Latin Resources Limited’s (ASX: LRS) recently completed drilling has confirmed the prospectivity of the area approximately 500m to the west of the Colina Prospect at the company’s Salinas Lithium Project in Brazil.
The Salinas exploration team has reported a new lithium spodumene discovery with the recently completed hole of SADD033 approximately 500 metres west of the Colina Prospect.
The drilling has discovered an intersection of a new swarm of spodumene bearing pegmatites including one of 18.75m in thickness.
Exploration Manager, Tony Greenaway, said this discovery at Colina West has significant scale implications for the Salinas Lithium Project, if drilling confirms the presence of additional parallel mineralised pegmatite systems in close vicinity to the main Colina Prospect.
In addition to this significant discovery at Colina West, the company’s regional mapping campaign has highlighted a third outcropping pegmatite system one kilometre further out to the west of the new Colina West discovery hole, as well as a potential convergence of several pegmatites, including the main Colina and new Colina West systems.
The company will look to systematically drill test both of these additional high priority target areas in due course.
“The intersection of these significant spodumene pegmatites in drill hole SADD033, is an impressive new discovery for the Salinas exploration team,” Mr Greenaway said.
“This hole is testing an area approximately 500m to the west of Colina, well outside of our current resource definition drilling focus. We knew there were additional parallel pegmatite systems out to the west, getting these spodumene intersections confirms the very high prospectivity of the wider project area.
“While we will continue to focus on the resource definition drilling for Colina to ensure that we deliver our maiden JORC Resource as planned, we are preparing additional drill site at Colina West for drill testing in due course.
“This spodumene pegmatite discovery at Colina West may have the potential to deliver additional shallow resource tonnes for the project with further drill testing.”
For further information please visit: https://www.latinresources.com.au/
