Latin Resources (ASX:LRS) is expecting to receive assay results from drilling in the coming days from its Ancasti Lithium Project in located Catamarca, Argentina.
The samples are prepared by a lab in Mendoza and then flown to a Vancouver lab for final analysis, which has caused a small delay.
Samples have now been received by the Vancouver lab and assaying has commenced.
Latin visually confirmed that 11 of 13 drill holes in the current drilling program contain significant spodumene pegmatite intercepts and all intercepts contain visible spodumene.
The apparent thicknesses of the pegmatite intercepts ranges from 1-9 metres and the intercepts range in depth from 9-47 metres.
Current drilling is targeting an initial four targets being Ipizca II, Reflecto De Mar, Campo el Abra and Santa Gertrudis.
The positive visual preliminary drilling results from the first two targets, Ipizca II and Reflecto de Mar, provide confidence moving forward to the next two targets.
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