Latin Resources Ltd (ASX:LRS) has recently transitioned into the lithium sector, and has secured an expansive lithium footprint in Argentina.
More than half of the world’s known lithium reserves are located in Argentina, Bolivia and Chile.
LRS and joint-venture partner Lepidico Limited, have applied for 70,000 hectares of exploration tenements in Argentina which have been lodged at the Catamarca Province mines office.
LRS has now been granted a trading halt by the ASX, pending details in relation to a claim for additional exploration tenements.
The halt will remain in place until the earlier of an announcement being made to the market, or the opening of trade on Wednesday 15th June 2016.
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