Ann: Drilling commenced at Jaguar Lithium Project, Brazil, page-179

SLM Positive points:

MC = $82 Million @ $1.11
Cash = $10 Million after recent CR and option conversion.
Top 20 hold about 65% shares.
Major shareholder LRS owns 17.79% of the Company.

Drilling currently underway Jaguar Lithium Project.
Management expects Lithium bearing pegmatite to extend to at least to 50m depth, but awaiting drilling results to confirm.
Proven spodumene bearing pegmatites with high grade rock chip samples up to 4.95% spodumene.
Outcrop exposed from Artisanal mining 50m wide.
Spodumene lithium crystals up to 2m in width and length.
Mining leases already granted.
Close to infrastructure with Hyrdo electric power and water nearby.
80kms from port where Sigma Lithium exports it's Lithium currently.
Fast turn around for assay results within 3 weeks from Brazilian labs.
Latin Resources, to provide exploration guidance and country experience.
Anticipated very short lead time to production once commercially viable resource proven up.

SLM management is pursuing further Lithium tenements in Brazil currently.



This is what the Company are drilling into currently with 11 drill holes planned.