LRS - Latin Resources

[System]

Latin Resources’ Halloysite and Kaolin assays could be highest grade in Australia

 

[Dona Ferentes]

Latin Resources advised that the final batch of assay results have been received to enable the commencement of the maiden resource estimate for the Noombenberry Halloysite-Kaolin Project.

4.8c to 6.5c in the week .... mind you, there has been a bit of nudge-nudge with publicity
(Disclaimer: This article is sponsored content from Latin Resources Limited (LRS) and does not constitute an endorsement by the publisher.)

 

[Garpal Gumnut]

LRS seem to have the ability to control diarrhoea with their continual kaolin finds, so I am trusting they will arrest an inexplicable leaking from my short term trading account.

Pure white kaolin I am told and lots of it.

gg

 

[Dona Ferentes]

Pure white kaolin I am told and lots of it.

HIGHLIGHTS:
• Maiden Inferred (JORC 2012) Mineral Resource Estimate for the Company’s 100%-owned high-grade Noombenberry Kaolin-Halloysite Project, prepared by independent consultancy RSC Global Pty Ltd ).
• The Mineral Resource is prepared by a Competent Person and classified and reported in accordance with the JORC Code (2012).
• This is the first Kaolin-Halloysite deposit defined within the larger Noombenberry Project and will be called “Cloud Nine”. It has the potential to become the single-largest undeveloped Kaolin-Halloysite deposit in Australia, with substantial potential for future growth with the mineralisation open in all directions.
• A global Inferred Mineral Resource of 207 million tonnes of kaolinised granite has been estimated, comprising two separate domains:
....• 123 million tonnes of bright white kaolin-bearing material; and
....• 84 million tonnes of kaolin/halloysite-bearing material2.
• The halloysite sub-domain yields 50Mt grading 6% halloysite using 1% halloysite cutoff, or 27Mt grading 8% halloysite using a 5% halloysite cut-off within the minus 45micron (-45 µm) subfraction.
• The global kaolinised granite Resource contains a total of 73Mt of bright white (+75 ISO-B) Kaolin product with an ISO-B of 79 in the -45 µm size fraction, or 29Mt of ultra-bright white (+80 ISO-B) kaolin product with an ISO-B of 82


-late rush by gg in the 5th at Port Macquarie?

 

[Dona Ferentes]

And now it's all lithium? Has run over the last few weeks

TH pending the release of an announcement in relation to assay results from the Salinas lithium project in Brazil.

 

[greggles]

And now it's all lithium? Has run over the last few weeks

TH pending the release of an announcement in relation to assay results from the Salinas lithium project in Brazil.

Good news for LRS. Those assay results from the Salinas Lithium Project have returned high-grade lithium. Share price is up 23.68% today. March has been a great month for LRS.

 

[Dona Ferentes]

Good news for LRS. Those assay results from the Salinas Lithium Project have returned high-grade lithium. Share price is up 23.68% today. March has been a great month for LRS.

apart from the confusion over the name (hard rock pegmatites) , I guess it's welcome back to the focus on L Am
salinas

1. (chiefly in the Caribbean or South America) a salt pan, salt lake, or salt marsh.

 

[frugal.rock]

 

[greggles]

LRS exercising its option to acquire tenement 830.691/2017. Consideration for the tenement is US$105,000, US$90,000 of which will be cash and US$15,000 in LRS shares.

Management must have a lot of faith that this tenement will deliver the goods. Drilling carried out there earlier this year has returned high grade results. See the announcement dated 30 March.

A good move by management to secure the landholding.

 

[Ibza]

I chose this one for the October tipping comp because the chart looks good.

The share price is in an uptrend and has retraced to the 61.8% fib line. It could continue its uptrend from here on. The current share price is 9.3c and it could go to either 17 or 21.5 which are the 100% and 161.8% fibonacci extensions.
There is also a greater leading diagonal pattern on the chart and LRS is currently in W5 of it.

 

[Dona Ferentes]

I chose this one for the October tipping comp because the chart looks good.

and kicking higher today (as high as 12.5c)

FURTHER HIGH-GRADE INTERSECTIONS FROM COLINA RESOURCE DRILLING
- 8.45m @ 3.57% Li2O including 4.17m @ 5.79% Li2O

HIGHLIGHTS
• New lithium discovery at Colina West, located 500m west of the Colina Prospect.
• Assay results have confirmed multiple high-grade lithium bearing pegmatites at the Colina West Prospect located 500m to the west of the main Colina Prospect.

 

[Dona Ferentes]

@Ibza ... 2 posts and 'in the money' for the comp Keep 'em coming (early days)

	Player	Ticker	Entry price​	Gain/Loss​	Change in %​
1.	Ibza	LRS	0.096​	0.019​	19.79​

 

[Ibza]

@Ibza ... 2 posts and 'in the money' for the comp Keep 'em coming (early days)

	Player	Ticker	Entry price​	Gain/Loss​	Change in %​
1.	Ibza	LRS	0.096​	0.019​	19.79​

Thanks Dona! ?

 

[Australis]

Latin resources announces positive drilling results - stock up 50% since July

 

[qldfrog]

Latin resources announces positive drilling results - stock up 50% since July

hum, not much activity but one system highlights this one and true, it could be rebounding

 

[qldfrog]

hum, not much activity but one system highlights this one and true, it could be rebounding

I felt bad gambling on this one as the stock of the month without skin in the game , so I bought a small parcel on first day of the month.time will tell

 

[rcw1]

Good afternoon
Well well well.

SP has taken off today.

Not holding.
Have a very nice weekend.

Kind regards
rcw1

 

[qldfrog]

Indeed just saw that.i like it

 

[rcw1]

Indeed just saw that.i like it

nice work qldfrog

kind regards
rcw

 

[rcw1]

52-week high today (14/06/23)

Holding.

Kind regards
rcw1