Update on Prairie Project Pilot Plant Operations

Arizona Lithium Limited (ASX: $AZL) has reported exceptional final pilot results from the Prairie Project in Saskatchewan, Canada. The ILiad Pilot Plant, which operated from November 2023 to February 2024, processed over 200,000 litres of brine and achieved an average lithium recovery rate of 95% with significant impurity rejection results. The data from the pilot operations is currently being utilized in the design and engineering of the commercial DLE facility, with drilling on Pad #1 anticipated to commence in May 2024 and production expected to start in 2025.

Executive Commentary on Pilot Results

Arizona Lithium Managing Director, Paul Lloyd, expressed, 'These exceptional final results from the Pilot are a testament to the dedication of our team, in taking the project a step closer to commercial production in 2025. These results are already being used to finalize the engineering and design of our first commercial facility at Pad #1. These results give the technical and management team's added confidence that Prairie is a world class Lithium project and has the potential for significant project economics.'

Summary of Prairie Project Update

Arizona Lithium's Prairie Project in Saskatchewan, Canada, has demonstrated exceptional final pilot results, achieving a 95% lithium recovery rate and significant impurity rejection. The data from the pilot operations is being utilized in the design and engineering of the commercial DLE facility, with drilling on Pad #1 set to commence in May 2024 and production expected to start in 2025. With a resource of 6.3 MT of LCE, the Prairie Project holds the potential for significant project economics and aligns with the company's sustainable approach to lithium development.