Latin Resources Limited (ASX: LRS) announced that exceptional results were received from four grab/float samples collected as a part of a reconnaissance exercise in consultation with the landholder at the Company’s Noombenberry Project in WA.
LRS said that the results from four float samples collected from dam walls at two separate locations within Latin’s new tenement applications confirmed bright white (>74 ISO-B) and ultra-bright white (>84 ISO-B) kaolin up to 15 kilometres along strike to the north east of the Company’s main drilling area. LRS said that both samples collected from one dam site also returned high-grade halloysite grades.
Latin Resources said that the company has land access agreements in place covering these areas and will progress to systematic drill testing of these new areas as a priority once the new tenements are granted.
Reconnaissance sampling at Noombenberry
The company had recently commenced reconnaissance exercise in consultation with the landholder at its Noombenberry Project.
LRS announced that encouraging results were received from four grab/float samples collected as a part of a reconnaissance exercise.
Latin Resources said that high-grade results were reported from the four samples. The company announced that the results confirmed initial visual observations of bright to ultra-bright white (>84 IOS-B) kaolinitic clays in dam walls up to 15 kilometres along strike to the north east of the Company’s current focus for air-core drilling.
The company said that both samples from one dam site sampled approximately 7 kilometres along strike to the north east returned high-grade (>10%) halloysite, with one sample returning over 25% halloysite. Results from analytical test work for all four samples are as shown below.
The company noted that these exceptional results highlight the potential scale of the high-quality kaolinite and high-grade halloysite mineralisation within its Noombenberry Project, where the Company is currently engaged with independent consultants to generate its maiden JORC resource for the Project.
JORC resource estimate
LRS said that the JORC resource estimate will be based on an area of approximately 4.0 x 4.5 kilometres (18 km2), where the Company has completed air-core drilling on a nominal 200m x 200m grid pattern.
The Company said that with results from the analysis of drill samples still coming in, its immediate focus is generating the geological wireframes to enable the fast tracking of the estimation process once all results have been received.
Work programs submitted
LRS said that it is also preparing to extend the current drilling pattern immediately to the north within its 100% owned and granted tenements, where new land access agreements have recently been executed. The company said that work programs have been submitted to DMIRS, with the Company planning to commence drilling as soon as possible upon receipt of approvals.
The Company announced that it will then turn its attention to these newly identified areas of high-quality kaolinite and high-grade halloysite along strike to the north-east and then further afield within the Company extensive tenement package which extends over a 100-kilometre strike length.
Latin Resources said that it will carry out follow-up drilling at Noombenberry Project depending on the results of this initial drilling.
Latin Resources Executive Director, Chris Gale said: “These results from the reconnaissance sampling of the white dams along strike from our current drilling area are exceptional. They are not only significant in their own right, showing high-quality kaolinite and high-grade halloysite outside of our current area of drilling, but moreover they highlight the potential to significantly grow the exciting Noombenberry project.
These samples are up to 15 kilometres along strike from our main drilling area where we are undertaking a maiden JORC resource and is the first location sampled as part of our regional reconnaissance program. Latin’s tenement applications extend over a strike length of 100km where our exploration team have identified many more of these white dam locations. We are extremely confident that as we continue to expand our reconnaissance sampling into our new tenement areas, we will continue to highlight more high-grade zones like this.”
*Image source: Latin Resources Limited