Ann: Quarterly Activities Report & Appendix 5B, page-2

Highlights
OPERATIONS
Noombenberry Halloysite Project, WA
• Key Landholder access agreement signed in October, enabling maiden air-core drilling to commence in
December.
• Completed Phase I drilling on a nominal 400m x 400m drill pattern, comprising 76 holes for 1,767 meters.
353 composite samples sent to the laboratory for detailed test work.
• Drilling is designed to outline extent of a high quality kaolinitic clays and halloysite, identified in previous
sampling where results confirmed up to 38.9% kaolinite and 15% halloysite by weight in the 45 – 180um
size fraction.
• Initial reconnaissance prospecting along strike confirms bright white kaolinite dams an estimated 15km
to the NE within new LRS tenement applications.
• Latin targeting JORC resource definition in March 2021 quarter.
• Initial test work on surface samples has confirmed the presence of halloysite mineralisation on the
project, with results showing up to 15% by weight in the 45 – 180um size fraction.
Yarara Gold Project, NSW
• Land Access agreements signed with key landholders, allowing the commencement of on-ground
exploration activities.
• Analysis and interpretation of historic data sets has been ongoing, growing the Company’s geological
understanding of the controls to mineralisation, with new target areas emerging for future testing.
• On-ground field reconnaissance mapping and sampling to commence in early January 2021.
Manildra Gold Project, NSW
• Secured new 280km2 exploration license application (ELA6145) in the heart of the highly prospective
NSW Lachlan Fold Belt, close to the world-class Cadia Mine, and McPhillamys Gold Project.
• Application straddles the regional scale Manildra Fault within the Lachlan Transverse Zone, with known
gold and copper occurrences within the tenement as well as along strike to the north and south,
including recent shallow RC drilling results of 26m @ 1.5g/t Au from 25m, and 3m @ 7.82g/t Au from
57m.
• The Project is highly prospective for orogenic gold mineralisation and copper/gold skarn mineralisation.
LATIN RESOURCES LIMITED
Unit 3, 32 Harrogate Street
West Leedrville, Western Australia,
6007.
P +61 8 6117 4798
E [email protected]
W www.latinresources.com.au
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Burdett Gold Project, NSW
• Latin acquired a 2nd new tenement (ELA6024) covering 252km2 in the heart of the highly prospective
NSW Lachlan Fold Belt, adjacent to the recently acquired Manildra project (ELA6145) and close to the
world class Cadia Mine and McPhillamys Gold Project.
• The tenement covers north-western extension of the historical Lady Burdett gold field where previous
drilling returned grades up to 7.82g/t Au3
.
• Burdett Gold Project is highly prospective for Orogenic Gold Mineralisation associated with the
regionally significant Canowindra Shear zone.
Argentinian lithium projects
• Integra successfully completes due diligence to spend up to US$1 million on exploration and
development of the Catamarca lithium projects to earn 50%
• JV plans aggressive exploration campaign targeting maiden JORC resource, feasibility, metallurgy and
engineering studies.
CORPORATE
• $5 million Placement completed to accelerate the exploration and drilling program at Noombenberry
Kaolin Halloysite project and Lachlan Fold Gold projects.
• Integra Capital becomes Latin’s largest corporate shareholder, taking a 10% cornerstone holding.
• Appointment of Mr. Pablo Tarantini as a Non-Executive Director, representing Integra Capital.
• $4.5M Cash as at 31 December 2020.