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23.0¢ latin resources limited

Projects: GOLD/HALLOYSITE/LITHIUM/COPPER/HEAVY METALS, page-79

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Aussie Stonker

148 Posts.

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01/12/20

13:25

Post #: 49266441
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Originally posted by 1%aday: ↑

Sure thing mate.

The company initially said drilling in Dec quarter then in an interview CG said November and finally the Ann said drilling early December

Drilling company secured so it's no longer guess work. I expect drilling to start any day now.

They did use a hand held detector at Oar drilling which can give early readings although it's not reliable to a point where the company will use it in Announcement but we will get early signs from the wording of the ANN, reading between the lines so to speak

They will be using a local lab for assaying so turn-around shouldn't be too long. If we are lucky and get the samples in just in the nick of time , we should get results before Christmas, otherwise we will have to wait till early Jan I guess.

Phase 2 drilling will be scheduled, I suspect, before assay results. I base that on the readings they get from the hand-held analyzer. We will use the same drilling company most probably, so equipment can be mobilized quickly.

If all goes to plan, a maiden Jorc by early March.

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Thanks mate. Just to be clear this is for the Noombenberry Halloysite Project right?

LRS Price at posting: 3.7¢ Sentiment: None Disclosure: Not Held
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