News and Announcements
High Grade Heavy Mineral Content Indentified from Surface to 39 Meters Depth Almost 3km North East of Existing Resource
- Published May 30, 2012 1:29PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Latin Resources Limited (LRS. ASX) is pleased to announce results from exploratory drilling from a section of drill holes designed to test continuity of geology and mineralization across the strike of the heavy mineral (‘HM’) bearing shoreline sediment package at Guadalupito that extends 45km north of the mouth of the Santa River and continues from the present coastline up to 5 km inland.
In addition to the five drills completed on a section drilled along 2.5 km to the north east from the eastern boundary of initial resource area (each with a shaft sampled immediately adjacent), twelve more shafts were sampled on two sections over a grade zone as identified by previously reported pit results . (Appendix 1 and Appendix 2).
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