FYI... From today's announcement POSITIVE ASSAYS RECEIVED FOR...

FYI... From today's announcement

POSITIVE ASSAYS RECEIVED FOR ANCASTI LITHIUM PROJECT, CATAMARCA, ARGENTINA

https://onlineinvesting.westpac.com...mpanyProfile/Announcements.aspx?stockCode=LRS


Highlights from today's announcement on what we can expect in the near future...


HIGHLIGHTS
 7m @ 2.17% Li2O intercepted at Reflejos del Mar

 First pass exploration drilling nearing completed at two of the first four targets

 Drilling now progressing well at Campo el Abra the third target




//At Reflejos del Mar in the Vilisman Group of concessions there has been fourteen holes completed for approximately 900m of drilling. Included in this release are results for the first 6 holes. The remaining samples of the eight holes will be analysed and released in the coming weeks. Thus far very encouraging results including seven meters at 2.17 Li2O. The initial six holes drilled had lithium grades over 1% in three of the six including 3 meters at 2.77% Li2O.



// * Drilling is now nearing completion at Campo el Abra where eight holes have been drilled.

* Samples from here will be submitted to ALS this week and results are expected before the end of March.

* The rig will move to Santa Gertrudis this week where it will continue LRS’s first pass drilling program.

The aim of which is to provide initial information on four of the eleven quality pegmatites that make up the Ancasti Lithium project .//


//Managing Director Chris Gale commented, “These first assays are extremely encouraging displaying high grade spodumene at depth. This result is once again proving our theory that the historical lithium mines that we have secured are potentially very economic .”
He went on to say,

“ We still have quite a bit of drilling still to complete and
a lot more assays results to come from our favoured targets
but great to get such positive results early .