Announcement Date: 2022-04-11
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Latin Resources Ltd.
Project name: Salinas
Location: Brazil
Commodities: Lithium
Highlight: Drilling results incl. 17.38m @ 1.46% Li2O from 119.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Latin Resources Limited (ASX: LRS) (“Latin” or “the Company”) is very pleased to announce that the latest assay results from drilling at the Salinas Lithium Project in Brazil, continue to confirm high-grade lithium with a peak grade of 2.0m @ 3.07% Li2O returned in hole SADD0041 . These continued very positive results from the Salinas Lithium Project in Brazil provide Latin with the confidence to expand the drilling team to facilitate the fast tracking of systematic mineral resource definition drilling. Results received from sampling of diamond drill holes SADD003 and SADD004 (Figure 2), have confirmed previously reported observations from drill core logging, with a close correlation to the estimated spodumene abundances2 . Grade correlations down hole and between the two main lithium bearing pegmatites (Peg_1 and Peg_2) continue to demonstrate continuity of the mineralisation along strike and down dip, with the emerging pegmatite swarm remaining open in all directions (Figure 2 and Figure 3).
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