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 a Global Mineral Resource Estimate of 70.3Mt @ 1.3% Li2O
The classification of this JORC MRE includes:
• Colina Deposit MRE- 63.5Mt @ 1.3% Li2O (1.73Mt @ 1.47% Li2O Measured + 39.29Mt @ 1.36% Li2O Indicated) + 22.47Mt @ 1.21% Li2O Inferred.
• Fog’s Block Deposit MRE- 6.8Mt @ 0.9% Li2O Inferred.
The Company recently defined a Preliminary Economic Assessment (PEA) which contemplates a proposed 3.6Mtpa standalone mining and processing operation over two phases. where the economics show after-tax NPV8% of A$3.6 billion (US$2.5 billion) and combined after-tax IRR of 132%.
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.
KEY PEOPLE
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Mr David Vilensky | Non-Executive Chairman
read moreDavid Vilensky is a practising corporate lawyer and an experienced listed company director. He is the Managing Director of Perth law firm Bowen Buchbinder Vilensky and has more than 35 years’ experience in the areas of corporate and business law and in commercial and corporate management. Mr Vilensky practises in the areas of corporate and commercial law, corporate advisory, mergers and acquisitions, mining and resources and complex dispute resolution.
Mr Vilensky acts for a number of listed and public companies and advises on directors’ duties, due diligence, capital raisings, compliance with ASX Listing rules, corporate governance and corporate transactions generally.
Mr Vilensky is also a non-executive director of ASX listed telecommunications and technology company Vonex Ltd (ASX:VN8). -
Christopher Gale | Managing Director
read moreChristopher (Chris) Gale is the founder (2008) and Managing Director of Latin Resources. Mr Gale has extensive experience in senior management roles in both the public and private sectors, especially in commercial and financial roles. He has also held various board and executive roles at several mining and technology companies during his career.
Mr Gale is also a non-executive Chairman of Solis Minerals Ltd. (ASX:SLM TSXV: SLMN) (appointed July 2018) and Non-Executive Chairman of Oar Resources Limited (ASX: OAR). Chris is the former Chairman of the Council on Australian Latin American Relations (COALAR) from 2012 to 2018, which was established by the Australian Government Department of Foreign Affairs and Trade (DFAT) in 2001.
He is a founding director of Allegra Capital, a boutique corporate advisory firm based in Perth and is a member of the Australian Institute of Company Directors (AICD). -
Peter Oliver | Non-Executive Director
read moreFor the last 15 years Mr Oliver has been CEO/MD of Talison Lithium and then a corporate adviser to Tianqi Lithium. In this role he assisted Tianqi both in its M&A activity and in recruiting key personnel to establish Tianqi’s growing presence outside of China.
With a background in Chemistry Mr Oliver’s early career was in operational mining roles, with a focus on process improvements and structural optimisation. This included roles as General Manager of Talison’s Greenbushes and Wodgina mines and as COO of Talison.
Through his career Mr Oliver has built an extensive skill set in mining operations, developing and leading strong corporate teams, managing a public company, and acting as an adviser in corporate structures and global M&A and financing.
