Latin Resources Makes Third Salinas Lithium Discovery
THE DRILL SERGEANT: Latin Resources has claimed a third major spodumene discovery within the company’s 100 per cent-owned Salinas lithium project in Brazil.
Latin Resources reported it has received high- grade assay results confirming the discovery at the Planalto prospect.
Assays received have supported the presence of coarse grained spodumene previously observed in drillhole SADD223 with 32.94 metres of intercepts (cumulative) encountered.
Highlights include:
SADD223:
9.25 metres at 1.21 per cent lithium oxide (Li2O) from 395.29m; and
16.14m at 1.29 per cent Li2O from 425m, including 7.14m at 1.63 per cent Li2O from 434m
“I am extremely excited by the progress we have made to date,” Latin Resources managing director Chris Gale said in the company’s ASX announcement.
“This past year has been a transformative period for our company.
“We have achieved significant milestones that not only reflect our commitment to excellence but also underscore our potential for future growth.
“2023 was a busy year for our Brazilian exploration team, resulting in a series of major upgrades and increases to our Mineral Resource of now over 70 million tonnes.”
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