LATIN RESOURCES | Red Cloud's Pre-PDAC 2024 - YouTube new video out of PDAC 2024
- pipeline of new resource prospects in the area
- Looking at north of 100mt resource - easy mode.
- DFS is based on 63mt
- 15 rigs on site
- Colina is still open at depth - he's not chasing it
- 20+ years + mine life without drilling at depth further
- resource finished at the end of march
- Planalto only drilled 1 hole so far - more drilling after infil drilling
- 1 open pit 100 employeess
- 10km from Salinas town
- going to upgrade roads around the area and lay water pipeline and power
- 3 ports vying for the business
- doubling the amount of materials for the DFS
- looking at the US for offtakes
- we dont expect the capex to change
- LRS and Sigma - make brazil number 3
- upgrade and resource coming out in May
- Offtake discussions no short of appetite
- construction 2025
- funded all the way to the end of the year
LRS General Discussion, page-16997
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