Given work is expected to 'formally' commence this month, I think it's worthwhile providing some background on what we have in Catamarca, which is potentially a globally significant future Lithium deposit. To set the scene, Lake Resources (ASX:LKE) comments on our tenements here:
https://lakeresources.com.au/projects/catamarca/
"Latin Resources (ASX:LRS), which holds adjoining leases in the same belt, announced on 14 June 2016 results of 4.9% LiO2 to 7.1% LiO2"
"A LRS drilling program in Q2 2017 yielded high grades over relatively narrow widths, in lithium terms, of up to 9m true thickness, with intercepts of 3m at 2.98% Li2O, 5.2m at 1.62% Li2O, 6m at 2.40% Li2O, and 7m at 2.17% Li2O."
We entered a JV with Integra Capital for the Catamarca tenements in 2020. In summary, the JV means Integra is funding the first $1m of exploration and will also fund their representative portion of any eventual processing plant.
Integra Capital (Lithium) website:
https://integralithium.com/
Integra JV ANN is here:
https://www.investi.com.au/api/announcements/lrs/1dab5ec2-48b.pdf
Here is one of our 2016 ANNs for Catamarca showing grades up to 7% Li2O (which looks exceptionally high to me)
https://www.investi.com.au/api/announcements/lrs/8d090c96-90e.pdf
and here is one of our 2017 drilling ANNs.
https://www.investi.com.au/api/announcements/lrs/cb621a99-9f7.pdf
- Forums
- ASX - By Stock
- LRS
- Catamarca deposit Argentina
Catamarca deposit Argentina
-
-
- There are more pages in this discussion • 134 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRS (ASX) to my watchlist
|
|||||
Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $419.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 9967 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 1265431 | 0.150 |
36 | 1858454 | 0.145 |
42 | 2780784 | 0.140 |
20 | 1170563 | 0.135 |
18 | 913154 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 664886 | 20 |
0.160 | 1755501 | 23 |
0.165 | 2157392 | 24 |
0.170 | 1538752 | 30 |
0.175 | 1247671 | 17 |
Last trade - 09.42am 29/07/2024 (20 minute delay) ? |
Featured News
LRS (ASX) Chart |
Day chart unavailable