Ann: Latin Resources raises funds to advance Yarara Gold Project, page-17

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CJTJ

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20/09/20

20:31

Post #: 47487349
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Originally posted by 1%aday: ↑

Quoting you, 'but i do also remember that in one release,LRS or a rep stated they expected cleaner and higher% kaolonite/halloysite/less deleterious elements assay results from a depth,as the surface /trench samples can be contaminated.'

I just had to follow up on what you said and had a closer look. Thanks for giving extra work to do lol.
Basically the samples tested where from 4 locations. All were taken from surface except for one that was taken from 3m. The one taken from 3m was (location 4) and it was the best by far. That is because , like you said, it was the least weathered sample while the surface ones were oxidised. Hence, fingers crossed, we can assume that deeper samples as planned (up to 30m) could possibly come back with higher quality.

that's the summary from https://hotcopper.com.au/threads/ann-positive-results-returned-for-noombenberry-project.5185000/

Summary
These results presented by the independent experts have confirmed the prospectivity of the project
area and the best results (location 4) were taken from 3m below ground level. Location 4 was the
least weathered sample, located at the base of a dam, and the other 3 were oxidised and taken from
the surface. Samples from Location 4 delivered high grade kaoline results from the 45 to 180 um
category, up to 15% halloysite by weight and up to 38.9% kaolinite by weight, and over 68% kaolinite
at Location 3 and 44% kaolinite at Location 1. These grades are very encouraging and give confidence
to further explore the project via a deeper and expanded drill program with assistance from First Test
Minerals.
Upon grant of the Exploration Lease expected in the coming quarter, the company will pursue an
aggressive drilling programme to test the deeper zones of the surface profile (0-30m) to test for
commercial qualities of kalonitic/halloysite material.

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good research mate, I am not stressing until we drill our own holes there then the real results will be proved up, but you must admit it is bloody encouraging thus far even with ust surface samplings, this is what good discussions are about , well done mate.

LRS Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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