LRS 7.00% 23.3¢ latin resources limited

Nice going!High-Grade Lithium Results: Significant high-grade...

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    Nice going!

    High-Grade Lithium Results:
    Significant high-grade lithium assay results have been reported, notably SADD246 with 32.92m @ 1.62% Li2O, highlighting the project's potential.

    Consistency and Quality: The drilling results confirm the continuity, thickness consistency, and quality of the lithium mineralization at the Colina Deposit.

    Resource Estimation and DFS: An updated Mineral Resource Estimate (MRE) is planned for Q2 2024, with a Definitive Feasibility Study (DFS) scheduled for release in Q3 2024.

    Drilling Program Highlights:
    • Significant mineralized intercepts returned from 29 completed diamond drill holes.
    • A substantial portion of the resource is amenable to simple open-cut mining.

    Technical and Methodological Rigor:
    • Employed industry-standard practices for diamond drilling, core sample recovery, and geological logging.
    • Detailed assay methodologies are used to ensure high-quality and representative data collection and analysis.

    Project Development Strategy:
    • The company is focused on upgrading the JORC mineral classification of its resource.
    • Future plans include expanding the MRE and preparing for mineral reserves declaration as part of the DFS.
 
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23.3¢
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Mkt cap ! $651.7M
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24.5¢ 24.5¢ 22.5¢ $1.471M 6.332M

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Last trade - 13.17pm 16/05/2024 (20 minute delay) ?
Last
23.5¢
  Change
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