Skip to content

Latin Resources Ltd. (ASX:LRS; OTCPK:LRSRF) – Results Return Li Mineralization at Depth at Planalto; EIA Submitted


Impact: Positive

Latin reported drill results from its 100%-owned, flagship Salinas Li-pegmatite project in Brazil. Results included assays from one hole (SADD223) at the Planalto prospect, located ~1.8km SW of the Colina deposit. Highlight intercepts from Planalto included 1.29% Li2O over 16.14m and 1.21% Li2O over 9.25m. Mineralization encountered at Planalto was reported at depth, starting at almost 400m, so we don’t see this being included in the mine plan, at least initially. However, the company believes that this system at Planalto actually extends up dip, toward surface, so there may be potential for shallower mineralization with further drilling. A follow-up diamond drilling program is expected to begin shortly, with the aim of delineating a resource in this area. Overall, we believe these are positive results as it continues to confirm the expansion potential of the Colina deposit further along strike to the SW and along the ~12km-long prospective corridor. Additionally, Latin announced it has submitted its EIA for Salinas and made several key appointments. We are encouraged to see management advancing Salinas to the next stage of its development with a final investment decision expected by the end of 2024.

.

Top Stories

COMPANIES

 

Abcourt Mines Inc.
Aeris Resources Limited.
Aero Energy Ltd.
Alaska Energy Metals
Aldebaran Resources Inc.
ALX Resources Corp.
Anfield Energy Inc.
Argentina Lithium & Energy Corp.
Aris Mining Corp.
Aston Minerals Ltd.
Atco Mining Inc.
Atha Energy Corp.
Aura Energy Ltd.
Aurora Energy Metals Ltd.
Aurion Resources
Azincourt Energy Corp.
Aztec Minerals Corp.
Barton Gold Holdings Limited
Baselode Energy Corp.
Blackrock Silver Corp.
Blackwolf Copper and Gold Ltd.
Blue Sky Uranium Corp.
Borealis Mining Company Ltd.
Bradda Head Lithium Ltd.
Brunswick Exploration Inc.
Bunker Hill Mining Corp.
Canada Nickel Company Inc.
CanAlaska Uranium Ltd.
Canterra Minerals Corp.
Cassiar Gold Corp.
CDN Maverick Capital Corp.
Cerrado Gold Inc.
Chalice Mining Ltd.
Clean Air Metals Inc.
Cobalt Blue Holdings Ltd.
Cordoba Minerals Corp.
Critical Elements Lithium Corp.
Defiance Silver Corp.
Delta Resources Ltd.
Denarius Metals Corp.
E3 Lithium Ltd.
EDM Resources Inc.
Electra Battery Materials Corp.
Electric Royalties Ltd.
Empress Royalty Corp.
Energy Fuels Inc.
EnviroGold Global Ltd.
Excellon Resources Inc.
Falco Resources Ltd.
Fathom Nickel Inc.
Fission Uranium Corp.
F3 Uranium Corp.
F4 Uranium Corp.
Flying Nickel Mining Corp.
Foremost Clean Energy Ltd.
Forsys Metals Corp.
Forum Energy Metals Corp.
Galleon Gold Corp.
Giyani Metals Corp.

Global Atomic Corp.
Goldstorm Metals Corp
Goliath Resources Ltd.

GoviEx Uranium Inc.
GR Silver Mining Ltd.
Grid Metals Corp.
Grounded Lithium Corp.
Halcones Precious Metals Corp.
IsoEnergy Ltd.
Japan Gold Corp.
Karora Resources Inc.
Kesselrun Resources Ltd.
Kootenay Silver Inc.
Koryx Copper Inc.
Laramide Resources Ltd.
Latin Resources Ltd.
Libero Copper & Gold Corp.
Lifezone Metals Ltd.
Lomiko Metals Inc.
Lotus Resources Ltd.
Lumina Gold Corp.
Major Drilling Group International Inc.
Mandalay Resources Corporation
Midnight Sun Mining Corp.
Mineros S.A.
MTB Metals Corp.

Murchison Minerals Ltd.

Mustang Energy

Myriad Uranium Corp.

Commodities

  • All Commodities
  • Cobalt
  • Copper
  • Gold
  • Lithium
  • Nickel
  • Royalty
  • Silver
  • Uranium
  • Zinc
All Commodities
  • All Commodities
  • Cobalt
  • Copper
  • Gold
  • Lithium
  • Nickel
  • Royalty
  • Silver
  • Uranium
  • Zinc

Troilus Gold Corp. (TSX:TLG) – The Comeback Kid in Quebec

Blue Sky Uranium Corp. (TSXV:BSK) – Nothing But Blue Sky… From Now On

Empress Royalty Corp. (TSXV:EMPR) – Tahuehueto Achieves 1,000 tpd Throughput Rate, Boosting EMPR Cashflow

Content Filters