LRS 11.1% 16.0¢ latin resources limited

LRS General Discussion, page-18563

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    LRS certainly looking better than SIGMA

    Mineral Reserves were estimated using Micromine 2023 software and following the economic parameters listed below.
    Sale price for Lithium concentrate at 5.3% Li2O = 1,150 US$/t concentrate FOB Mine.
    Mining costs: US$2.43 /t mined Processing costs: US$10.7/t ore milledG&A: US$4.0/t ROM (run of mine)Exchange rate US$5.2 = R$1Mineral Reserves are the economic portion of the Measured and Indicated Mineral Resources97% Mine Recovery and 3% Mine Dilution Final slope angle are 35 and 52 degrees for overburden and fresh rock based on the
    Geotechnical Document Strip Ratio = 21.04 :1 t/t (waste)/(mineral reserves)The Qualified Person for the estimate is Iran Zan, Geologist
 
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