Recommencement of Field Work at Catamarca Lithium Project, Argentina; Drilling Commences At Mt03 Copper Project, Peru

Latin Resources Limited (ASX: LRS) (“Latin” or “the Company”) is pleased to provide the following update on recent reconnaissance exploration activities at the Company’s high-grade Catamarca Lithium Project (“Catamarca”) in Argentina (Appendix 1 and Figure 1) and MT 03 project in Peru.

• Priority areas for ongoing exploration work highlighted in recent on-ground reconnaissance field work by Latin’s Geological team, including new areas of outcropping spodumene pegmatites in the Northwest Alto Project Area.
• Previously reported1 drilling intersected high-grade lithium bearing pegmatites at Northwest Alto, including:
  • LCRC004: 3.0m @ 2.98% Li2O from 90m
  • LCRC002: 4.0m @ 2.3% Li2O from 30m
  • LCRC001: 6.0m @ 1.62% L12O from 18m
• New exploration work will include detailed and systematic geological mapping, outcrop rock chip sampling along strike from the known spodumene bearing pegmatites, designed to identify and pave the way for the next stage drilling targets.
• The Company will also commence a program of detailed Catamarca community liaison with landholder groups, as part of its strong and ongoing commitment to the region.
• The drilling of two scout holes at the MT03 Copper project has commenced

Latin Resources’ Exploration Manager, Tony Greenaway, commented:

“It was good to get on the ground in Argentina. The site visit has confirmed my belief that the Catamarca Project has the potential to host a significant high-grade lithium deposit. Our initial work has shown that the project contains outcropping spodumene rich pegmatites, with early drilling results returning high-grade intersections.

“Our next phase of work will be aimed to developing our understanding of this fertile pegmatite system, through systematic mapping of the spodumene occurrences, coupled with detailed surface sampling to define follow-up drill targets.

“In parallel with this work we will be re-establishing our link with the wider Catamarca regional community though a program of ongoing and sustained community consultation via a network of local community representatives.

It is great to finally commence drilling at our MT03 copper target in Peru as well ”

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