Latin Resources Limited’s Post

Latin Resources Limited Vice President of Operations - Americas, Tony Greenaway speaks on the update of the Mineral Resource Estimate (MRE) at the Company’s 100% owned Salinas #Lithium Project, announced yesterday. The Project now has a Global JORC MRE of 77.7MT @ 1.24% Li2O, with 95% of the Colina Deposit now in the Measured & Indicated categories (67.27Mt @ 1.27% Li2O). The significant improvement to JORC confidence with increased tonnage in M+I categories sets a very strong foundation for the upcoming Definitive Feasibility Study (DFS), expected in the third quarter of this year. View the announcement here: https://loom.ly/fonxe8A #LatinResources #LRS #ASX

Latin Resources Limited (ASX:LRS, OTC:LRSRF) VP of operations in the Americas Tony Greenaway joins Proactive’s Elisha Newell after high-grade drill results confirmed the scale of the Planalto prospect at Latin’s #SalinasLithiumProject in Brazil. Recent drilling results have identified a wide, thick mineralisation core at Planalto, suggesting potential for increased tonnage at the Salinas Project. This high-grade zone remains open along strike in both directions, down dip, and up plunge to the south-west, indicating an extension closer to the surface. Greenaway notes that the Planalto prospect shares similar mineralisation characteristics with the company's Colina Deposit, which has long been the subject of Latin’s exploration and development campaign. So far, Planalto's stacked pegmatite lenses exhibit a shallower dip, but the coarse-grained, spodumene-only mineralisation is consistent with Colina's. Watch at #Proactive #ProactiveInvestors #ASX #lithium #lithiumexploration https://lnkd.in/gT6NCXdh

GPIC presentation – 7pm, 18th April, Mallow Hotel, Ballarat A deeper dive on the North Stawell Project Bill Reid – Head of Exploration, North Stawell Minerals. A GPIC presentation, in a pub with a drink and a feed and a little bit more time than a conference slot, is the perfect way to have a closer look at an exploration project and dive a bit deeper into what’s been done and why it’s important or interesting - and what next-steps might be. NSM has been busy at North Stawell - the project is chasing multi million-ounce Stawell-type mineralisation through a thin blanket of cover. Covered terranes are challenging targets for orogenic gold systems – and we’ve got a story to prove it! But the prize - a large, shallow mineral resource preserved by cover is a tempting one, and the work done to date includes increasingly encouraging results. More here: https://lnkd.in/g9ptnxha #GPIC #AIGvic #AIG #NSM #northstawellminerals

#ASXNews NickelSearch Limited wishes to announce the successful completion of the Non-Renounceable Entitlement Offer, which raised A$2.1 million (before costs). • $2.1m Non-Renounceable Entitlement Offer has been successfully completed. • Eligible Shareholders subscribed for $802,656.73, with the balance issued to the underwriters. • Completion of the Entitlement Offer was the remaining condition precedent for the acquisition of the Mt Isa North Copper-Uranium Project. • Funds will be used to undertake a comprehensive exploration program, primarily focused on the Company’s recently acquired Mt Isa North Project. #NIS’ Executive Chairman, Mark Connelly, commented: “We are thankful for the support of participating shareholders and the underwriter in the Entitlement Offer, which will allow the Company to significantly ramp up its exploration programs at Mt Isa North and Carlingup. “The Mt Isa North Copper-Uranium Project contains a number of high priority targets that we will look to progress over the coming months. At Carlingup, we are proceeding with the Program of Works application in order to allow lithium drilling at the Quarry North prospect in early 2025, subject to approvals.” View the announcement: https://loom.ly/INimTFI #NickelSearch #ASX #Copper #uranium #lithium #MiningNews

Ecora CEO discusses Voisey's Bay expansion and cobalt outlook - ICYMI @EcoraResources #LSE #TSX #OTCQX #ECOR #ECRAF. Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) CEO Marc Bishop Lafleche talked with Proactive about the company's cobalt stream investment at Voisey's Bay and the production ramp-up timeline. Lafleche highlighted Ecora's entitlement to nearly 23% of the cobalt production from the Voisey’s Bay mine, operated by Vale. This mine, which initially started as an open-pit operation, is now transitioning underground with significant production increases expected by 2026. Proactive: Hello, you're watching Proactive. I'm joined by Ecora Resources... http://ow.ly/Ful9105Ml2g

Helix Exploration PLC (AIM:HEX) chairman David Minchin joined Proactive's Stephen gunnion with details of the company's acquisition of the Rudyard project in Hill Country, Montana. Minchin shared details of this major helium project, highlighting that the acquisition cost was $250,000, with 60% paid in shares. "This is an acquisition of a proven discovery with helium in its flowed helium gas to the surface, 1.3% helium with good flow rates. It has contingent resources of about half a billion cubic feet," said Minchin. He emphasized the project's potential, stating the in-situ value of the helium is approximately $250 million. Minchin also discussed Helix's diversification strategy, aiming to establish two production hubs by 2025, which would enhance their leverage in negotiating debt finance and ensure a consistent supply for end users. He noted the company's fully funded drilling and appraisal plans, supported by an... Watch at #Proactive #ProactiveInvestors http://ow.ly/UU7f105xv0u

Matador Resources has closed a $1.832 billion acquisition of Ameredev II's subsidiary, adding 33,500 net acres and 431 operated locations in the Delaware Basin, with 118 million BOE in reserves. This increases Matador's total acreage in the basin to over 190,000 net acres and production to more than 180,000 BOE per day. Matador expects to achieve $160 million in synergies over the next five years through operational efficiencies like "simul-frac" techniques. https://lnkd.in/gDBW3x9E

Resouro (ASX: RAU; TSXV: RSM) has listed on the ASX and is a Canadian-based mineral explorer focused on the discovery and development of critical mineral resources in Brazil. Resouro's key projects are its rare earth elements and titanium Tiros Project and the gold projects Novo Mundo and Santa Angela in Brazil and Resouro says it has chosen its portfolio to include projects where it see an early route to cashflow and large scale exploration potential | https://lnkd.in/g2EggpR6

Mineral exploration drives the Canadian economy and is crucial for the shift towards a low-carbon society. A key element of early stage project development is timely and transparent permitting requirements which enable efficient planning and execution of exploration programs.