Latin Resources Logo

Colina Lithium Prospect Mineralised Strike Extends to Over 1KM

Latin Resources Limited (ASX: LRS) (“Latin” or “the Company”) is pleased to provide the latest assay results from diamond drilling at the Company’s 100% owned high-grade Colina Lithium Prospect (“Colina” or the “Project”) in Brazil, where latest results have extended the known high-grade lithium pegmatites to over one kilometre along strike. Mineralisation remains open to the south.


HIGHLIGHTS

     
  • The latest results from diamond drilling in the northern limits of the Colina Prospect have extended the mineralised strike length for Colina to over one kilometre.
  • Recent assay results include:

 

  • Logging of drill core has confirmed that the high-grade pegmatites at Colina remain open to the south, with over 14.68m and 14.41m of spodumene-bearing pegmatite logged in the southernmost holes drilled to date.

Latin Resources’ Exploration Manager, Tony Greenaway, commented:

“These latest assay results from Colina are very pleasing, extending our zone of high-grade lithium by roughly 250m to the north. We are continuing to get excellent high-grade results in from our sampling, and now have confirmed high-grade lithium intercepts over a strike length of approximately 900m and combined with drilling further to the south showing good spodumene mineralisation in drill core, we now have a strike of over one kilometre to test with our resource definition drilling.

“The more we drill at Colina, the more confident we are becoming that we are on to something very significant. We are working with a range of consultant groups, including mining and metallurgical groups to commence preliminary study work

Colina Prospect – Resource Definition Drilling Latest assay results from diamond drilling at the Company’s 100% owned Colina Lithium Prospect have extending the known high-grade lithium pegmatite mineralisation to over 900m (Figure 1). Results include:

 

 

Logging of drill core from holes SAD014 and SADD015, which are the southernmost holes drilled to date, have confirmed the presence of significant widths of spodumene bearing pegmatites (Table 1), extending the known occurrence to over one kilometre along strike, with mineralisation remaining open to the south.

The current close spaces resource definition drilling will aim to test this fill strike extent, to approximately 400m down dip, with 100m x 50m drill spacing. Data from this drilling will be used in the calculation of the Maiden JORC Mineral Resource Estimate (MRE), for the Colina Prospect. Discussions with suitably qualified independent resource consultant groups have commenced, with an anticipated delivery timeframe of December 2022.

Click here for the full ASX Release

This article includes content from Latin Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

LRS:AU
The Conversation (0)
Magnifying glass focusing on the Albemarle website logo.

Albemarle's Commitment to Sustainability Shines in New Report

As global demand for critical minerals intensifies, Albemarle (NYSE:ALB) continues to position itself as a global leader not only in lithium production but also in sustainable practices.

In its newly released 2024 sustainability report, titled “Values-Led, Purpose-Driven,” the company underscores its commitment to reducing its environmental footprint across six continents, supporting global supply chains and promoting human rights across operations.

From cutting freshwater intensity at its Chilean operations by 28 percent to procuring 24 percent of its electricity from renewable sources, Albemarle is striving to grow its energy storage business while keeping carbon emissions flat, as it translates ESG goals into action.

Keep reading...Show less
Salt flats with text overlay: '5 Top Australian Mining Stocks This Week'

Top 5 Australian Mining Stocks This Week: Argosy Climbs 89 Percent on Rincon Lithium Spot Contract

Welcome to the Investing News Network's weekly round-up of Australia’s top-performing mining stocks on the ASX, starting with news in Australia's resource sector.

This week's top performing stocks includes firms focused on a wide variety of metals, including lithium, rutile and manganese. Lithium stocks, including top gainer Argosy Minerals (ASX:AGY), picked up momentum this week as prices moved upwards for a second straight week.

Companies focused on magnetite and rare earths were also among the week's top performers, including Freehill Mining (ASX:FHS), which saw its shares surge following insider buying from key executives including Chairman Benjamin Jarvis.

Keep reading...Show less
Metallic battery with a world map etched on it, against a dark background.

3 Key Themes from Fastmarkets' 2025 Lithium Supply & Battery Raw Materials Event

Market volatility, Chinese control, supply chain risk mitigation and financing emerged as some of the most prevalent themes at the 2025 Fastmarket’s Lithium Supply Battery Raw Materials (LBRM) conference in Las Vegas.

The event, which is in its 17th year, drew a crowd of roughly 1000 delegates, industry experts and analysts, to discuss the current landscape and future projections of the battery materials sector.

During his opening remarks, Fastmarkets CEO Raju Daswani highlighted the growth and maturation the battery raw materials sector has experienced.

Keep reading...Show less
Metals Australia (ASX:MLS)

Metals Australia


Keep reading...Show less
Futuristic skyline with electric car chargers and glowing cityscape at sunset.

Expert: African Lithium Key to China's Battery Supply Chain Dominance

With the global shift to electric vehicles (EVs) accelerating, China is cementing its dominance over the lithium supply chain by pouring investment into African mines, creating a new center of gravity for the battery metal.

Speaking at the Lithium Supply Battery Raw Materials conference, Claudia Cook senior analyst at Fastmarkets offered a sweeping assessment of how China is reshaping global lithium flows and why Africa will be crucial in the next decade.

Cook laid out in detail how China’s lithium strategy is evolving. As the world’s largest EV market, China needs a consistent, low-cost supply of lithium — but its domestic production is increasingly insufficient.

Keep reading...Show less

Latest Press Releases

Related News

×