Big, wide pegmatites hits for Latin Resources in first two Colina prospect drill holes
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Drilling at the Colina prospect continues to show excellent results with logging confirming the down dip continuation and thickening of the previously intersected high-grade lithium pegmatites.
This program, which comprises an estimated 100 holes for roughly 22,000 – 25,000m will focus on a strike extent of 800m, where previous drilling has identified high-grade lithium bearing pegmatites.
The first two holes of the program have intersected wide pegmatites with a central core logged with significant spodumene.
Latin Resources (ASX:LRS) says intersections are notably wider than previous intersections in adjacent drill holes and confirm the significance of the Colina pegmatites.
The first hole of the resource drilling campaign, SADD0161, intersected a “very wide” 27.78m of coarse-grained fresh pegmatite, with geological logging identifying a core zone of 21.48m and a visual estimation of spodumene of more than 20%.
Meanwhile, logging of drill hole SADD0172, which was drilled immediately down dip from SADD016, has also confirmed a significant intersection of spodumene bearing pegmatite.
LRs believes this demonstrates the strong continuity of the pegmatites at the Colina Prospect.
At the company’s Monte Alto prospect, drilling has shifted focus to the immediate area where re-mapping of outcrop has confirmed the presence of large weathered spodumene crystals at surface.
Logging has confirmed that both drill holes MADD004 and MADD005 have intersected pegmatite, however no material spodumene was logged in the core
This article was developed in collaboration with Latin Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.