News
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
RELATED STOCKHEAD STORIES
Mining
Latin Resources set to deliver early Xmas present with a lithium resource upgrade at Colina
Mining
Predator and Prey: South America is boosting its lithium profile and these ASX stocks are attracting M&A interest
News
In Case You Missed It: Lithium and gold and data centres lead the way
News
In Case You Missed It: Lithium hits and a West African gold producer in the takeover crosshairs
News
In Case You Missed It: A bumper brain cancer trial and solid lithium hits
Mining
Latin Resources takes flight with massive $35m placement to further develop lithium asset in Brazil
News
Rise and Shine: Everything you need to know before the ASX opens
News
Closing Bell: Bad week for benchmark; signals of a Sino solution, however, if Albo is able
News
In Case You Missed It: Lithium takeover, a new lithium discovery and a gold asset sale
News
ASX Small Caps Lunch Wrap: Which tiny Scottish village has a killer clown problem this week?
Mining
Latin Resources targets cluster of pegmatites in drilling effort to prove up ‘district scale’ lithium potential at Salinas
Mining
Latin spins out Lachlan Fold project to double down on advanced Brazilian lithium play
Stockhead TV
Long Shortz with Latin Resources: Brazilian lithium developer gets supercharged with ‘outstanding’ PEA
News
In Case You Missed It: High grade antimony and sneaky takeover attempts
News
ASX Small Caps Lunch Wrap: Who’s just dying to make a bit of spare cash this week?
News
ASX Large Caps: ASX falls on first trading day of October as US avoids government shutdown
News