Latin Resources Confirms Argentinian Lithium Extensions

THE DRILL SERGEANT: Latin Resources (ASX: LRS) is currently undertaking a program of reverse circulation (RC) drilling at the company’s lithium project in Catamarca, Argentina.

Latin Resources said the drilling is continuing and progressing well with first pass exploration reverse circulation drilling at the Ipizca II target last week.

Drilling is nearing completion at Reflejos del Mar with a total of thirteen holes having been drilled to a range of final depths of between 24 metres to 126m.

Latin Resources said all drill holes so far, except for two, contain spodumene bearing pegmatite intercepts with apparent thicknesses ranging of 1m to 9m.

Intercepts range in depth from 9m to 47m and visible spodumene has been evident in all pegmatite intercepts.

“The extension of strike and apparent thickness of intercepts of the pegmatites is extremely encouraging for our Catamarca project,” Latin Resources managing director Chris Gale said in the company’s announcement to the Australian Securities Exchange.

“The visible spodumene in all intercepts is even more encouraging this is now proving our theory that we do have lithium spodumene at depth at these historical lithium mines.

“The positive drilling results in our first two target projects, Ipizca II and Reflecto de Mar, gives us great confidence moving forward with the rest of our concession holdings.

“We have two more targets, Campo el Abra and Santa de Gertrudis, yet to drill in the first pass campaign.

“However, if you take into consideration these four targets represent eight per cent of our total landholding of 76, 000 hectares at Catamarca there is incredible scale yet to be tested on our lithium project at Catamarca.”

Email: info@latinresources.com.au

Website: www.latinresources.com.au