Posted in | News | Mining Business

Latin Resources Limited Announces Exceptional Results, Confirming Scale and High Grade at Planalto Prospect

Latin Resources Limited is pleased to announce the latest drilling results from its Planalto Prospect, confirming the presence of a wide, high-grade mineralisation core. These results further establish the potential for increased tonnage at the Salinas Project, bringing it closer to world-class standards.

Highlights:

  • Recent drilling at Planalto has identified a thick high-grade core of mineralisation extending down dip and up-plunge to the south-west.
  • Significant intercepts include:
    • SADD320: 16.05m @ 2.18% Li2O from 293.29m, 
      • including 9.22m @ 2.54% Li2O from 293.29m 
      • and 3.59m @ 2.52% Li2O from 305.14m.
    • SADD322: 13.83m @ 1.09% Li2O from 293.17m.
    • SADD323: 6.22m @ 1.83% Li2O from 230.38m.
    • SADD311: 5.41m @ 1.96% Li2O from 280.00m.
    • SADD308: 12.59m @ 1.65% Li2O from 260.41m, 
      • including 5.79m @ 2.29% Li2O from 260.41m.
    • SADD306: 4.25m @ 2.57% Li2O from 298.01m.
    • SADD305: 6.63m @ 1.86% Li2O from 401.37m.
  • This high-grade zone remains open along strike in both directions, down dip as wells as up plunge where the mineralised zone is interpreted to extend closer to surface. Additional diamond drilling will be focused on testing the up-plunge extension of this emerging priority target area.
  • A preliminary Mineral Resource Estimate (MRE) for Planalto is scheduled for the September quarter once all assay results are received from the laboratory.
  • The additional Planalto MRE combined with the Colina MRE will confirm that the Salinas lithium project continues to grow to world class Tier one standards.

Latin Resources’ Vice President of Operations - Americas, Tony Greenaway, commented: “The Planalto Prospect shows very similar mineralisation characteristics to our world class tier one Colina Deposit. While the stacked pegmatite lenses at Planalto show a shallower dip to those at Colina, the coarse grained Spodumene only mineralisation is consistent with what we see at Colina. The latest drilling has highlighted an up-dip trend to the high-grade core of mineralisation which will now become the focus of additional drilling.

We [are] scheduling an initial MRE for Planalto in this current September quarter of 2024, which will be based on all of the available drilling and will commence as soon as we have received all of the outstanding assay results from the laboratory.”

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Latin Resources Limited. (2024, July 26). Latin Resources Limited Announces Exceptional Results, Confirming Scale and High Grade at Planalto Prospect. AZoMining. Retrieved on December 10, 2024 from https://www.azomining.com/News.aspx?newsID=18026.

  • MLA

    Latin Resources Limited. "Latin Resources Limited Announces Exceptional Results, Confirming Scale and High Grade at Planalto Prospect". AZoMining. 10 December 2024. <https://www.azomining.com/News.aspx?newsID=18026>.

  • Chicago

    Latin Resources Limited. "Latin Resources Limited Announces Exceptional Results, Confirming Scale and High Grade at Planalto Prospect". AZoMining. https://www.azomining.com/News.aspx?newsID=18026. (accessed December 10, 2024).

  • Harvard

    Latin Resources Limited. 2024. Latin Resources Limited Announces Exceptional Results, Confirming Scale and High Grade at Planalto Prospect. AZoMining, viewed 10 December 2024, https://www.azomining.com/News.aspx?newsID=18026.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.