Latin Resources Ltd (ASX:LRS) executive director Chris Gale talks Proactive through the first mineral resource estimate (MRE) for Colina lithium deposit at the 100%-owned high-grade Colina Project in Brazil. The deposit hosts a resource of 13.3 million tonnes at 1.2% lithium dioxide at a cut-off of 0.5% lithium dioxide with 2.08 million tonnes in the indicated category and 11.17 million tonnes inferred. There is also upside potential with an Exploration Target.
Latin Resources discusses maiden lithium resource for Colina deposit