Latin Resources Limited’s Post

#ASXNews Latin Resources Limited is pleased to provide an update on the Colina Deposit Mineral Resource Estimate at the Company’s 100% owned Salinas Lithium Project in Brazil. • Global Salinas Project Mineral Resource Estimate (“MRE”) (Colina and Fog’s Block Deposits) now provides for 77.7Mt @ 1.24% of Li2O with the Fog’s Block JORC Exploration Target Range ("ETR”) of 7.0 to 18.0 Mt at grade ranging from 0.8% to 1.1% Li2O providing potential for Salinas to exceed over 80Mt in the near term with further #drilling. • The Colina Lithium Deposit MRE now stands at 70.9Mt @ 1.25% Li2O, placing it amongst one of the largest scale, Tier-One, undeveloped lithium deposits globally. • Significant increase in high confidence JORC classification, with 95% of the Colina Resource in the Measured and Indicated JORC classification. • The substantial increase of the Measured and Indicated portions of the MRE underpins the Salinas Definitive Feasibility Study (“DFS”), which is expected to have a significant positive effect on the economics by targeting improved cash flow and longer mine life. DFS is due for release in Q3 2024. • Colina MRE now at 70.9Mt @ 1.25% Li2O above a cut-off of 0.5% Li2O, including: • Measured resource to 28.64Mt @ 1.31% Li2O • Indicated resource to 38.63Mt @ 1.23% Li2O • Measured and Indicated resource to 67.27Mt @ 1.27% Li2O • Inferred resource to 3.6Mt @ 1.10% Li2O • Diamond drilling remains ongoing at the Salinas Lithium Project (“Salinas”), including 4 rigs on the Planalto Prospect, which offers further upside growth potential providing the Company with the opportunity to reach over the 100Mt Global MRE target. • May 2024 MRE upgrade was based on 297 holes for 98,958m, an increase of 99 holes and 36,308m since the December 2023 MRE. #LRS Managing Director, Christopher Gale, commented: "This is another fantastic result from the Latin Resources exploration team, delivering another uplift in MRE tonnage and significantly improving the confidence in the Colina Lithium Deposit. This truly cements the Project as hosting one of the largest scale undeveloped #lithium deposits on a global scale.” Full announcement: https://bit.ly/3yG0Dc2 #LatinResources #MiningNews #ASX

via Stockhead Latin Resources Limited has reported a whopping 56% increase in the global resource at its Salinas lithium project in Brazil to 70.3Mt at 1.27% Li2O. Not only has the Colina resource increased by around 41%, the contained #Lithium Carbonate Equivalent (LCE) has increased from 1.47Mt to 2.05Mt. It also represents a 65% increase into the measured and indicated categories – reflecting the high levels of confidence in both the geological continuity and grade of the Colina pegmatites. Along with a maiden resource, #LRS also identified significant upside growth potential identified at Fog’s Block. Learn more: https://loom.ly/MK7CK8I #LatinResources #ASX

"The notable investments by federal and provincial governments in battery manufacturing highlight the importance of a robust feedstock supply." Vance White, President and CEO of Noble Mineral Exploration highlights the company's recent projects, challenges in the market, strategic focus on battery minerals, and prioritization of the Boulder project. #NobleMineralExploration #GeologicalSurvey #DrillProgram #GBR #OntarioMining #MarketChallenges #BatteryMinerals #CriticalMinerals

via StockHound Black Canyon Limited has made a significant leap in its manganese exploration efforts, announcing a substantial increase in its Global Mineral Resources at the Balfour Manganese Field (BMF). The field now boasts a total of 314 Mt at 10.5% Mn, containing 33.1 Mt of #manganese, with a high-grade component of 99 Mt at 12.9% Mn. This substantial resource upgrade is a product of the completion of Mineral Resource Estimates (MRE) for the Damsite and Balfour East deposits within BMF. These maiden MREs stand at 40 Mt at 11.9% Mn, containing 4.7 Mt of manganese. The Balfour East deposit alone accounts for 32 Mt at 11.9% Mn, with the Damsite contributing a significant 7 Mt at 12.1% Mn. Learn more: https://loom.ly/zN7gRMo #BCA #BlackCanyon #ASX

Latin Metals Inc. (TSXV: LMS) (OTCQB: LMSQF), a leading mineral exploration company in South America, has announced a groundbreaking collaboration with Golden Arrow Resources Corp. to earn up to a 100% interest in the Huachi Property in San Juan Province, Argentina. This venture presents a remarkable opportunity for firms like ours to witness advancements in mineral exploration strategies and techniques. The agreement between Latin Metals and Golden Arrow underscores the importance of strategic partnerships in maximizing the potential of mineral-rich regions.

via Bulls N' Bears with Matt Birney Latin Resources Limited is set to deliver a mineral resource upgrade for its Colina lithium deposit in Brazil as soon as this month after wrapping up a major resource definition drill campaign at the operation. Colina forms part of the company’s Salinas lithium project in the Brazilian State of Minas Gerais and the deposit currently holds an impressive resource of 63.5 million tonnes at a solid grade of 1.3 per cent #lithium oxide. With a further 6.8 million tonnes going 0.9 per cent lithium oxide at its Fog’s Block deposit, the wider Salinas mineral resource sits at 70.3 million tonnes grading 1.27 per cent lithium oxide. Read more: https://loom.ly/9DUyQ_A #LRS #LatinResources #Exploration #Drilling #ASX

$LRS - High-grade drill results have confirmed the scale of the Planalto prospect at the Salinas Lithium Project in Brazil following a recent foray by 100% owner Latin Resources. https://lnkd.in/gC7FMnZm $LRS #lithium

#ASXNews Alvo Minerals Ltd is pleased to provide its Quarterly Activities Report for the period ending 31 March 2024. Alvo announced that high-grade #copper and #zinc was intersected at the Company’s Palma Volcanogenic Massive Sulphide Copper-Zinc Project and advanced the Bluebush Ionic-clay Rare Earth Element Project. Alvo also announced the acquisition of a new Rare Earth Element Exploration Project called the Ipora #REE Project, located in Central Brazil in the Goias state close to the city of Ipora. A $4.2 million placement with prominent Brazilian private equity group Ore Investments Ltda. was also announced, at a 25% premium to the 30-day VWAP. Rob Smakman, #ALV Managing Director commented on the Quarter: “It has been a promising quarter for Alvo, where we progressed work across all of our Projects and added the Ipora REE Project. The recent placement with Brazil’s Ore Investments group will be transformative for the Company – allowing us to accelerate exploration across 2024.” See the full report: https://loom.ly/g_17cxg #AlvoMinerals #ASX

"Drilling at (Iltani Resources') Herberton's Orient target has been smashing expectations, making Orient the most exciting #silver exploration project in the country right now. It has delivered outstanding intersections of #silver-#lead-#zinc-#indium mineralisation, including recently recording the highest ever reported indium grades in Australia...I am certainly eager to see more outstanding results from $ILT's continuing drilling." Quoted by industry veteran and Founder of ABL Capital Partners Andrew Livy, Iltani has "curated an outstanding portfolio of advanced exploration projects," since its aggressive exploration began following its #ASX debut in June 2023. Livy highlights Iltani's impressive portfolio focused on #basemetals and critical raw materials. He also goes on to say to keep a close eye on Wildcat Resources, which is growing a major lithium discovery in the Pilbara region of WA. Its Tabba Tabba Lithium Project has the potential for an ~80Mt lithium resource at 0.5% Li2O cut-off, with a whopping 100,000m of drilling planned for this year. Read more in The Pick Magazine ⬇️ #stockstowatch #smallcaps #investors #ILT #WC8

New Release! Our exploration program continues to yield impressive results such as the intersection of significant mineralization: 7.85g/t Au over 13.4m, including 59.10g/t Au over 1m. To learn more, read the release below. https://lnkd.in/d69gmbbi