Latin Resources Limited (“Latin” or the“Company”)(ASX:LRS) is pleased to provide an update on the maiden diamond drilling campaign at the Company’s Salinas Lithium Project in Brazil (“Salinas” or the “Project”), where drilling continues to intersect wide, shallow dipping spodumene rich pegmatites (Figure 1).


Drilling of the initial six Priority 1 drill holes across four drill sections in the southern target area (Figure 2) is nearing completion, with all six holes intersecting a series of stacked spodumene pegmatites. Logging has confirmed that the individual pegmatites range in true thickness to a maximum of 21.1m, with a cumulative intersection of over 36m in hole SADD004 (Figure 2, Table 1).


HIGHLIGHTS

• Six diamond drill holes completed, on four sections covering 500m of strike, with all holes intersecting multiple spodumene bearing pegmatites.

• Cumulative pegmatite intersections of up to 36.1m true thickness encountered in one hole, with individual pegmatites up to 21.1m true thickness. All pegmatites are open along strike and down dip.

• Samples for the first four holes have been dispatched to the laboratory for analysis, with the first assay results anticipated in the next few weeks.

• Drilling focus has moved approximately 500m to the north to drill Priority 1 drill holes in the northern target area.


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This article includes content from Latin Resources, 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.

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