Latin Resources Limited (ASX: LRS) (“Latin” or “the Company”) is pleased to provide an update on the program of resource definition drilling at the Company’s 100% owned high-grade Colina Lithium Prospect (“Colina”) in Brazil (Appendix 1 and Figure 1).

HIGHLIGHTS

• Final assay results from resource definition drilling at the Colina Prospect have returned further outstanding intersections, confirming the continuity of high-grade at depth and along strike. Results include:
  
  • SADD038: 10.91m @ 1.52 %Li2O (92.31 - 103.22m)
    Incl. 5.00m @ 2.01 %Li2O (93.00 - 98.00m)
  • SADD039: 8.19m @ 1.61 %Li2O (129.76 - 137.95m)
    Incl. 4.00m @ 2.21 %Li2O (133.00 - 137.00m)
  • SADD039: 25.00m @ 1.47 %Li2O (245.00 - 270.00m)
    Incl. 10.00m @ 1.78 %Li2O (255.00 - 265.00m)
  • SADD040: 7.41m @ 1.61 %Li2O (148.21 - 155.62m)
    Incl. 2.62m @ 2.37 %Li2O (153.00 - 155.62m)
  • SADD042: 8.70m @ 2.16 %Li2O (302.30 - 311.00m)
    Incl. 5.70m @ 2.66 %Li2O (302.30 - 308.00m)
  • SADD047: 10.23m @ 1.59 %Li2O (68.43 - 78.66m)
  • SADD047: 5.80m @ 1.82 %Li2O (69.20 - 75.00m)
    
• With the addition of the final resource drilling results at the Colina Prospect, the delivery of a maiden JORC Mineral Resource Estimate (“MRE”) remains on track for December 2022

“The Company’s maiden JORC Mineral Resource Estimate is on track to be delivered in December after incorporating these final results which continue to showcase the consistent nature of the pegmatite mineralisation at Colina.

“With the MRE drilling completed at Colina, the rigs can shift their focus to the recently discovered Colina West pegmatites with the aim of incorporating this second area into the PEA and other studies that the Company has underway.”

Colina Prospect – Resource Definition Drilling

Resource definition diamond drilling and assaying is now complete. With the final results being incorporated into the resource model, a December 2022 release of a maiden MRE for Colina is on schedule.

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.