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Latin Resources Limited (ASX: LRS) is an Australian-based mineral exploration company, with projects in South America and Australia, that is developing mineral projects in commodities that progress global efforts towards Net Zero emissions.
The Company is focused on its flagship Salinas Lithium Project in the pro-mining district of Minas Gerais Brazil, where the Company has defined its maiden JORC Mineral Resource Estimate at the Colina Lithium Deposit of 13.3Mt @ 1.2% Li2O.
Significant upside growth potential has been established at Colina, with an exploration target of 13.5Mt to 22Mt @ 1.2% – 1.5 % Li2O. Latin has commenced a 65,000m drilling campaign at the Colina and Colina West Deposits to fast-track rapid resource growth.
The Company has appointed leading mining consultant SGS Geological Services for feasibility studies at the Salinas Lithium Project.
Latin also holds the Catamarca Lithium Project in Argentina and through developing these assets, aims to become one of the key lithium players to feed the world’s insatiable appetite for battery metals.
The Australian projects include the Cloud Nine Halloysite-Kaolin Deposit. Cloud Nine Halloysite is being tested by CRC CARE aimed at identifying and refining halloysite usage in emissions reduction, specifically for the reduction in methane emissions from cattle.
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