Company
Latin Resources Ltd
ASX:LRS
Latin Resources Limited (ASX: LRS) is an Australian-based mineral exploration company, with projects in South America and Australia, that is developing mineral projects in commodities that progress global efforts towards net zero emissions. The company is focused on its flagship Colina Lithium Project in the pro-mining district of Minas Gerais Brazil, where the company has defined a maiden mineral resource of 45.2 million tonnes at 1.32% lithium oxide, reported above a cut-off of 0.5% lithium oxide.
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Latin Resources achieves key milestones at Colina Lithium Project in Brazil
“The company will have a major focus on the Yarara Gold Project in NSW once permission is granted from landowners to commence exploration,” says MD.
Rare earths & specialist minerals
FIVE at FIVE AU: House prices set for 2024 revival; is lithium set for a fall?
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news.
Rare earths & specialist minerals
Latin Resources highly encouraged by REE analysis at Cloud Nine
“The initial analyses for REEs are highly encouraging with a high proportion of magnetic rare earth oxides which are critical to the battery evolution,” Latin Resources managing director Chris Gale said.
Rare earths & specialist minerals
Latin Resources initiated with a buy rating and a valuation of A$0.18/share: Bell Potter
“The maiden Mineral Resource Estimate expected by the end of 2022 for our Colina deposit should pave the way for fast-tracked feasibility studies through 2023, alongside other significant key value drivers over the next 2 years” said Latin’
Latin Resources confirms Colina high-grade lithium continues at depth; maiden resource estimate on track for December
“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,” said explorat
Latin Resources completes collection of bulk samples from test-pit trial mining to advance offtake discussions
“The bulk samples have now been sent to the potential customers for final analysis. We are also working on our scope of works, along with mine permitting for a DSO style product to sell to our potential customers," said MD Chris Gale.
Latin Resources doubles down at Colina West, fields ultra high-grade lithium during resource drilling
The company has drilled all holes required for its maiden resource estimate at the Brazilian project, which remains on track for release in December 2022.
Latin Resources recruits leading lithium director for board seat
Peter Oliver hails from Talison Lithium, which owns and operates the world’s largest lithium mine – Greenbushes in Western Australia.
Latin Resources unearths more high-grade lithium amid Colina resource drilling
The company’s diamond drilling campaign remains on track to deliver the prospect’s maiden lithium resource in December this year, with a third of the 100-hole program under its belt.
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Latin Resources welcomes test work confirming high lithium recovery rates from Salinas Lithium Project using cost-effective process
Results of the test work show that simple heavy liquid separation was able to recover 78.72% of the lithium dioxide into a concentrate grading a very high 6.57% lithium dioxide.
Rare earths & specialist minerals
Latin Resources hits broad pegmatite intersection of 18.75 metres at Colina West in the Salinas Lithium Project of Brazil
“We knew there were additional parallel pegmatite systems out to the west; getting these spodumene intersections confirms the very high prospectivity of the wider project area," exploration manager Tony Greenaway said.
Rare earths & specialist minerals
Latin Resources fast-tracks feasibility studies for Salinas lithium play
Latin expects to deliver its maiden JORC mineral resource for Colina by year’s end and complete the PEA by March 2023.
Latin Resources fields high-grade lithium up to 4.22% in resource drilling at Colina in Brazil
“We are very pleased with the progress being made on site in Brazil, with activity on multiple fronts including the systematic resource definition diamond drilling, and our latest results continuing to show excellent high-grade lithium inte
Latin Resources doubles prospective strike at Colina Lithium Prospect with acquisition of more tenure
“We are very pleased to be able to secure this additional ground to the south of our Colina Prospect, where drilling shows that our high-grade pegmatites are open and continue to the south in this direction,” exploration manager Tony Greena
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Latin Resources exercises option to acquire Peep O’Day gold prospect in New South Wales
Latin has moved to acquire the Peep O’Day gold prospect in the Lachlan Fold Belt of New South Wales, where previous exploration has indicated the presence of a high-grade gold structure.
Rare earths & specialist minerals
Latin Resources fields exceptionally bright kaolin from Cloud Nine infill program
Even ahead of a planned resource update, Cloud Nine remains one of Australia’s largest underdeveloped kaolin-halloysite deposits.
Latin Resources hones in on lithium potential at Colina thanks to new drilling results
All things considered, Latin believes the results highlight the upside potential for new pegmatite zones within the Colina prospect.
Rare earths & specialist minerals
Latin Resources extends Colina lithium prospect strike to more than 1 kilometre
“The more we drill at Colina, the more confident we are becoming that we are onto something very significant,” says exploration manager.
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Latin Resources continues to receive positive visual results from resource definition drilling at the Colina prospect in the Bananal Valley Lithium Corridor
Latin Resources intersected multiple zones of spodumene, visually estimated to contain over 20% mineralisation, in resource definition drilling at the Colina Prospect within the Bananal Valley Lithium Corridor.
Latin Resources hits more than 27 metres of spodumene in resource definition drilling at Colina Prospect of Bananal Valley Project in Brazil
“While this is early days in the large 25,000-metre campaign, the company is committed to fast-tracking the project toward the estimation of a maiden JORC mineral resource by the end of the year. We are also very pleased to be drilling at o
Latin Resources expands Bananal Valley lithium footprint thanks to tenement acquisition
The expansion brings the explorer’s ground position in the iconic Bananal Valley district up to 6,230 hectares, where multiple drill targets have already been defined within a prospective lithium corridor.
Latin Resources exercises option to acquire new tenement in Brazil, creating lithium corridor with Salinas Lithium Project
“Based on what we have seen so far from the results of the current maiden diamond drilling, we are very confident that this tenement contains significant potential for high-grade lithium pegmatites. The next phase of drilling is aimed at pr
Latin Resources unearths thickest lithium intersection to-date with 21.1 metres at 1.20% from Salinas Project in Brazil
"We continue to receive exceptional assay results from our Bananal Valley Prospect. This continues to get more encouraging every day. We are also very excited to be commencing drilling at our new Monte Alto Prospect," says MD Chris Gale.
Rare earths & specialist minerals
Latin Resources raises $35 million to fast-track drilling program at Salinas
Latin wants to secure a further two rigs, to take the total fleet to four rigs in Brazil. This will enable the company to rapidly establish project scale by escalating the drilling campaign with a focus on drilling at least 25,000 metres at
Latin Resources assays confirm high-grade lithium and will help fast track resource definition drilling
“These new assay results from the latest two holes drilled in the South Target Area of the Salinas Lithium Project, are once again extremely pleasing. We have now confirmed our initial observations that the logged lithium bearing pegmatites
Latin Resources expands land package with new tenement as it gets set to fast track drilling
“We are very pleased to have secured the Monte Alto tenement area, and we are very confident that this tenement contains additional drill-ready high-grade lithium pegmatites,” Latin Resources’ managing director Chris Gale said.
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Latin Resources receives $1.2 million in early exercise of options by Integra Capital founder
Latin Resource's largest shareholder, founder of Integra Capital Jose Luis Manzano, has doubled his share holding in the business with an early options exercise, delivering $1.2 million to the company's coffers and demonstrating his continu
Latin Resources fields up to 3.22% lithium oxide from first two holes in Salinas drill program, shares jump
Latin’s drilling campaign will continue to focus on the Southern Target, where the company intends to soon commence infill and step-out drilling.
Rare earths & specialist minerals
Latin Resources advances Cloud Nine Halloysite-Kaolin Deposit toward production with bulk sampling and offtake qualification testing
“We have been in detailed discussions with a number of potential offtake partners for both Cloud Nine kaolinite and halloysite products, and the shipment of bulk product samples from the planned test-pit will be a significant step forward,"
Rare earths & specialist minerals
Markets move to higher ground and the LME is back, baby!
Travel stocks may well have been higher as, in February, 300,000 people entered Australia from overseas – the largest number of travellers since March 2020 (effectively two years ago).
Latin Resources higher on uncovering thick, spodumene-bearing pegmatites open in all directions at Salinas
“The whole team at Latin Resources is ecstatic about the continual positive drilling results from our Salinas Lithium Project,” says MD.
Latin Resources has early success at Salinas Lithium Project in Brazil with promising drill core returns
"We are continuing to intersect the three separate pegmatites in the drilling, but importantly, we have indications that these pegmatites are increasing in thickness along strike to the south, as well as down dip," MD Chris Gale said.
Latin Resources inks $2.5 million option funding agreement to advance lithium projects in Brazil
“This innovative funding facility provided by our funding partner, Lind, provides the company necessary working capital to continue to drill the newly discovered spodumene pegmatites in our Brazilian portfolio without the need for an equity
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Latin Resources' new website announces its focus on the environmentally friendly mining of the future
Investors can register on the website for regular updates, invitations to webinars and presentations with managing director Chris Gale and exploration manager Tony Greenaway.
Latin Resources hits multiple spodumene pegmatites in first drill hole at Salinas
Latin plans to drill 14 diamond holes, spanning 2,000 metres, in its first phase of drilling at the Salinas property.
Citi upgrades Macquarie and travel stocks soar as ASX reaches three-week high
Shares in local airlines and travel booking groups rallied on Monday after the announcement, and advanced further on Tuesday.
Latin Resources readies for pioneer drill campaign at Salinas Lithium Project, shares up
With the drill campaign set to commence in the coming days, Latin is preparing to explore a prolific lithium district.
Latin Resources reports on ESG highlights for December quarter
Latin’s approach to ESG reporting revolves around a key mission statement: “Developing minerals to provide the planet with environmentally sustainable products.”
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Latin Resources' final XRD results confirm continuity of high‐grade and thickness of halloysite-bearing kaolinised granite at Cloud Nine deposit
A specialised drilling contractor has been secured to complete geotechnical drilling and metallurgical drilling, with drilling scheduled to commence in February
Latin Resources set to kick off diamond drilling at Salinas Lithium Project
“We are confident the testing of multiple high priority targets at Salinas will deliver positive news over the next few months,” says MD.
Rare earths & specialist minerals
Latin Resources grows Cloud Nine deposit with more intercepts of consecutive high-grade halloysite
Latin Resources has solidified the Cloud Nine deposit, with more high-grade halloysite hits indicating good continuity of the resource. The company intends to leverage machine learning-based tools to more cost-effectively plan production an
Latin Resources welcomes Solis Minerals’ progress towards ASX listing
As Solis gears up to hit the ASX on Christmas Eve, it’s finalising its initial public offering and giving Latin investors a chance to get in on the action by December 10.
Latin Resources expands Salinas Lithium Project to 5,338 hectares, drilling planned for February
“Our geological team is extremely keen to commence drilling in early 2022, testing multiple high priority targets at Salinas. In addition, the option agreement to acquire two tenements next door to Bananal Valley significantly increases the
Rare earths & specialist minerals
Latin Resources unveils $3.2 million research project to curb methane emissions in agriculture industry
The three-year, $3.2 million project led by Professor Ravi Naidu and funded by Latin will kick-in during January 2022.
Rare earths & specialist minerals
Latin Resources on Cloud Nine following exceptionally bright kaolinite, high-grade halloysite results
The strong assays bolster confidence in the Cloud Nine deposit, inspiring Latin to expedite mining studies for the broader Noombenberry asset.
Latin Resources extends option on highly prospective lithium tenement as it looks to identify drill targets
“The field team has identified significant spodumene outcrop that will potentially grow into a lithium mineral resource. The next step is to identify high profile lithium drill targets and commence drilling as soon as we can,” Gale said.