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Latin Resources Limited - International Lithium Association

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https://lithium.org/wp-content/uploads/2023/07/www-Latin-Resources-3-1536x768.png 1536w, https://lithium.org/wp-content/uploads/2023/07/www-Latin-Resources-3-2048x1024.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /> </div> </div> </div> </div> <div class="elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-f84ac75" data-id="f84ac75" data-element_type="column"> <div class="elementor-widget-wrap"> </div> </div> </div> </section> <section class="elementor-section elementor-top-section elementor-element elementor-element-c3cdd4a elementor-section-boxed elementor-section-height-default elementor-section-height-default" data-id="c3cdd4a" data-element_type="section"> <div class="elementor-container elementor-column-gap-default"> <div class="elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-278e613" data-id="278e613" data-element_type="column"> <div class="elementor-widget-wrap elementor-element-populated"> <div class="elementor-element elementor-element-32efb0a elementor-widget elementor-widget-heading" data-id="32efb0a" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h1 class="elementor-heading-title elementor-size-default">Latin Resources Limited</h1> </div> </div> <div class="elementor-element elementor-element-9466734 elementor-widget elementor-widget-heading" data-id="9466734" data-element_type="widget" data-widget_type="heading.default"> <div class="elementor-widget-container"> <h2 class="elementor-heading-title elementor-size-default">Associate Member</h2> </div> </div> <div class="elementor-element elementor-element-232e4de elementor-widget elementor-widget-text-editor" data-id="232e4de" data-element_type="widget" data-widget_type="text-editor.default"> <div class="elementor-widget-container"> <p>Latin Resources Limited (ASX: LRS) is an Australian-based mineral exploration company, developing a low-cost, sustainable, tier one lithium operation in the premier mining jurisdiction of Minas Gerais, Brazil. The Company is focused on its flagship Salinas Lithium Project, where the Company has defined a Global Mineral Resource Estimate at its Colina Lithium Deposit* of 70.3Mt @ 1.3% Li2O, reported above a cut-off of 0.5% Li2O. The classification of this JORC MRE includes: </p><ul><li><span style="font-size: 18px;">Colina MRE- 63.5Mt @ 1.3% Li2O (1.73Mt @ 1.47% Li2O Measured + 39.29Mt @ 1.36% Li2O Indicated) + 22.47Mt @ 1.21% Li2O Inferred.</span></li><li><span style="font-size: 18px;">Fog’s Block MRE- 6.8Mt @ 0.9% Li2O Inferred. The Company recently defined a Preliminary Economic Assessment (PEA)** which contemplates a proposed 3.6Mtpa standalone mining and processing operation over two phases. where the economics show after-tax NPV8% of A$3.6 billion (US$2.5 billion) and combined after-tax IRR of 132%. </span><span style="font-size: 18px;"><br /></span></li></ul><p><span style="font-size: 18px;">Latin also holds the Catamarca Lithium Project in Argentina and through developing these assets, aims to become one of the key lithium players to feed the world’s insatiable appetite for battery metals.</span></p><p>*For full details of the Colina Lithium Deposit MRE, please refer to ASX Announcement dated 6 December 2023.</p><p>**For full details of the Colina Lithium Project PEA, please refer to ASX Announcement dated 28 September 2023.</p> </div> </div> <div class="elementor-element elementor-element-d08c476 elementor-widget elementor-widget-heading" data-id="d08c476" data-element_type="widget" 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