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  • Why Patagonia Lithium is pushing to 600m at Formentera
27 November 2025
WRITTEN BY Shae Russell

Why Patagonia Lithium is pushing to 600m at Formentera

Join us as we speak with Phil Thomas, Executive Chair at Patagonia Lithium (ASX:PL3), to explore the latest updates on the Formentera Lithium Project in Argentina and discuss the next milestones shaping the company’s path to development.

Key topics discussed:

  • Deeper drilling strategy: Why the team is targeting 600m to define the basement and grow the Mineral Resource Estimate.
  • Next technical steps: Seismic survey, borehole magnetic resonance, porosity data and the pathway toward an indicated resource.
  • Development roadmap: Progress toward a Scoping Study, Prefeasibility Study, and permitting for the Ekosolve Direct Lithium Extraction (DLE) plant.

About the guest and company:
Phil Thomas brings extensive expertise to Patagonia Lithium, an exploration and development company focused on unlocking lithium brine resources across Argentina’s prolific salt flats. The company is progressing its Formentera Project, targeting significant resource growth and a clear pathway toward future production.

Watch the full interview to gain insights into Patagonia Lithium’s deeper drilling campaign and its journey toward feasibility and development.

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Written By Shae Russell
Shae has been an equities analyst with a focus on investment writing for 15 years; the last eight of which has centred on the domestic and international mining sector. She’s now bringing this expertise to enhance and strengthen Mining.com.au‘s role as Australia’s leading source of mining news.

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