As per the latest announcement, Colina SW is the priority for immediate resource expansion and they have got visual estimate of 20-30m spodumene pegmatites in all the available holes.
Although it takes 3-4 weeks to know the actual assay results, it is much clearer now that the extension to 3km would be a solid one and we could have additional 30MT on top of existing 45MT (assuming average cumulative 20m for 0.5km2 area A and 1km2 area B in the figure below). Mapped pegmatites in the 4km range now, and when drilling starts there and shows similar results, we will be getting 100MT soon. Good thing for Latin is that all other work like PEA, met test and DFS will be done in parallel in the sam period, minimum delay and no major hurdles in the progress towards FID and construction.
LRS General Discussion, page-11767
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