Brazil add strategic upside.
Watch the full interview for insights into Patagonia Lithium’s drilling momentum, resource growth and critical mineral strategy.
