THE DRILL SERGEANT: Latin Resources (ASX: LRS) provided a rundown of recent activity at the company’s 100 per cent-owned Noombenberry halloysite-kaolin project, near Merredin in Western Australia.
Latin Resources is currently advancing the Cloud Nine deposit at Noombenberry through preliminary and Pre-Feasibility (PFS) mining studies.
The company has recently completed a campaign of Resource infill and extension drilling and sampling, that results from which are expected to provide sufficient data to increase the current Inferred MRE to a JORC Indicated and potentially Measured classification.
In May, Latin announced a maiden Mineral Resource Estimate of 207 million tonnes of kaolinised granite, which included separate domains containing 123 million tonnes of bright-white kaolinite and 84 million tonnes of kaolin/halloysite-bearing material.
Results from close spaced drilling to confirm continuity of Ultra-High brightness (+80 ISO-B) kaolinite at Cloud Nine, include:
10 metres at 85.8 ISO-B from 10m; and
24m at 83.4 ISO-B from 14m.
Early results from initial metallurgy indicate improved yields may be achieved from the fine fraction of the kaolinised granite.
“These latest results from our close spaced drilling are exceptional,” Latin Resources exploration manager Tony Greenaway said in the company’s ASX announcement.
“They have exceeded our expectations, in that they have shown that for this area, the thickness and brightness of the kaolinite zone and grades of the halloysite zone are far better than our Inferred block model suggests.
“This finding will have a significant impact on our next phase of resource estimation as we look to upgrade our model from Inferred to Indicated and potentially Measured in this area.
“These results have also given us the confidence to step-up the pace of our preliminary mining studies, as we move to fast-track the Cloud Nine deposit towards a potential DSO operation.”