Please be aware that the information provided is a summary of select releases made to the ASX, as evaluated and interpreted by ASX Briefs. It is important to thoroughly read the entire original release before forming an opinion, rather than relying solely on the brief overview presented here. ASX Briefs is not associated with the ASX. ASX Briefs is an experimental AI project incorporating chatGPT, and as such, does not guarantee the accuracy of the information provided.
Spodumene rich pegmatites, correlated with potential lithium sources, have been intersected in multiple drill locations in Latin's lithium corridor, signifying a significant extension of the 'Colina pegmatite system'. Assay results remain pending.
Initial drilling and mapping results confirm the presence of a 'district scale' lithium corridor within Latin's tenements, potentially extending up to 26 km southwest of the Company's flagship 45 Mt Colina Deposit.
Latin Resources' VP Operations - Americas, highlights these findings as significant and validating their regional interpretation of a mineralised pegmatite system. Continuous drilling will aim to expand the current resource base at Colina and fully understand the larger regional system.
Latest drilling results continue to confirm the expansion of the Colina pegmatite swarm, providing additional confidence in a significant resource upgrade in June.
Systematic resource definition drilling progressing well; high-grade pegmatite swarm extends over an area of approximately one kilometer by one kilometer to a depth of 400m below surface, open in all directions.
Colina JORC Mineral Resource Estimate (MRE) upgrade remains on schedule to be published in June.
Six small footprint diamond drilling rigs have arrived on site and commenced drilling at the Company’s flagship Salinas Lithium Project in Brazil.
65,000m mineral resource infill and expansion program will focus on fast-tracking the growth of the Colina Indicated and Inferred Mineral Resource, and mineral resource definition for the Colina West Prospect.
Targeted large diameter PQ diamond core drilling program to commence in February.